About Parsec Financial
<p>Known in North Carolina for its fee-only fiduciary approach, Parsec Financial is a Registered Investment Advisor headquartered in Asheville in the western North Carolina mountains and serving clients across the Charlotte metro and the Piedmont Triad.</p> <p>Founded in 1980, the firm provides financial planning and portfolio management, with a focus on retirement planning, investment management, and pension consulting. Parsec also offers 3(21) fiduciary support for retirement plans, working alongside plan sponsors on investment guidance and related governance tasks.</p> <p>Parsec Financial was acquired by Modera Wealth Management. Prior to the acquisition, it operated offices across the state, including Asheville, Charlotte, Winston-Salem, Southern Pines, and Tryon.</p> <p>As of 2026, Parsec reported $3.8B in assets under management. A key differentiator is its long-running fee-only RIA model paired with dedicated 3(21) plan fiduciary services for employers.</p> <ul> <li>Fee-only RIA investment advice and portfolio management</li> <li>Retirement planning for individuals and families</li> <li>Pension consulting</li> <li>3(21) fiduciary services for employer-sponsored plans</li> <li>Works with plan sponsors and other <a href="/retirement-plans">retirement plan providers</a></li> </ul>
Website: https://parsecinvest.com/
Founded: 1980
Office Locations
- Asheville, NC (Headquarters)
Services Offered
- 3(21) Investment Advisor
Client Statistics (2026)
- Total Clients: 0
- Total AUM: $3.8B