Mattioli Woods has announced a leadership reshuffle that will see founder Ian Mattioli step back from day-to-day management after more than 30 years at the helm.
Mattioli, who co-founded the business in 1991, will move into a new position as Founding President.
In the role he will continue to support client relationships, strategic partnerships and the development of the firm’s brand.
Non-executive chairman Peter Mann will become chief executive, subject to regulatory approval.
Mann is a veteran of the wealth sector, having previously held senior positions at Old Mutual Wealth and Skandia UK.
He will work alongside deputy CEO Michael Wright, Kingswood Group CEO Pete Coleman and the wider executive team.
The change comes six months after Mattioli Woods and Kingswood formally combined to create a larger wealth management group backed by Pollen Street Capital.
Mattioli said: “Co-founding Mattioli Woods has been the most rewarding chapter of my career and after many years leading the business, now is the right time to transition to a new chapter. I am excited to continue supporting our clients, partners and people while working alongside Peter and the wider team.”
Pollen Street Capital managing partner Lindsey McMurray said the transition was a “natural and well-planned evolution”, adding that Mattioli’s shift into a presidential role would ensure continuity of culture and client focus.
Mann said he was “honoured” to take on the chief executive role at what he described as a pivotal moment for the business.
“My priority is ensuring a smooth transition and building momentum for the next phase of growth. Together with the team at Kingswood, we are entering a new chapter focused on growth, innovation and delivering greater value to clients.”
The changes are expected to take effect in November once regulatory approvals are complete.
