PARSONS CAPITAL MANAGEMENT, LLC
Adviser information for PARSONS CAPITAL MANAGEMENT, LLC last updated from Form ADV on March 14th, 2024. Select data displayed; additional Form ADV, Form D, Form 13F and other data is available from the Fincoded API.
Advisory Business
| Type of Organization | Limited Liability Company |
|---|---|
| Fiscal Year End | DECEMBER |
| Legal Location | Pennsylvania, United States |
Employees
| Total Number of Employees | 6 |
|---|---|
| Investment Advisory/Research | 2 |
| Registered Broker-Dealer Representatives | 0 |
| Registered State Investment Advisers | 2 |
| Licensed Agents of an Insurance Company | 1 |
| No. of Firms/People that Solicit Clients | 0 |
RAUM
| Provides Management of Securities Portfolios | Yes |
|---|
| Type | Accounts | RAUM |
|---|---|---|
| Discretionary | 1,737 | $660.9M |
| Non-Discretionary | 0 | $0 |
| Total | 1,737 | $660.9M |
Clients
| Type | Number | RAUM |
|---|---|---|
| Individuals | 397 | $145.6M |
| HNW Individuals | 246 | $506.6M |
| 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 | 0 | $0 |
| Charitable organizations | <5 | $3.6M |
| 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 | <5 | $5.1M |
| Other | 0 | $0 |
| Type | Number |
|---|---|
| No. of Non-RAUM Clients | 0 |
| No. of Non-U.S. Clients | 0 |
| No. of Financial Planning Clients | 0 |
Services
| Advisory Services | Financial planningPortfolio management for individuals and/or small businessesCONSULTING |
|---|---|
| Compensation | % of AUMHourly charges |
Identifiers
| SEC RIA File Number | 801-61362 |
|---|---|
| SEC ERA File Number | 801-61362 |
| SEC CIK Numbers | None |
| SEC CRD Numbers | 114494 |
| Legal Entity Identifier | None |
Principal Office
1 SOUTH SUGAN ROADNEW HOPE
PA
United States
Monday - Friday, 9:00AM-5:00PM
Tel: 908-730-0011, Fax: None
Websites
Chief Compliance Officer
RUSSELL J. PARSONS
PRESIDENT
1 SOUTH SUGAN ROAD
NEW HOPE
PA
United States
Tel:
908-730-0011
R***@***************************M
(Full email address available in API data)
Industry Affiliates
| None |
Private Funds
| Name | Type | Assets $USD | Min Investment $USD | No. Owners |
|---|
None
Control Persons
| Name | Type | Entity | Title | Since | Ownership |
|---|---|---|---|---|---|
| PARSONS, RUSSELL, JOHN | Individual | – | PRESIDENT, CHIEF COMPLIANCE OFFICER | 06/2001 | > 75% |