Parsec Financial, a fee-only wealth management firm, has been named to the Financial Times FT 300. The FT 300 represents the top registered investment advisors (RIAs) in the U.S.
Financial Times (FT) examined RIAs who were registered with the US Securities and Exchange Commission and reported to the SEC that they had $300m or more in assets under management (AUM). Qualifying companies were then asked to complete a lengthy application. FT utilized this information, along with their own research, and graded advisors on six factors: Adviser AUM, asset growth, the company’s age, industry certifications of key employees, SEC compliance record, and online accessibility.