Progeny targets £5.5 billion AUM with acquisition

News Team, 28/06/2022

Neil Moles, chief executive at Progeny

Acquisitive wealth manager Progeny is set to acquire The Fry Group as it expands into international markets.

The Fry Group specialises in tax, estate, and financial planning, employing 191 people across four UK offices in London, Worthing, Cheltenham, and Exeter.

Progeny said the deal will extend its boundaries beyond the UK and increase its total assets under management to over £5.5 billion.


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