Paralel Advisors LLC
Parallel Advisors, LLC is an independent wealth management and registered investment adviser firm, headquartered in San Francisco, California. Founded in 2006, the firm manages $8.7 billion in assets and serves 3,868 clients across all 50 U.S. states, providing financial planning, portfolio management, retirement plan consulting, and related services for high-net-worth individuals and families. The firm employs approximately 65 licensed financial advisors and has a total staff count of 85. Parallel Advisors is focused on delivering personalized advisory services, financial planning, and holistic wealth management designed to meet the unique goals of its clients.
Investment Strategy
Parallel Advisors utilizes a client-centric investment advisory approach, constructing and managing portfolios tailored to the unique objectives and risk profiles of each client. The firm provides discretionary and non-discretionary portfolio management services, focusing on diversification across asset classes such as stocks, ETFs, mutual funds, and bonds. Advisors work closely with clients on financial planning, tax optimization, estate and retirement planning to ensure alignment of wealth strategies with long-term goals. Their advisory fees are tiered and blended, and they emphasize active portfolio construction, asset allocation, and continuous monitoring to adapt to changing market conditions and client needs.
Top Holdings
Equity Positions (105)
| Ticker | Security | Weight | Market Value | Shares | Avg Cost | Price | Change (QoQ) |
|---|---|---|---|---|---|---|---|
B BRK-A | BERKSHIRE HATHAWAY INC DEL | 30.50% | $749.2M | 1,028 | $450662.00 | $728800.00 | -$71.6M |
J JPM | JPMORGAN CHASE & CO. | 12.13% | $298.0M | 1,028,000 | $158.35 | $289.91 | +$45.9M |
B BRK-B | BERKSHIRE HATHAWAY INC DEL | 4.96% | $121.9M | 251,000 | $299.00 | $485.77 | -$11.7M |
E EPD | ENTERPRISE PRODS PARTNERS L | 4.61% | $113.2M | 3,650,000 | $21.96 | $31.01 | -$11.4M |
M MSFT | MICROSOFT CORP | 4.05% | $99.5M | 200,000 | $232.90 | $497.41 | +$24.4M |