{
  "crd_number": 333971,
  "slug": "parkway-wealth-management-group-llc-plano-tx-333971",
  "primary_business_name": "PARKWAY WEALTH MANAGEMENT GROUP, LLC",
  "legal_name": "PARKWAY WEALTH MANAGEMENT GROUP, LLC",
  "dbas": [],
  "city": "Plano",
  "state": "TX",
  "country": "United States",
  "cbsa_code": "19100",
  "metro": {
    "cbsa_code": "19100",
    "common_name": "Dallas",
    "msa_name": "Dallas-Fort Worth-Arlington, TX",
    "path": "/advisors/tx/dallas"
  },
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "2025-02-10",
  "years_registered": 1,
  "period": "2026-10-01",
  "filing_date": "2026-09-14",
  "carried_forward": false,
  "raum_total": 1221589261.0,
  "raum_discretionary": 1221589261.0,
  "raum_non_discretionary": 0.0,
  "raum_band": "1b_5b",
  "raum_band_label": "$1 billion to $5 billion",
  "total_employees": 27,
  "advisory_employees": 16,
  "client_count_bucket": "fewer_than_5_in_some_types",
  "clients_by_type": {
    "charitable": {
      "raum": 7435266.0,
      "count": 7
    },
    "individuals": {
      "raum": 262652803.0,
      "count": 1027
    },
    "state_municipal": {
      "raum": 1141503.0,
      "count": null,
      "fewer_than_5": true
    },
    "pension_profit_sharing": {
      "raum": 359582.0,
      "count": null,
      "fewer_than_5": true
    },
    "high_net_worth_individuals": {
      "raum": 918936642.0,
      "count": 283
    },
    "corporations_other_businesses": {
      "raum": 31063465.0,
      "count": 25
    }
  },
  "compensation_types": [
    "fixed",
    "percentage_of_aum"
  ],
  "advisory_activities": [
    "financial_planning",
    "portfolio_management_businesses_institutional",
    "portfolio_management_individuals",
    "selection_of_other_advisers"
  ],
  "wrap_fee_participant": true,
  "disclosure_yes_count": 0,
  "states_registered": [
    "AR",
    "AZ",
    "CA",
    "CO",
    "FL",
    "GA",
    "IL",
    "KS",
    "LA",
    "MI",
    "NC",
    "NE",
    "NH",
    "NY",
    "OK",
    "TN",
    "TX",
    "WA"
  ],
  "websites": [
    "https://linkedin.com/company/parkway-wealth-management-group-llc",
    "https://parkwayteam.com",
    "https://youtube.com/@parkwaywealthmanagementgroup"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/333971",
  "city_as_filed": "PLANO",
  "url": "https://advisorcensus.com/firm/parkway-wealth-management-group-llc-plano-tx-333971",
  "display_name": "Parkway Wealth Management Group, LLC",
  "summary": "Parkway Wealth Management Group, LLC is an SEC-registered investment advisory firm in Plano, TX, registered since 2025, reporting $1 billion to $5 billion in regulatory assets under management in its Form ADV filing dated September 14, 2026.",
  "citation": "AdvisorCensus. Parkway Wealth Management Group, LLC (CRD 333971): Form ADV filing data as of October 2026.",
  "registration_type_label": "SEC-registered investment adviser",
  "compensation_labels": [
    "A percentage of assets under your management",
    "Fixed fees (other than subscription fees)"
  ],
  "advisory_activity_labels": [
    "Financial planning services",
    "Portfolio management for individuals and/or small businesses",
    "Portfolio management for businesses (other than small businesses) or institutional clients",
    "Selection of other advisers (including private fund managers)"
  ],
  "quick_answers": [
    {
      "q": "How is Parkway Wealth Management Group, LLC compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), Parkway Wealth Management Group, LLC reports these compensation arrangements: a percentage of assets under its management; fixed fees (other than subscription fees)."
    },
    {
      "q": "Where is Parkway Wealth Management Group, LLC located?",
      "a": "Parkway Wealth Management Group, LLC's principal office is in Plano, TX, according to its Form ADV; the October 2026 filing also lists 4 other offices (Schedule D, Section 1.F)."
    },
    {
      "q": "Is Parkway Wealth Management Group, LLC registered with the SEC or a state?",
      "a": "Parkway Wealth Management Group, LLC is an SEC-registered investment advisory firm, registered since 2025. Status as filed: Approved. CRD 333971."
    },
    {
      "q": "How much does Parkway Wealth Management Group, LLC manage?",
      "a": "Parkway Wealth Management Group, LLC reports $1,221,589,261 in regulatory assets under management in its Form ADV filing dated September 14, 2026 (100% discretionary)."
