Careers
Why Join Parsec Financial?
We help our clients, employees, and communities thrive. We enable people to thrive by helping them attain and maintain meaningful financial security.
We are a family-and-employee-owned company. As of Sept. 30, 2021, 44 employees (80% of eligible employees; 63% of all employees) are shareholders, owning 46% of the firm. We truly care about the financial well-being of our clients and our company’s success!
We are a family-and-employee-owned company. As of Sept. 30, 2021, 44 employees (80% of eligible employees; 63% of all employees) are shareholders, owning 46% of the firm. We truly care about the financial well-being of our clients and our company’s success!
About Parsec Financial
Parsec is a SEC registered fee-only financial advisory firm with $3.95 billion in assets under management as of Sept. 30, 2021. 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 1,925 households and businesses with 73 employees in six offices across North Carolina.
- Compensation
- Balance
- Benefits
- Philanthropy
- Culture
Compensation
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. If 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 one year of employment, employees are eligible to purchase stock at a discount at the end of the following year. Moreover, some employees can exchange up to 50% of their annual bonus for shares. Advisors and management participate in a merit-based plan to receive awarded shares.
Revenue credit – All eligible employees are rewarded for generating new business.
Balance
Work-Life Balance
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!
Benefits
Benefits
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.
Philanthropy
Philanthropy
Giving back to the communities we work in is central to our mission. We donate 1% of our revenues each year to the Parsec Prize, our charitable grant program. This makes up half of our annual charitable giving. Moreover, employees donate their time to worthwhile organizations, including employee-organized volunteer events such as United Way’s “Days of Impact” campaign. And lastly, Parsec will match personal charitable donations up to 2% of eligible employees’ gross salary
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Culture
Happy Employees
As of October 1, 2021, our average employee tenure was 7 years. We provide a collaborative and positive work environment for our employees to thrive, and we have fun along the way!
Parsec Job Openings
We have several current openings below. Thank you for your interest!
We can only thrive as a company if we have the best employees on staff. We recognize that the financial services industry has an underrepresentation of people of color and women in its workforce, particularly in higher paid and leadership roles. We seek to improve the diversity of our staff as well as the inclusivity of our working environment. We welcome all qualified applicants to apply regardless of gender, race or religion. Think you’re a good fit for us, but don’t see an open position that suits you? Contact us at hr2@parsecfinancial.com and let us know why.
Financial Advisor (Asheville, NC)
Parsec’s mission is to help guide clients to financial security. The Financial Advisor is the firm’s main point of contact with a select group of clients. The position has responsibility for managing client relationships and formulating and implementing advice for existing clients. He/she may also support a Senior Financial Advisor in servicing clients as a secondary advisor on the relationship. As part of the routine job function, this position may receive co-marketing opportunities with the Senior Financial Advisor and Partners for clients with smaller AUM. He/she is expected to close the business and onboard these clients.
The Financial Advisor can expect to focus on the following:
- Client relationship management, including leading ongoing and regular client meetings and communications. Primary advisor for 50+ clients – about $25+ million in AUM.
- Provide objective, unbiased financial advice to a diverse mix of clients by analyzing investment opportunities and client needs.
- Client meeting preparation: review all required paperwork and reports prior to meetings.
- Delivery of financial plan updates, portfolio changes, reviewing investment returns, and new opportunity identification.
- Financial planning and wealth management analysis for clients (estate planning, tax strategies, insurance planning, and portfolio management).
- Participate in community outreach, networking and marketing activities to drive new business opportunities; onboard new clients.
- Leverage local centers of influence to extend referral network.
- Attend client and prospect events.
- Support Senior Financial Advisor and Team Leader Advisor with client needs.
- Financial advisor with a lighter client-facing (as primary advisor) load may be required to create and update financial plans for other clients for which they are not the primary advisor.
- Interface with CPAs and attorneys on clients’ behalf.
- Coordinate with financial planner on plan update process. Ensure meetings are scheduled, data is gathered and plans are updated.
