Parmenion’s future owners will be Preservation Capital Partners (PCP) – a private equity firm who specialise in financial services, supporting market-leading companies and teams to achieve their growth ambitions.
PCP understand our focus on putting our customers first and back it wholeheartedly. All the necessary regulatory approvals are now underway and there will be no changes to Parmenion’s operations, management or team.
With PCP’s support, we will forge ahead with our plans for 2021 and beyond, delivering continuously improving technology, professional investment management and best in class service to help adviser firms and their client relationships thrive and grow.
That means you can expect more digital innovation to reduce costs, more data insight to reduce risk and more ways to build value in your business – including the best possible support to help your clients achieve their goals.
Preservation partners with exceptional management teams to build businesses that can achieve long term and sustainable growth.
“We wholeheartedly back Martin and his team in their ambition to grow AUM and become one of the largest privately-held independent adviser investment platforms and will invest in operational excellence and top-quality talent to maintain Parmenion’s strong industry recognition.”
Andrew Secci
Principle at PCP
“We are delighted that Preservation Capital has recognised the potential in our business and share our future vision. Their belief in us, our teams and what we deliver every day to advisers and their clients means there is total alignment of interests, and we are genuinely excited about our future.”
Martin Jennings
CEO at Parmenion
If you would like to find out more, please take a look at our new ownership Q&A or contact your Regional Sales Manager.