Bill Nixon

Since its acquisition by wealth management group Mattioli Woods in 2021, Maven’s assets under management have grown from £772 million to £944m. Mr Nixon described the partnership as having “worked really well”, providing the scale and capital needed for expansion. He noted that the subsequent privatisation of Mattioli Woods by asset manager Pollen Street allows Maven “to move on to the next step”.

Despite growing its UK network to 11 offices, Mr Nixon told The Herald that Glasgow remains the “engine room and the heart of the business”. Over 50 of the firm’s 120 employees are based in the city, which he praised for its pool of highly skilled and loyal professionals.

To reinforce this commitment, the firm has recently made several key promotions in Glasgow, with Amanda Docherty and Doug Pope promoted to finance director roles and Claire Speirs appointed as partner and head of compliance.

Future plans include launching a new buyout fund and expanding its venture capital trust (VCT) and Enterprise Investment Scheme (EIS) businesses. “The challenge for the next year and beyond is innovation,” Mr Nixon stated. “We are looking at a number of new products to take the business on to the next period of growth.”

Mr Nixon, who founded Maven in 2009, also revealed he is “likely to transition into a slightly different role over the next year or so” but intends to remain with the business. He described the firm’s journey as a “Glasgow success story” and concluded, “I wouldn’t have the back office anywhere other than Glasgow because of the quality of people.”