The Financial Advisor position typically requires the following qualifications:
- College graduate (4-year degree or equivalent). Prefer Accounting, Finance, Law, or Economics degree.
- Licenses and credentials: CFP, CPA, or CFA (required); Series 65 (required, unless exempt).
- Minimum 3 years of experience in investment management and/or financial advisory services with demonstrated financial planning knowledge and ability to work well with clients.
- Proficiency in Microsoft Office; experience with various financial planning, CRM, and portfolio management software.
- Excellent written and verbal communication skills.
- Demonstrated ability to give high quality of service to clients – including timely responses and availability to clients.
- Collaborative and able to work effectively with others.
Job-Specific Core Competencies
- Possesses a passion to engage with new and existing clients.
- Enjoys business outreach efforts.
- Demonstrates professionalism in client interactions.
- Demonstrates confidence in client interactions.
- Speaks and writes in a clear, professional, and discernable manner.
- Regularly exhibits high service standards that ensure client satisfaction and advocacy.
- Continuously exhibits personal integrity and professional initiative.
- Must be organized, detail-oriented and able to multitask.
- Recognizes what tasks are most critical and gives those tasks more time, attention, and energy.
- Is honest, open, and transparent.
- Demonstrates a commitment to accuracy by delivering high quality, error-free work.
- Maintains knowledge in given area of expertise.
- Demonstrates ability to work successfully in an entrepreneurial, small company environment.
- Highly adaptable to change and open to new ideas.
- Provides the information people need to know to do their jobs and to feel good about being a part of the team and organization.
Please email a resume and cover letter to Parsec’s Director of HR
at hr@parsecfinancial.com. Resumes without cover letters will not be reviewed. Please do not call about this opportunity. Thank you for your interest!
Financial Planning Strategist (Charlotte, NC)
Parsec’s mission is to help guide clients to financial security. The Financial Planning Strategist is a senior member of the Financial Planning department who works directly with advisors to assist with the wealth management and financial planning needs of clients. This position is responsible for researching financial planning topics and presenting findings to advisors and clients, in addition to data collection, analysis, formulating recommendations, and monitoring and updating financial plans. May assist with plan presentation and delivering recommendations at the advisors request.
The Financial Planning Strategist can expect to focus on the following:
- Provide support to Advisors in all areas of financial planning. Serves are department subject matter expert in designated niche(s).
- Ensures that the financial planning process is followed and documented in accordance with CFP Board’s Practice Standards.
- Work directly with the advisor to manage the financial planning process, and planning lifecycle, across client base
- Ensures thoroughness and accuracy of all financial plans.
- Interact with clients and prospects to gather data, draft financial plans and/or updates, conduct initial analysis and formulate recommendations using the firm’s planning software or other tools.
- Attend majority of client meetings, take notes, present recommendations at the advisors request, and manage/coordinate meeting follow up with advisor
- May be asked to kick off scheduling and data collection process for update meetings
- Prepare materials for client meetings; work with other team members have accurate, thorough materials for client meetings
- Initiate and field client calls on various planning items, miscellaneous requests and financial advice on various topics.
- Perform special request analyses for clients (e.g. mortgage analysis, Social Security analysis) and conducts niche specific analysis for department.
- Liaise with clients’ attorneys and accountants as needed to gather data and formulate recommendations.
- Assist with special projects as required
The Financial Planning Strategist position typically requires the following qualifications:
- College graduate (4-year degree or equivalent). Prefer Accounting, Finance, Law, or Economics degree.
- Licenses and credentials: CFP required. We would also consider a CFP candidate who has passed the exam but doesn’t yet have the work experience to use the credential.
- Minimum 2 years of experience in investment management and/or financial advisory services with demonstrated knowledge of financial planning topics and ability to work well with clients.
- Proficiency in Microsoft Office; experience with various financial planning, CRM, and portfolio management software.
- Demonstrated ability to give high quality of service to advisors and clients – including timely responses and availability to clients.
- Collaborative and able to work effectively with others.
- Demonstrates a commitment to accuracy by delivering high quality, error free work.
- Excellent written and verbal communication.