    },
    {
      "q": "How have Parkway Wealth Management Group, LLC's assets and staff changed since 2025?",
      "a": "In the Form ADV data for Parkway Wealth Management Group, LLC: Regulatory assets under management: $1,086,309,905 in the October 2025 data and $1,221,589,261 in the October 2026 data, up 12%. Total employees: 16 in October 2025 and 27 in October 2026. Assets under management move with markets as well as with clients coming and going."
    },
    {
      "q": "What types of clients does Parkway Wealth Management Group, LLC serve?",
      "a": "By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (1,027); high net worth individuals (283); corporations or other businesses not listed above (25)."
    },
    {
      "q": "Which custodians does Parkway Wealth Management Group, LLC use?",
      "a": "Parkway Wealth Management Group, LLC's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Raymond James & Associates, Inc. as a custodian holding 10% or more of its separately managed account assets."
    },
    {
      "q": "Does Parkway Wealth Management Group, 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/333971"
    },
    {
      "q": "Does Parkway Wealth Management Group, LLC state an account minimum?",
      "a": "Its Form ADV Part 2A brochure dated March 5, 2026 says: \"Parkway does not have a minimum account size. However, at our sole discretion, we have the right to terminate our services or decline to accept an account if we feel the account is effectively too small to manage.\""
    },
    {
      "q": "What changed in Parkway Wealth Management Group, LLC's recent Form ADV filings?",
      "a": "In the April 2026 filing data: Regulatory assets under management went from $1,086,309,905 to $1,221,589,261 (+12%). Updated its list of owners and control persons (Schedule A)."
    }
  ],
  "filing_history": [
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 1086309905.0,
      "total_employees": 16,
      "filing_date": "2025-05-27"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 1221589261.0,
      "total_employees": 27,
      "filing_date": "2026-09-14"
    }
  ],
  "recent_changes": [
    {
      "period": "2026-04-01",
      "period_label": "April 2026",
      "notes": [
        "Regulatory assets under management went from $1,086,309,905 to $1,221,589,261 (+12%).",
        "Updated its list of owners and control persons (Schedule A)."
      ]
    }
  ],
  "fees_from_brochure": {
    "source": "Form ADV Part 2A brochure dated March 5, 2026",
    "tiers": [],
    "flat_rate": null,
    "stated_range": null,
    "stated_maximum": null,
    "account_minimum": "None",
    "account_minimum_may_be_waived": true,
    "minimum_annual_fee": null,
    "figures": [
      {
        "label": "Account minimum",
        "statements": [
          "Account minimum: None (the brochure says it may be waived or negotiated)"
        ],
        "quotes": [
          "Parkway does not have a minimum account size. However, at our sole discretion, we have the right to terminate our services or decline to accept an account if we feel the account is effectively too small to manage."
        ]
      }
    ],
    "quotes": [
      "Parkway does not have a minimum account size. However, at our sole discretion, we have the right to terminate our services or decline to accept an account if we feel the account is effectively too small to manage."
    ],
    "note": "As stated in the firm's brochure; fees can differ by service and may be negotiable."
  },
  "custodians": [
    {
      "name": "Raymond James & Associates, Inc.",
      "name_as_filed": "RAYMOND JAMES & ASSOCIATES, INC.",
      "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/parkway-wealth-management-group-llc-plano-tx-333971.md",
  "clients": [
    {
      "type": "individuals",
      "label": "Individuals (other than high net worth individuals)",
      "count": 1027,
      "fewer_than_5": false,
      "raum": 262652803.0
    },
    {
      "type": "high_net_worth_individuals",
      "label": "High net worth individuals",
      "count": 283,
      "fewer_than_5": false,
      "raum": 918936642.0
    },
    {
      "type": "pension_profit_sharing",
      "label": "Pension and profit sharing plans (but not the plan participants or government pension plans)",
      "count": null,
      "fewer_than_5": true,
      "raum": 359582.0
    },
    {
      "type": "charitable",
      "label": "Charitable organizations",
      "count": 7,
      "fewer_than_5": false,
      "raum": 7435266.0
    },
    {
      "type": "state_municipal",
      "label": "State or municipal government entities (including government pension plans)",
      "count": null,
      "fewer_than_5": true,
      "raum": 1141503.0
    },
    {
      "type": "corporations_other_businesses",
      "label": "Corporations or other businesses not listed above",
      "count": 25,
      "fewer_than_5": false,
      "raum": 31063465.0
    }
  ],
  "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/333971",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}