Addidi Wealth has been acquired by national financial advice firm Progeny as it focuses on growing its wealth advisory service for women.
As part of the move, London-based Addidi will offer an expanded range of expertise, including legal and tax advice. Addidi chief executive officer Anna Sofat (pictured), who approached the firm for the next phase of her business development, said Progeny has brought together financial, legal and tax advice under one roof for "the first time in the UK." "Currently, around 90% of female clients say that they feel underrepresented and unsupported by the financial industry as a whole. Together with Progeny, we aim to change that," she added. Sofat scooped a big accolade at Professiona...
To continue reading this article...
Join Professional Adviser for free
Signup and gain exclusive members-only insights
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes
