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 ...
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