Firm
Waters, Parkerson &
New Orleans, Louisiana
Fee-only
Waters, Parkerson & at a glance
- One of 63 fee-only firms based in Louisiana in the Wellspent graph.
- 7 advisors are listed here; 1 of 7 hold the CFP.
- Its Form ADV reports 12 employees and 741 individual clients, 471 of them high net worth.
- Its average account is about $1.5 million (assets it manages divided by its 1,916 accounts).
Facts
| Based in | New Orleans, Louisiana |
|---|---|
| Website | watersparkerson.com |
| [email protected] | |
| Phone | (504) 581-2022 |
Waters, Parkerson & fees
What the firm's own website says it charges, checked October 30, 2026. We keep a price only when the exact words stating it appear on the page.
| Asset-based fee | 1% a year on the first tier of assets |
|---|---|
| How it charges | Percentage of assets |
In the firm's words
"On the first $1,000,000 1% (.0100)" source
"The Investment Advisor Fee is a percentage of the market value of assets under our supervision." source
For comparison, fee-only firms that publish prices charge a median of $4,500 a year for ongoing planning, $2,000 for a one-time plan, $300 an hour, or 1% of assets. See the fee report.
What its SEC filing says
| Paid by | Percentage of assets · Fixed fees |
|---|---|
| Assets managed | $2.9 billion |
| Individual clients | 270 |
| High-net-worth clients | 471 |
| Accounts managed | 1,916 |
| Employees | 12 |
| Planning clients | 251-500 |
| Registered with | The SEC (801-8754) |
| Financial planning | Offered |
| Form ADV filed | May 26, 2026 |
| SEC record | CRD 3711 |