DFX Intelligence

RIA Intelligence

Registered investment advisers, the advisors registered through them, the capital they report, the private vehicles they run and the people who own them, as a graph with a filing date behind every number. RAUM is what the adviser filed, a move is two registration dates, and a class is a rule you can read.

Former SEC-registered adviser

Parsons Capital Management, LLC

Former SEC-registered adviserNew Hope, PennsylvaniaCRD 114494SEC 801-61362websiteIAPD
Latest filing Mar 13, 2025
First filing on the tape Mar 27, 2012 · 31 filings
SEC status approved since Aug 2, 2002
RAUM
$804M
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
98%
$790M individuals and HNW
Advisors
0
registered through the firm on IAPD
RAUM per advisor
n/a
derived; firm RAUM over IAPD count
Employees
6
2 advisory (5.B.1)
Offices
1
beyond the principal office
Private funds
0
reported on Schedule D
History
31 filings and snapshots on the tape
RAUM$804M as of Mar 13, 2025
Mar 27, 2012$118M then
HNW client RAUM$628M as of Mar 13, 2025
Mar 14, 2018$155M then
State-registered IARs (5.B.3)2 as of Mar 13, 2025
Mar 27, 20120 then
Employees (5.A)6 as of Mar 13, 2025
Feb 19, 20132 then
Private funds: no history
RAUM +22% over the last fiscal year+10% a year over threeIARs 2 to 2
Practice profile
derived from the filing of Mar 13, 2025; every figure names its basis
RAUM per advisor
$402MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
336derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$2.4MderivedHNW RAUM over HNW clients
Average account
$439,255derivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
0.6%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
3.0derivedItem 5.A over advisors
Advisors per office
1.0derived2 offices incl. principal (1.F.5)
RAUM growth, one year
+22%derivedbetween the last two annual amendments
Advisor growth, one year
+0.0%derivedItem 5.B.3 between annual amendments
Client growth, one year
+4.4%derived
Compensation
percentage of assets, hourlyreportedItem 5.E
Advisory activities
financial planning, portfolio management for individuals, otherreportedItem 5.G
Ownership
no PE, bank or public-company owner found on Schedule Aderived
Advisor book size
not public; not estimatedreported
Also answered yes on Form ADV
  • has discretionary authority over which securities are bought or sold (8.C.1)
  • receives research or other products from a broker-dealer, soft dollars (8.E)
  • compensates persons for client referrals (8.G.1)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • High-net-worth individuals$628M78%
  • Individuals$163M20%
  • Corporations and businesses$8.7M1.1%
  • Charitable organizations$4.9M0.6%
Individual clients
404reported
HNW clients
267reported
Pension plan clients
n/areported
Charitable clients
n/areported
Accounts
1,830reported
Financial planning clients
0reported
Wrap fee programs
noreported
Custody of client assets
noreported
Compensation
% of AUM, hourlyreported
Class basis
absent from the latest SEC rosterderived
Advisors registered through the firm
0 on IAPD today, longest tenure first
No representative is registered through this CRD on IAPD.
Advisor movement
Left, latest
Joined, latest
none on the tape
    Teams: two or more advisors moving together within fourteen days, from one state
      Private funds
      No private fund reported.
      Owners and control persons
      Schedule A and B, latest filing
      • John Russell Parsons · President, Chief Compliance Officercontrol
        since 06/2001 · owns 75% or more
      Related persons
      Schedule D 7.A
      No related person reported.
      Office movement
      IAPD branch city; joins and departures in 12 months
      OfficeAdvisorsJoinedLeftTeams outForming
      New Hope, Pa · principal000
      Offices
      Schedule D 1.F, the 25 largest
      • , 1 employees
      What changed
      consecutive filings, newest first
      • Accounts · 1,737 to 1,830
        Nov 14, 2024 to Mar 13, 2025
      • HNW clients · 246 to 267
        Nov 14, 2024 to Mar 13, 2025
      • Individual clients · 397 to 404
        Nov 14, 2024 to Mar 13, 2025