Job-Specific Core Competencies
- Possesses a passion to engage with new and existing clients.
- Demonstrates professionalism in client interactions.
- Speaks and writes in a clear, professional, and discernable manner.
- Regularly exhibits high service standards that ensure client satisfaction and advocacy.
- Continuously exhibits personal integrity and professional initiative.
- Must be organized, detail-oriented and able to multitask.
- Must be able to prioritize workflow, and balance needs of multiple team members at once.
- Recognizes what tasks are most critical and gives those tasks more time, attention, and energy.
- Is honest, open, and transparent.
- Demonstrates a commitment to accuracy by delivering high quality, error-free work.
- Maintains knowledge in given area of expertise.
- Demonstrates ability to work successfully in an entrepreneurial, small company environment.
- Highly adaptable to change and open to new ideas.
- Provides the information people need to know to do their jobs and to feel good about being a part of the team and organization.
Please email a resume and cover letter to Parsec’s Director of HR
at hr@parsecfinancial.com. Resumes without cover letters will not be reviewed. Please do not call about this opportunity. Thank you for your interest!
Billing Specialist (remote work)
Parsec’s mission is to help guide clients to financial security. The Data Services Team manages the day-to-day flow of data in the firm. This includes transaction data, account maintenance, and billing information. The Billing Specialist (BS) is primarily responsible for client billing for the firm, which includes generating invoices, debiting fees, and other billing-related matters. The BS also assists with special projects.
The Billing Specialist can expect to focus on the following:
- Execute client billing and all Accounts Receivable (A/R) tasks, including generating invoices, debiting client fees, providing data to internal accountant on request, and other billing-related matters.
- Assist with special projects as requested.
- Assist Billing Analyst with any special projects specifically related to billing tasks.
The Billing Specialist position typically requires the following qualifications:
- Bachelor’s degree preferably in business, accounting, finance, economics or related experience.
- 1+ years of experience in client service and/or operations in the financial services industry (preferably with an independent registered investment advisory firm).
- Proficiency in Microsoft Word and PowerPoint; experience with CRM and portfolio accounting/reporting software programs preferred but not required.
- Strong Excel skills are a requirement, as the role requires heavy use of the program.
Job-Specific Core Competencies
- Is viewed as a knowledgeable resource in areas of expertise.
- Is seen as a collaborative team player
- Quickly identifies and understands issues, problems, and opportunities.
- Must be organized, detail-oriented, and able to reprioritize tasks.
- Excellent written and verbal communication skills
- Recognizes what tasks are most critical and gives those tasks more time, attention, and energy.
- Is honest, open, and transparent.
- Demonstrates a commitment to accuracy by delivering high quality, error-free work.
- Maintains knowledge in given area of expertise.
- Demonstrates ability to work successfully in an entrepreneurial, small company environment.
- Highly adaptable to change and open to new ideas.
- Provides the information people need to know to do their jobs and to feel good about being a part of the team and organization.
Please email a resume and cover letter to Parsec’s Director of HR
at hr@parsecfinancial.com. Resumes without cover letters will not be reviewed. Please do not call about this opportunity. Thank you for your interest!
Client Service Assistant (Tryon, NC)
Parsec’s mission is to help guide clients to financial security. The Client Service Assistant is responsible for assisting the Client Service Specialists in the day-to-day servicing of clients and account maintenance.
The Client Service Assistant can expect to focus in the following:
- Assist Client Service Specialists in preparing and processing all paperwork for client transactions, including but not limited to opening new accounts, closing accounts, transferring assets, deposits, withdrawals, account title changes, address changes, etc.; communicate status of transactions to clients and the responsible Financial Advisor (e.g., when assets have transferred, when deposits are received, etc.).
- Set up and generate client reports; generate client reports for taxes and client meetings; generate other periodic reports as requested/needed.
- Maintain accurate notes and records in the CRM.
- Assist with special/administrative projects as needed.
- Cover tasks and responsibilities for other CSS/CSA and Receptionist when they are out of the office.
The Client Service Assistant position typically requires the following qualifications:
- Bachelor’s degree preferred.
