{
  "crd_number": 286527,
  "slug": "parallel-wealth-management-redding-ca-286527",
  "primary_business_name": "PARALLEL WEALTH MANAGEMENT",
  "legal_name": "PARALLEL WEALTH, LLC",
  "dbas": [],
  "city": "Redding",
  "state": "CA",
  "country": "United States",
  "cbsa_code": "39820",
  "metro": {
    "cbsa_code": "39820",
    "common_name": "Redding",
    "msa_name": "Redding, CA",
    "path": "/advisors/ca/redding"
  },
  "registration_type": "state",
  "registration_status": "APPROVED",
  "registration_date": "2017-03-17",
  "years_registered": 9,
  "period": "2026-10-01",
  "filing_date": "2026-03-16",
  "carried_forward": false,
  "raum_total": 43432492.0,
  "raum_discretionary": 43432492.0,
  "raum_non_discretionary": 0.0,
  "raum_band": "25m_100m",
  "raum_band_label": "$25 million to $100 million",
  "total_employees": 1,
  "advisory_employees": 1,
  "client_count_bucket": null,
  "clients_by_type": {
    "individuals": {
      "raum": 7517743.0,
      "count": 42
    },
    "pension_profit_sharing": {
      "raum": 1266616.0,
      "count": 6
    },
    "high_net_worth_individuals": {
      "raum": 34648133.0,
      "count": 11
    }
  },
  "compensation_types": [
    "fixed",
    "hourly",
    "percentage_of_aum"
  ],
  "advisory_activities": [
    "financial_planning",
    "portfolio_management_individuals"
  ],
  "wrap_fee_participant": false,
  "disclosure_yes_count": 1,
  "states_registered": [
    "CA"
  ],
  "websites": [
    "https://facebook.com/PARALLELWEALTH",
    "https://linkedin.com/in/dariencroce",
    "https://retiredyourway.com",
    "https://twitter.com/PARALLELWEALTH"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/286527",
  "disclosure_items": [
    {
      "item": "11.D(1)",
      "question": "Has another federal regulator, a state regulator, or a foreign financial regulator ever found that the firm or an advisory affiliate made a false statement or omission, or was dishonest, unfair, or unethical?"
    }
  ],
  "city_as_filed": "REDDING",
  "url": "https://advisorcensus.com/firm/parallel-wealth-management-redding-ca-286527",
  "display_name": "Parallel Wealth Management",
  "summary": "Parallel Wealth Management is a state-registered investment advisory firm in Redding, CA, registered since 2017, reporting $25 million to $100 million in regulatory assets under management in its Form ADV filing dated March 16, 2026.",
  "citation": "AdvisorCensus. Parallel Wealth Management (CRD 286527): Form ADV filing data as of October 2026.",
  "registration_type_label": "State-registered investment adviser",
  "compensation_labels": [
    "A percentage of assets under your management",
    "Hourly charges",
    "Fixed fees (other than subscription fees)"
  ],
  "advisory_activity_labels": [
    "Financial planning services",
    "Portfolio management for individuals and/or small businesses"
  ],
  "quick_answers": [
    {
      "q": "How is Parallel Wealth Management compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), Parallel Wealth Management reports these compensation arrangements: a percentage of assets under its management; hourly charges; fixed fees (other than subscription fees)."
    },
    {
      "q": "Where is Parallel Wealth Management located?",
      "a": "Parallel Wealth Management's principal office is in Redding, CA, according to its Form ADV."
    },
    {
      "q": "Is Parallel Wealth Management registered with the SEC or a state?",
      "a": "Parallel Wealth Management is a state-registered investment advisory firm, registered since 2017. Status as filed: APPROVED. CRD 286527."
    },
    {
      "q": "How much does Parallel Wealth Management manage?",
      "a": "Parallel Wealth Management reports $43,432,492 in regulatory assets under management in its Form ADV filing dated March 16, 2026 (100% discretionary)."
    },
    {
      "q": "What types of clients does Parallel Wealth Management serve?",
      "a": "By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (42); high net worth individuals (11); pension and profit sharing plans (but not the plan participants or government pension plans) (6)."
    },
    {
      "q": "Does Parallel Wealth Management report any disciplinary disclosures?",
      "a": "Reports 1 disclosure item on Form ADV Item 11: yes answers to 11.D(1) (another regulator's finding of a false statement or omission, or of dishonest, unfair, or unethical conduct). Each question covers the firm and its advisory affiliates, and one event can produce several yes answers. The detail of any item is on the firm's public record on IAPD: https://adviserinfo.sec.gov/firm/summary/286527"
    }
  ],
  "filing_history": [],
  "recent_changes": [],
  "fees_from_brochure": null,
  "custodians": [],
  "custodians_note": null,
  "markdown_url": "https://advisorcensus.com/firm/parallel-wealth-management-redding-ca-286527.md",
  "clients": [
    {
      "type": "individuals",
      "label": "Individuals (other than high net worth individuals)",
      "count": 42,
      "fewer_than_5": false,
      "raum": 7517743.0
    },
    {
      "type": "high_net_worth_individuals",
      "label": "High net worth individuals",
      "count": 11,
      "fewer_than_5": false,
      "raum": 34648133.0
    },
    {
      "type": "pension_profit_sharing",
      "label": "Pension and profit sharing plans (but not the plan participants or government pension plans)",
      "count": 6,
      "fewer_than_5": false,
      "raum": 1266616.0
    }
  ],
  "disclosure_line": "Reports 1 disclosure item on Form ADV Item 11.",
  "indexable": true,
  "suppressed": false,
  "claimed": false,
  "enhanced": false,
  "provided_by_the_firm": null,
  "source": {
    "name": "Form ADV",
    "as_of": "2026-10-01",
    "iapd_url": "https://adviserinfo.sec.gov/firm/summary/286527",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}