PARVIN ASSET MANAGEMENT, LLC

RIASEC RegisteredEst. 2021
Total AUM
$179M
Discretionary
$178M
99% of AUM
Avg account
$595K
Accounts
301
Employees
6
Advisory reps
3

Firm details

Headquarters
SIOUX FALLS, South Dakota
CRD number
315701
Registered since
August 2, 2021
Custodians
CHARLES SCHWAB & CO., INC., SEI INVESTMENTS CO.
Fee structure
Percentage of AUM
Client types
  • HNWI80.76%
  • Individuals11.4%
  • Investment Companies5.66%
  • Charitable Organizations0.77%
  • Banking / Thrift Institutions0.72%
Services
Portfolio Management for IndividualsPortfolio Management for Investment CompaniesPortfolio Management for Institutional Clients

Firm profile

FINTRX

Overview

Parvin Asset Management, LLC is a small independent RIA that favors listed equity exposure as its core allocation while supplementing portfolios with fixed income mutual funds and targeted alternative strategies. The firm provides discretionary portfolio management primarily to individuals, families and institutions, charging a percentage-of-AUM fee. Parvin emphasizes liquid, exchange‑traded instruments for bulk exposure and uses third‑party private equity and hedge fund managers to add non‑correlated return streams. The adviser is not positioned as an active ESG investor. Parvin was registered with the SEC in 2021 and is owned by an individual principal. Its advisory mandate covers separate account management for individuals and small businesses as well as portfolio management for investment companies and institutional clients.

Assets & Accounts

Public Holdings

Investments & Alternatives

Location & Offices

Investment profile

FINTRX

Traditional investments used

Alternative investments used

Active ESG investor

Technology & operations

FINTRX

CRM & tech providers

TAMPs used

Clients

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Client base

Client personas

Asset composition

Asset composition: Exchange Traded Equities 70%, Cash & Cash Equivalents 11%, US Government Bonds 9%, Public Funds/Mutual Funds 8%, Investment Grade Corp Bonds 1%, Derivatives 1%70%
  • Exchange Traded Equities70%
  • Cash & Cash Equivalents11%
  • US Government Bonds9%
  • Public Funds/Mutual Funds8%
  • Investment Grade Corp Bonds1%

Contacts

3 of 3
  • TODD KEATING

    Managing DirectorCRD 2366291

  • JAMES SMITH

    Managing Director & Portfolio ManagerCRD 1094733

  • RICHARD PRESTON

    Director - Capital MarketsCRD 1921622

Wealth teams

FINTRX

Newly hired reps

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Recent M&A activity

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Recent filings

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Awards

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Location

Primary office

SIOUX FALLS, SD

MINNEHAHA

Location

SIOUX FALLS, SD

Headquartered in SIOUX FALLS, SD, in the Midwest of the United States.

Region
Midwest
County
MINNEHAHA
Address
401 E 8th St
Time zone
CT (UTC-6)
Office locations

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Source: FINTRX private wealth data intelligence

Intelligence for Private Wealth