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

PhillipCapital eyes Walker Crips takeover with £6m bid

PhillipCapital eyes Walker Crips takeover with £6m bid

Amid significant regulatory, compliance and liquidity challenges

Isabel Baxter
clock 24 November 2025 • 3 min read
The Penny Group takes majority stake in £350m AUM advice firm

The Penny Group takes majority stake in £350m AUM advice firm

Will integrate with Harridge Financial Services over a three-year timeframe

Isabel Baxter
clock 21 November 2025 • 2 min read
Tatton AUM up almost 30% to £25.8bn during 'strong period of growth'

Tatton AUM up almost 30% to £25.8bn during 'strong period of growth'

Interim results for the six months to 30 September

Jenna Brown
clock 18 November 2025 • 2 min read