Aiken, SC Office

Parvin Asset Management provides discretionary portfolio management to individuals, families, trusts, pension and profit‑sharing plans, charitable organizations, corporations, small businesses and investment companies, overseeing roughly $177.7 million in discretionary assets (about $1.3 million non‑discretionary) across approximately 94 client relationships. The firm also delivers limited non‑discretionary investment supervisory services to a community bank trust department and operates as sub‑adviser to registered funds through an affiliated adviser, Parvin Fund Management.

The firm uses a fundamentally driven, value-oriented process augmented by quantitative screens and third‑party research from Solari Investment Screens, with particular screening support for companies in the precious‑metals sector. Portfolio implementation spans long‑only equity strategies, hedged equity accounts that employ option contracts for downside protection, fixed‑income and ultrashort Treasury strategies, and selective private equity offerings to qualified investors.

Parvin traces its operations to Swan Asset Management (operations beginning December 2000) and is structured as a small, concentrated practice under a sole member, J. Steven Smith, which the firm discloses in its regulatory materials. Compared with many peers, Parvin’s combination of serving registered investment company clients, providing bank trust supervisory services, acting as sub‑adviser to affiliated funds, and actively using option‑based hedging and other derivatives within separately managed accounts is an uncommon mix for a firm of its size, and the brochure describes specific policies (e.g., rotation of block trades and not charging advisory fees on portions invested in its funds) intended to address potential conflicts.