Parsons Capital Management Celebrates 20 Years in Business and $1 Billion in Assets Under Management

PROVIDENCE, RI – Robert Parsons, co-founder of Parsons Capital Management, today announced the firm has reached $1 billion in assets under management. This milestone coincides with the firm’s 20-year anniversary in January.

Parsons launched Parsons Capital Management with his brother Geddes Parsons in January of 1994. They have built the business through strategic partnerships with skilled professionals who share their client-centric approach and commitment to consistent performance.

“We are proud to have surpassed the $1 billion mark in assets under management.  We couldn’t have done it without the continued trust and confidence of our clients, colleagues and friends as well as our extraordinary team who has earned that trust and confidence,” said Robert Parsons.

Parsons Capital Management provides comprehensive investment advisory and financial consulting services for individuals, families, trusts, institutions and foundations. With offices in Providence, RI and Hobe Sound, FL, the firm has maintained strong roots in the Rhode Island community while expanding beyond the region to meet the needs of its clients around the globe.

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