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IWP adds £360m in assets with double acquisition 

Independent Wealth Planners (IWP), the rapidly expanding Financial Planning-focused advisory group, has acquired two more firms to add £362m in assets.

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Tilney acquires Northumberland Financial Planner

Financial Planning and wealth management firm Tilney Smith & Williamson has added Explore Wealth Management’s team to its Newcastle office.

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Progeny acquires 12-staff Yorkshire Planning firm

Acquisitive Financial Planning firm Progeny has acquired Yorkshire-based Financial Planning firm JM Glendinning Financial Services.

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US private equity firm is new owner of Progeny

US-based private equity firm Further Global Capital Management is to acquire a majority stake in expanding Financial Planner Progeny for an undisclosed sum, a move which may accelerate Progeny's expansion. 

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