Progeny sees revenue up in excess of £10m after acquisition successes

The Leeds-based firm's six-month results to 30 June - published on 31 July - note its acquisition of international advisory firm Fry Group as a major catalyst for its success. A total £3.1bn has been added via acquisition while the firm has also seen organic assets of £278m enter its flows during H1. Assets managed increased by £911m over the period, leading to an all up year-on-year revenue increase in excess of £10m. "H1 has seen us make good progress towards our ambition to create the first global financial planning business for UK citizens and become a highly trusted professional ...