Mattioli Woods Acquires KRD Financial Advisers

Mattioli Woods has strategically expanded its Retiring Adviser programme through the acquisition of KRD Financial Advisers Ltd. This move integrates a West Midlands-based firm with over 1,000 client households and approximately £400 million in advised assets into Mattioli Woods' growing wealth management platform. The deal underscores Mattioli Woods' commitment to providing robust succession solutions for established advisory practices while ensuring seamless continuity for their clientele.

Founded in 2005 by Kevin Bissell, KRD Financial Advisers has cultivated a strong reputation for personalized financial guidance. The acquisition aligns perfectly with Mattioli Woods' established strategy of acquiring quality advice firms, enhancing its national reach and deepening its service capabilities. This initiative is designed to offer retiring advisers a secure pathway for their businesses and clients, preserving the trusted relationships built over years of dedicated service.

Peter Mann, Chief Executive Officer of Mattioli Woods, highlighted the strategic fit, stating, “KRD represents precisely the calibre of firm our Retiring Adviser programme is designed to support. We are committed to ensuring a smooth transition, maintaining exceptional client experience, and offering the enhanced resources of the Mattioli Woods group.” Clients will gain access to a broader spectrum of investment expertise and financial planning tools, complementing the personalized advice they have come to expect.

The integration process emphasizes a structured approach to client onboarding, ensuring that the core values of client-centricity and long-term relationship management are upheld. This methodology has proven successful in previous integrations, reinforcing client confidence and advisor trust. The acquisition not only strengthens Mattioli Woods' presence in the Midlands but also contributes significantly to its overall assets under advice and management, now exceeding £31 billion.

Kevin Bissell, Founder of KRD Financial Advisers, expressed confidence in the partnership, noting, “Selecting a successor is a critical decision. Mattioli Woods demonstrated a clear alignment with our client-first ethos and commitment to enduring relationships. Their financial strength and extensive expertise provide assurance that our clients will continue to receive the highest standards of service.” This sentiment reflects the growing trend of established firms seeking robust partners for future growth and client security.

This transaction is supported by Pollen Street, a key financial partner in Mattioli Woods' growth trajectory. Duncan Gerard, Partner at Pollen Street, commented, “We are pleased to see KRD join the Mattioli Woods family. This acquisition further validates the strength of the Retiring Adviser programme and its appeal to high-quality advisory businesses.” The ongoing collaboration with Pollen Street facilitates Mattioli Woods' dual strategy of organic expansion and targeted acquisitions, reinforcing its position in the competitive wealth management sector.