Donald Parson has been an investment adviser representative at Ascent Advisors since January 2026, and is not listed among the firm’s executive officers or direct owners. Donald Parson studied at St. Cloud State University.
Ascent Advisors LLC is a Mankato, MN firm with $111M under management, 171 clients and 8 advisers across 2 offices, as of its September 2026 filing.
Don Parson is Portfolio Manager of Ascent Advisors. His experience includes 12 years at multi-strategy hedge fund Whitebox Advisors as a trader and portfolio manager. Leaving institutional money management in 2020, he returned to retail client service.
Donald Parson’s longest registration was under a year at Corestone Wealth Management LLC (2025–2025). Before joining Ascent Advisors in 2026, Donald Parson was registered through Corestone Wealth Management LLC.
- Ascent AdvisorsCurrent– present · under a yearMaple Grove, MN · Adviser representative · Firm CRD 335353
- Corestone Wealth Management LLC– · under a yearMaple Grove, MN · Adviser representative · Firm CRD 315945
Professional designations
Listed by Ascent Advisors
- Chartered Financial Analyst (CFA®)
Investment adviser representative registrations
Donald Parson is registered as an investment adviser representative in 2 states. The first approvals date from January 2026; the most recent is Texas, in April 2026.
- MinnesotaSince 2 January 2026
- TexasSince 28 April 2026
Examinations
| Exam | Name | Passed |
|---|---|---|
| Series 63 | Uniform Securities Agent State Law Examination | 11 September 2023 |
| Series 7TO | General Securities Representative Examination | 11 September 2023 |
| SIE | Securities Industry Essentials Examination | 15 August 2023 |
| Series 6 | Investment Company Products/Variable Contracts Representative Examination | 15 July 1994 |
- Name
- Uniform Securities Agent State Law Examination
- Name
- General Securities Representative Examination
- Name
- Securities Industry Essentials Examination
- Name
- Investment Company Products/Variable Contracts Representative Examination
- Full name
- Donald Lee Parson
- CRD
- 2505491
- Firm
- Ascent Advisors · CRD 335353
- Office
- 7094 East Fish Lake Road, Maple Grove, MN 55311
- Registration
- Investment adviser registration
- In the industry since
- June 2021
- Disciplinary history
- Not yet shown here · SEC record
- Firm bio
- ascentmn.com
Where does Donald Parson work?
Donald Parson is an investment adviser representative registered through Ascent Advisors LLC since January 2026, and is not listed among the firm’s executive officers or direct owners.
Is Donald Parson a financial advisor?
Yes. Donald Parson has a current investment-adviser registration in Minnesota and Texas, through Ascent Advisors since January 2026.
How many years of experience does Donald Parson have?
Donald Parson has 5 years in the financial industry, since June 2021, across 2 adviser firms.
What exams has Donald Parson passed?
Donald Parson has passed 4 licensing exams: the Series 6, SIE, Series 63 and Series 7TO. The earliest, the Series 6, was passed in July 1994.
Where did Donald Parson work before Ascent Advisors?
Before Ascent Advisors, Donald Parson was registered through Corestone Wealth Management LLC, January 2025 to December 2025.
Where is Donald Parson based?
Donald Parson’s registered office is in Maple Grove, MN.
Is Donald Parson registered with FINRA?
No. Donald Parson has no current broker registration.
Is Donald Parson a CFA charterholder?
Ascent Advisors lists Donald Parson with the CFA credential (“Chartered Financial Analyst (CFA®)”) on its website. CFA Institute confirms certification status.
How can I verify Donald Parson’s record?
Search CRD 2505491 on the SEC’s adviser search (adviserinfo.sec.gov), which publishes Donald Parson’s full registration record.
