SOURCE: Parman Financial

October 15, 2008 19:05 ET

Amidst a Mounting Financial Crisis, Investors Find Solutions in Parman Financial

Boutique Brokerage Firm Sees Ramped Up Growth Due to Relationships With Top Foreign Exchange Money Managers

LOS ANGELES, CA--(Marketwire - October 15, 2008) - American Investors, bewildered by the recent fundamental failure of some of their greed-driven financial institutions, are now looking at other ways to invest. Enter Parman Financial. With their managed accounts and auto-execution investment packages geared towards the Foreign Exchange, this registered full-service brokerage firm has seen a significant increase in business. According to Parman Financial President Lyndon Parrilla, investors are in desperate need of an alternative to the instability of the US markets. He is quoted as saying: "Investors must realize that we are now playing in a global arena and the 'buy and hold' technique simply does not work anymore. People must take an active role in managing their finances because if they stick their head in the sand and ignore the problem, they will wake up to an empty retirement account and another 20 years in the work force."

The 4-year-old company has slowly but surely been garnering attention for its alternative business model that allows institutional, accredited and retail investors to be paired up with foreign exchange industry professionals. This idea of helping anyone and everyone gain access to the largest market in the world has not only caught the attention of the American public, but has also helped to fuel Parman Financial's business to new levels over the past 4 years. With the ever-increasing demand for alternative investment vehicles Parman Financial seems to be hitting the mark.

The Woodland Hills, CA-based company has had a banner year so far in 2008. Not only have they had sustained substantial growth within their client base, but they have nearly doubled their number of employees and have plans to more than double their current office space by the end of the year.

Parman Financial was founded in May of 2004 as a full-service futures and foreign exchange brokerage firm providing access to many U.S. and International exchanges. They offer a range of investment opportunities from automated programs to fully managed accounts in the Foreign Exchange.

If you'd like more information about this topic you can visit www.parmanfinancial.com, or to schedule an interview with Lyndon Parrilla, please call Sam Hindmarsh at 800-883-3003 ext 104 or email Sam at sam@parmanfinancial.com.

Contact Information

  • Contact:
    Sam Hindmarsh
    Tel. 800-883-3003 ext 104
    Email: Email Contact