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Parke, Michael Clare (Dickinson)


Parke, Michael Clare is a large advisory firm based in Dickinson. It manages $27.37 million of regulatory assets for 162 client accounts. It has been registered with the SEC as an adviser since 2008 and has operated in the jurisdiction of North Dakota.

Parke, Michael Clare provides financial planning services, portfolio management for individuals and small businesses, portfolio management for pooled investment vehicles, portfolio management for businesses and institutional clients, and pension consulting services. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Parke, Michael Clare: assets under management

The assets under management (AUM) of Parke, Michael Clare is $27.37 million, all of which is managed in discretionary accounts. The firm's AUM has gone down by -18% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.


The firm manages $27.37 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $168.97 thousand each.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Parke, Michael Clare for their services and products based on a percentage of assets under management, hourly charges, and fixed fees. Flat-fee based compensation is the most transparent and the one you can safely predict in advance. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

Based in Dickinson

The principal office where Parke, Michael Clare performs its advisory services is located at 148 3 Rd Avenue West, Dickinson, ND 58601, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 701 483-4312 or by fax 701-483-4314. The normal business hours are 8:00 am - 4:00 pm on Monday - Friday.


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