Parsonex Advisory Services, INC.
Assets Under Management
$174.8M
Number of Clients
609
Number of Advisors
12
Average Client AUM
$287K
AUM per Advisor
$14.6M
Compensation
Fee-Only (AUM)Fixed/Hourly
About This Firm
Parsonex Advisory Services provides financial planning, portfolio management, and investment advice to individuals, high net worth individuals, pooled investment vehicles, pension and profit-sharing plans, charitable organizations, and corporations. Services include investment strategy development, manager selection, and ongoing monitoring.
Fee Structure
AUM-Based Fees (Tiered)
| Assets Under Management | Annual Fee |
|---|---|
| Up to $1.0M | 1.00% |
| $1.0M - $3.0M | 0.80% |
| $3.0M - $5.0M | 0.60% |
| $5M+ | 0.40% |
Annual fees are negotiable at the discretion of the advisor.
Fee Estimator
Fees are customized to client needs and can be a percentage of assets under management (AUM), hourly, or fixed. AUM fees for managed brokerage accounts are tiered (see table). Fees vary by sub-advisor, typically between 0.4% and 1% per year, with possible additional transaction, custody, and platform fees. Hourly fees are a minimum of $100 per hour. Fixed fees are negotiable. Clients can cancel with 30 days' written notice, receiving a pro-rata refund for unrendered financial planning services.
Areas of Practice
Location
8310 S. Valley Highway, Suite 110, Englewood, CO, 80112