Mattioli Woods has increased its revenues by 10 percent, the wealth manager said in a trading update for the six months to 30 November 2022.

Revenues stood at £54.9 million at the end of H1 2023, up from £49.9 million a year earlier.

This included organic revenue growth of over 2.0 percent.

Its gross discretionary assets under management (AUM) fell 4.0 percent in the period to £4.9 billion.

The firm reported gross inflows of £314.1 million, whi...