Progeny buys Nottingham-based wealth supervisor

Progeny has purchased Nottingham-based wealth supervisor, Fiscal Engineers, taking its property below administration to £8bn.

The agency stated the acquisition will strengthen its presence within the Midlands.

It additionally stated the deal will enable the 2 companies to mix their experience, complement one another’s choices and construct on their shared rules, values and strategic considering.

Fiscal Engineers makes use of a household workplace strategy to offer bespoke providers for enterprise homeowners, entrepreneurs and different people who’ve substantial funding wants.

Shane Mullins, government chairperson and founder at Fiscal Engineers, stated: “This transfer will allow us to maintain constructing on the whole lot we’ve achieved over the course of the previous 23 years.

 “We consider combining our personal distinctive strengths with Progeny’s will assist each companies fulfil our shared ambitions of delivering a world-class wealth administration service and regularly bettering what we provide to purchasers.

“We’re very enthusiastic about this opportunity to develop the Fiscal Engineers household, broaden our proposition and ship much more advantages to our purchasers, staff {and professional} mates.”

The corporate, which relies in Nottingham, additionally has workplaces in Birmingham and London.

Author: ZeroToHero

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