Investments solutions business Parmenion has appointed Tom Sayers as its new head of investment solutions.

In the new role, Sayers will oversee more than £6bn in assets across the firm’s range of model portfolio services.

He will report to Parmenion managing director of the investment team Peter Dalgliesh.

Sayers stated: “Our goal is to make the complexities of investing simpler for people to understand, whether they take a tactical or ethical approach, have a bias for income or growth, and whether they favour passive or active funds.

“Parmenion can achieve this because we manage the most complete range of portfolios in the market.”

Sayers has experience in private client stockbroking.

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He most recently served as the head of investment at discretionary management service.

Commenting on the appointment, Dalgliesh said: “Tom is a long term supporter of financial advisers and will bring valuable, fundamental experience into our growing team.

“Our challenge is to maintain very high standards and to build awareness of the added value delivered by active portfolio management, especially through a more uncertain phase for markets.”

The latest hire comes shortly after Parmenion’s appointment of Mark Steers as its chief distribution officer, a newly created position.

Steers previously worked at NFU Mutual.