Socially Responsible Investing

For individual stocks, the Parsec research team utilizes the existing securities covered by its due diligence process and uses an additional filter from an external provider, Sustainalytics, which prepares and monitors reports on a multitude of issues on more than 7,000 companies worldwide and scores these companies on a variety of metrics. Ratings are prepared in each category (Environmental, Social, Governance), with offsetting deductions for any controversies in each category. An overall ESG score is also calculated. The Parsec team then uses these ratings to focus on stocks in the top 50% relative to their sector peers.

Mutual funds and ETFs are selected using Parsec’s standard screening process among funds with a social or sustainable mandate, or an above-average sustainability rating as defined by Morningstar.

Parsec’s SRI portfolio includes proxy voting from Egan-Jones, a respected independent provider of global governance services. They analyze proxy issues and vote proxies using their “Socially Responsible Investing” guidelines at no additional cost to the client. If a client has a question on how his or her shares have been voted or will be voted on a specific issue, Parsec advisors can provide this information. The complete set of voting guidelines is available upon request.

Existing clients should contact their Parsec advisor to further discuss this new portfolio.

For new clients, we have three financial advisors on staff who specialize in socially responsible investing and understand your socially conscious priorities in order to provide you with this customized SRI portfolio. You have good reason to trust your partnership with Parsec Financial. With $2.5 billion in assets under management as of March 31, 2020, we have the history and experience to help you succeed.

Read Our Article on WLOS 13:
Watch Our CEO Discuss SRI:
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Asheville

Ashley Gragtmans is a financial advisor at Parsec Financial, based in Asheville. She is a Certified Financial PlannerTM practitioner and a Behavioral Financial AdvisorTM. Ashley was awarded the Claritas® Investment Certificate in 2014 by the CFA Institute. She is also a mentor through the CFP Board Mentor Program. Ashley is a member of the Financial Planner Association, serves on the Pisgah Legal Young Professionals board and is active with the Women United committee of United Way. She holds a Bachelor of Arts in both accounting and economics and a minor in management from University of North Carolina at Asheville.

In her free time she enjoys being outside, hiking, mountain biking, gardening and spending time with her husband and two young daughters.

Schedule Time with Ashley

Request a free, no-obligation call to learn more about Ashley and how she can help.

Winston-Salem

Judson (Judd) Meinhart is a financial advisor at Parsec Financial, based in Winston-Salem. He is a Certified Financial PlannerTM practitioner and a Behavioral Financial AdvisorTM. He holds a Master of Business Administration degree from Kutztown University in Pennsylvania and a Bachelor Degree from the University of Delaware. He is a 2019-2020 participant in Leadership Winston-Salem.

Judd relocated his family from the NE to join Parsec in 2018. He began his career in wealth management with a top 100 accounting firm serving clients throughout Central Pennsylvania. Prior to financial services, Judd had a 10-year career in the non-profit sector, holding leadership positions with youth services and animal welfare organizations.

He enjoys spending time with his wife and two young sons. In his spare time he enjoys running, golfing and doing anything outdoors.

Schedule Time with Judd

Request a free, no-obligation call to learn more about Judd and how he can help.