Mattioli Woods profits up 26% to £2.5m

The pension consultancy and wealth manager said it had integrated the Kudos Independent Financial Services acquisition and would continue to expand its wealth management proposition after the launch of its discretionary portfolio management service in August. Its consultant numbers were up 19.6% to 55. Bob Woods, executive chairman, said: “Against this backdrop, the board is pleased to recommend the payment of an increased interim dividend, up 25.9% to 2.33 pence (1H12: 1.85 pence) per ordinary share.  We are committed to growing the dividend sensibly, while maintaining an appropriat...