Advisory services are provided by Praxia Financial Services, LLC (“Praxia,” or the “Firm”), a registered investment advisor.
In rendering personalized investment advice for compensation, the Firm shall not provide follow-up or individualized responses to consumers in a particular state without first complying with the particular jurisdiction’s requirements or pursuant an applicable state exemption.
For information concerning the status or disciplinary history of a broker-dealer, investment adviser, or their representatives, consumers are advised to contact their respective state securities administrator.
Information pertaining to the Firm’s advisory operations, services, and fees is set forth in its current Form ADV Part 2 (Brochure), a copy of which is available upon request and at www.adviserinfo.sec.gov.
This website is limited to the dissemination of general information pertaining to Paritas and its advisory services. Accordingly, the presence of this website on the internet shall not be directly or indirectly interpreted by any consumer and/or prospective client as a solicitation or attempt to effect the offer or sale of any financial instrument, or the rendering of personal investment advice for compensation to persons of any jurisdiction other than the ones in which the Firm is registered as an investment adviser, unless otherwise permitted by statute.
The information contained herein is not complete and does not contain certain material information about making investments in securities including important disclosures and risk factors. All securities transactions involve substantial risk of loss. Under no circumstances does the information in this report represent a recommendation to buy or sell financial instruments of any kind.
While this website and the information contained herein have been prepared from sources that Paritas believes to be reliable, the Firm does not warrant the accuracy or completeness of such information. Further, such information and any opinions are current only as of the date indicated herein.
Sample Client Reports
The sample reporting (i.e. Paritas 360°) described herein has been prepared to serve as an example of the analysis that Paritas conducts for its clients. The client reports described herein are not intended to be a representation of predicted performance.
As with any investment strategy, an investment in Paritas involves risk, including the potential loss of some or all principal invested. Paritas does not guarantee any minimum level of investment performance or the success of any investment strategy. All investments involve risk and investment recommendations will not always be profitable. Past performance cannot assure any level of future results.
This website not constitute a complete description of the Firm’s investment services and should not be relied upon as such. Your use of this website and the information and materials contained herein, shall serve as your acknowledgement that you have read and understood all of the disclosures stated herein.
Certain statements included herein, including, without limitation, statements regarding investment goals, investment strategies, and statements as to the Firm’s beliefs, expectations, and/or opinions are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 (the “Securities Act”) and Section 21E of the Securities Exchange Act of 1934 (the “Exchange Act”) and are subject to risks and uncertainties. The risks discussed herein and throughout these Disclosures could cause actual results and developments to be materially different from those expressed in or implied by such forward-looking statements. Accordingly, the information in this website cannot be construed as to be guaranteed.
Back-Tested Performance Data
Back-tested performance is not an indication of future actual results nor does such pro forma performance information negate the lack of actual performance history of the strategies described herein. The results reflect performance of a strategy not historically offered to investors and do not represent returns that any investor actually attained.
Back-tested results are calculated by the retroactive application of a model constructed on the basis of historical data, and are therefore hypothetical in nature. Calculation of such back-tested performance data is based on assumptions integral to the model which may or may not be testable and are therefore subject to losses. Assumptions underlying these pro forma performance results include the assumptions that Paritas would have been able to purchase the securities recommended by the model, and that the markets were sufficiently liquid to permit all trading. Changes in these assumptions may have a material impact on the back-tested returns presented. Certain assumptions have been made for modeling purposes and are unlikely to be realized. No representations and warranties are made as to the reasonableness of the assumptions.
Back-tested performance is developed with the benefit of hindsight and has inherent limitations. Specifically, back-tested results do not reflect actual trading or the effect of material economic and market factors on the decision-making process. Since trades have not actually been executed, results may have under- or over-compensated for the impact, if any, of certain market factors, such as lack of liquidity, and may not reflect the impact that certain economic or market factors may have had on the decision-making process. Further, back-testing allows the security selection methodology to be adjusted until past returns are maximized.
Actual performance may differ significantly from back-tested performance. Back-tested results are adjusted to reflect the reinvestment of dividends and other income and, except where otherwise indicated, do not include the effect of back-tested transaction costs.
From time to time, Paritas may alter its investment models. As a result, the back-tested asset allocations provided herein may not reflect actual model portfolio allocations. These time varied model changes could provide favorable or unfavorable performance differences.
Back-tested performance data assumes a single investment, and involves no subsequent cash balance or cash flows in relevant calculations. Variable cash flows resulting from actual implementation of the model over time will create a material distortion from the back-tested performance data as represented herein.
Please note all regulatory considerations regarding the presentation of fees must be taken into account. Back-tested performance results set forth herein are net of the investment adviser’s highest fee applicable.
Use of Indices
Market index information shown herein, including but not limited to the S&P 500 Stock Index, Alpha Foundations, and the 60/40 MSCI ACW/Barclays Agg., are included to show relative market performance for the periods indicated and not as standards of comparison, since these are unmanaged, broadly based indices which differ in numerous respects from the Firm’s portfolio composition(s). Market index information was compiled from sources that the Firm believes to be reliable. No representation or guarantee is made hereby with respect to the accuracy or completeness of such data.
Paritas respects the privacy of all clients and prospective clients (collectively referred to herein as “Clients”), both past and present. Paritas recognizes that its Clients have entrusted the Firm with non-public personal information, and that it is important that both access persons and Clients are aware of Firm policy concerning what may be done with that information.
THE FIRM COLLECTS PERSONAL INFORMATION ABOUT CUSTOMERS FROM THE FOLLOWING SOURCES:
- Information provided by Clients to complete their investment plan or recommendation;
- Information provided by Clients in engagement agreements and other documents completed in connection with the opening and maintenance of an account;
- Information provided by Clients verbally to Paritas; and
- Information received from service providers, such as custodians, about Client transactions.
THE FIRM DOES NOT DISCLOSE NON-PUBLIC PERSONAL INFORMATION ABOUT ITS CLIENTS TO ANYONE, EXCEPT IN THE FOLLOWING CIRCUMSTANCES:
- When required to provide services requested by Clients;
- When its Clients have specifically authorized us to do so;
- When required during the course of a firm assessment (i.e., independent audit); or
- When permitted or required by law (i.e., periodic regulatory examination).
Within the Firm, access to Client information is restricted to personnel that need to know such information. All access persons and service providers understand and agree to treat all information and materials handled in the Firm’s offices as confidential, and further agree to refrain from discussing Client information with anyone else that may request information about an account unless specifically authorized in writing by the Client to do so. This includes, for example, providing information about a spouse’s IRA or to adult children about a parent’s account.
To ensure security and confidentiality, the Firm maintains physical, electronic, and procedural safeguards to protect the privacy of Client information.
CONTACT US AT:
Paritas Capital Management, LLC
10 Corbin Drive
Darien, CT 06820