Parmenion, the UK Platform of the Year, today announces that it is further expanding its investment proposition with the addition of portfolios from IBOSS Asset Management.
This enhancement will broaden access to additional DFM (discretionary fund management) solutions for advisers and their clients, while they will still be able to access Parmenion’s own award-winning DFM model portfolio solutions.
32 model portfolios from IBOSS will be fully integrated with Parmenion’s market-leading technology and will span a range of risk grades, so advisers can find a high-quality portfolio matched to each client’s appetite for risk, as well as their preferred investment style.
These are:
- IBOSS' Core, Passive, Income and Sustainable MPS ranges
IBOSS is an award-winning, boutique asset management company that was founded in 2008 and is exclusively available to the financial adviser marketplace, offering practical and cost-efficient ways to outsource the management of clients’ investments. Their AUM, of circa £1.5bn, has been built on consistently strong risk-adjusted returns and a focus on superior service levels that help support and enhance the adviser-client relationship. The company was created by a group of former financial advisers, meaning they have an expert understanding of what is required by a DFM provider, helping advisers explain their own fees through demonstrating the added value they provide.
Parmenion CEO Martin Jennings commented:
“We are very pleased to welcome IBOSS Asset Management portfolio to the Parmenion platform. We have been working hard to expand our offering in recent months, adding numerous top-quality wealth firms’ DFM solutions to our stable for advisers to choose from. This latest addition of 32 high-calibre investment portfolios from IBOSS will help us on our mission to become advisers’ first choice platform in a competitive space.”
Rebecca Anscombe, Head of Operations and Systems at IBOSS said:
“We are delighted to be able to offer our diversified approach to discretionary fund management via the Parmenion adviser platform, allowing more customers to access our industry-leading service. Our Managed Portfolio Service is run by long-standing employees who have an abundance of experience and expertise, bringing together the award-winning IBOSS proposition for advisers and their clients.”
Parmenion’s ambitious growth strategy has seen it broaden its offering to advisers in 2022, launching market-leading propositions and reinforcing its reputation for outstanding service. The platform has added model portfolios from Brooks Macdonald, Schroders, LGT, Morningstar, Brewins, ebi and Tatton Investment Management to its adviser proposition in the past year.
This article is for financial professionals only. Any information contained within is of a general nature and should not be construed as a form of personal recommendation or financial advice. Nor is the information to be considered an offer or solicitation to deal in any financial instrument or to engage in any investment service or activity.
Parmenion accepts no duty of care or liability for loss arising from any person acting, or refraining from acting, as a result of any information contained within this article. All investment carries risk. The value of investments, and the income from them, can go down as well as up and investors may get back less than they put in. Past performance is not a reliable indicator of future returns.