# Parallel Advisors, LLC

> Parallel Advisors, LLC is an SEC-registered investment advisory firm in San Francisco, CA, registered since 2007, reporting over $5 billion in regulatory assets under management in its Form ADV filing dated June 29, 2026.

- CRD: 140800
- Filed as: PARALLEL ADVISORS, LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: San Francisco, CA
- Filing period: October 2026
- Form ADV filing dated: June 29, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/140800
- AdvisorCensus page: https://advisorcensus.com/firm/parallel-advisors-llc-san-francisco-ca-140800

## Quick answers

**How is Parallel Advisors, LLC compensated?**
On its Form ADV (Item 5.E, October 2026), Parallel Advisors, LLC reports these compensation arrangements: a percentage of assets under its management; hourly charges; fixed fees (other than subscription fees).

**How much does Parallel Advisors, LLC charge?**
Its Form ADV Part 2A brochure dated June 26, 2026 states: Hourly rate: up to $1,000 an hour (financial planning and/or consulting services…); Hourly rate: $310 an hour (tax preparation services). Fees can differ by service and may be negotiable; the brochure is the complete statement.

**Where is Parallel Advisors, LLC located?**
Parallel Advisors, LLC's principal office is in San Francisco, CA, according to its Form ADV; the July 2026 filing also lists 11 other offices (Schedule D, Section 1.F).

**Is Parallel Advisors, LLC registered with the SEC or a state?**
Parallel Advisors, LLC is an SEC-registered investment advisory firm, registered since 2007. Status as filed: Approved. CRD 140800.

**How much does Parallel Advisors, LLC manage?**
Parallel Advisors, LLC reports $10,307,545,581 in regulatory assets under management in its Form ADV filing dated June 29, 2026 (100% discretionary).

**How have Parallel Advisors, LLC's assets and staff changed since 2021?**
In the Form ADV data for Parallel Advisors, LLC: Regulatory assets under management: $3,811,586,295 in the October 2021 data and $10,307,545,581 in the October 2026 data, up 170%. Total employees: 65 in October 2021 and 137 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Parallel Advisors, LLC serve?**
By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (3,156); high net worth individuals (1,013); pension and profit sharing plans (but not the plan participants or government pension plans) (39).

**Which custodians does Parallel Advisors, LLC use?**
Parallel Advisors, LLC's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Charles Schwab & Co., Inc. and National Financial Services LLC as custodians holding 10% or more of its separately managed account assets.

**Does Parallel Advisors, LLC report any disciplinary disclosures?**
Reports no disclosure items on Form ADV Item 11. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/140800

**What changed in Parallel Advisors, LLC's recent Form ADV filings?**
In the July 2026 filing data: Added an office in Walnut Creek, CA.

## From the Form ADV filing

### Compensation (Item 5.E)
- A percentage of assets under your management
- Hourly charges
- Fixed fees (other than subscription fees)

### Fees and minimums (Form ADV Part 2A brochure dated June 26, 2026)

- Hourly rate: up to $1,000 an hour (financial planning and/or consulting services…)

> Registrant’s planning and consulting fees are negotiable, but generally range up to $1,000 on an hourly rate basis, depending upon the level and scope of the service(s) required and the professional(s) rendering the service(s).

- Hourly rate: $310 an hour (tax preparation services)

> The Registrant’s hourly fee for tax preparation services is negotiable but is generally provided at $310 per hour, subject to a minimum fee of $3,000.

As stated in the firm's brochure. Fees can differ by service and may be negotiable.

### Custodians (Schedule D, Section 5.K(3))
- Charles Schwab & Co., Inc.
- National Financial Services LLC

Custodians holding 10% or more of the firm's separately managed account assets, as filed on Form ADV (Schedule D, Section 5.K(3)). A custodian holds client assets; it does not endorse or supervise the firm. AdvisorCensus has no relationship with any custodian.

### Regulatory assets under management (Item 5.F)
- Total: $10,307,545,581
- Discretionary: $10,303,921,867
- Non-discretionary: $3,623,714

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 3,156 | $3,832,388,703 |
| High net worth individuals | 1,013 | $5,437,402,891 |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | 39 | $909,681,237 |
| Charitable organizations | 8 | $24,927,499 |
| Other investment advisers | Fewer than 5 | $2,964,566 |
| Corporations or other businesses not listed above | 24 | $100,180,685 |

### Advisory services (Item 5.G)
- Financial planning services
- Portfolio management for individuals and/or small businesses
- Portfolio management for businesses (other than small businesses) or institutional clients
- Pension consulting services
- Selection of other advisers (including private fund managers)

