AdvisorCensus / Financial advisors / Texas / Abilene / Parkway Advisors, L.P.
Parkway Advisors, L.P. is an SEC-registered investment advisory firm in Abilene, TX, registered since 2001, reporting $1 billion to $5 billion in regulatory assets under management in its Form ADV filing dated March 13, 2026.
Quick answers
From the filingHow is Parkway Advisors, L.P. compensated?
On its Form ADV (Item 5.E, October 2026), Parkway Advisors, L.P. reports these compensation arrangements: a percentage of assets under its management; fixed fees (other than subscription fees).
Where is Parkway Advisors, L.P. located?
Parkway Advisors, L.P.'s principal office is in Abilene, TX, according to its Form ADV.
Is Parkway Advisors, L.P. registered with the SEC or a state?
Parkway Advisors, L.P. is an SEC-registered investment advisory firm, registered since 2001. Status as filed: Approved. CRD 112629.
How much does Parkway Advisors, L.P. manage?
Parkway Advisors, L.P. reports $4,128,773,526 in regulatory assets under management in its Form ADV filing dated March 13, 2026 (93% discretionary).
How have Parkway Advisors, L.P.'s assets and staff changed since 2021?
In the Form ADV data for Parkway Advisors, L.P.: Regulatory assets under management: $3,821,131,784 in the October 2021 data and $4,128,773,526 in the October 2026 data, up 8%. Total employees: 11 in October 2021 and 16 in October 2026. Assets under management move with markets as well as with clients coming and going.
What types of clients does Parkway Advisors, L.P. serve?
By number of clients on Form ADV Item 5.D: insurance companies (44); corporations or other businesses not listed above (7); pension and profit sharing plans (but not the plan participants or government pension plans) (3).
Which custodians does Parkway Advisors, L.P. use?
Parkway Advisors, L.P.'s most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Raymond James & Associates, Inc. and US Bank as custodians holding 10% or more of its separately managed account assets.
Does Parkway Advisors, L.P. 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/112629
Does Parkway Advisors, L.P. state an account minimum?
Its Form ADV Part 2A brochure dated March 13, 2026 says: "A minimum amount is not required to open an account that will be managed by Parkway."
What changed in Parkway Advisors, L.P.'s recent Form ADV filings?
In the April 2026 filing data: Regulatory assets under management went from $3,510,102,204 to $4,128,773,526 (+18%). Registered or notice-filed in LA, NY.
From the Form ADV filing
Every figure below is as the firm filed it with regulators, as of October 2026.
How the firm is compensated
Item 5.E- A percentage of assets under your management
- Fixed fees (other than subscription fees)
Item 5.E lists how the firm is compensated for its advice; Items 5.B, 6.A, and 7.A show whether its people or related companies can also earn commissions. Percentage of assets, fixed, hourly, subscription, and performance-based fees come from clients (a performance-based fee depends on investment results); commissions come with a sale or a trade, often from the company behind the product. How fees, commissions, and other arrangements differ
Fees and minimums
Form ADV Part 2AThe brochure lists different fees for different services or strategies; see the brochure for them.
Account minimum: None
The brochure's wording
A minimum amount is not required to open an account that will be managed by Parkway.
As stated in the firm's Form ADV Part 2A brochure dated March 13, 2026. Fees can differ by service and may be negotiable; the brochure is the complete statement. Read the brochure on the SEC's IAPD site
Regulatory assets under management
Item 5.F$4,128,773,526 as of October 2026, filing dated March 13, 2026.
A measure of scale, not skill or returns. Discretionary means the firm decides trades; non-discretionary means clients approve each one. What assets under management means
Who the firm serves
Item 5.DA firm with no individual clients is an institutional manager even if it manages billions; the mix tells you whom the practice is built around.
Advisory services
Item 5.G- Portfolio management for individuals and/or small businesses
- Portfolio management for investment companies (and business development companies)
- Portfolio management for businesses (other than small businesses) or institutional clients
- Pension consulting services
- Other
Registration and firm details
Items 1, 2, 5- Registration
- SEC-registered investment adviser. Status as filed: Approved.
- Registered since
- 2001 (25 years)
- Employees
- Total: 16. Performing investment advisory functions: 10.
- Wrap fee program participation
- No.
- Custodians (Schedule D, Section 5.K(3))
-
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.
- States registered or notice-filed
-
8 states or jurisdictions
SEC-registered investment advisers are examined by the SEC. SEC, state, and exempt registration
Disclosures
Item 11None Reports no disclosure items on Form ADV Item 11. View on IAPD.
Item 11 asks about criminal, regulatory, and civil events involving the firm and its advisory personnel. The detail of each yes answer is on the IAPD record. Reading a firm's disclosures
Assets and staff over time
Items 5.A, 5.F| Data period | Assets under management | Employees | Filing dated |
|---|---|---|---|
| October 2026 | $4,128,773,526 | 16 | March 13, 2026 |
| October 2025 | $3,510,102,204 | 17 | March 26, 2025 |
| October 2024 | $3,403,431,715 | 15 | March 26, 2024 |
| October 2023 | $3,193,222,063 | 14 | March 30, 2023 |
| October 2022 | $3,717,642,609 | 12 | March 28, 2022 |
| October 2021 | $3,821,131,784 | 11 | March 30, 2021 |
Regulatory assets under management: $3,821,131,784 in the October 2021 data and $4,128,773,526 in the October 2026 data, up 8%.
Total employees: 11 in October 2021 and 16 in October 2026.
As filed in each year's data for the same month. Assets under management move with markets as well as with clients coming and going; they measure scale, not skill or returns. Most firms update these figures once a year.
Changes in the filing
Last 12 months- April 2026
- Regulatory assets under management went from $3,510,102,204 to $4,128,773,526 (+18%).
- Registered or notice-filed in LA, NY.
- February 2026
- Employees performing advisory functions went from 11 to 10.
- Updated its list of owners and control persons (Schedule A).
Compared month to month from the SEC's monthly adviser data and the state compilation feed. Owners and control persons are summarized, never named.
Websites listed on Form ADV
Item 1.ISource: Form ADV, as of October 2026. Values appear as filed; a value the firm did not report is shown as "Not reported."
Cite this page
AdvisorCensus. Parkway Advisors, L.P. (CRD 112629): Form ADV filing data as of October 2026. https://advisorcensus.com/firm/parkway-advisors-l-p-abilene-tx-112629