      • Discretionary RAUM · $661M to $804M
        Nov 14, 2024 to Mar 13, 2025
      • HNW RAUM · $507M to $628M
        Nov 14, 2024 to Mar 13, 2025
      • Individual RAUM · $146M to $163M
        Nov 14, 2024 to Mar 13, 2025
      • RAUM · $661M to $804M
        Nov 14, 2024 to Mar 13, 2025
      • Accounts · 1,809 to 1,737
        Nov 15, 2023 to Mar 14, 2024
      • HNW clients · 198 to 246
        Nov 15, 2023 to Mar 14, 2024
      • Individual clients · 416 to 397
        Nov 15, 2023 to Mar 14, 2024
      • Other offices · 0 to 1
        Nov 15, 2023 to Mar 14, 2024
      • Discretionary RAUM · $531M to $661M
        Nov 15, 2023 to Mar 14, 2024
      • HNW RAUM · $372M to $507M
        Nov 15, 2023 to Mar 14, 2024
      • Individual RAUM · $153M to $146M
        Nov 15, 2023 to Mar 14, 2024
      • RAUM · $531M to $661M
        Nov 15, 2023 to Mar 14, 2024
      • Accounts · 1,545 to 1,809
        Sep 12, 2022 to Mar 16, 2023
      • HNW clients · 73 to 198
        Sep 12, 2022 to Mar 16, 2023
      • Individual clients · 523 to 416
        Sep 12, 2022 to Mar 16, 2023
      • Discretionary RAUM · $601M to $531M
        Sep 12, 2022 to Mar 16, 2023
      • HNW RAUM · $309M to $372M
        Sep 12, 2022 to Mar 16, 2023
      • Individual RAUM · $286M to $153M
        Sep 12, 2022 to Mar 16, 2023
      • RAUM · $601M to $531M
        Sep 12, 2022 to Mar 16, 2023
      • Accounts · 1,437 to 1,545
        Mar 24, 2021 to Mar 4, 2022
      • HNW clients · 105 to 73
        Mar 24, 2021 to Mar 4, 2022
      • Individual clients · 460 to 523
        Mar 24, 2021 to Mar 4, 2022
      • Insurance-licensed employees · 0 to 1
        Mar 24, 2021 to Mar 4, 2022
      • Discretionary RAUM · $467M to $601M
        Mar 24, 2021 to Mar 4, 2022
      • HNW RAUM · $212M to $309M
        Mar 24, 2021 to Mar 4, 2022
      • Individual RAUM · $255M to $286M
        Mar 24, 2021 to Mar 4, 2022
      • Pension RAUM · unset to 0.0
        Mar 24, 2021 to Mar 4, 2022
      • Pooled vehicle RAUM · unset to 0.0
        Mar 24, 2021 to Mar 4, 2022
      • RAUM · $467M to $601M
        Mar 24, 2021 to Mar 4, 2022
      • HNW clients · 121 to 105
        Jun 23, 2020 to Mar 23, 2021
      • Individual clients · 455 to 460
        Jun 23, 2020 to Mar 23, 2021
      • Employees · 5 to 6
        Jun 23, 2020 to Mar 23, 2021
      • Discretionary RAUM · $369M to $467M
        Jun 23, 2020 to Mar 23, 2021
      • HNW RAUM · $216M to $212M
        Jun 23, 2020 to Mar 23, 2021
      • Individual RAUM · $153M to $255M
        Jun 23, 2020 to Mar 23, 2021
      • RAUM · $369M to $467M
        Jun 23, 2020 to Mar 23, 2021
      • Accounts · 1,310 to 1,437
        Jun 12, 2019 to Mar 26, 2020
      Signals
      5 dated events
      • Parsons Capital Management, Llc no longer on the SEC adviser roster (last listed 2025-06-02, RAUM $803.8M)
        Jul 1, 2025 · Left the SEC roster · derived
      • Andrew H Parsons left Parsons Capital Management, Llc for Cw Advisors, Llc (registered 2025-05-01)
        Jun 9, 2025 · Advisor changed firm · fact
      • Russell John Parsons left Parsons Capital Management, Llc for Cw Advisors, Llc (registered 2025-04-30)
        Jun 9, 2025 · Advisor changed firm · fact
      • 2 advisors left Parsons Capital Management, LLC (New Hope, PA) for CW Advisors, LLC on the same day
        Jun 9, 2025 · Team lift-out · derived
      • Parsons Capital Management, Llc reported RAUM $601.5M, up 29% from $467.2M (2021-03-24 to 2022-03-04)
        Mar 4, 2022 · RAUM change · derived
      Across DFX
      shared identifiers only, never a name match
      No identifier-backed link to the venture, private equity, family office or sponsor graphs.
      Provenance
      Form ADV
      SEC filing data 2011 to 2024 and the monthly roster 2025 onreportedadviserinfo.sec.gov
      Advisors
      IAPD individual compilation feed, dailyreportedadviserinfo.sec.gov
      Class
      Former SEC-registered adviserderiveda rule over Items 5.D and 7.A
      RAUM per advisor
      n/aderivedfirm RAUM over the IAPD count; not a book size
      Loaded
      Sep 14, 2026