Cole Parks is a registered investment advisor at Southwestern Advisory Group LLC, based in Stephenville, TX, with 17 years of industry experience. Cole operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Investment Management, Retirement Planning. Their firm serves 78 clients with $39M in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Southwestern Advisory Group offers portfolio management services. The maximum annual fee for portfolio management is 0.50% of the value of the account, billed quarterly in advance. For clients using a sub-advisor, the maximum annual fee is 0.25% to Southwestern Advisory Group, and 1.00% to the sub-advisor, for a total of 1.25%. Custodial account services are offered for an annual fee of 0.25%, billed quarterly in advance. Clients with separately managed accounts may incur additional fees ranging from 0.25% to 1.25%. Fees are negotiable.
Location
105 East Road, Stephenville, TX, 76401
Get directionsHistory
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 Activities
Cole is a managing member of Southwestern Enterprises, a holding company, dedicating nearly full-time hours to reviewing books and records. He also holds various board and member positions in community organizations, including Stephenville Economic Development, Texas Association of School Boards, Ancient Free & Accepted Masons, and Stephenville Independent School District, and Parks Southwestern Management Services, LLC.
Employment History
Current Registrations
Southwestern Advisory Group LLC
Previous Registrations
Purshe Kaplan Sterling InvestmentsBroker
Ameriprise Financial Services, INC.
Ameriprise Financial Services, INC.Broker
State Registrations2 states
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.