Mattioli Woods expands Retiring Adviser programme with acquisition of KRD Financial Advisers

Mattioli Woods has announced the acquisition of KRD Financial Advisers Ltd (“KRD”), a well-established financial planning business serving more than 1,000 households across the West Midlands.

Founded in 2005 by Kevin Bissell, KRD has built a strong reputation for delivering personalised financial advice and currently advises on more than £400 million of client assets.

The acquisition forms part of Mattioli Woods’ growing Retiring Adviser programme, which provides succession and retirement solutions for financial advisers whilst ensuring continuity of advice and service for their clients.

Under the programme, clients are transitioned to dedicated Mattioli Woods advisers through a structured and carefully managed process designed to maintain long-term relationships and minimise disruption. The approach has been successfully implemented across a number of previous acquisitions and reflects Mattioli Woods’ commitment to preserving the trust that clients place in their advisers.

Peter Mann, Chief Executive Officer of Mattioli Woods, said: “KRD is exactly the type of business our Retiring Adviser programme was designed to support. David and Kevin have spent more than two decades building trusted relationships with clients across the West Midlands and we are delighted they have chosen Mattioli Woods as the long-term home for those clients.”

“Our priority is ensuring continuity, stability and an excellent client experience throughout the transition. Clients will continue to receive personalised advice from dedicated advisers whilst benefiting from the broader resources, investment capabilities and specialist expertise available across the Mattioli Woods group.”

“This acquisition further demonstrates the strength of our Retiring Adviser proposition and the growing demand from advisers seeking a trusted succession partner that shares their commitment to putting clients first.”

Kevin Bissell, Founder of KRD Financial Advisers, said: “Choosing a successor for a business you have spent years building is one of the most important decisions an adviser can make.”

“Throughout our discussions, it became clear that Mattioli Woods shares our values, our client-first approach and our commitment to long-term relationships. Their scale, expertise and financial strength give us great confidence that our clients will continue to receive the high standards of advice and service they have come to expect.”

“We are pleased to have found a partner that can provide continuity for our clients whilst preserving the culture and principles that have shaped KRD over the last twenty years.”

Duncan Gerard, Partner of Pollen Street added: “We are delighted to announce the acquisition of KRD, the latest addition to Mattioli Woods’ Retiring Adviser programme. David and Kevin have built a strong business serving clients across the West Midlands, underpinned by excellent client care. We look forward to working with the team to ensure a smooth transition into the Mattioli Woods group, where clients will continue to benefit from market-leading advice and service.”

Founded in 1991, Mattioli Woods provides wealth management, financial planning and employee benefits services to individuals, families, business owners and corporate clients across the UK. The acquisition of KRD further strengthens the firm’s presence in the Midlands and increases assets under advice and management to more than £31 billion.

The transaction represents another milestone in Mattioli Woods’ strategy of combining organic growth with carefully selected acquisitions that enhance its advice capabilities, broaden its client reach and support long-term sustainable growth.