Mckay
Parr

Big Sioux Wealth Management

CRD#6598316
Investment Advisor
in Watertown, SD

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About this Advisor

Mckay Parr is a certified financial planner working out of Watertown, South Dakota who has 4 years of industry experience. Parr is an employee of Big Sioux Wealth Management. Over the course of their career, Parr has held roles at Charles Schwab & Co., Inc, Wells Fargo, Raymond James Financial Services, Inc, Reliabank Dakota, Matheson Flight Extenders, Raymond James Financial Services Advisors Inc and Big Sioux Financial, Inc Dba Big Sioux Wealth Management. Parr has Series 63 and Series 66 licenses, qualifying them as a securities broker, and can serve investors in South Dakota and Texas. Big Sioux Wealth Management is a registered investment business that has its headquarters in Watertown, SD. The firm has just two people on staff. It administers $176 million in total assets across its 1,850 client accounts, placing it among the mid-sized financial advisory firms in the country by assets under management. The firm serves eight charitable organizations. Of its 1,850 accounts, just 2% are held by high-net-worth individuals who have at least $1 million in investable assets. Big Sioux Wealth Management performs a wide array of services, such as financial planning services, portfolio management for individuals and small businesses, pension consulting services and educational seminars. Fees for financial management typically are based on the financial services offered. However, fee types charged by Big Sioux Wealth Management likely consist of asset-based and hourly fees.

Certifications and Registrations

Series 63, Series 66, CERTIFIED FINANCIAL PLANNER™

Years Registered*

4 years

Services Offered

Financial planning services, Portfolio management for individuals and/or small businesses, Pension consulting services, Educational seminars/workshops

Fee Structure

Percentage of Assets, Hourly Charges

Office Location

1404 4Th St. Ne
Watertown, SD 57201

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Big Sioux Wealth Management Brokerage Details

Total Assets Under Management

$176,135,100

SD Average: $198,545,545
Total Number of Employees

2

SD Average: 4
Total Number of Accounts

1,850

SD Average: 691
Average Account Size

$95,208

SD Average: $287,331

Investment Advisory Services

  • Financial planning services
  • Portfolio management for individuals and/or small businesses
  • Pension consulting services
  • Educational seminars/workshops

Mckay Parr Work History

Mckay has been registered as a financial advisor for 4 years.*

2019 - Present (5 years)

Big Sioux Financial, Inc Dba Big Sioux Wealth Management

2018 - 2019 (1 year)

Raymond James Financial Services Advisors Inc

2017 - 2019 (2 years)

Raymond James Financial Services, Inc

2017 - 2019 (2 years)

Reliabank Dakota

2016 - 2017 (1 year)

Charles Schwab & Co., Inc

2015 - 2016 (1 year)

Matheson Flight Extenders

2012 - 2015 (3 years)

Wells Fargo

*The number of years registered in this profile is calculated by taking the year of an advisor's first active registration and subtracting it from the current year.

Disclosures

Please visit the SEC profile of Mckay Parr to learn whether or not they have any disclosures. It is important to do your due diligence when looking for an advisor.

Financial Advisors at Big Sioux Wealth Management

Mckay Parr
Watertown, SD
Dustin Padgett
Watertown, SD

The content in this profile was updated by SmartAsset on 4/16/2023. All advisor details come from publicly available data, and we cannot guarantee the accuracy of the content. We are unable to make individual profile updates. If you want your profile removed temporarily or permanently, please contact profile-compliance@smartasset.com.

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Certified Financial Planner Board of Standards, Inc. (CFP Board) owns the certification marks CFP® and CERTIFIED FINANCIAL PLANNER™ in the United States, which it authorizes the use of by individuals who successfully complete CFP Board’s initial and ongoing certification requirements.

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