Ian Mattioli, founder of wealth manager and SIPP provider Mattioli Woods, is to step down as CEO to take up a new role as Founding President.

Troubled wealth manager WH Ireland has entered talks for an all-share merger with fellow wealth manager Team.

Wealth manager Mattioli Woods and troubled Financial Planning firm Kingswood are to merge to create a wealth manager with over £25bn in assets.

South East accountants and Financial Planning firm Carpenter Box is to merge with East Sussex-based accountancy firm Clarke Brownscombe.