PARSEC FINANCIAL MANAGEMENT Revenue, Growth & Competitor Profile

Company Profile & Annual Report for Parsec Financial Management

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Parsec Financial Management Fast Facts

Revenue	$10 - $100 million    See Exact Annual Revenue
Employees	10 - 100Exact Company Size
Primary Industry	523 Securities, Commodity Contracts & Other Financial Investments
Address	6 Wall Street Asheville, NC 28801 parsecfinancial.com

Note: Revenues for privately held companies are statistical evaluations.




Parsec Financial Management's Annual Report & Profile shows critical firmographic facts:

• What is the company's size? (Annual sales and employees)
• What industry is the company in?

Parsec Financial Management Annual Revenue and Growth Rate

Parsec Financial Management	Revenue Est. ($ Million)	Growth Rate (%)	# Employees
2023	Details in Premium Report
2022
2021
2020
2019

1-Year Growth Rate: 3-Year Growth Rate (CAGR):

Note: Parsec Financial Management's revenues are gauged from an analysis of company filings.

Investor Activity

Parsec Financial Management has actively raised capital from investors. These investors may include private investors, venture capital firms, or other investment vehicles.

Date	Investors	Percent Raised	Target Size
November 16, 2017	0	0%	$0 MM
Complete list of funding rounds and total amounts in the Company Report

Parsec Financial Management's Income Statement (based on Industry Averages)

	$ Millions (Industry Average)
Parsec Financial Management Revenue (Sales)
Cost of Goods Sold
Gross Profit
Operating Expenses
Advertising
Salaries and wages
Other Operating Expenses
Total Operating Expenses
Operating Income
EBITDA
EBIT (Earnings Before Interest and Taxes)
Net Profit

Trademark Applications

Trademark applications show the products and services that Parsec Financial Management is developing and marketing. Parsec Financial Management doesn't have any recent trademark applications, indicating Parsec Financial Management is focusing on its existing business rather than expanding into new products and markets. Trademarks may include brand names, product names, logos and slogans.

Trademark	Date
PARSEC FINANCIAL Financial planning and asset management	07/27/2007

See all trademarks and details in the Full Report.

Recession Risk

Determine whether Parsec Financial Management grew or shrank during the last recession. This is useful in estimating the financial strength and credit risk of the company. Compare how recession-proof Parsec Financial Management is relative to the industry overall. While a new recession may strike a particular industry, measuring the industry and company's robustness during the last recession estimates its ability to weather future recessions.

Market Share of Parsec Financial Management's Largest Competitors

A competitive analysis shows these companies are in the same general field as Parsec Financial Management, even though they may not compete head-to-head. These are the largest companies by revenue. However, they may not have the largest market share in this industry if they have diversified into other business lines. The "Competition" section of a business plan or investment memorandum would start by analyzing the information about these companies. Competitive advantage comes from offering better pricing or superior products/service.

Company	Headquarters	Revenue ($ MM)
CITIGROUP	Stamford, CT	100
FEDERAL HOME LOAN MORTGAGE	Mc Lean, VA	78
ADVISORTRUST	Sioux Falls, SD	63
STONEX GROUP	New York, NY	59
FIDELITY WORKPLACE SERVICES	Boston, MA	37
MORGAN STANLEY EXPANSION EQUITY IX INVESTMENT TEAM LEF	New York, NY	36
RITE-VALUE PHARMACY	Louisa, KY	28
GOLDMAN SACHS ASSET MANAGEMENT	New York, NY	26
TMH	Chattanooga, TN	16

Nearby Competitors

These companies are similar in business line and location to Parsec Financial Management. While some companies compete with neighboring businesses for customers, other companies may compete to attract skilled employees.

Company	Headquarters	Revenue ($ MM)
PARSEC FINANCIAL MANAGEMENT	Asheville, NC	100
GROOME HOLDINGS	Asheville, NC	37
AMERICAN IRA	Asheville, NC	23
BOYS ARNOLD	Asheville, NC	20
ALTAVISTA WEALTH MANAGEMENT	Asheville, NC	14
HORIZONS WEALTH MANAGEMENT	Asheville, NC	8

Future Competition: Parsec Financial Management's Fastest Growing Competitors

These companies are in the same general field as Parsec Financial Management and are rapidly expanding. Companies may grow organically or through acquisition. In some cases apparently high growth rates may be caused by data that weren't available in previous years.

Company	Revenue ($ MM)