Parkside Financial Bank & Trust
Parkside Financial Bank & Trust is a privately held commercial bank and trust company headquartered in Saint Louis, Missouri. Founded in 2008, it offers commercial banking, trust, family office, and 401(k) plan services to privately-held businesses, their owners and operators, and high net worth individuals. The firm operates with a focus on personalized financial solutions, wealth management, and trust services, and maintains a single full-service branch in Clayton, Missouri. Parkside's employee count is estimated to be between 50 and 100, and it serves both business and individual clients with a high-touch, integrated approach to financial advisory and banking.
Investment Strategy
Parkside Financial Bank & Trust employs a tailored, objective investment management approach. The firm does not use proprietary funds or earn commissions, allowing for unbiased advice. Investment strategies are customized to meet client goals, objectives, and risk tolerance, with an emphasis on balancing risk for current and future beneficiaries, maximizing after-tax income, and protecting investments in challenging market environments. The firm leverages industry-leading research, diverse asset classes, and alternative investments to create well-designed, outcome-driven portfolios for trusts, individuals, and business clients.
Top Holdings
Equity Positions (2,690)
| Ticker | Security | Weight | Market Value | Shares | Avg Cost | Price | Change (QoQ) |
|---|---|---|---|---|---|---|---|
V VONG | VANGUARD SCOTTSDALE FDS | 4.17% | $38.8M | 355,061 | $76.43 | $109.20 | +$6.6M |
A AAPL | APPLE INC | 4.01% | $37.3M | 181,824 | $115.05 | $205.17 | -$1.2M |
I IWF | ISHARES TR | 3.77% | $35.1M | 82,574 | $106.51 | $424.58 | +$4.7M |
V VONV | VANGUARD SCOTTSDALE FDS | 3.40% | $31.6M | 371,164 | $71.32 | $85.21 | +$2.5M |
M MSFT | MICROSOFT CORP | 3.09% | $28.7M | 57,693 | $275.43 | $497.41 | +$9.2M |
Options Positions (2)
| Ticker | Security | Action | Type | Notional Value | Contracts | Underlying Price | Premium Paid | Change (Contracts) | Change (Value) |
|---|---|---|---|---|---|---|---|---|---|
S SPY | SPDR S&P 500 ETF TR | — | Put | $2.2M | 36 | $617.85 | $573.76 | 0 | +$210.5K |
A AAPL | APPLE INC | Bought | Put | $123.1K | 6 | $205.17 | $213.65 | +3 | +$56.5K |