Mattioli Woods Acquires Richings Financial Management, Adding £70M Assets

Mattioli Woods, one of the UK’s leading wealth management providers, has announced the acquisition of Richings Financial Management Ltd (Richings), an established financial planning and wealth management business, which would support Mattioli Woods’ continued growth in the South East.

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Based in Iver, Richings was launched in 1991, with over 270 private client families with approximately £70 million assets under advice. According to the official press release, Richings’ experienced team of four staff will remain with Mattioli Woods following completion of the deal. 

“The families looked after by Richings will benefit from the range of products and services offered by Mattioli Woods and we look forward to working with Clive Ridge (Director of Richings) and his experienced team in ensuring high standards are maintained and built upon in the South East,” said Ian Mattioli, chief executive officer of Mattioli Woods.

Mattioli Woods administers over 10,000 clients, and holds over £12 billion of assets under advice and administration. It provides integrated wealth management services, incorporating pension consultancy with a strong focus on self-investment and employee benefits.