Private equity-backed Progeny will expand its presence in the south of England with its latest acquisition of Chartered financial planning practice, Lewis Brownlee Financial Services.
Established in 1990, Lewis Brownlee Financial Services has offices in Chichester, Midhurst and Whiteley. Its acquisition will take Progeny's assets under management (AUM) to nearly £7bn. Lewis Brownlee Financial Services managing director Steve Burns said: "This is an exciting time for both us and our clients. "Joining Progeny will allow us to continue to flourish while remaining loyal to our founding principles and the ethics and values we have worked hard to embed in the business. "Becoming part of a multi-disciplinary professional services firm will also allow us to increase the...
To continue reading this article...
Join Professional Adviser
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.
