1st-The Exchange founder Mik Cons buys into Parmenion

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Mik Cons, founder of software provider 1st-The Exchange, has been appointed partner for wrap Parmenion after acquiring a share of the firm for an undisclosed sum.

Cons' IT expertise will help Parmenion further develop its adviser proposition, managing director Richard Mein says. Mik Cons says: "Parmenion's services can provide advisers with significant opportunities to develop their client service propositions as well as their business value. "With the RDR developments gaining clarity, it is an opportune time for Parmenion and I am looking forward to an exciting future working with the company." Richard Mein adds: "Mik's industry knowledge and IT expertise give Parmenion a great opportunity to further develop our adviser services and we are ...

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