{
  "crd_number": 286388,
  "slug": "parisi-gray-wealth-management-llc-mendham-nj-286388",
  "primary_business_name": "PARISI GRAY WEALTH MANAGEMENT, LLC",
  "legal_name": "PARISI GRAY WEALTH MANAGEMENT, LLC",
  "dbas": [],
  "city": "Mendham",
  "state": "NJ",
  "country": "United States",
  "cbsa_code": "35620",
  "metro": {
    "cbsa_code": "35620",
    "common_name": "New York",
    "msa_name": "New York-Newark-Jersey City, NY-NJ",
    "path": "/advisors/ny/new-york"
  },
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "2016-12-28",
  "years_registered": 9,
  "period": "2026-10-01",
  "filing_date": "2026-02-05",
  "carried_forward": false,
  "raum_total": 796049461.0,
  "raum_discretionary": 781786457.0,
  "raum_non_discretionary": 14263004.0,
  "raum_band": "500m_1b",
  "raum_band_label": "$500 million to $1 billion",
  "total_employees": 7,
  "advisory_employees": 2,
  "client_count_bucket": null,
  "clients_by_type": {
    "individuals": {
      "raum": 40174549.0,
      "count": 95
    },
    "high_net_worth_individuals": {
      "raum": 755874912.0,
      "count": 108
    }
  },
  "compensation_types": [
    "percentage_of_aum"
  ],
  "advisory_activities": [
    "financial_planning",
    "portfolio_management_individuals",
    "selection_of_other_advisers"
  ],
  "wrap_fee_participant": false,
  "disclosure_yes_count": 0,
  "states_registered": [
    "CA",
    "FL",
    "NJ",
    "NY",
    "PA",
    "TX",
    "VA"
  ],
  "websites": [
    "https://facebook.com/PARISIGRAY",
    "https://instagram.com/parisigray",
    "https://linkedin.com/company/93341651/admin/feed/posts",
    "https://parisigray.com",
    "https://x.com/parisigray",
    "https://youtube.com/@ParisiMarketInsights/featured"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/286388",
  "city_as_filed": "MENDHAM",
  "url": "https://advisorcensus.com/firm/parisi-gray-wealth-management-llc-mendham-nj-286388",
  "display_name": "Parisi Gray Wealth Management, LLC",
  "summary": "Parisi Gray Wealth Management, LLC is an SEC-registered investment advisory firm in Mendham, NJ, registered since 2016, reporting $500 million to $1 billion in regulatory assets under management in its Form ADV filing dated February 5, 2026.",
  "citation": "AdvisorCensus. Parisi Gray Wealth Management, LLC (CRD 286388): Form ADV filing data as of October 2026.",
  "registration_type_label": "SEC-registered investment adviser",
  "compensation_labels": [
    "A percentage of assets under your management"
  ],
  "advisory_activity_labels": [
    "Financial planning services",
    "Portfolio management for individuals and/or small businesses",
    "Selection of other advisers (including private fund managers)"
  ],
  "quick_answers": [
    {
      "q": "How is Parisi Gray Wealth Management, LLC compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), Parisi Gray Wealth Management, LLC reports these compensation arrangements: a percentage of assets under its management."
    },
    {
      "q": "How much does Parisi Gray Wealth Management, LLC charge?",
      "a": "Its Form ADV Part 2A brochure dated February 5, 2026 states: Asset-based fee: up to 2% of assets a year (the maximum the brochure states). Fees can differ by service and may be negotiable; the brochure is the complete statement."
    },
    {
      "q": "Where is Parisi Gray Wealth Management, LLC located?",
      "a": "Parisi Gray Wealth Management, LLC's principal office is in Mendham, NJ, according to its Form ADV."
    },
    {
      "q": "Is Parisi Gray Wealth Management, LLC registered with the SEC or a state?",
      "a": "Parisi Gray Wealth Management, LLC is an SEC-registered investment advisory firm, registered since 2016. Status as filed: Approved. CRD 286388."
    },
    {
      "q": "How much does Parisi Gray Wealth Management, LLC manage?",
      "a": "Parisi Gray Wealth Management, LLC reports $796,049,461 in regulatory assets under management in its Form ADV filing dated February 5, 2026 (98% discretionary)."
    },
    {
      "q": "How have Parisi Gray Wealth Management, LLC's assets and staff changed since 2021?",
      "a": "In the Form ADV data for Parisi Gray Wealth Management, LLC: Regulatory assets under management: $506,587,208 in the October 2021 data and $796,049,461 in the October 2026 data, up 57%. Total employees: 5 in October 2021 and 7 in October 2026. Assets under management move with markets as well as with clients coming and going."
    },
    {
      "q": "What types of clients does Parisi Gray Wealth Management, LLC serve?",
      "a": "By number of clients on Form ADV Item 5.D: high net worth individuals (108); individuals (other than high net worth individuals) (95)."
