Parrott Wealth Management

Parrott Wealth Management (PWM) is an independent, fee-only fiduciary financial planning and investment management firm based in Austin, Texas, serving clients nationwide. The firm specializes in helping individuals who are in, near, or contemplating retirement. PWM's mission is to remove confusion, complexity, and worry from the financial planning and investment management process, enabling clients to pursue a life of purpose and achieve their dreams for the second half of their lives.

PWM operates in the financial services market, focusing on retirement planning and investment management. The firm serves primarily families and individuals, providing personalized financial advice and investment strategies. As a fiduciary, PWM is legally bound to act in the best interests of its clients, ensuring transparency and trust in all its dealings.

The business model of PWM is fee-only, meaning it does not earn commissions from selling financial products. Instead, it charges clients a fee for its services, which can be based on a percentage of assets under management or a flat fee. This approach aligns the firm's interests with those of its clients, fostering a relationship built on trust and integrity.

PWM makes money by providing comprehensive financial planning and investment management services. These services include retirement planning, investment strategy development, and ongoing portfolio management. By educating and encouraging clients, PWM helps them make informed financial decisions that align with their long-term goals.

Keywords: fiduciary, fee-only, retirement planning, investment management, financial planning, independent, tailored advice, families, individuals, Austin.