Parmenion scores triple Platforum award success
Parmenion, the integrated discretionary fund manager and platform provider, took three of the six awards open to Adviser Platforms in the 2018 Platforum Awards
The 2018 annual Platforum Awards saw Parmenion coming out on top for both Technology and Service, while also securing the award for Best Platform in the under £10bn AUM category.
This year’s success builds on previous years, with award success in both 2016 and 2017 for Best Platform under £10bn. In addition, it is the second year in succession that they have received the accolade of Best Technology. The awards are the result of extensive Adviser feedback and providers are judged by Platforum against a set of challenging criteria.
Research Director at Platforum, Miranda Seath said:
“Parmenion have a great reputation in the Adviser community. Everything we hear from them confirms how much easier they find running their businesses with Parmenion as a partner. This has made them hard to beat this year. Advisers tell us that Parmenion’s technology is tip top and that the platform acts on their feedback to make continuous improvements”.
Parmenion has been assisting Advisers in the design, implementation and operation of CIPs (centralised investment propositions) since 2007. What makes them stand out in the market is the seamless integration of proven discretionary management, intuitive technology and efficient administration. Their offering has captured the imagination of a record number of Adviser firms and their success is based on giving Advisers what they need and delivering on service promises. This is evidenced by their record growth and increasing Adviser support.
As the complexity of regulation increases with moves like MiFID II and GDPR, Parmenion is also anticipating that Adviser firms and Wealth Managers with discretionary permissions will increasingly be considering outsourcing as means of securing a consistently compliant operating model.
“We are really pleased that Parmenion is recognised in this way,”
said Richard Goodall, Distribution and Marketing Director.
“Advisers love working with us as our proposition is flexible enough to meet their specific needs, while our core capabilities allow them to increase client satisfaction, reduce costs and take investment management and execution risk out of their businesses. We are delighted with the award success. Thank you to our Adviser partners for their support and to the Parmenion team for all their hard work”.
“The above article is intended to be a topical commentary and should not be construed as financial advice from either the author or Parmenion Capital Partners LLP. If a client wishes to obtain financial advice as to whether an investment is suitable for their needs, they should consult an authorised Financial Adviser. Past performance is not an indicator of future returns.”
Any news and/or views expressed within this document are intended as general information only and should not be viewed as a form of personal recommendation. All investment carries risk and it is important you understand this. If you are in any doubt about whether an investment is suitable for you, please contact your financial adviser.