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 a capital allocator for both individual/family and institutional clients. Founded before 2007 (SEC-registered in 2007), the firm provides financial planning, portfolio management for individuals, small businesses and institutions, pension consulting, and the selection of other advisers. The firm describes itself as an active ESG investor and maintains an affiliation with a trust company for certain client needs. Fee arrangements include percentage-of-AUM billing as well as hourly and fixed-fee engagements. The firm has been recognized in industry rankings, appearing on Financial Times’ Top 300 RIAs and FA Magazine’s Top RIA list in 2020, and on Barron’s Top 100 RIA Firms list consistently 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 1,097Active vs passive
$3.1B in ETFs
77%
$2.4B
21%
$726M
| ETF | Provider | Style | Category | Value | Shares | % of portfolio |
|---|---|---|---|---|---|---|
| ISHARES CORE S&P 500 ETF (IVV) | BlackRock | Passive | Large Blend | $698M | 1,068,916 | 22.50% |
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
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