Wealth management firm Mattioli Woods has appointed Mark Stokes as business and acquisition development officer to expand the firm’s range of financial planning services.
In his role, Mr Stokes will also work alongside the existing acquisition and integration team to embed acquired firms into the business while developing growth strategies.
Prior to joining Mattioli Woods, Mr Stokes spent 20 years as founder and managing director of IFA firm Lewis Chambers, before it was acquired by Succession Wealth in 2017.
He then spent three years with Succession, most recently as group public relations and communications director.
Michael Wright, managing director of Mattioli Woods, said: “We are delighted to welcome Mark to Mattioli Woods, who, with his considerable experience, is a very welcome addition to the team. In these unprecedented times, we must do all we can to support and advise our clients and our people.
“We look forward to working with Mark as we continue to develop the business. Mattioli Woods will continue to bring together like-minded firms and individuals who share the same passion for great client outcomes as we do.”
Mr Stokes said: “Mattioli Woods is an extremely progressive wealth management business with an all-embracing and integrated approach.
“It genuinely puts its people and its clients at the heart of everything it does. I am delighted to be part of a successful and focused team”.
Mattioli Woods has been active in the acquisition space over the past year, snapping up a number of firms.
At the end of 2019 it acquired Glasgow-based Turris Partnership Limited in a deal worth up to £1.6m.
Earlier this year (March 2020), it acquired private client adviser and asset manager Hurley Partners in a deal worth up to £25.6m.
The deal is expected to complete in the second quarter of this year with the management team of Hurley Partners being retained following the acquisition.
Mattioli Woods currently services more than 11,000 self-invested personal pensions and small self-administered pension schemes with assets under management of £9.4bn.
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