Parmenion, the investment solution and adviser support specialist, has received a Defaqto 5 Star Rating for its platform, the highest rating from independent financial research company Defaqto.
The survey asked advisers to rate platforms on 37 individual aspects of service across eight categories. Defaqto Star Ratings are one of the key ratings in the financial industry, aiding consumers and advisers looking for an independent review of financial products and services.
In the 2011 Defaqto Platform Service Satisfaction Survey, Parmenion scored highly in all areas, especially with regards to administration of new business, staff perception and reporting where in each category it achieved satisfaction scores in excess of 90%.
The Parmenion investment service includes a complete range of investment solutions that are created through the expert use of risk management tools to optimise portfolio construction and which can easily be embedded into an adviser’s business. Driven by simple and consistent processes, the solutions comprise active, passive, strategic, tactical and ethical investment styles. In addition, the overall investment process is fully supported at every stage from risk profiling and investment selection through to asset allocation and a slick online application.
Richard Mein, Managing Partner at Parmenion, said:
“The Parmenion investment service has been designed specifically to plug into an adviser’s business so that they can spend more time with clients and run efficient, scalable and profitable businesses. Receiving a 5 Star Rating for the platform is testament to the work that has gone into creating an easy to use, efficient and robust investment service. Our aim is to help the adviser as they make the transition to the post RDR world and provide the high levels of service that they should expect.”