Bringing you live news and features since 2006 

Progeny expands into Scotland

RELATED TOPICS​

Progeny Group has expanded into Scotland with the acquisition of Edinburgh-based Innovate Financial Services.

Over the last decade Innovate has built its reputation as the financial planning and wealth management firm of choice in Edinburgh. This commitment to client service and technical excellence chimes with Progeny’s ethos and will help the Group offer a UK-wide presence with a consistently high level of service.
 
Innovate’s clients will now be able to benefit from the wider Progeny Group’s asset management, wealth planning and legal services, offered with transparent costs. In line with Progeny’s ‘acquire to hire’ strategy, the Innovate management team and staff will join the Group.
 
Neil Moles, Managing Director of Progeny Group, says: “We are not pausing in the development of the Progeny Group. Edinburgh is a burgeoning commercial and financial centre and serves clients all over Scotland and northern England.”
 
“Innovate’s clients will now have access to the Progeny formula of wealth planning and management as well as legal advice in one place, offered with a transparent fee tariff.”
 
Chris Donald, Managing Director of Innovate Financial Services, adds: “We are delighted to become to part of the Progeny Group and their first expansion into Scotland. The Progeny Group will provide our clients with a superior service and investment proposition as well as enhanced career opportunities for our employees.”
 
A team from Progeny Corporate Law, led by Alistair Scott Somers acted as legal adviser to Progeny on the transaction. Progeny Corporate Law is one of Progeny’s four business areas, which include Progeny Wealth, Progeny Asset Management and Progeny Private Law. 
 
 

Latest News

Saving and investing app, Moneybox, has doubled the number of ETFs available on the platform, in the light of ‘growing..
Global X ETFs has announced the appointment of Ryan O'Connor as its Chief Executive Officer effective as of April 8, 2024. ..
Value-driven structured credit investing firm, Angel Oak Capital Advisors, LLC, has announced the completed conversions of two of its mutual..
Confidence in the continuing strength of bitcoin and Ethereum is driving wider interest in altcoins and other digital assets, according..

Related Articles

Frank Koudelka, State Street Global Services
ETF data provider and ETF Express data partner, Trackinsight, has published its Global ETF Survey 2024 Report: ‘50+ Charts on...
Cryptocurrencies
Matteo Greco, Research Analyst at Fineqia International writes that bitcoin (BTC) ended the week at approximately USD52,150, showing a notable...
US Distribution Awards trophies
The winners of the first US ETF Distribution Awards at the Exchange conference, hosted by ETF Express and sponsored by...
Thomas Bonville, Clear Street
Just over a year ago, Thomas Bonville joined New York-based, prime brokerage Clear Street as managing director, head of derivative...
Subscribe to the ETF Express newsletter

Subscribe for access to our weekly newsletter, newsletter archive, updates on the site and exclusive email content.

Marketing by