Parr McKnight Wealth Management Group

Parr McKnight Wealth Management Group is an SEC-registered investment advisory firm that manages approximately $1.07 billion for about 441 clients through a ten-advisor team. The firm provides personalized financial planning and both discretionary and non-discretionary investment management to individuals (including high-net-worth clients), family offices, trusts, private foundations, and retirement plans.

PMWMG’s process begins with a detailed review of a client’s financial condition, goals and risk profile and typically emphasizes long-term, fundamental analysis while also executing shorter-term trades when appropriate. Portfolios may include equities, government and corporate bonds, municipal securities, ETFs, REITs, closed-end funds, structured notes, private funds/alternative investments, and PMWMG may recommend or oversee External Managers for portions of client assets; accounts are monitored on an ongoing basis with at least annual reviews.

Compared with many team firms, PMWMG maintains a relatively high account minimum and a client base oriented toward higher-net-worth and institutional relationships, and it operates on an institutional custody platform (Trade‑PMR/First Clearing) that provides access to trading, research and technology. The firm’s disclosures also note the use of endorsements and the advertisement of third‑party ratings, and some advisory personnel are licensed to sell insurance products for which they may receive separate commissions.