Christopher P. Parr
Parr Financial Solutions, Inc.
Fee-Only Wealth Manager and business owner with over 25 years of experience, based in Columbia , MD and serving clients nationwide.
Christopher Parr is a Columbia, MD fee-only financial planner serving the greater Baltimore Washington D.C. area and clients across the country.
Parr Financial Solutions provides objective and comprehensive financial planning, retirement planning, investment management and estate planning to help clients organize, grow and protect their assets through life’s transitions. As a fee-only, fiduciary, and independent financial advisor, Christopher Parr is never paid a commission of any kind, and has a legal obligation to provide unbiased and trustworthy financial advice.
Christopher Parr, CEO and President, holds an MBA degree in finance from Loyola College in Maryland, earned his BA degree in economics from Western Maryland College, and is a graduate of the College for Financial Planning in Denver, Colorado. His professional career started in commercial banking in 1980. He became a CERTIFIED FINANCIAL PLANNER™ professional in 1993.
Christopher Parr has been selected four times by Worth magazine as one of the nation’s “250 Best Financial Advisors.” He was also selected four times by Medical Economics magazine as one of the nation’s “150 Best Financial Advisors for Doctors.” Mr. Parr has over 25 years of financial services industry experience.
Mr. Parr is a member of the National Association for Personal Financial Advisors (NAPFA), the leading professional association for fee-only financial advisors. He chaired both hearing and grievance panels as a member of NAPFA’s Ethics Committee, and periodically makes presentations to regional and national gatherings of financial professionals and the public.
Mr. Parr has written articles for several national publications. He is co-author of Inside the Minds: Building a $1 Million Nest Egg, published in 2002 by Aspatore Books. He has been quoted by the BBC, Bloomberg Wealth Manager, Financial Advisor, Fox Business News, Investment News, Investor’s Business Daily, Forbes, Black Enterprise, Kiplinger’s, Medical Economics, Physicians Financial News, Financial Planning,the Baltimore Sun, the Chicago Tribune, Palm Beach Daily, Wall Street Journal and the Washington Post.
Mr. Parr is past chair of the Howard County Pension Oversight Commission where he was appointed by successive County Executives, approved by the County Council, and served 2 voluntary 5-year terms from 2004 -2013. The Commission is responsible for monitoring the combined pension plans of the Howard County Employee Pension Plan and the Howard County Police and Fire Employee Pension Plan. During his watch, the plans grew from $270 million of combined assets to over $650 million in assets.
Past community service projects include the Howard County Board of Family & Children’s Services, the American Red Cross of Howard County Board, and past chair of his church finance committee. He also provides pro bono financial counseling and served as advisor to a nonprofit organization dedicated to helping the homeless become self-sufficient.
Christopher P. Parr is a Member of the National Association of Personal Financial Advisors
The National Association of Personal Financial Advisors (NAPFA) is a leading professional association of Fee-Only financial advisors - highly trained professionals who are committed to working in the best interests of those they serve.
NAPFA members live by three important values:
- To be the beacon for independent, objective financial advice for individuals and families.
- To be the champion of financial services delivered in the public interest.
- To be the standard bearer for the emerging profession of financial planning
PARR Financial Solutions, Inc. – a Fee-Only Wealth Management firm and Registered Investment Advisor (RIA) – is dedicated to helping clients define and achieve their long-term financial goals with a customized investment management strategy and a pro-active financial planning approach. We are based in Columbia, Maryland, in the heart of the Baltimore – Washington corridor and serve clients across the country..
PARR Financial Solutions brings big-firm expertise to a small firm personalized relationship, providing holistic financial guidance with attention to detail. Our role is to serve as the financial team captain helping our clients integrate and coordinate their financial affairs. We work closely with other professionals such as estate planning attorneys, CPA’s, and insurance specialists.
We serve a diverse client base including baby boomers transitioning into retirement, families needing multi-generational wealth management and busy professionals, business owners, and corporate executives.
As personalized wealth managers, we specialize in portfolio management and financial planning solutions:
Investment Management & Tax Efficient Portfolio Design
Retirement Planning & Distribution Strategies
Estate Planning & Wealth Preservation
Comprehensive Financial Planning
PARR Financial Solutions, Inc. provides fee-only financial advice. We do not accept sales commissions, referral fees, or other income from any products that are recommended. Our goal is simply to provide unbiased, objective advice in the best interest of our clients.
Serving all areas of Columbia County, MD including Elliot City, Clarksville, Dayton, Glenelg, Glenwood and West Friendship, as well as Annapolis, Baltimore, Bel Air, Eldersburg, Fulton, Odenton, Silver Spring, Sykesville, and Towson.
Fee-Only, Fiduciary, Independent: Three Important Criteria to Consider When Choosing a Financial Advisor.
- Comprehensive Financial Planning
- Retirement Income Planning
- Investment Management
- Retirees and Pre-Retirees transitioning into retirement
- Business Owners and Corporate Executives who outsource to our firm to leverage their time
- Multi-Generational Wealth Management
- In-Office Meetings
- Virtual Meetings
- Clearly Defined Fees
- No Product Sales
Professional Designations & Affiliations
Christopher Parr is a NAPFA-Registered Financial Advisor
The National Association of Personal Financial Advisors (NAPFA) is a leading professional association of Fee-Only financial advisors—highly trained professionals who are committed to working in the best interests of those they serve.
Christopher Parr is a CERTIFIED FINANCIAL PLANNER™ Professional - Click for Verification
CFP® professionals are held to strict ethical standards to ensure financial planning recommendations are in your best interest. What’s more, a CFP® professional must acquire several years of experience related to delivering financial planning services to clients and pass the comprehensive CFP® Certification Exam before they can use the CFP® designation.
Contact Christopher P. Parr
10440 Little Patuxent Parkway
Columbia, MD 21044