Parsonex Advisory Services, Inc.

Parsonex Advisory Services is a U.S. Securities and Exchange Commission Registered Investment Advisor established in 2012, managing approximately $170 million. The firm offers financial planning, portfolio management, and investment advice to various clients, including individuals, high net worth individuals, pension plans, charitable organizations, and businesses. Clients should be comfortable forgoing day-to-day account management and prefer fee-based services over commissions. Fees are typically between 0.4% to 1% per year, with various fee structures available, including managed brokerage accounts and hourly or fixed fees for consultations and financial planning. The firm does not accept performance-based fees or side-by-side management accounts. Minimum account size is typically $100,000, and clients are required to forgo day-to-day management. Parsonex Advisory Services utilizes a variety of methods and sources for securities analysis and uses third-party registered investment advisors for investment strategies. The firm does not have any disciplinary history and maintains custody of client funds solely for fee deductions. Clients grant full discretion to the firm for investment decisions, and clients are responsible for voting proxies. Parsonex Advisory Services does not vote proxies on behalf of clients.