Mattioli Woods takes stake in fintech Wealth manager and pensions firm Mattioli Woods has taken a stake in Tiller Group, a financial technology (fintech) company which closed its robo advice arm in 2019. Mattioli Woods says the investment is part of a move to develop a digital, self-investment application. Tiller Group closed its wealth management robo-adviser service Tiller Investments in 2019 and returned money to investors after deciding to concentrate on wealth management fintech for the B2B market. It was one of a number of robo-advisers to pull out of the market over the past three years. {loadposition hidden2} Tiller now provides a Software as a Service ("SaaS") wealth management platform for wealth managers and other regulated financial services businesses. The platform will provide a digital investment management app which will be able to onboard new clients and will offer risk profiling, portfolio management and other services. Mattioli says it will offer the service at a “competitive price” for clients. The launch is planned for later this year.