Parallel Advisors, LLC
Firm details
- Headquarters
- San Francisco, California
- CRD number
- 140800
- Registered since
- June 26, 2007
- Website
- www.paralleladvisors.com
- Custodians
- NATIONAL FINANCIAL SERVICES LLC, CHARLES SCHWAB & CO., INC.
- Fee structure
- Percentage of AUM, Hourly Charges, Fixed Fees
- Client types
- HNWI52.75%
- Individuals37.18%
- Pension & Profit Sharing Plans8.83%
- Corporations / Businesses0.97%
- Charitable Organizations0.24%
- Services
- Financial PlanningPortfolio Management for IndividualsPortfolio Management for Institutional ClientsPension ConsultingSelection of Other Advisers
Firm profile
FINTRXOverview
Parallel Advisors, LLC is an independent registered investment adviser that acts as both portfolio manager and capital allocator for individuals, families and institutional clients. The firm provides financial planning, portfolio management for individuals and small businesses as well as for institutions, pension consulting and manager selection. Parallel identifies itself as an active ESG investor and uses a mix of fee arrangements — percentage of AUM, hourly and fixed fees — depending on client needs. The firm has been recognized in industry rankings, including placements by Financial Times (Top 300 RIAs, 2020), FA Magazine (Top RIA Firms, 2020) and repeated Top 100 listings in Barron’s from 2021 through 2025.
Assets & Accounts
Public Holdings
Investments & Alternatives
Location & Offices
Investment profile
FINTRXTraditional investments used
Alternative investments used
Active ESG investor
Technology & operations
FINTRXCRM & tech providers
TAMPs used
Clients
FINTRXClient base
Client personas
Asset composition
- Public Funds/Mutual Funds35%
- Exchange Traded Equities34%
- Other9%
- Cash & Cash Equivalents7%
- State & Local Bonds5%
Owners & executives
3 of 4
Jacob Schutt
Chief Technology OfficerCRD 4588040
Jerry Rendic
Principal, Founder & CEOCRD 2250186
Sangeetha Srinivasan
Principal And Chief Compliance OfficerCRD 6801941
Contacts
3 of 74
Ashley Stephenson
Senior Operations ManagerCRD 7461163
Karen Mcmillan
Wealth AdvisorCRD 4567056
Matthew Clements
PrincipalCRD 5886012
Wealth teams
FINTRXNewly hired reps
FINTRXRecent M&A activity
FINTRXRecent filings
FINTRXAwards
FINTRXETF holdings
1 of 1,145Active vs passive
$3.6B in ETFs
76%
$2.7B
20%
$848M
| ETF | Provider | Style | Category | Value | Shares | % of portfolio |
|---|---|---|---|---|---|---|
| ISHARES CORE S&P 500 ETF (IVV) | BlackRock | Passive | Large Blend | $809M | 1,080,659 | 22.53% |
Location
San Francisco, CA
San Francisco
Location
San Francisco, CA
Headquartered in San Francisco, CA, anchoring the San Jose-San Francisco-Oakland, CA metro in the West.
- Metro area
- San Jose-San Francisco-Oakland, CA
- Region
- West
- County
- San Francisco
- Address
- 150 Spear St
- Time zone
- PT (UTC-8)
- Office locations
Similar firms
Algert Global LLC
RIASan Francisco, CA
Generation Investment Management US LLP
RIASan Francisco, CA
Seven Post Investment Office LP
RIASan Francisco, CA
Golden Gate Capital
RIASan Francisco, CA
Valueact Capital Management, L.P.
RIASan Francisco, CA
Perigon Wealth Management, LLC
RIASan Francisco, CA