Coronavirus

Let us help guide you through this unprecedented time

This isn’t the first time that volatility has roiled the stock market and sadly it won’t be the last. The coronavirus and its impact on our way of life is certainly creating fear, uncertainty and disruption. This is not only because of the economic and financial turmoil, but also the health and safety of loved ones affected and those on the front line of the pandemic.

 

No one can reliably predict the arrival, depth, or duration of bear markets, but that is not an excuse for us all to bury our heads in the sand. Patience can be the most prudent and most profitable response during a downturn, but patience doesn’t have to be passive. In fact, many investment and financial planning techniques are actually more meaningful during a bear market. That is why our financial advisors, portfolio managers, financial planners, investment analysts and support staff are all working diligently, actively, and opportunistically to protect and improve our clients’ long-term financial security.

Rest assured that Parsec remains diligent in exploring every opportunity that emerges amid the market turmoil. We will work hard in the days and weeks ahead to make sure our client portfolios remain well diversified so that we can navigate the near-term turbulence and remain in position for the recovery when it comes.

  • Existing clients: Please contact your financial advisor with any questions you have in the days/weeks/months ahead.
  • New clients: If you need an advisor to discuss your personal situation and how we can help through this difficult time, please fill out this form and we will be in touch asap.

Parsec employees are dedicated to helping our communities through this difficult time.

 To that effect, we have donated $15,000 to helping the following non-profits that are actively and efficiently responding to the dire needs of those around us:

Using Our 40 Years of Excellence to Help Define Your Path Forward

Get in touch with a Parsec Financial representative at an office near you.

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