Parsons Financial Management, LLC
1630 Shuckers Point
Vero Beach, FL 32963-3181
Fee Structure for Assets Under Management:
At Parsons Financial, we advise clients on investment selection, asset allocation and portfolio monitoring of investments on a Fee (flat fee) Basis, based on assets under management.
Up to $3,000,000.00 under management clients are charged 1.25% annually billed in advance each quarter (every 90 calendar days). In addition, clients pay a nominal ticket ($12-15.00 per Stock/ETF/Mutual Fund trade), mailing expenses and any annual custodial/trustee services.
Above $3,000,000.00 under management fees are discounted. All household accounts are combined with respect to fee pricing to provide the best possible discount.
“We only grow when our clients’ accounts grow.”