Paradigm is launching an investment management business offering funds, model portfolios and discretionary portfolio management services to independent and restricted advisers.
The new proposition will launch later this year, subject to FSA approval. The name of the firm is yet to be decided.
It will run alongside its existing asset management business Prism Capital Management.
The firm says it will reveal further details of its post-RDR strategy in its October forums.
Paradigm Partners director Anthony Morrow (pictured) says: “The new investment business we are launching has the potential to become a significant player in the provision of investment services to UK private investors. Over the coming months we will be investing heavily in the business, combining market-leading systems and technology.”