# Parr McKnight Wealth Management Group

> Parr McKnight Wealth Management Group is an SEC-registered investment advisory firm in Minneapolis, MN, registered since 2024, reporting $1 billion to $5 billion in regulatory assets under management in its Form ADV filing dated September 30, 2026.

- CRD: 330050
- Filed as: PARR MCKNIGHT WEALTH MANAGEMENT GROUP
- Legal name: Parr McKnight Wealth Management Group, LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Minneapolis, MN
- Filing period: October 2026
- Form ADV filing dated: September 30, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/330050
- AdvisorCensus page: https://advisorcensus.com/firm/parr-mcknight-wealth-management-group-minneapolis-mn-330050

## Quick answers

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

**Where is Parr McKnight Wealth Management Group located?**
Parr McKnight Wealth Management Group's principal office is in Minneapolis, MN, according to its Form ADV.

**Is Parr McKnight Wealth Management Group registered with the SEC or a state?**
Parr McKnight Wealth Management Group is an SEC-registered investment advisory firm, registered since 2024. Status as filed: Approved. CRD 330050.

**How much does Parr McKnight Wealth Management Group manage?**
Parr McKnight Wealth Management Group reports $1,068,581,930 in regulatory assets under management in its Form ADV filing dated September 30, 2026 (88% discretionary).

**How have Parr McKnight Wealth Management Group's assets and staff changed since 2024?**
In the Form ADV data for Parr McKnight Wealth Management Group: Regulatory assets under management: $949,203,625 in the October 2024 data and $1,068,581,930 in the October 2026 data, up 13%. Total employees: 13 in October 2024 and 14 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Parr McKnight Wealth Management Group serve?**
By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (279); high net worth individuals (162); pension and profit sharing plans (but not the plan participants or government pension plans) (162).

**Which custodians does Parr McKnight Wealth Management Group use?**
Parr McKnight Wealth Management Group's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Tradepmr by Robinhood as a custodian holding 10% or more of its separately managed account assets.

**Does Parr McKnight Wealth Management Group 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/330050

**What changed in Parr McKnight Wealth Management Group's recent Form ADV filings?**
In the October 2026 filing data: Registered or notice-filed in NY.

## From the Form ADV filing

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

### Custodians (Schedule D, Section 5.K(3))
- Tradepmr by Robinhood

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: $1,068,581,930
- Discretionary: $935,781,546
- Non-discretionary: $132,800,384

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 279 | $90,044,191 |
| High net worth individuals | 162 | $802,250,680 |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | 162 | $82,820,921 |
| Charitable organizations | 5 | $980,572 |
| Corporations or other businesses not listed above | 5 | $92,485,566 |

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

### Firm details
- Registered since: 2024 (2 years)
- Employees: 14 total, 10 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: AZ, CA, CO, FL, IL, MA, MN, NY, TN, TX, WA, WI
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Websites listed on Form ADV (Item 1.I)
- parrmcknightwmg.com

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2024 | $949,203,625 | 13 | September 26, 2024 |
| October 2025 | $952,370,875 | 14 | March 17, 2025 |
| October 2026 | $1,068,581,930 | 14 | September 30, 2026 |

Regulatory assets under management: $949,203,625 in the October 2024 data and $1,068,581,930 in the October 2026 data, up 13%.
Total employees: 13 in October 2024 and 14 in October 2026.

## Changes in the filing (last 12 months)

### October 2026
- Registered or notice-filed in NY.

### July 2026
- Registered or notice-filed in TN.

### April 2026
- Updated its list of owners and control persons (Schedule A).

### March 2026
- Employees performing advisory functions went from 5 to 10.
- Regulatory assets under management went from $952,370,875 to $1,068,581,930 (+12%).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Parr McKnight Wealth Management Group (CRD 330050): Form ADV filing data as of October 2026.