Why Join Parsec Financial?
About Parsec Financial
Parsec is a SEC registered fee-only financial advisory firm with $2.5 billion in assets under management as of March 31, 2020. Our financial advisors ― backed by a robust team of financial planners, client service specialists and investment professionals ― provide financial planning, investment management, tax planning and trust services. We also provide business retirement services to support employer-sponsored retirement plans. Founded in Asheville in 1980 by Bart Boyer, Parsec now serves more than 1,700 individuals and businesses with 65 employees in six offices across North Carolina.
Five Primary Elements of Compensation
Base salary – We use industry peer studies to set our salary ranges for all positions.
Annual incentives – All full-time employees are assigned attainable goals each year. Assuming the firm meets revenue targets, bonus income is paid out on achieved goals.
Profit sharing plan – When Parsec succeeds, eligible employees succeed by participating in our profit-sharing plan.
Stock ownership – After two years of employment, eligible employees may purchase up to 20% of their annual base compensation in Parsec stock on a voluntary basis, which is then partially matched by the company.
Revenue credit – All eligible employees are rewarded for generating new business.
We work hard and play hard. During the day we are dedicated to our clients and the business, but we take pride in the notion that come 5pm we transition back to our other responsibilities as a parent, spouse, friend and more!
In addition to generous PTO and medical insurance, Parsec offers VTO (Volunteering Time Off). We also encourage further education by covering pre-approved costs associated with credentialing and continuing education.
As of December 31, 2019, the average tenure of our employees was seven years. Several of our employees (including our current CEO, President and COO) have been here for more than 15 years, which speaks volumes to our culture.
Parsec Job Openings
Current Opening: Financial Advisor/Senior Financial Advisor – Charlotte, NC
Parsec Financial is looking for a financial advisor or senior financial advisor in our Charlotte office. The advisor will be the primary manager of client relationships and will work on a team of other advisors.
Responsibilities of the position include managing existing client relationships by formulating and implementing advice, meeting with clients in person, communicating with clients in person or through phone/email, delivering financial plans, and developing new client relationships. The Advisor will also be expected to work with, train, and supervise other staff in client service delivery. The qualified candidate must have a CFP or similar designation and 3+ years of experience. If a candidate has an existing group of clients, additional compensation would be considered for client transitions.
To be considered for employment all applicants must send in a résumé and a cover letter that details why he/she is qualified. Before being hired, a candidate will be asked to submit to a criminal and credit background check.
Applicants should send a cover letter with salary requirements and résumé to Director of Resources, Parsec Financial, PO Box 2324, Asheville, NC 28802 or email to email@example.com. Résumés without cover letters will not be read. No calls please.