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 organized as an LLC and SEC-registered since 2007. The firm serves a mix of individual and family clients alongside institutional relationships, acting both as a portfolio manager and a capital allocator that selects third-party managers. Its service menu includes financial planning, discretionary portfolio management for individuals and businesses, pension consulting and manager selection. Fee arrangements are flexible — percentage of AUM, hourly and fixed-fee engagements are used — and the firm identifies itself as an active ESG investor. Parallel has received industry recognition, including placement on the Financial Times Top 300 list (2020), coverage in FA Magazine (2020), and repeated inclusion in Barron’s Top 100 RIA list 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
Diane Gabianelli
President and CFOCRD 6452884
Contacts
3 of 74
Lia Seara
Wealth AdvisorCRD 5823084
Matthew Clements
PrincipalCRD 5886012
James Mills
Wealth Advisor and ShareholderCRD 5087549
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
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