{
  "crd_number": 338169,
  "slug": "parrot-finance-inc-338169",
  "primary_business_name": "PARROT FINANCE, INC.",
  "legal_name": "PARROT FINANCE, INC.",
  "dbas": [],
  "city": null,
  "state": null,
  "country": null,
  "cbsa_code": null,
  "metro": null,
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "2025-09-25",
  "years_registered": 1,
  "period": "2026-10-01",
  "filing_date": "2026-04-22",
  "carried_forward": false,
  "raum_total": 30120451.0,
  "raum_discretionary": 30120451.0,
  "raum_non_discretionary": 0.0,
  "raum_band": "25m_100m",
  "raum_band_label": "$25 million to $100 million",
  "total_employees": 5,
  "advisory_employees": 1,
  "client_count_bucket": null,
  "clients_by_type": {
    "individuals": {
      "raum": 30120451.0,
      "count": 10134
    }
  },
  "compensation_types": [
    "fixed"
  ],
  "advisory_activities": [
    "portfolio_management_individuals"
  ],
  "wrap_fee_participant": false,
  "disclosure_yes_count": 0,
  "states_registered": [
    "AK",
    "AL",
    "AR",
    "AZ",
    "CA",
    "CO",
    "CT",
    "DC",
    "DE",
    "FL",
    "GA",
    "HI",
    "IA",
    "ID",
    "IL",
    "IN",
    "KS",
    "KY",
    "LA",
    "MA",
    "MD",
    "ME",
    "MI",
    "MN",
    "MO",
    "MS",
    "MT",
    "NC",
    "ND",
    "NE",
    "NH",
    "NJ",
    "NM",
    "NV",
    "NY",
    "OH",
    "OK",
    "OR",
    "PA",
    "PR",
    "RI",
    "SC",
    "SD",
    "TN",
    "TX",
    "UT",
    "VA",
    "VI",
    "VT",
    "WA",
    "WI",
    "WV",
    "WY"
  ],
  "websites": [
    "https://parrotfinance.io"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/338169",
  "city_as_filed": null,
  "url": "https://advisorcensus.com/firm/parrot-finance-inc-338169",
  "display_name": "Parrot Finance, Inc.",
  "summary": "Parrot Finance, Inc. is an SEC-registered investment advisory firm, registered since 2025, reporting $25 million to $100 million in regulatory assets under management in its Form ADV filing dated April 22, 2026.",
  "citation": "AdvisorCensus. Parrot Finance, Inc. (CRD 338169): Form ADV filing data as of October 2026.",
  "registration_type_label": "SEC-registered investment adviser",
  "compensation_labels": [
    "Fixed fees (other than subscription fees)"
  ],
  "advisory_activity_labels": [
    "Portfolio management for individuals and/or small businesses"
  ],
  "quick_answers": [
    {
      "q": "How is Parrot Finance, Inc. compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), Parrot Finance, Inc. reports these compensation arrangements: fixed fees (other than subscription fees)."
    },
    {
      "q": "How much does Parrot Finance, Inc. charge?",
      "a": "Its Form ADV Part 2A brochure dated January 9, 2026 states: Subscription: $24 a quarter (subscribing to our premium service and having access to the portfolios we…); Subscription: $76 a year (subscribing to our premium service and having access to the portfolios we…). Fees can differ by service and may be negotiable; the brochure is the complete statement."
    },
    {
      "q": "Is Parrot Finance, Inc. registered with the SEC or a state?",
      "a": "Parrot Finance, Inc. is an SEC-registered investment advisory firm, registered since 2025. Status as filed: Approved. CRD 338169."
    },
    {
      "q": "How much does Parrot Finance, Inc. manage?",
      "a": "Parrot Finance, Inc. reports $30,120,451 in regulatory assets under management in its Form ADV filing dated April 22, 2026 (100% discretionary)."
    },
    {
      "q": "What types of clients does Parrot Finance, Inc. serve?",
      "a": "By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (10,134)."
    },
    {
      "q": "Which custodians does Parrot Finance, Inc. use?",
      "a": "Parrot Finance, Inc.'s most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Robinhood Securities, LLC as a custodian holding 10% or more of its separately managed account assets."