- Proficiency in Microsoft Office, Excel and Office suite products.
- Experience with CRM and portfolio management software preferred.
Job-Specific Core Competencies
- Must be organized, detail-oriented and able to multitask.
- Ability to work independently as well as be collaborative and able to work effectively with others.
- Recognizes what tasks are most critical and gives those tasks more time, attention, and energy.
- Is honest, open, and transparent.
- Demonstrates a commitment to accuracy by delivering high quality, error-free work.
- Maintains knowledge in given area of expertise.
- Demonstrates ability to work successfully in an entrepreneurial, small company environment.
- Highly adaptable to change and open to new ideas.
- Clearly delivers the information associates need to understand to perform their jobs and to feel welcome as a part of the team and organization.
Please email a resume and cover letter to Parsec’s Director of HR
at hr@parsecfinancial.com. Resumes without cover letters will not be reviewed. Please do not call about this opportunity. Thank you for your interest!
Paraplanner (Asheville, NC)
Parsec’s mission is to help guide clients to financial security. The Paraplanner works directly with advisors to assist with the wealth management and financial planning needs of clients. This position is responsible for providing support to advisors including data collection, communicating directly with clients, analysis, formulating recommendations, monitoring and updating, and may assist with plan presentation.
The Paraplanner can expect to focus in the following:
- Provide support to Advisors in financial planning process.
- Ensures that the financial planning process is followed and documented in accordance with CFP Board’s Practice Standards
- Work directly with the advisor to manage the financial planning process, and planning lifecycle, across client base
- Ensures thoroughness and accuracy of all financial plans.
- Interact with clients and prospects to gather data, prepare draft financial plans and/or updates, and conduct initial analysis and formulates recommendations in firm’s planning software or other tools.
- Attend client meetings and take notes as requested; manage/complete meeting follow-up items as requested.
- May be asked to kick off scheduling and data collection process for update meetings
- Prepare materials for client meetings; work with advisor and other team members to ensure client meetings are prepared for thoroughly, accurately and in a timely manner.
- Initiate and field client calls on various planning items and miscellaneous requests.
- Perform special request analyses for clients (e.g., mortgage analysis, social security analysis, etc.).
- Liaise with clients’ attorneys and accountants as needed as part of the data gathering process.
- Assist with special projects as required.
- Initiate and field client questions regarding client side of planning software.
The Paraplanner position typically requires the following qualifications:
- College graduate (4-year degree or equivalent). Prefer Accounting, Finance, Law, or Economics degree.
- Licenses and credentials: FPQP (required, unless CFP).
- Minimum 1 year of experience in investment management and/or financial advisory services with demonstrated financial planning knowledge and ability to work well with clients.
- Proficiency in Microsoft Office; experience with various financial planning, CRM, and portfolio management software.
- Demonstrated ability to give high quality of service to advisors and clients – including timely responses and availability to clients.
- Collaborative and able to work effectively with others.
- Demonstrates a commitment to accuracy by delivering high quality, error free work.
- Excellent written and verbal communication.
Job-Specific Core Competencies
- Possesses a passion to engage with new and existing clients.
- Regularly exhibits high service standards that ensure client satisfaction and advocacy.
- Continuously exhibits personal integrity and professional initiative.
- Must be organized, detail-oriented and able to multitask.
- Must be able to prioritize workflow, and balance needs of multiple team members at once.
- Recognizes what tasks are most critical and gives those tasks more time, attention, and energy.
- Is honest, open, and transparent.
- Demonstrates a commitment to accuracy by delivering high quality, error-free work.
- Maintains knowledge in given area of expertise.
- Demonstrates ability to work successfully in an entrepreneurial, small company environment.
- Highly adaptable to change and open to new ideas.
- Provides the information people need to know to do their jobs and to feel good about being a part of the team and organization.
Please email a resume and cover letter to Parsec’s Director of HR
at hr@parsecfinancial.com. Resumes without cover letters will not be reviewed. Please do not call about this opportunity. Thank you for your interest!
