Progeny
Progeny snaps up UK financial planning firm
Deal takes assets under management to nearly £7bn
A quarter of baby boomers don’t trust young Brits with inheritance
But just 3% talked to a financial adviser about their succession plans
Progeny acquires Scottish professional services group
It is the firm’s fourth M&A deal in the country
PEOPLE MOVES: Brooks Macdonald, Premier Miton, Lombard Odier
Wealth manager and investment firm hire global head of distribution
Financial planning firm buys Scottish advice business
It is the company’s third acquisition in the country