Parmenion, the investment and technology partner for IFAs, has developed with the ValidPath network a bespoke investment solution, specifically tailored to the needs of their members, who are typically accountancy linked. The network members will have customised online functionality to support their Passive investment processes. A series of risk based portfolios will be maintained and rebalanced under Parmenion’s discretionary management authority.ValidPath members will be using the FinaMetrica® Risk Profiling Questionnaire and they have created an intranet site to host supporting material such as suitability templates and research notes.
Richard Mein, Managing Partner, Parmenion, said:
“Our appointment as a key partner for the ValidPath network demonstrates our commitment to building innovative, bespoke properly researched and constructed investment solutions capable of supporting our clients and their businesses over the long term. We look forward to working with Advisers from ValidPath and to further refining our offering to meet their evolving needs.”
Kevin Moss at ValidPath, commented:
“We have researched the wrap and platform market for several months to find a provider that could bring our investment proposition to life, and which fulfilled pretty stringent criteria to achieve our objectives. Parmenion has a uniquely effective proposition for Advisory firms. The scale and pace of changes to the IFA sector demands the innovation and service excellence that Parmenion can offer”. Parmenion combines a technologically advanced platform with discretionary management, offering Financial Advisers the ability to supply their clients with a unique and valuable service proposition whilst maximising revenues and business value.