Waters, Parkerson & Co., LLC, founded in 1933, offers personalized investment advisory services to individuals, business entities, trusts, estates, and charitable organizations. The registered investment advisor manages portfolios on both a discretionary and non-discretionary basis, utilizing fundamental analysis and long-term and short-term purchase strategies primarily focused on individual stocks and fixed income securities. In addition to managing investments, the firm provides consultation on non-investment matters such as estate planning, tax planning, and insurance upon request, though it does not prepare legal documents, file tax returns, or sell insurance products. The firm operates on a fee-only basis, deriving compensation solely from a percentage of the assets under management, and does not accept performance-based fees or commissions from product sales.
Fee Structure
Portfolio-Based Fees (Tiered)
| Portfolio Value | Annual Fee |
|---|---|
| Up to $1.0M | 1.00% |
| $1.0M - $5.0M | 0.75% |
| $5M+ | 0.50% |
The fee schedule is subject to a minimum annual fee of $10,000. Fees are negotiable.