Mattioli Woods to merge with Kingswood Group.

Mattioli Woods, a wealth and asset management business, agreed to merge with Kingswood Group, a wealth and investment management firm. Financial terms are not disclosed. The announcement marks a significant milestone in the firms’ shared ambition to deepen client relationships, grow their talent base, and enhance their service and product offerings. The combined Group will be a leading force in the UK wealth and savings market, serving over 25k clients with £25bn in assets under administration and advice (AUAA). It brings enhanced capabilities across wealth planning, investment management, and client service.