PARSEC FINANCIAL
PARSEC FINANCIAL MANAGEMENT INC Legal Name
Adviser information for PARSEC FINANCIAL last updated from Form ADV on April 25th, 2023. Select data displayed; additional Form ADV, Form D, Form 13F and other data is available from the Fincoded API.
Advisory Business
| Type of Organization | Corporation |
|---|---|
| Fiscal Year End | DECEMBER |
| Legal Location | North Carolina, United States |
Employees
| Total Number of Employees | 76 |
|---|---|
| Investment Advisory/Research | 30 |
| Registered Broker-Dealer Representatives | 0 |
| Registered State Investment Advisers | 33 |
| Licensed Agents of an Insurance Company | 0 |
| No. of Firms/People that Solicit Clients | 3 |
RAUM
| Provides Management of Securities Portfolios | Yes |
|---|
| Type | Accounts | RAUM |
|---|---|---|
| Discretionary | 6,381 | $3.6B |
| Non-Discretionary | 199 | $194.1M |
| Total | 6,580 | $3.7B |
Clients
| Type | Number | RAUM |
|---|---|---|
| Individuals | 995 | $478.3M |
| HNW Individuals | 1,004 | $3.0B |
| Banking or thrift institutions | 0 | $0 |
| Investment companies | 0 | $0 |
| Business development companies | 0 | $0 |
| Pooled investment vehicles | 0 | $0 |
| Pension and profit sharing plans | 45 | $177.8M |
| Charitable organizations | 13 | $49.9M |
| State or municipal gov entities | 0 | $0 |
| Other investment advisers | 0 | $0 |
| Insurance companies | 0 | $0 |
| Sovereign wealth funds and foreign official institutions | 0 | $0 |
| Corporations or other businesses | 12 | $16.7M |
| Other | 0 | $0 |
| Type | Number |
|---|---|
| No. of Non-RAUM Clients | 9 |
| No. of Non-U.S. Clients | 1 |
| No. of Financial Planning Clients | 1518 |
Services
| Advisory Services | Financial planningPortfolio management for individuals and/or small businessesPortfolio management for businesses or institutional clientsPension consulting servicesSelection of other advisers (including private fund managers) |
|---|---|
| Compensation | % of AUMFixed fees |
| Other Business Activities | Accountant or accounting firm |
Identifiers
| SEC RIA File Number | 801-16359 |
|---|---|
| SEC ERA File Number | 801-16359 |
| SEC CIK Numbers | None |
| SEC CRD Numbers | 104919 |
| Legal Entity Identifier | None |
Principal Office
6 WALL STASHEVILLE
NC
United States
Monday - Friday, 8:30 AM - 5:00 PM
Tel: (828) 255-0271, Fax: (828) 255-8951
Chief Compliance Officer
HARLI PALME
PRESIDENT AND CHIEF OPERATING OFFICER
6 WALL ST
ASHEVILLE
NC
United States
Tel:
(828) 255-0271
Fax:
(828) 255-8951
H*****@******************M
(Full email address available in API data)
Industry Affiliates
| ANDREW SMALL | Accountant or accounting firm |
| BETH DOWNER | Accountant or accounting firm |
| BRADFORD D. BURLINGHAM | Accountant or accounting firm |
Private Funds
| Name | Type | Assets $USD | Min Investment $USD | No. Owners |
|---|
None
Control Persons
| Name | Type | Entity | Title | Since | Ownership |
|---|---|---|---|---|---|
| BOYER, WILLIAM, BARTON | Individual | – | CHAIRMAN | 08/2004 | 10-25% |
| MANSKE, RICHARD, DALE | Individual | – | CHIEF EXECUTIVE OFFICER | 10/2015 | 5-10% |
| JAMES, GREGORY, DAVID | Individual | – | VICE PRESIDENT (CHARLOTTE OFFICE) AND PARTNER | 08/2004 | < 5% |
| HANSEN, WILLIAM, STEVEN | Individual | – | TREASURER, CHIEF INVESTMENT OFFICER AND CHIEF FINANCIAL OFFICER | 05/2022 | 5-10% |
| ZIEMER, MICHAEL, JOHN | Individual | – | PARTNER | 04/2006 | < 5% |
| PALME, HARLI, LYNN | Individual | – | PRESIDENT, CHIEF OPERATING OFFICER AND CHIEF COMPLIANCE OFFICER | 05/2022 | < 5% |
| JAMES, ROGER, ALLEN | Individual | – | PARTNER | 01/2013 | < 5% |
| BOYER, TRAVIS, LEE | Individual | – | CORPORATE SECRETARY | 01/2014 | 5-10% |
| BOYER, ELAINE, HALL | Individual | – | SPOUSE OF OWNER (WILLIAM BARTON BOYER) | 08/2004 | 10-25% |
| MANSKE, REBECCA, MARIE | Individual | – | SPOUSE OF RICHARD MANSKE | 08/2004 | 5-10% |
| MANSKE, STELLA, MARIE | Individual | – | CHILD OF RICHARD MANSKE | 08/2004 | 5-10% |
| MANSKE, OLIVER, DALE | Individual | – | CHILD OF RICHARD MANSKE | 03/2006 | 5-10% |
| HANSEN, DANELLE, ANN | Individual | – | SPOUSE OF WILLIAM S. HANSEN | 08/2004 | 5-10% |
| HANSEN, IAN, DANIEL | Individual | – | CHILD OF WILLIAM S. HANSEN | 09/2004 | 5-10% |
| BOYER, JENNIFER, VOGEL | Individual | – | SPOUSE OF TRAVIS L. BOYER | 09/2016 | 5-10% |
| CLARK, TRACY, BOYER | Individual | – | HEAD OF MARKETING | 01/2001 | 5-10% |
| CLARK, CHRISTOPHER, JAMES | Individual | – | SPOUSE OF TRACY BOYER CLARK | 06/2011 | 5-10% |
| BOYER, ERIC, BARTON | Individual | – | SON OF OWNER (WILLIAM BOYER) | 01/2001 | 5-10% |
| BOYER, ALYSSA, MARIE | Individual | – | DAUGHTER OF BART BOYER | 01/2001 | 5-10% |