Parsec Financial Management Inc Salary

As of August 2026, the average annual salary for employees at Parsec Financial Management Inc in the United States is $89,162. This translates to an approximate hourly wage of $43. Salaries at Parsec Financial Management Inc typically range from $78,156 to $101,124 annually, reflecting the diverse roles and experience levels within the company.

How Much Does Parsec Financial Management Inc Pay for Different Roles?

Explore detailed salary information for specific jobs at Parsec Financial Management Inc. Based on our data, the highest paying job is the Chief Investment Officer, with an annual salary of $309,553. The table below outlines the annual salary ranges for most popular roles within the company.
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Current Job Openings at Parsec Financial Management Inc

Ready for your next career move? Explore current job openings at Parsec Financial Management Inc. Use the search tool below to find available positions by title and location and apply directly to start your career.

Is Parsec Financial Management Inc’s Pay Competitive? Salary Benchmarking Analysis

How does Parsec Financial Management Inc's compensation stack up against the industry and its key competitors? Our salary benchmarking analysis provides a clear comparison. The chart below visualizes this comparison alongside select peer companies.
Competitor / Benchmark Avg. Salary Variance Primary Market Influence Factor & Explanation
Tai Fook Securities Us Inc $113,707
+27.5%
Reflects structural premiums typical of Tai Fook Securities Us Inc's large-cap national operations.
Citic Clsa Capital Markets Ltd $91,240
+2.3%
Confirms Citic Clsa Capital Markets Ltd is a direct competitor vying for the exact same talent pool.
Palladium Capital Group LLC $116,418
+30.6%
Driven by niche technical certifications required for Palladium Capital Group LLC's specialized projects.
Liberty Hall Capital Partners LP $91,862
+3.0%
Data suggests Liberty Hall Capital Partners LP's workforce skews heavily towards veteran, high-tenure roles.
Financial Services Industry $121,514
+36.3%
Pay variances are driven by organizational scale, specialized skill requirements, or geographic cost-of-living factors.
Need More Granular Data? The analysis above provides a high-level market overview. To benchmark specific job codes, adjust for real-time cost-of-living changes, or access verified HR-reported datasets, upgrade to Salary.com for Business. Precision matters when building your compensation strategy.

Employee Reviews: Working at Parsec Financial Management Inc

Considering a career at Parsec Financial Management Inc? Explore authentic employee reviews to learn about the work environment, career growth opportunities, pay transparency and benefits. These first-hand insights can help you set realistic compensation expectations and make informed career decisions.
Strong emphasis on process and accuracy. It's a great place to learn from experienced professionals in the financial field. Forward-thinking company in the finance space. The company provides reliable employment with comprehensive benefits, but the work environment can feel bureaucratic.
Resources are always available, and your manager helps you map out career goals. Coworker relationships vary, and most communication happens through email. I appreciate the focus on continuous learning through training programs and certifications. They prioritize ethical practices and employee well-being. The benefits package, including retirement plans and wellness perks, is top-tier. Strengths a...
The culture is formal and hierarchical, with limited cross-department collaboration. I’m constantly learning and proud to be part of such a trusted institution. We receive timely feedback, fair evaluations, and opportunities to step into leadership roles.

Parsec Financial Management Inc Overview

Website
www.parsecfinancial.com
Founded In
1980
Employees
50 - 100 employees
Industry
Financial Services
Headquarter Address
85 Peachtree Rd Asheville North Carolina NC 28803
Revenue
$10 Million - $50 Million
Phone Number
+1 8282777400
Social Media
About Parsec Financial Management Inc
Founded in 1980 Parsec Financial Management is a portfolio and investment management company based out of Asheville, North Carolina.

What Benefits Does Parsec Financial Management Inc Offer Beyond Salary?

A competitive compensation package is more than just a salary. Parsec Financial Management Inc offers a comprehensive benefits package designed to support your health, financial future, and overall well-being. Below are the most common key benefits:
Social Security
401(K)
Disability
Healthcare
Pension
Time Off (days)
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What Is the Cost of Living Near Asheville?

Understanding the cost of living near Asheville is key to truly evaluating a salary offer or your current compensation at Parsec Financial Management Inc.
Asheville's Cost of Living Index is approximately 106.0 (6.0% more expensive than US average; 10.4% more than NC average). Mountain city, tourism, arts, breweries, housing costs above US average. ART bus. When planning your budget based on a salary from Parsec Financial Management Inc, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,400 - $2,100+ A significant portion of Parsec Financial Management Inc salary. Location choices impact this heavily.
Utilities (Basic) $130 - $220 Electricity, Heating, Cooling, Water etc.
Public Transportation $20 (ART monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $420 - $620 Can be higher with more dining out or specialty stores.
Personal & Leisure $430 - $780+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $380 - $700+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,780 - $4,420+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Parsec Financial Management Inc

1. What is the estimated average total compensation at Parsec Financial Management Inc?

Salary.com estimates that the average total compensation package at Parsec Financial Management Inc, which can include base salary, potential bonuses, and benefits, is around $89,162 annually . Total compensation provides a more holistic view of an employee's earnings.

2. How much does Parsec Financial Management Inc pay compared to Tai Fook Securities Us Inc?

The average annual salary at Parsec Financial Management Inc is $89,162, or an hourly wage of $43, in comparison to Tai Fook Securities Us Inc which pays $113,707 per year or $55 per hour.

3. Do salaries differ significantly between departments at Parsec Financial Management Inc?

Yes, salaries often differ between departments at Parsec Financial Management Inc due to varying market demand for specific skill sets and the nature of the roles. For example, technical roles in Engineering or IT may command different salary ranges compared to roles in Marketing or Human Resources.

4. What's the typical salary progression for an employee moving from an entry-level to a senior role at Parsec Financial Management Inc?

Salary progression from an entry-level to a senior role at Parsec Financial Management Inc can be significant, often involving several promotions and substantial pay increases. For example, an entry-level Analyst might see their salary potentially double or more as they progress to a Senior Manager or Director position over several years, assuming strong performance and development.

5. How can I determine if a salary offer from Parsec Financial Management Inc in Asheville is fair given the local cost of living?

To determine if a salary offer from Parsec Financial Management Inc in Asheville is fair, first compare the gross salary to our data for similar roles at Parsec Financial Management Inc and its competitors (see our similar company salaries section) . Then, critically, use our "Cost of Living Insights for Asheville" to understand its purchasing power.

6. Are promotions at Parsec Financial Management Inc usually accompanied by a significant salary increase?

Yes, promotions at Parsec Financial Management Inc are generally accompanied by a salary increase. The amount of the increase typically reflects the greater responsibilities, skills, and scope of the new role. The percentage increase can vary widely depending on the level of promotion and the company's compensation structure.