PARSONS CAPITAL MANAGEMENT INC
SEC RegisteredA Tradition in Money Management
About the firm
Parsons Capital Management is one of the largest independently owned investment management firms in the region. Their assets under management have increased from $60 million in 1994 to over $2 billion as of December 31, 2025. Their investment professionals work with individuals, trusts, foundations, institutions, and retirement accounts.
Firm Focus
Client segments reported on the firm's SEC Form ADV — applies to all advisors at the firm.
Areas of expertise
Services
Parsons Capital Management offers customized investment portfolio management, personal financial planning, trust services, retirement funding, education funding, cash flow analysis, and estate planning. The firm's investment process is grounded in fundamental, quantitative, and technical research, supplemented by electronic resources and sophisticated industry analysis.
Who they serve
Individuals, trusts, foundations, institutions, and retirement accounts
| Client segment | Clients | Assets managed |
|---|---|---|
| Individuals (Non-HNW) | 314 | $128M |
| High Net Worth Individuals | 381 | $2.1B |
| Investment Companies | 0 | — |
| Pooled Investment Vehicles | 0 | $0 |
| Pension/Profit Sharing Plans | 0 | $0 |
| Charitable Organizations | 11 | $16M |
| State/Municipal Entities | 26 | — |
| Insurance Companies | 0 | — |
| Sovereign Wealth Funds | 0 | — |
| Corporations | 0 | $0 |
34 total clients reported on Form ADV.
Leadership
Office locations
Advisors at this firm
14 advisors in the directory
Regulatory & compliance
| Asset tier | Annual rate |
|---|---|
| Up to $3 million | 1.00% |
| Over $3 million | 0.80% |
| Charitable accounts | 0.80% |
Data as of April 8, 2026 · Source: SEC IAPD & FINRA BrokerCheck
Contact Information
This profile was compiled and published by AdvisorFinder as editorial content using publicly available information from the SEC's IAPD database and FINRA BrokerCheck. PARSONS CAPITAL MANAGEMENT INC has not reviewed, approved, or endorsed this profile and is not responsible for its accuracy. Regulatory records change over time — always verify the current record directly on the SEC or FINRA websites before making any decision.
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