The company’s discretionary portfolio management service was established in August last year and the acquisition of Newmarket-based Atkinson Bolton occurred in July this year.
The firm said wealth management revenues increased 19~% to £6.44m in the year to 31 May and now represent 27.5% of total group revenues, compared with 26.4% in 2012.
Initial placement fees and ongoing management charges of £1.92m were generated by the discretionary platform during the period.
Mattioli Woods said total client assets had grown 20.5% to £3.64bn from £3.02bn a year earlier.
Adjusted pre-tax profit for the group stood at £5.56m, up 9.9% from £5.06m in 2012.
