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Pre-tax profits soar 96% for Mattioli Woods

Wealth manager and SIPP provider Mattioli Woods has reported a 95.9% rise in adjusted pre-tax profit to £14.1m for the six months ended 30 November

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Wealth managers ‘likely winners’ post-lockdown     

Wealth managers and fund managers are the most likely financial services firms to recover swiftly post-lockdown, according to predictions from a City adviser and research company.

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Nutmeg notches up 80,000 clients and £2bn AUM

Robo-adviser Nutmeg believes it has bucked the trend in the beleaguered digital adviser sector with 41% year on year growth in AUM.

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6 in 10 wealth managers rejecting smaller investors

Nearly 6 in 10 wealth managers are turning away clients who fall below their minimum investment level with more adopting this strategy as costs rise and fees fall.

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