Portfolio Financial Servicing Company (PFSC) was established in 1992 to manage and service a $160 million securitized equipment and vehicle portfolio beneficially owned by Parrish Equipment Partners. Parrish Equipment Partners ownership consisted of The Travelers Company, The Hillman Company and Parrish Investments.

 

In 1998, PFSC was acquired by UniCapital Corporation and was the catalyst for the UniCapital IPO in May 1998. From 1998 through 2000, PFSC functioned as the operations and information technology group for UniCapital. In December 2000, PFSC became a wholly owned subsidiary of Bank of America. In December 2005 PFSC was aquired from Bank of America by a privately held investment group. The investment group has supplied all capital investment utilized in PFSC's operations and growth platform since the acquisition. 

 

Today PFSC is one of the largest independent portfolio management and servicing companies with over $9 billion in assets under management as either primary or backup servicer.