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Birmingham Post
Birmingham Post
Business
Tom Pegden

Mattioli Woods wants to triple revenues and double assets-under-management in next few years

Wealth management specialist Mattioli Woods hopes to triple revenues and double assets under management in the next few years on the back of strong latest financials.

The board of the Leicester-headquartered business has announced medium-term targets of £300 million in revenues with EBITDA of £100 million, and to be managing £30 billion of client assets within a few years.

New accounts show revenues were up 73 per cent to £108.2 million for the year to May 31, including more than £46 million from recent acquisitions. Organic revenues were up 10 per cent, meanwhile.

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