Parmenion has announced that it is adding access to discretionary fund management (DFM) solutions from both Morningstar and Brewin Dolphin to its platform.
Parmenion has bought Midlands-based wealth manager EBI Portfolios Ltd for an undisclosed sum. The deal, subject to regulatory approval, will bring £1.9bn AUM to the platform provider. The firm says the acquisition is part of its ambitious growth strategy as it broadens its investment offering.