    },
    {
      "q": "Does Parrot Finance, Inc. 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/338169"
    },
    {
      "q": "Does Parrot Finance, Inc. state an account minimum?",
      "a": "Its Form ADV Part 2A brochure dated January 9, 2026 says: \"Parrot provides their portfolio services to individuals. There is a minimum account size of $250.00.\""
    },
    {
      "q": "What changed in Parrot Finance, Inc.'s recent Form ADV filings?",
      "a": "In the May 2026 filing data: Registered or notice-filed in AK, AL, AR, AZ, CO, CT, DC, DE, FL, GA, HI, IA, ID, IL, IN, KS, KY, LA, MA, MD, ME, MI, MN, MO, MS, MT, NC, ND, NE, NH, NJ, NM, NV, NY, OH, OK, OR, PA, PR, RI, SC, SD, TN, TX, UT, VA, VI, VT, WA, WI, WV, WY."
    }
  ],
  "filing_history": [],
  "recent_changes": [
    {
      "period": "2026-05-01",
      "period_label": "May 2026",
      "notes": [
        "Registered or notice-filed in AK, AL, AR, AZ, CO, CT, DC, DE, FL, GA, HI, IA, ID, IL, IN, KS, KY, LA, MA, MD, ME, MI, MN, MO, MS, MT, NC, ND, NE, NH, NJ, NM, NV, NY, OH, OK, OR, PA, PR, RI, SC, SD, TN, TX, UT, VA, VI, VT, WA, WI, WV, WY."
      ]
    },
    {
      "period": "2026-02-01",
      "period_label": "February 2026",
      "notes": [
        "Regulatory assets under management went from $0 to $30,120,451."
      ]
    },
    {
      "period": "2025-12-01",
      "period_label": "December 2025",
      "notes": [
        "Newly registered with the SEC."
      ]
    }
  ],
  "fees_from_brochure": {
    "source": "Form ADV Part 2A brochure dated January 9, 2026",
    "provided_by_the_firm": false,
    "tiers": [],
    "flat_rate": null,
    "stated_range": null,
    "stated_maximum": null,
    "account_minimum": "$250",
    "account_minimum_may_be_waived": false,
    "minimum_annual_fee": null,
    "planning_fees": [
      "Subscription: $24 a quarter (subscribing to our premium service and having access to the portfolios we…)",
      "Subscription: $76 a year (subscribing to our premium service and having access to the portfolios we…)"
    ],
    "figures": [
      {
        "label": "Account minimum",
        "statements": [
          "Account minimum: $250"
        ],
        "quotes": [
          "Parrot provides their portfolio services to individuals. There is a minimum account size of $250.00."
        ]
      },
      {
        "label": "Planning fee",
        "statements": [
          "Subscription: $24 a quarter (subscribing to our premium service and having access to the portfolios we…)"
        ],
        "quotes": [
          "Parrot charges a flat subscription fee to clients for subscribing to our premium service and having access to the portfolios we make available. Clients can choose to be billed $24.00 quarterly"
        ]
      },
      {
        "label": "Planning fee",
        "statements": [
          "Subscription: $76 a year (subscribing to our premium service and having access to the portfolios we…)"
        ],
        "quotes": [
          "Parrot charges a flat subscription fee to clients for subscribing to our premium service and having access to the portfolios we make available. Clients can choose to be billed $24.00 quarterly or $76.00 annually"
        ]
      }
    ],
    "values": {
      "tiers": [],
      "range_pct": null,
      "max_pct": null,
      "account_minimum": 250.0,
      "minimum_annual_fee": null,
      "planning": [
        {
          "kind": "subscription",
          "amount": 24.0,
          "min": null,
          "max": null,
          "period": "quarterly",
          "service": "subscribing to our premium service and having access to the portfolios we make available"
        },
        {
          "kind": "subscription",
          "amount": 76.0,
          "min": null,
          "max": null,
          "period": "annual",
          "service": "subscribing to our premium service and having access to the portfolios we make available"
        }
      ]
    },
    "quotes": [
      "Parrot provides their portfolio services to individuals. There is a minimum account size of $250.00.",
      "Parrot charges a flat subscription fee to clients for subscribing to our premium service and having access to the portfolios we make available. Clients can choose to be billed $24.00 quarterly",
      "Parrot charges a flat subscription fee to clients for subscribing to our premium service and having access to the portfolios we make available. Clients can choose to be billed $24.00 quarterly or $76.00 annually"
    ],
    "note": "As stated in the firm's brochure; fees can differ by service and may be negotiable."
  },
  "custodians": [
    {
      "name": "Robinhood Securities, LLC",
      "name_as_filed": "ROBINHOOD SECURITIES, 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/parrot-finance-inc-338169.md",
  "clients": [
    {
      "type": "individuals",
      "label": "Individuals (other than high net worth individuals)",
      "count": 10134,
      "fewer_than_5": false,
      "raum": 30120451.0
    }
  ],
  "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/338169",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}