Parmenion has welcomed Harry Garrett back into the fold after the investment manager’s brief stint at platform start-up Adalpha.
Garrett (pictured) had joined former Parmenion colleagues David Tanner and Jeanette Cook at the Bristol-based fintech in July 2019. He had been an investment manager at Parmenion for six years before his departure to become Adalpha’s head of investment.
But Parmenion revealed in a press release on Wednesday that Garrett would be resuming his role at the discretionary fund manager and platform business.
“The challenge of taking a big role at a start-up is always an enticing prospect, and I couldn’t say no when I was offered the role last spring,” said Garrett. “Prior to this, I had worked for Parmenion for six years and know how the business grew and evolved. And although this was a very tough decision, Parmenion is heading somewhere exciting and I definitely want to be part of that success again.”
In 2019, Parmenion added former Whitechurch Securities head of investment Tom Sayers to its ranks as well as wealth manager Abika Martin.
Parmenion managing director Peter Dalgliesh described Garrett’s return as a “ringing endorsement” of the business.
“I am delighted to welcome him back, as will many financial advisers, adding to my team’s broad capability and supporting our commitment to our clients, in what promises to be an exciting period for markets,” Dalgliesh said.
The Parmenion investment team manages £6bn for 1,500 financial advisers and 60,000 underlying UK investors.