JM Finn is unveiling a settlement service for third party wealth managers after investing in its technology platform, Citywire reports. The U.K.’s largest privately owned investment manager, which has previously conducted settlement service for its clients internally, has now started offering dealing, settlement and custody services to third parties. The national wealth manager has already secured a few clients, but it will not market the service actively until the third quarter of 2011. JM Finn, which is 100% owned by staff and a small number of former employees, paid a dividend of £1.5 million to shareholders at the end of 30 April 2010, up from £292,706 in 2009.

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