|
|
|
General Information
Most of our clients are individuals, but we also work with pension plans, businesses, charities and trusts & estates. We give advice on -but don't necessarily recommend - all types of securities, ranging from government bonds through mutual funds to commodities. We engage in fundamental security analysis. Our main sources of information are financial newspapers & magazines, research materials prepared by others, corporate rating services, annual reports and company press releases.
Our investment strategy is investing for the long term, occasionally for the short time. On occasion, we may buy or sell securities that we recommend to you. There is no conflict of interest as the securities we recommend are widely held and publicly traded and we are too small an advisor/investor to affect the market and we always place your interests ahead of our own interests. We review managed accounts daily and financial planning accounts annually. The calendar is the triggering factor. Accounts at other money managers are reviewed when we get their statements- usually quarterly. We don't prepare regular reports for you. You'll get statements from your broker/dealers, mutual funds and other money managers, as appropriate.
We do not earn sales commissions by selling securities. We do sell insurance products. Clients should be aware that a conflict of interests exists between the interests of Parker Financial LLC and the interests of the clients; and that the client is under no obligation to act upon the recommendations of Parker Financial LLC; and if the client elects to act upon any of the recommendations, the client is under no obligation to affect the transaction through Parker Financial LLC. We do not compensate anyone, either directly or indirectly for client referrals.
We do not have a minimum size for client accounts. When we manage your accounts on a discretionary basis, we limit our discretionary authority by prohibiting ourselves from withdrawing funds and/or securities from your accounts. In addition, discretionary transactions are limited to stocks & bonds, mutual funds and government securities.
|
|
