WATERS, PARKERSON & CO., LLC
Firm details
- Headquarters
- NEW ORLEANS, Louisiana
- CRD number
- 3711
- Registered since
- June 29, 1972
- Website
- www.watersparkerson.com
- Custodians
- CHARLES SCHWAB & CO., INC.
- Fee structure
- Percentage of AUM, Fixed Fees
- Client types
- HNWI79.03%
- Charitable Organizations6.5%
- Corporations / Businesses5.17%
- Individuals4.94%
- Banking / Thrift Institutions4.02%
- Services
- Financial PlanningPortfolio Management for Individuals
Firm profile
FINTRXOverview
Waters, Parkerson & Co, LLC is an independent registered investment adviser formed as an LLC and operating under SEC registration since 1972. The firm serves both individual and family clients as well as institutional clients, providing financial planning and discretionary portfolio management for individuals and small businesses. Its fee arrangements include percentage-of-AUM pricing alongside fixed-fee engagements. Waters, Parkerson does not act as a direct capital allocator; instead it sources third-party managers where needed. The firm does not identify as an active ESG investor and is not registered as a multi-state adviser. Waters, Parkerson was named to CNBC’s Top 100 Financial Advisory Firms list in 2025.
Assets & Accounts
Public Holdings
Investments & Alternatives
Location & Offices
Investment profile
FINTRXTraditional investments used
Alternative investments used
Active ESG investor
Technology & operations
FINTRXCRM & tech providers
TAMPs used
Clients
FINTRXClient base
Client personas
Asset composition
- Exchange Traded Equities70%
- Investment Grade Corp Bonds11%
- Cash & Cash Equivalents7%
- State & Local Bonds5%
- Public Funds/Mutual Funds5%
Owners & executives
1 of 1JULIA BURLINGAME
Chief Compliance OfficerCRD 1819993
Contacts
3 of 6DEVIN WAKEMAN
Co-Managing PartnerCRD 5435505
JONATHAN MONTGOMERY
Co-Managing PartnerCRD 4356767
MICHAEL WHEALDON
PartnerCRD 1277324
Wealth teams
FINTRXNewly hired reps
FINTRXRecent M&A activity
FINTRXRecent filings
FINTRXAwards
FINTRXETF holdings
1 of 40Active vs passive
$100M in ETFs
100%
$100M
0%
$0
| ETF | Provider | Style | Category | Value | Shares | % of portfolio |
|---|---|---|---|---|---|---|
| ISHARES RUSSELL 2000 ETF (IWM) | BlackRock | Passive | Small Blend | $28.3M | 114,206 | 28.23% |
Location
NEW ORLEANS, LA
ORLEANS
Location
NEW ORLEANS, LA
Headquartered in NEW ORLEANS, LA, anchoring the New Orleans-Metairie-Hammond, LA-MS metro in the South.
- Metro area
- New Orleans-Metairie-Hammond, LA-MS
- Region
- South
- County
- ORLEANS
- Address
- 601 Poydras St
- Time zone
- CT (UTC-6)
- Office locations
Similar firms
STOKES FAMILY OFFICE LLC
RIANEW ORLEANS, LA
ST. DENIS J. VILLERE & CO., LLC
RIANEW ORLEANS, LA
ADVANTAGE CAPITAL
RIANEW ORLEANS, LA
MONTZ HARCUS WEALTH MANAGEMENT
RIANEW ORLEANS, LA
FREEGULLIVER, LLC
RIANEW ORLEANS, LA
BLACK BAY PARTNERS, LLC
RIANEW ORLEANS, LA