Mattioli Woods hits £32bn with West Midlands acquisition. 25th June 2026 Deal summary. Mattioli Woods has acquired KRD Financial Advisers Limited, a West Midlands-based financial planning firm overseeing more than £400m in client assets. The transaction was completed through Mattioli Woods' Retiring Adviser programme, which provides succession and retirement solutions for independent financial advice business owners. The deal takes Mattioli Woods' total assets under advice and management to more than £32bn. About Mattioli Woods. Mattioli Woods is a Leicester-headquartered wealth management and employee benefits group founded in 1991 by Ian Mattioli and Bob Woods. The firm was taken private in 2024 in a £432m deal backed by private equity firm Pollen Street Capital, and in 2025 merged with Kingswood Group to create a combined business with more than £25bn in assets. Peter Mann took over as chief executive in late 2025, succeeding co-founder Ian Mattioli, who moved into the role of founding president. About KRD Financial Advisers. KRD Financial Advisers was founded in 2005 by Kevin Bissell and operates from Hagley, near Stourbridge. David Jones is also a director of the business. KRD provides independent advice across pensions, investments, mortgages, protection, later-life planning and estate planning for over 1,000 households, overseeing more than £400m of client assets. Why is Mattioli Woods acquiring KRD Financial Advisers? KRD was a good fit for Mattioli Woods' Retiring Adviser programme, which provides succession and retirement options for financial advice firm owners while transferring client relationships to dedicated Mattioli Woods advisers. Kevin Bissell described choosing a successor as one of the most important decisions an adviser can make, citing shared values and a client-first approach as the basis for the deal. The acquisition also expands Mattioli Woods' presence in the Midlands and adds an established regional client base to the group. What happens next? KRD clients will be transitioned to dedicated Mattioli Woods advisers through a structured process intended to maintain long-term relationships and minimise disruption. Mattioli Woods said clients will continue to receive personalised advice while gaining access to the group's wider investment capabilities and specialist expertise. Mattioli Woods' other recent acquisitions. Kingswood Group - May 2025 Mattioli Woods merged with Kingswood Group to form a combined wealth and financial planning business with more than £25bn in assets under management, administration and advice at the time, serving over 25,000 clients. The Kingswood brand has since been retired in favour of a single Mattioli Woods identity. Cullen Wealth - November 2024 Mattioli Woods acquired Stockport-based Cullen Wealth, a financial advice and employee benefits business founded by Richard Cullen, strengthening its presence in the North West. Opus Wealth Management - September 2023 Mattioli Woods subsidiary Ludlow Wealth Management acquired Blackpool-based Opus Wealth Management for up to £1.42 million. Opus advised around 100 private client families on approximately £53 million of assets. Considering your next chapter? At Chapters Capital, Chapters Capital Limited specialise in financial planning and wealth management M&A. If you own an IFA, financial planning or wealth management firm, Chapters Capital Limited can help you understand the options available to you, from pre-sale planning and selling your firm to retire, through to sell and stay structures and partnership programmes. For a confidential conversation about valuation, buyer fit or your route to market, contact its team.

Mattioli Woods has announced the acquisition of KRD Financial Advisers Limited ("KRD"), a well-established financial planning business serving more than 1,000