At Parmenion, we support those Advisers seeking to move away from business models based upon sales generated commission towards those providing professional client servicing remunerated by asset based fees.

We believe that clients and advisers benefit from a defined service remunerated by the payment of fees based upon assets under management. This is open, transparent, fair and professional.

Equally, the level of fees payable to the Adviser must be sufficient to justify the time required to provide a professional service to each individual client.

As a result we offer a highly flexible approach to fees charging, which we hope gives Advisers considerable flexibility in reaching agreement with their clients.

The charging structure that is chosen by the Adviser with the client to reflect their joint expectations as to services required.

The difference between the Parmenion and Intermediary charges to the client are payable as commission to the Intermediary.

It should be noted that Parmenion payaway any trail commission payable by the fund management company back to the client.