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Waters, Parkerson & Co., Inc.

Waters, Parkerson & Co., Inc.. CRD 3711

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CRD: 3711

Waters, Parkerson & Co., Inc.

$2.9B Total AUM
$2.7B Disc. AUM
7.3% 3Y CAGR
12 Employees
794 ADV. Clients
54 yrs Firm Age

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Firm Details

Custodian
Broadridge · Charles Schwab & Company
Clients
Retail and Institutional
Established Date
06-29-1972
Office Locations
1

Office Locations

601 Poydras Street Suite 2210 NEW Orleans LA

About Waters, Parkerson & Co., Inc.

Waters, Parkerson & Co., LLC is a fee-only, independent, employee-owned RIA founded in 1933 and based in New Orleans. The firm delivers personalized investment management and financial planning for high-net-worth, multi-generational families and institutional clients across more than 35 states, using a conservative, disciplined approach with actively managed equity and fixed-income portfolios; ETFs are a core vehicle.

Reported data analysis

What the numbers show

Between March 31, 2025 and May 26, 2026, reported AUM increased 6.5%, from $2.7B to $2.9B.

Across 5 reported observations, AUM increased 10.3% between June 14, 2022 and May 26, 2026, from $2.6B to $2.9B.

Of the latest reported AUM, 95.6% is discretionary and 4.4% is non-discretionary.

The firm reports 6 advisory representatives and 794 clients, or 132.3 clients per representative. That equates to $3.6M in reported AUM per client.

The profile lists 1 reported office location and 54 years in operation. The source data was last updated on May 26, 2026. Figures reflect reported regulatory data and may not include subsequent changes.

Team overview

35 AVG AGE
$476.6M AVG AUM / ADVISOR
$3.6M AVG AUM / CLIENT
18.5 yrs AVG TENURE
12 Employees
6 Advisory Reps
6 RIA Reps
54yrs Firm Age

Additional firm insights

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Available data coverage

  • Asset Classes
  • Custodian
  • Investment Themes
  • Investment Vehicles
  • Platform
  • Services
  • Technology

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Owner & Executives

J

JONATHAN BALDWIN MONTGOMERY

Co-Managing Partner, Investment Advisor

CRD
#4356767
Ownership
25% but less than 50%
DEVIN JOHN WAKEMAN

DEVIN JOHN WAKEMAN

Co-Managing Partner

CRD
#5435505
Ownership
25% but less than 50%

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Contacts

TODD BENNETT JOHNSON JR.

TODD BENNETT JOHNSON JR.

CFP®, Investment Counselor, Member of the Investment Committee

CRD
#7473778
J

John Sanford Rive III

--

CRD
#7722965

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Assets Under Management

Total AUM
Discretionary
Non-Discretionary
06-14-2022
03-28-2023
09-20-2024
03-31-2025
05-26-2026
Category Assets AVG. Account size
Discretionary $2,733,616,832 $1,468,108
Non-Discretionary $126,213,143 $2,337,280
Total $2,859,829,975 $1,492,604

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Separately Managed Accounts

SMA allocation detail is available

Waters, Parkerson & Co., Inc. has reported separately managed account data across 6 asset classes. AdvizorPro provides the associated asset values, allocation percentages, and exportable breakdown.

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13F Holdings | Q2 2026

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Waters, Parkerson & Co., Inc.'s 13F holdings detail is available for Q2 2026, including issuer, security class, CUSIP, ticker, portfolio weight, and reported value.

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