News
Q1 NEWSLETTER: "US stock indexes collectively posted their best first quarter returns since 1998, paced by financials up +22% and technology up +21% (more on the Apple effect below). The third anniversary of the
S&P's closing low of 676 on 3/9/09 found the index at 1366, up +101.9%, but still 13% below its all-time closing high of 1565 set on 10/9/07."
Read our Q1 Perspectives newsletter here.
Parsons Capital Management is one of the leading, independently owned investment management firms in the region. Our assets under management have increased more than ten-fold, from $60 million in 1994 to over $800 million today.
Our professionals work with individuals, trusts, foundations, institutions and retirement accounts. We have found that successful asset management results from our collective personal experience gathered over numerous market cycles, in-depth analysis of the current markets, and a thorough understanding of the financial needs of our clients.
Our longstanding client relationships reflect our regard for the utmost sensitivity and discretion, and the highest level of honesty and integrity. Our extraordinary staff of professionals and administrators has earned the confidence and trust of our clients.
