A dedicated team, solely invested in your success.
At Parsec Financial, Wealth Management is the service of managing your family’s wealth. Whether you are in growth mode of accumulating wealth or sustaining the wealth you have earned, Parsec Financial is your family’s CFO and we report to you.
Our objective is to understand you and discover what is important and why. Only then can we provide true value. As a Wealth Management client, an evaluation of your current financial situation, your short and long term goals and your tolerance for risk are all taken into account to develop your customized financial plan. Since the only constant in life is change, we review and update your plan annually to monitor your progress and stay on the path toward achieving your goals.
At Parsec Financial, you can expect the following:
Investment Policy Statement, and regular portfolio reviews
Diverse investments depending on specific needs
Tax strategies and planning
Annual financial plan update with a credentialed advisor
Traditional finance is based on the premise that investors are able to consider all relevant information to make rational financial decisions. The underlying assumption is that all investors are risk averse and that everyone prefers higher returns to lower returns for the same level of risk. In practice, these assumptions are unrealistic because investors areContinue reading
In today’s ultra-connected world it’s even more tempting to compare ourselves to our family, friends, and neighbors. Are we falling behind in our career? Is our family life sub-par? Should we be making more money? Although we all know that people post their best images and experiences on social media, it’s easy to forget thatContinue reading
Protect your account information. If you must e-mail your advisor or others your account number, social security number, or date of birth, be sure to use encrypted e-mail. Heed the No-Nos: Do not repeat the same password for multiple sites. Do not use really easy passwords. Do not use your dog’s name followed by theContinue reading
Using our 40 years of excellence to help you define your path forward.