About Us — The Parker Financial Difference
Independent and Client Oriented
We are financial advisers focused on retirement. Parker Financial is independently owned and has no outside shareholders or corporate ownership. That means our clients’ interests are second-to-none, enabling us to recommend suitable financial products from the whole of the market rather than select areas of the market chosen by corporate interests.
Your life, your health, your family, and your retirement are very serious matters. At Parker Financial, we believe the greatest and most capable hands for these matters are your own hands. Our focus on retirement will aid you in making the wisest and most informed decisions for your future.
At Parker Financial we take a holistic view of your entire financial well being. It all starts with developing a financial plan around your goals and objectives. We are fee-based investment adviser representatives, licensed insurance agents and, through a strategic relationship with a local team of CPA’s, offer our clients tax advice as well as CPA-prepared tax preparation. When it comes to your retirement, we want to understand how all of the different pieces of your financial puzzle are working and coordinate those efforts making sure your financial life is optimized and efficient.
Will Rogers once said, “I am more concerned with the return of my money than the return on my money.” Most of our clients shift from a wealth accumulation mindset to wealth preservation in retirement, yet they need to keep an emphasis on long-term growth so their wealth is keeping pace with inflation. By taking a holistic approach to wealth management and focusing on risk mitigation, we incorporate our clients’ goals to create strategies that keep their money growing not just for their lifetimes, but hopefully, for many generations to come.
In a traditional Commission-Based model, financial professionals do not receive compensation unless they sell a registered product or effect a security transaction. Therefore, when securities are bought and sold, the client pays commission fees. With a Fee-Based structure, financial professionals charge an annual fee for portfolio construction advice and ongoing investment management. Since the financial professional is paid an annual fee for providing services on the client’s behalf, there are no additional fees to generate transactions. With no hidden costs, this model serves our clients’ best interests.
Many different financial products or vehicles exist that you can use to accomplish your goals such as cash, certificates of deposit, stocks, bonds, mutual funds, exchange traded funds, annuities, separately managed accounts, hedge funds, limited partnerships and real estate investment trusts to name a few. At Parker Financial we are product neutral. Our job is to educate you about the advantages and disadvantages of these financial tools and then help you construct a plan to achieve your financial goals using the financial tools you are most comfortable with.
Registered Investment Advisers and their representatives are subject to a fiduciary standard which may be defined as the following: A fiduciary responsibility is an obligation to act in the best interest of another party. A fiduciary obligation exists whenever the relationship with the client involves a special trust, confidence, and reliance on the fiduciary to exercise his discretion or expertise in acting for a client. A person acting in a fiduciary capacity is held to a high standard of honesty and full disclosure in regard to the client and must not obtain a personal benefit at the client’s expense.
Being a locally owned, community-minded firm that provides institutional-quality investment management services is a great advantage to our clients. Understanding our local community, being involved in volunteer efforts, committee participation, and philanthropic contributions all serve to develop and maintain a long-term relationship with our clients and their families.
- The Author of Sound Retirement Planning.
- The Host of Sound Retirement Radio as heard on 1300am KKOL on Saturday Morning.
- A member of the Silverdale Chamber of Commerce
- A member of the Better Business Bureau
- A Certified Retirement Financial Adviser® (CRFA®)
- A Retirement Income Certified Professional® (RICP®)
- Read this post if you are thinking about retirement.