Progeny to acquire Balmoral Asset Management.

Progeny, a provider of digital identity consultancy and API services, agreed to acquire Balmoral Asset Management, a Chartered financial planner. Financial terms were not disclosed. “We’re immensely proud of what we have created at Balmoral Asset Management: a prestigious advice firm that’s built a reputation on getting results for our clients. Joining Progeny will allow us to continue to grow, and to increase the range of services we offer our clients, many of whom have complex requirements which will benefit greatly from the multi-disciplinary professional services expertise we will now be able to provide," Stuart MacDonald, Balmoral Asset Management Managing Director.