1st-The Exchange founder Mik Cons buys into Parmenion

clock

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 ...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Your profession

Fairstone refines buyout terms to focus on high-growth potential IFAs

Fairstone refines buyout terms to focus on high-growth potential IFAs

Updated DBO model to ‘support increased valuations’

Jenna Brown
clock 30 April 2025 • 2 min read
L&G drops fracture cover in critical illness and income protection overhaul

L&G drops fracture cover in critical illness and income protection overhaul

Increased pay out amounts

Jaskeet Briah
clock 29 April 2025 • 3 min read
Advisers could add 20 more clients annually with AI support

Advisers could add 20 more clients annually with AI support

Early adoption of artificial intelligence tools is boosting adviser efficiency

Sahar Nazir
clock 28 April 2025 • 2 min read