Neil Moles - Spear's Magazine

Neil Moles


Neil Moles
Wealth Managers 2018
Company Size
UK International

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The past decade has been anything but ordinary for Neil Moles. He led the management buyout of his firm (Lawrence Scoffield) and became managing director in 2008, aged just 24, fulfilling a promise he made to the owner of the Leeds-based outfit that he would join the company if he could buy it.

Now rebranded as Progeny Group, the firm has undergone a total revamp. With offices in Leeds, London and Salisbury, its offering has grown from strict financial planning to encompass discretionary investment management and private and corporate legal services – what Moles has described as the ‘four pillars’ of the business.

He describes the firm as ‘unique’, pointing to its ‘access to specialist advisers across a wide range of private client fields – succession planning, tax mitigation, trust structuring as well as will and estate planning – it’s all under the umbrella of Progeny’, he has told Spear’s.

For the client, this means having a close relationship with one person at the firm (such as himself) and for only one fee (‘It saves everyone time, worry and money’).

The ambitious Moles has a vision to grow Progeny into one of the most respected advisory firms in the country. He may well be on his way: its blend of services seems to be proving popular. Moles recently calculated that his client base had grown seven-fold in the previous 12 months.