Mattioli Woods, an Enderby-based wealth management firm, has increased assets under management (AuM) from £50 million to £510 million in the six months ending 30 November 2013.
There were strong results across the board for the firm as revenue rose 19.4% to £13.44 million and client assets rose 33.3% to £4.32 billion. The firm also remains in a strong financial position with net cash of £7.99 million compared to the £3.94 million in the previous half.
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Bob Woods, executive chairman, said: "We are delighted with the performance of our business in what remains a fast-changing market. Currently trading is in line with the Board’s expectations and we remain confident in our outlook for the remainder of the year."
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