Parmenion AUM up 17% in 2021 to £9.6bn

New business inflows and service levels also all saw increases. In its annual report and financial statements to be filed with Companies House, the firm said it had moved from a loss in its previous financial year into profit with revenue from core business up 20% to £36m. The bristol-based technology and investment solutions business was set up in 2007. Last July AssetCo, chaired by former Standard Life Aberdeen joint chief executive Martin Gilbert, acquired a 30% equity interest in Parmenion Capital for £27.8m. The adviser platform was bought by private equity firm Preservation Capital...