    },
    {
      "q": "Which custodians does Parisi Gray Wealth Management, LLC use?",
      "a": "Parisi Gray Wealth Management, LLC's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Pershing LLC as a custodian holding 10% or more of its separately managed account assets."
    },
    {
      "q": "Does Parisi Gray Wealth Management, LLC report any disciplinary disclosures?",
      "a": "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/286388"
    },
    {
      "q": "Does Parisi Gray Wealth Management, LLC state an account minimum?",
      "a": "Its Form ADV Part 2A brochure dated February 5, 2026 says: \"Parisi Gray generally does not impose a minimum size for establishing a relationship.\""
    },
    {
      "q": "What changed in Parisi Gray Wealth Management, LLC's recent Form ADV filings?",
      "a": "In the March 2026 filing data: Regulatory assets under management went from $689,911,655 to $796,049,461 (+15%)."
    }
  ],
  "filing_history": [
    {
      "period": "2021-10-01",
      "regulatory_assets_under_management": 506587208.0,
      "total_employees": 5,
      "filing_date": "2021-02-24"
    },
    {
      "period": "2022-10-01",
      "regulatory_assets_under_management": 569327215.0,
      "total_employees": 5,
      "filing_date": "2022-05-26"
    },
    {
      "period": "2023-10-01",
      "regulatory_assets_under_management": 483686625.0,
      "total_employees": 5,
      "filing_date": "2023-03-31"
    },
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": 574689848.0,
      "total_employees": 6,
      "filing_date": "2024-02-09"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 689911655.0,
      "total_employees": 6,
      "filing_date": "2025-01-21"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 796049461.0,
      "total_employees": 7,
      "filing_date": "2026-02-05"
    }
  ],
  "recent_changes": [
    {
      "period": "2026-03-01",
      "period_label": "March 2026",
      "notes": [
        "Regulatory assets under management went from $689,911,655 to $796,049,461 (+15%)."
      ]
    },
    {
      "period": "2026-01-01",
      "period_label": "January 2026",
      "notes": [
        "No longer registered or notice-filed in GA."
      ]
    }
  ],
  "fees_from_brochure": {
    "source": "Form ADV Part 2A brochure dated February 5, 2026",
    "provided_by_the_firm": false,
    "tiers": [],
    "flat_rate": null,
    "stated_range": null,
    "stated_maximum": "2% of assets a year",
    "account_minimum": "None",
    "account_minimum_may_be_waived": false,
    "minimum_annual_fee": null,
    "planning_fees": [],
    "figures": [
      {
        "label": "Asset-based fee",
        "statements": [
          "Asset-based fee: up to 2% of assets a year (the maximum the brochure states)"
        ],
        "quotes": [
          "Investment advisory fees are based on the market value of assets under management at the end of the prior calendar quarter. Investment advisory fees range up to 2.00% annually based on several factors, including: the complexity of the services to be provided, the level of assets to be managed, and the overall relationship with the Advisor.",
          "Fees are negotiable at the sole discretion of the Advisor."
        ]
      },
      {
        "label": "Account minimum",
        "statements": [
          "Account minimum: None"
        ],
        "quotes": [
          "Parisi Gray generally does not impose a minimum size for establishing a relationship."
        ]
      }
    ],
    "values": {
      "tiers": [],
      "range_pct": null,
      "max_pct": 2.0,
      "account_minimum": 0.0,
      "minimum_annual_fee": null,
      "planning": []
    },
    "quotes": [
      "Investment advisory fees are based on the market value of assets under management at the end of the prior calendar quarter. Investment advisory fees range up to 2.00% annually based on several factors, including: the complexity of the services to be provided, the level of assets to be managed, and the overall relationship with the Advisor.",
      "Fees are negotiable at the sole discretion of the Advisor.",
      "Parisi Gray generally does not impose a minimum size for establishing a relationship."
    ],
    "note": "As stated in the firm's brochure; fees can differ by service and may be negotiable."
  },
  "custodians": [
    {
      "name": "Pershing LLC",
      "name_as_filed": "PERSHING LLC",
      "affiliated": false
    }
  ],
  "custodians_note": "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.",
  "markdown_url": "https://advisorcensus.com/firm/parisi-gray-wealth-management-llc-mendham-nj-286388.md",
  "clients": [
    {
      "type": "individuals",
      "label": "Individuals (other than high net worth individuals)",
      "count": 95,
      "fewer_than_5": false,
      "raum": 40174549.0
    },
    {
      "type": "high_net_worth_individuals",
      "label": "High net worth individuals",
      "count": 108,
      "fewer_than_5": false,
      "raum": 755874912.0
    }
  ],
  "disclosure_line": "Reports no disclosure items on Form ADV Item 11.",
  "disclosure_items": [],
  "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/286388",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}