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 acts as a capital allocator for both individual and family clients and institutional investors, offering financial planning and portfolio management across individual, small-business, business and institutional account types. Services explicitly include pension consulting and the selection of other advisers. Fee arrangements are flexible and include percentage-of-AUM billing alongside hourly and fixed-fee engagements. The firm identifies as an active ESG investor and is affiliated with a trust company. Parallel Advisors has appeared on several industry lists, including Financial Times’ Top 300 RIAs (2020), FA Magazine’s Top RIA Firms (2020), and Barron’s Top 100 RIA Firms for multiple years (2021–2025).
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 4JACOB SCHUTT
Chief Technology OfficerCRD 4588040
JERRY RENDIC
Principal, Founder & CEOCRD 2250186
SANGEETHA SRINIVASAN
Principal And Chief Compliance OfficerCRD 6801941
Contacts
3 of 72Ashley 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 1,095Active 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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