Mattioli Woods is pleased to announce the expansion of the group into Northern Ireland with the purchase of Belfast-based SSAS Solutions.
Employing 12 staff, the business is Northern Ireland's largest independent firm of dedicated SSAS (small self-administered scheme) specialists offering business owners bespoke retirement solutions. Established in 2009, it provides pension administration and trustee services to over 350 SSAS clients, with approximately £380m of assets under administration.
With both companies sharing values such as client-first service, it will be business as usual for the SSAS Solutions team, who have developed great client relationships and solid connections with a number of professional connections throughout Ireland. Furthermore, Mattioli Woods will be looking to enhance the team as it expands its operations into the region, including the creation of a new administration hub for the group and the development of the existing client offering to include SIPPs (self-invested personal pensions). This will make the group the sole SSAS and SIPP operator based in Northern Ireland.
Director-Owners of SSAS Solutions Allison Chambers and Michael Galway said: "We are delighted to be part of the Mattioli Woods group and see this as the next exciting phase for SSAS Solutions as we continue to provide entrepreneurial pension solutions for our clients.
“Being part of the Mattioli Woods group provides us with an additional resource and group support to enable the business to grow while still maintaining our strong client values, which also mirror those of Mattioli Woods."
Mattioli Woods' Group Managing Director Murray Smith said: "We are thrilled to welcome the SSAS Solutions team into the Mattioli Woods family. A great opportunity to build on the success of an established business in Northern Ireland – where we already have a number of clients – we’ve known Michael and Allison for a number of years and have huge respect for the technical expertise their team offers. Their well-regarded skills and knowledge will be a valuable addition to our growing business, serving to further strengthen our services to clients and customers throughout Northern Ireland. We look forward to welcoming them to our expanding team."
Over its 28-year history, Mattioli Woods, an award-winning AIM-listed provider of wealth management and employee benefits solutions, has grown both organically and by acquisition to ten UK locations. It now employs more than 600 people with assets under management, administration and advice of £9.3 billion.
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