Mattioli Woods Partners with Vestd to Scale Employee Share Scheme Offering Ahead of EMI Expansion

Leading wealth and asset management firm Mattioli Woods has partnered with sharetech platform Vestd to support its consultants and clients with the design, delivery and administration of compliant share schemes.

The partnership will see Vestd become an approved supplier for Mattioli Woods, which has an established team advising businesses on long-term financial wellbeing and employee benefits.

Vestd was the UK’s first purpose-built platform for share schemes and now supports thousands of businesses to design, set up and manage schemes on its FCA-authorised and Companies House-integrated platform.

In last year’s Autumn Budget, the Chancellor announced a number of changes to increase eligibility to the most popular government-backed share scheme, the Enterprise Management Incentive (EMI).

From April, eligibility criteria will widen to enable businesses with up to 500 employees and gross assets of up to £120 million to use the scheme as part of their reward and retention strategies.

Matt Phillips, enterprise lead at Vestd, explained:

“Mattioli Woods have built a strong reputation advising businesses on long-term financial wellbeing and employee benefits. Partnering with them is a natural fit for Vestd, as more companies look to use equity as part of a modern reward strategy.

“Together we can help organisations implement share schemes that are simple to manage, well governed, and genuinely engaging for employees.

“For too long, share schemes have been seen as the preserve of FTSE 100 firms but this partnership will help more SMEs and enterprise businesses access the same retention tools as the biggest businesses.”

Adrian Firth, employee benefits consultant at Mattioli Woods, added:

“Mattioli Woods is thrilled to partner with Vestd, the leading sharetech platform. Together, we’ll deliver equity-driven employee benefits and wealth management services – helping clients achieve their share ownership ambitions.”