Leeds-based multi-disciplinary professional services firm, Progeny, has successfully acquired Chartered financial advice firm, Chartered Wealth Management, expanding its total assets under management to £9bn. With offices in Manchester and London, Chartered Wealth Management offers tailored financial planning and asset management services to high-net-worth clients. The acquisition adds a team of 21 members of staff, including nine Chartered financial planners and wealth managers, with a collective 170 years of experience in providing financial help and advice.
Mark Stanbury, founding director of Chartered Wealth Management, expressed excitement about joining Progeny, a rapidly growing business dedicated to transforming and improving financial advice for its clients and the industry as a whole. Progeny CEO, Neil Moles, welcomed the prestigious and high-performing business into Progeny, highlighting the firm’s forward-thinking approach and commitment to excellence.
The partnership marks the beginning of an exciting chapter for Progeny, as it expands into a new geography and strengthens its presence in the north west of England. A team from global law firm Squire Patton Boggs acted as legal adviser to Progeny during the deal, demonstrating a strategic and well-organized approach to the acquisition.
