Parsons Capital Management, LLC
Assets Under Management
$803.8M
Number of Clients
671
Number of Advisors
N/A
Average Client AUM
$1.2M
AUM per Advisor
N/A
Compensation
Fee-Only (AUM)Fixed/Hourly
About This Firm
Parsons Capital Management, LLC (PCM) offers continuous investment advice based on individual client needs. They develop personalized investment policies and manage portfolios accordingly. PCM also provides financial planning services, offering comprehensive valuations of clients' financial states and consulting services on specific financial topics.
Fee Structure
AUM-Based Fees (Tiered)
| Assets Under Management | Annual Fee |
|---|---|
| Up to $1.0M | 1.00% |
| $1.0M - $2.0M | 0.75% |
| $2.0M - $10.0M | 0.50% |
| $10M+ | 0.25% |
Minimum account size of $500,000, may be negotiable. Fees may be negotiable on a client-by-client basis.
Fee Estimator
The annual fee for portfolio management is based on a percentage of assets under management, ranging from 0.25% to 1.00%, depending on the account size and complexity. The first $1 million is charged 1.00%, $1,000,000 to $2,000,000 is charged 0.75%, $2,000,000 to $9,999,999 is charged 0.5%, and $10,000,000 and over is charged 0.25%. A minimum account size of $500,000 is required, but this may be negotiable. Financial planning and consulting services are provided exclusively to existing advisory clients.
Areas of Practice
Location
1 South Sugan Road, New Hope, PA, 18938