Progeny acquires HNW advice firm Chartered Wealth Management

Deal takes total assets under management to £9bn

Jenna Brown
clock • 1 min read

Progeny has acquired high net worth advisory business Chartered Wealth Management (CWM) in its latest buyout deal.

The private equity backed-wealth manager said the acquisition of CWM took its assets under management to £9bn. CWM has offices in Manchester (pictured) and London and a team of 21, with nine Chartered financial planners and wealth managers. Its new owner said it provided tailored financial planning and asset management services to affluent clients. CWM founding director Mark Stanbury said: "This is an exciting day for our team and our clients, as we join Progeny - a business rapidly growing in scale and profile. "We look forward to being part of this unique business as well as the ...

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 Your profession

Andrew Goodwin: It's time for advisers to think differently about innovation

Andrew Goodwin: It's time for advisers to think differently about innovation

'Ours is still a profession that rightly places enormous emphasis on the human touch, relationships and trust'

Andrew Goodwin
clock 04 July 2025 • 4 min read
Altus' Holford urges advisers to reframe concept of advice gap

Altus' Holford urges advisers to reframe concept of advice gap

Traditional models of value, service and delivery are being challenged

Sahar Nazir
clock 04 July 2025 • 2 min read
PA Asks: Do you keep in touch with clients when on holiday?

PA Asks: Do you keep in touch with clients when on holiday?

Plus, targeted support worries and BDMs

Professional Adviser
clock 04 July 2025 • 1 min read