Parmenion Group Reports Growth Surge and Doubling of Platform Flows - IFA Magazine

Parmenion sees profits rise and surge in platform flows

Parmenion has reported a strong set of results for 2024, with profits rising and platform flows doubling over the year. In its annual results published today (3 June), the platform provider said assets under management grew by £2bn to £13.1bn in the 12 months to… The post Parmenion sees profits rise and surge in platform flows appeared first on Money Marketing.

Parmenion group reports growth surge and doubling of platform flows - IFA Magazine

Parmenion today announces its full-year results for the year ending December 2024 reporting robust financial and operational performance. The annual report and financial statements from the group show strong growth and net flow performance. Assets increased by £2bn to £13.1bn by 31 December 2024 and revenue was up from £48.7m in 2023 to £50.2m in 2024. Operating profit also increased to £17.5m up from £15.5m in 2023, with the group’s EBITDA risi…