Parmenion wrapped 2025

Throughout 2025, our focus was simple but ambitious: give advisers more control, simplify day-to-day processes, and make the platform clearer and more transparent for both advisers and clients. Parmenion’s much loved Business Development Consultant Tayyab Omar reflects on another strong period for our platform, driven by purposeful momentum and continuous improvement.

Guided by adviser feedback, we concentrated on strengthening propositions, improving our products and service, and building practical tools that genuinely support how firms operate.

Over the year, Parmenion delivered:

• 267 new features completed 
• 1.2 million lines of code changed 
• 25 major releases delivered

Together, these efforts made a real difference. Updates were delivered every two weeks, smoothly and with near-zero downtime.

More control, less chasing

A major theme this year was enabling advisers to manage core processes directly on the platform, without needing client service or sales support, while keeping everything visible and easy to track.

• Transfer status reporting and withdrawal status trackers transformed transparency, reducing “where is my request?” calls by 24%. Advisers can now see progress in real time, without picking up the phone.
• Payments, withdrawals and applications also became faster and simpler. Calls about delayed withdrawals fell by 36%.
• We replaced BACS with next-day Faster Payments and removed blockers such as ring-fenced Direct Debits, clearing cheques and cash for regular withdrawals, helping clients receive their money sooner. 

As advisers told us:

• “Wonderfully simple.”
• “A huge time and cost saver.”
•  “Keep the enhancements coming!”

Stronger propositions, built your way

Making it easier to manage propositions was another key milestone. We continued to evolve how advisers and DFMs build, maintain, and scale investment solutions on the platform.

• Managing a Centralised Investment Proposition (CIP) is now more flexible and intuitive. Enhancements such as Tiered Adviser Charging and client groupings simplify governance and ensure fair and accurate charging. 
• We extended model-level capabilities to give DFMs and advisers greater flexibility in portfolio structure and maintenance, improved fund conversion tooling to make transitions smoother, and expanded Affinity functionality - supporting co-manufacturing arrangements and now available on other platforms. 

Together, these changes make collaboration easier and help firms manage change with confidence as their propositions grow.

Reporting that works harder

We expanded and refined the reporting suite to give advisers better oversight without information overload.

• New multi-pot wrapper-level reports were introduced, while the new-style Investment Management Report presents information more concisely.
• Key reports can be downloaded in multiple formats like CSV and Excel formats and using custom date ranges.

Supporting tax planning at scale

As tax planning becomes more complex, we responded by strengthening CGT functionality across the platform.

• CGT reporting was enhanced with bulk functionality and detailed breakdowns at client fund holding level, making it easier for advisers to manage gains efficiently.
• A new book cost tool coming soon further supports CGT planning.
• Plenty more CGT modelling tools coming soon - watch this space.

Adviser self-serve, by design

We continued to digitise and streamline core processes, reducing turnaround times and manual intervention. 

Adviser self-serve expanded significantly this year, with:

• 353 ad-hoc adviser charges requested.
• 930 updates to a client’s adviser.
• 1,507 client bank detail changes. 
• New digital declarations, improved fund onboarding, and rules-based automation all played a part.
• New upload scanned applications functionality.
• Enhanced paraplanner client search, allowing paraplanners to find clients across multiple advisers more easily.

You can see more on these developments in our most recent Progress Report.

Looking ahead into 2026

We’ll be sharing news of the exciting developments coming your way throughout 2026, so follow us on Crowdcast and LinkedIn for updates.

And if you’d like to see our roadmap for 2026, please get in touch. We’d love to tell you more.

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.