Ian Mattioli, Mattioli Woods' chief executive

Wealth manager Mattioli Woods grew its revenue in its most recent financial year, while its active acquisitions programme increased costs and reduced profits year-on-year.

Revenue was £62.6 million in the year to 31 May 2021, up 7 percent on the prior year’s £58.4 million.

The revenue contributions from the acquisitions of Hurley Partners, BDO Northern Ireland’s property plannin...