Comments on: Beware the “Partner” http://www.investorwatchdog.com/beware-the-partner Timely financial educational resource information is your best defense against investment schemes & scams Wed, 01 Feb 2012 21:35:24 -0800 http://wordpress.org/?v=abc hourly 1 By: Glenn Wessel, CFA, CPA, CFP® http://www.investorwatchdog.com/beware-the-partner/comment-page-1#comment-798 Glenn Wessel, CFA, CPA, CFP® Fri, 29 May 2009 14:32:29 +0000 http://www.investorwatchdog.com/2009/05/beware-the-partner/#comment-798 Parsec Financial Management (Inc.) It's a registered investment advisory firm that has always been organized as a corporation. As per its most recent regulatory filing, it manages some $749 million, yet its website lists it's more senior advisors as partners. It even lists a couple of people as managing partners. I actually worked for Parsec briefly. As I received my business cards soon after starting, I was stunned to learn that I was starting out as a full-fledged partner - of a corporation. Parsec Financial Management (Inc.) It’s a registered investment advisory firm that has always been organized as a corporation. As per its most recent regulatory filing, it manages some $749 million, yet its website lists it’s more senior advisors as partners. It even lists a couple of people as managing partners.

I actually worked for Parsec briefly. As I received my business cards soon after starting, I was stunned to learn that I was starting out as a full-fledged partner – of a corporation.

]]> By: Jennifer S. http://www.investorwatchdog.com/beware-the-partner/comment-page-1#comment-797 Jennifer S. Thu, 28 May 2009 23:54:42 +0000 http://www.investorwatchdog.com/2009/05/beware-the-partner/#comment-797 Really!? That's concerning. What firm is that? Really!? That’s concerning. What firm is that?

]]>