Todd Parsons
Todd Parsons is a registered investment advisor at Summit Financial, LLC, based in Montgomery, AL, with 37 years of industry experience. Todd operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Education Planning, Estate Planning, Financial Planning & Coaching, High Net Worth, and 3 more. Their firm serves 9,865 clients with $15B in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Summit Financial offers various investment management programs. Financial advisors set their own advisory fees, but the maximum advisory fee for all programs is 1.50%. Clients in certain programs may also pay a program fee. Clients invested in the Tax-Deferred Strategies Portfolios are charged a monthly platform fee of $20/month by Nationwide, plus a "Low Cost Fund Platform Fee" up to 0.35% annually. Fees are negotiable.
Location
4121 Carmichael Road, Suite 305, Montgomery, AL, 36106
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Regulatory History
No disclosures, customer disputes, or regulatory actions on file.
Disclosures include customer complaints, regulatory actions, and other events that advisors must report to the SEC. A clean record means none have been reported.
Learn about disclosures →Other Business ActivitiesSells Insurance
Todd is a partner in Parsons Broach, LLC, but dedicates no time to it. He also offers insurance as a broker or agent through numerous insurance companies, including SRM, earning cash and non-cash compensation.
Employment History
Current Registrations
Summit Financial, LLC
Previous Registrations
Summit Financial, LLC
Raymond James Financial Services Advisors, INC
Raymond James Financial Services, INC.Broker
Synovus Securities, INC.
Synovus Securities, INC.Broker
Morgan Keegan & Company, INC.Broker
State Registrations1 state
You can work with an advisor not registered in your state. Most advisors can legally serve a small number of clients across state lines without registering.