Mattioli Woods acquires financial planning business for up to £1.8m

Payment in three instalments

Anna Fedorova
clock • 2 min read
Ian Mattioli, CEO of Mattioli Woods
Image:

Ian Mattioli, CEO of Mattioli Woods

Mattioli Woods has announced the acquisition of 100% of the share capital of Richings Financial Management for an initial consideration of £0.9m and a potential further consideration of up to £0.9m if the firm attains specified performance targets in the two years after completion.

Founded in 1991, Richings is a financial planning and wealth management business working with over 270 private client families with approximately £70m of assets under advice. The firm is based i...

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