Praemium opens Edinburgh office; hopes to make 20 hires in 2021

Based on George Street

Sophie King
clock • 1 min read

Praemium has opened an office in Edinburgh and says it hopes to grow its team over the next few years, specifically making 20 hires by the end of 2021.

The offices, based on George street, can hold up to 25 members of staff. Praemium said it hopes to make 20 new hires by the end of this year.  The investment platform said the new office would put it close to a "European financial centre, fintechs, start-ups plus academic institutions". It currently has offices in London and Birmingham. The firm has £2.2bn assets under administration (as of the end of Q4 2020) and 336 adviser firms using its services. Praemium managing director for UK and international Mark Sanderson said: "We have our sights set firmly on leap-frogging development...

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 Wrap/platforms

Quilter reports platform net inflows of £1bn in first quarter

Quilter reports platform net inflows of £1bn in first quarter

Ongoing adviser charging review to start shortly after FCA talks

Jenna Brown
clock 24 April 2024 • 2 min read
Will IFA-owned platforms take over the financial advice sector?

Will IFA-owned platforms take over the financial advice sector?

PA talks to industry experts on the future of adviser-owned platforms

Sahar Nazir
clock 27 March 2024 • 9 min read
CGT support from platforms now 'adviser must have'

CGT support from platforms now 'adviser must have'

Shrinking personal allowances dragging more investors into CGT net

Jenna Brown
clock 27 March 2024 • 2 min read