BP
BP

Brick Parsons

16 Years of Experience
Broker

Brick Parsons is a registered investment advisor at Advisor Resource Council, based in Palestine, TX, with 16 years of industry experience. Brick operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Estate Planning, Financial Planning & Coaching, High Net Worth, Investment Management, and 2 more. Their firm serves 11,572 clients with $3B in assets under management.

Compensation
Fee-Only (% of Portfolio)Fixed/Hourly
Firm Size
83 advisors
Number of Clients
11,572 clients
Average Client Portfolio
$261K average
Assets Under Management
$3.0B

Fee Structure

Minimum Investment:$5K

Advisor Resource Council offers investment management services with fees based on a percentage of your portfolio. There are two fee schedules:

Wrap Fee Program:

  • A flat 2.50% annual fee is charged on all assets under management.

Traditional Asset Management:

  • A flat 2.25% annual fee is charged on all assets under management.

Fees are billed quarterly in advance. The firm also offers actively managed investment strategies, including AIQ Asset Allocation Models, AIQ SMA and UMA Strategies, and ARC Innovative Solutions, which are only available in the Wrap Fee Program.

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Location

1007 North Mallard St, Palestine, TX, 75801

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History

Regulatory History
Clean regulatory record

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.

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Other Business Activities

Brick operates Parsons Wealth Management, LLC as a DBA for his LPL business. He also provides investment advisory services through Advisor Resource Council, spending nearly full-time on this activity, and purchases, repairs, and resells small electronic equipment for profit, dedicating about 10-20% of his time.

Employment History
Current Registrations
Advisor Resource Council
April 2017 - Present · 9 yrs
LPL Financial LLCBroker
April 2017 - Present · 9 yrs
Previous Registrations
Edward Jones
May 2009 - April 2017 · 7 yrs 11 mos
Edward JonesBroker
May 2009 - April 2017 · 7 yrs 11 mos
State Registrations1 state
TX
AdvisorBrokerBoth

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.

Exams
No exam information available for this advisor.