Progeny boosts Scottish presence with advice firm acquisition

Second acquisition this year

Sophie King
clock • 2 min read

Progeny has expanded its presence in Scotland by acquiring Ayrshire-based financial advice firm Affinity.

The deal is Progeny's second acquisition this year after buying Leeds-based legal firm Watsons Law in February which added conveyancing expertise to its proposition. By acquiring Affinity, Progeny will be able to extend its multi-disciplinary services offering in Scotland, the firm said. Affinity specialises in providing financial planning services to a select number of private clients and their families in Scotland and the UK. It consists of a team of five and was established in 2008.  Progeny CEO Neil Moles (pictured) said: "We're proud that Affinity has chosen to join the Progen...

To continue reading this article...

Join Professional Adviser for free

  • 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

Join

 

Already a Professional Adviser member?

Login

More on Companies

Clifton Wealth Partnership acquires two South Wales IFAs

Clifton Wealth Partnership acquires two South Wales IFAs

Banyard Independent Advice Services and Wilcox Financial Planning add £68m AUM

Sophia Panayi
clock 03 August 2026 • 2 min read
Five Wealth appoints co-founder Steve Jordan as CEO

Five Wealth appoints co-founder Steve Jordan as CEO

Follows co-founder and chair Phill Dewhurt’s retirement

Sophia Panayi
clock 03 August 2026 • 2 min read
Fintel CEO: Sector must come together to solve data 'problems'

Fintel CEO: Sector must come together to solve data 'problems'

Consumer Duty compliance data gaps

Sophia Panayi
clock 30 July 2026 • 3 min read