### Firm details
- Registered since: 2007 (19 years)
- Employees: 137 total, 61 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: AK, AL, AR, AZ, CA, CO, CT, DC, DE, FL, GA, HI, IA, ID, IL, IN, KS, KY, LA, MA, MD, ME, MI, MN, MO, MS, MT, NC, ND, NE, NH, NJ, NM, NV, NY, OH, OK, OR, PA, RI, SC, SD, TN, TX, UT, VA, VT, WA, WI, WV, WY
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Other offices (Schedule D, Section 1.F), as of the July 2026 filing
- Coppell, TX
- Dallas, TX
- Dayton, OH
- Denver, CO
- Durango, CO
- Durham, NC
- Honolulu, HI
- Houston, TX
- Reno, NV
- Scottsdale, AZ
- Walnut Creek, CA

### Websites listed on Form ADV (Item 1.I)
- paralleladvisors.com
- Facebook @PARALLEL-ADVISORS-LLC-30063731639
- LinkedIn @PARALLEL-ADVISORS
- LinkedIn @amy-barker-cfa-cfp-cdfa-1b1bb81
- LinkedIn @ash-daggs-cfp®-6045934
- LinkedIn @ashley-stephenson-cfp®-66102571
- LinkedIn @austin-witherill
- LinkedIn @bob-higgins-78055617
- LinkedIn @brenden-king
- LinkedIn @bridgetmcguire
- LinkedIn @c-j-rendic-4a91817
- LinkedIn @caraelizabethbarr
- LinkedIn @carolinehburns
- LinkedIn @christopher-broderick-95179056
- LinkedIn @coreyhyde
- LinkedIn @danieldorazio28
- LinkedIn @darin-fierstein-51059648
- LinkedIn @diane-gabianelli-95884213
- LinkedIn @donald-cuppy-0b7714a
- LinkedIn @elainaserotte
- LinkedIn @evancarterjones
- LinkedIn @fredmolfinojr
- LinkedIn @fritz-linkner-cfa-0b87575
- LinkedIn @heather-katzenstein-39b04449
- LinkedIn @jakeschutt
- LinkedIn @james-mills-b5166
- LinkedIn @jason-richards-cfa-52640b8
- LinkedIn @jasonbeccaris
- LinkedIn @joan-schriger-7092648
- LinkedIn @john-stull-6396437
- LinkedIn @knud-gotterup-aams®-aif®-31b1bb
- LinkedIn @kristin-atchison-b6341322
- LinkedIn @kylecaouette
- LinkedIn @liawhislerseara
- LinkedIn @lucashatch
- LinkedIn @mark-baker-34aa861
- LinkedIn @mark-fiedler-97bb471b
- LinkedIn @matt-clements-01126317
- LinkedIn @matt-mcguire-cfp®-9131195
- LinkedIn @matthew-kennedy-mba-26b9498
- LinkedIn @michael-murray-2955b42
- LinkedIn @michael-s-millman-cfp-chfc-clu-aep-casl-ricp-chsnc-a743276
- LinkedIn @michaelpma
- LinkedIn @michaelwstephens
- LinkedIn @namore
- LinkedIn @ramon-j-polin-jd-aif-3ab5671
- LinkedIn @rickashburn
- LinkedIn @rob-henrich-cfa-cfp-3bab8915b
- LinkedIn @robertroesener
- LinkedIn @roykissin
- LinkedIn @ryan-mcweeney-2764b7183
- LinkedIn @salil-mehta-9320a5246
- LinkedIn @sangeetha-srinivasan-0a8714
- LinkedIn @shannonstone3
- LinkedIn @sharon-cohen-02459a1a
- LinkedIn @spencer-terris-59406b53
- LinkedIn @stephanie-cooper-cfp®-1b03834b
- LinkedIn @stephen-weatherby-b9a9295
- LinkedIn @steve-kuriyama-msfs-cfp®-chfc-clu-casl-48311a84
- LinkedIn @tanner-wraa-219285107
- LinkedIn @victor-liao-82936a1
- LinkedIn @william-clements-4741546
- X @PARALLELADV

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $3,811,586,295 | 65 | March 31, 2021 |
| October 2022 | $5,443,156,513 | 74 | August 26, 2022 |
| October 2023 | $5,708,131,871 | 91 | September 5, 2023 |
| October 2024 | $7,076,381,972 | 111 | July 9, 2024 |
| October 2025 | $8,735,387,332 | 126 | July 18, 2025 |
| October 2026 | $10,307,545,581 | 137 | June 29, 2026 |

Regulatory assets under management: $3,811,586,295 in the October 2021 data and $10,307,545,581 in the October 2026 data, up 170%.
Total employees: 65 in October 2021 and 137 in October 2026.

## Changes in the filing (last 12 months)

### July 2026
- Added an office in Walnut Creek, CA.

### April 2026
- Employees performing advisory functions went from 64 to 61.
- Regulatory assets under management went from $8,735,387,332 to $10,307,545,581 (+18%).
- No longer lists an office in Beverly Hills, CA.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Parallel Advisors, LLC (CRD 140800): Form ADV filing data as of October 2026.