# Parcion Private Wealth LLC

> Parcion Private Wealth LLC is an SEC-registered investment advisory firm in Bellevue, WA, registered since 2019, reporting $1 billion to $5 billion in regulatory assets under management in its Form ADV filing dated March 10, 2026.

- CRD: 305115
- Filed as: PARCION PRIVATE WEALTH LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Bellevue, WA
- Filing period: October 2026
- Form ADV filing dated: March 10, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/305115
- AdvisorCensus page: https://advisorcensus.com/firm/parcion-private-wealth-llc-bellevue-wa-305115

## Quick answers

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

**Where is Parcion Private Wealth LLC located?**
Parcion Private Wealth LLC's principal office is in Bellevue, WA, according to its Form ADV.

**Is Parcion Private Wealth LLC registered with the SEC or a state?**
Parcion Private Wealth LLC is an SEC-registered investment advisory firm, registered since 2019. Status as filed: Approved. CRD 305115.

**How much does Parcion Private Wealth LLC manage?**
Parcion Private Wealth LLC reports $2,951,714,286 in regulatory assets under management in its Form ADV filing dated March 10, 2026 (72% discretionary).

**How have Parcion Private Wealth LLC's assets and staff changed since 2021?**
In the Form ADV data for Parcion Private Wealth LLC: Regulatory assets under management: $1,521,216,909 in the October 2021 data and $2,951,714,286 in the October 2026 data, up 94%. Total employees: 20 in October 2021 and 28 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Parcion Private Wealth LLC serve?**
By number of clients on Form ADV Item 5.D: high net worth individuals (106); individuals (other than high net worth individuals) (59).

**Which custodians does Parcion Private Wealth LLC use?**
Parcion Private Wealth LLC's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Fidelity Brokerage Services LLC as a custodian holding 10% or more of its separately managed account assets.

**Does Parcion Private Wealth 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/305115

**Does Parcion Private Wealth LLC state an account minimum?**
Its Form ADV Part 2A brochure dated March 10, 2026 says: "Our minimum relationship size is $10 million, though we can waive the minimum in our discretion."

**What changed in Parcion Private Wealth LLC's recent Form ADV filings?**
In the April 2026 filing data: Employees performing advisory functions went from 15 to 14. Regulatory assets under management went from $2,528,530,625 to $2,951,714,286 (+17%). Updated its list of owners and control persons (Schedule A).

## From the Form ADV filing

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

### Fees and minimums (Form ADV Part 2A brochure dated March 10, 2026)

- Account minimum: $10,000,000 (the brochure says it may be waived or negotiated)

> Our minimum relationship size is $10 million, though we can waive the minimum in our discretion.

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

### Custodians (Schedule D, Section 5.K(3))
- Fidelity Brokerage 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: $2,951,714,286
- Discretionary: $2,125,651,659
- Non-discretionary: $826,062,627

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 59 | $95,087,220 |
| High net worth individuals | 106 | $2,856,627,066 |

### Advisory services (Item 5.G)
- Financial planning services
- Portfolio management for individuals and/or small businesses
- Selection of other advisers (including private fund managers)
- Educational seminars/workshops

### Firm details
- Registered since: 2019 (6 years)
- Employees: 28 total, 14 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: AK, AZ, CA, ID, OR, TX, UT, WA
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Websites listed on Form ADV (Item 1.I)
- parcionpw.com
- Facebook @parcionpw
- Instagram @parcion_pw
- LinkedIn @29349000
- X @ParcionPW

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $1,521,216,909 | 20 | October 1, 2021 |
| October 2022 | $2,113,627,547 | 22 | March 30, 2022 |
| October 2023 | $1,745,409,940 | 28 | April 19, 2023 |
| October 2024 | $2,193,318,212 | 29 | March 22, 2024 |
| October 2025 | $2,528,530,625 | 25 | April 30, 2025 |
| October 2026 | $2,951,714,286 | 28 | March 10, 2026 |

Regulatory assets under management: $1,521,216,909 in the October 2021 data and $2,951,714,286 in the October 2026 data, up 94%.
Total employees: 20 in October 2021 and 28 in October 2026.

## Changes in the filing (last 12 months)

### April 2026
- Employees performing advisory functions went from 15 to 14.
- Regulatory assets under management went from $2,528,530,625 to $2,951,714,286 (+17%).
- Updated its list of owners and control persons (Schedule A).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Parcion Private Wealth LLC (CRD 305115): Form ADV filing data as of October 2026.