Assets under management at Parmenion have shot through the £1bn barrier in the past financial year.

The company has announced its results, which include operating profit increasing by 93% to £1.646m, while overall profit was up by 104% to £1.161m from £568k for the ending March 31 2014.
The assets under management increased to over £1bn, which was a rise of 68% and turnover went up by 57% from £3.3m to £5.27m.
Richard Mein, chief executive and founder, said: "It's been yet another year of exceptional growth for us.
"Our clear vision of the role technology can play and how advisers can continue to grow and thrive have again driven our success.
"Two thirds of all advisers now use some form of centralised investment proposition, and clearly we've benefited from this trend.

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"The opportunities for us remain considerable as more and more advisers seek to build greater efficiency into their CIPs.
"There's great feedback on the new Sipp which we launched in June.
"Firstly on the pricing, as it carries no additional charge but more importantly, on the speed and ease of advising clients through our systems into the right investments for their particular circumstances.
"Our in-house development team were able to integrate the entire Sipp functionality into our existing proprietary systems within 6 months."
The company recruited during the year to strengthen its investment, technology and sales teams.
In the first quarter of the new financial year Parmenion launched what it called "the UK's first integrated, online simplified advice technology" - which is currently being piloted with selected advisory firms.
Richard said: "The regulator is supportive of innovation and the current revolution in pensions only expands the online opportunity.
"Being an innovator through technology to support advisers, puts Parmenion in an exciting place right now".