{
  "crd_number": 315701,
  "slug": "parvin-asset-management-llc-sioux-falls-sd-315701",
  "primary_business_name": "PARVIN ASSET MANAGEMENT, LLC",
  "legal_name": "PARVIN ASSET MANAGEMENT, LLC",
  "dbas": [
    "PARVIN ASSET MANAGEMENT"
  ],
  "city": "Sioux Falls",
  "state": "SD",
  "country": "United States",
  "cbsa_code": "43620",
  "metro": {
    "cbsa_code": "43620",
    "common_name": "Sioux Falls",
    "msa_name": "Sioux Falls, SD-MN",
    "path": "/advisors/sd/sioux-falls"
  },
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "2021-08-02",
  "years_registered": 5,
  "period": "2026-10-01",
  "filing_date": "2026-03-30",
  "carried_forward": false,
  "raum_total": 178969401.0,
  "raum_discretionary": 177687864.0,
  "raum_non_discretionary": 1281537.0,
  "raum_band": "100m_500m",
  "raum_band_label": "$100 million to $500 million",
  "total_employees": 6,
  "advisory_employees": 3,
  "client_count_bucket": null,
  "clients_by_type": {
    "charitable": {
      "raum": 1382213.0,
      "count": 1
    },
    "individuals": {
      "raum": 20402082.0,
      "count": 55
    },
    "banking_thrift": {
      "raum": 1281537.0,
      "count": 1
    },
    "insurance_companies": {
      "raum": 100033.0,
      "count": 1
    },
    "investment_companies": {
      "raum": 10124009.0,
      "count": 1
    },
    "high_net_worth_individuals": {
      "raum": 144535064.0,
      "count": 39
    },
    "corporations_other_businesses": {
      "raum": 1144463.0,
      "count": 3
    }
  },
  "compensation_types": [
    "percentage_of_aum"
  ],
  "advisory_activities": [
    "other",
    "portfolio_management_businesses_institutional",
    "portfolio_management_individuals",
    "portfolio_management_investment_companies"
  ],
  "wrap_fee_participant": false,
  "disclosure_yes_count": 0,
  "states_registered": [
    "CA",
    "GA",
    "IL",
    "NC",
    "PA",
    "SC",
    "SD",
    "TX"
  ],
  "websites": [
    "https://parvinam.com"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/315701",
  "city_as_filed": "SIOUX FALLS",
  "url": "https://advisorcensus.com/firm/parvin-asset-management-llc-sioux-falls-sd-315701",
  "display_name": "Parvin Asset Management, LLC",
  "summary": "Parvin Asset Management, LLC is an SEC-registered investment advisory firm in Sioux Falls, SD, registered since 2021, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated March 30, 2026.",
  "citation": "AdvisorCensus. Parvin Asset Management, LLC (CRD 315701): 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": [
    "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",
    "Other"
  ],
  "quick_answers": [
    {
      "q": "How is Parvin Asset Management, LLC compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), Parvin Asset Management, LLC reports these compensation arrangements: a percentage of assets under its management."
    },
    {
      "q": "Where is Parvin Asset Management, LLC located?",
      "a": "Parvin Asset Management, LLC's principal office is in Sioux Falls, SD, according to its Form ADV."
    },
    {
      "q": "Is Parvin Asset Management, LLC registered with the SEC or a state?",
      "a": "Parvin Asset Management, LLC is an SEC-registered investment advisory firm, registered since 2021. Status as filed: Approved. CRD 315701."
    },
    {
      "q": "How much does Parvin Asset Management, LLC manage?",
      "a": "Parvin Asset Management, LLC reports $178,969,401 in regulatory assets under management in its Form ADV filing dated March 30, 2026 (99% discretionary)."
    },
    {
      "q": "How have Parvin Asset Management, LLC's assets and staff changed since 2021?",
      "a": "In the Form ADV data for Parvin Asset Management, LLC: Regulatory assets under management: $0 in the October 2021 data and $178,969,401 in the October 2026 data. Total employees: 2 in October 2021 and 6 in October 2026. Assets under management move with markets as well as with clients coming and going."
    },
    {
      "q": "What types of clients does Parvin Asset Management, LLC serve?",
      "a": "By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (55); high net worth individuals (39); corporations or other businesses not listed above (3)."
    },
    {
      "q": "Which custodians does Parvin Asset Management, LLC use?",
      "a": "Parvin Asset Management, LLC's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Charles Schwab & Co., Inc. and SEI Investments Co. as custodians holding 10% or more of its separately managed account assets."
    },
    {
      "q": "Does Parvin Asset 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/315701"
    },
    {
      "q": "What changed in Parvin Asset Management, LLC's recent Form ADV filings?",
      "a": "In the April 2026 filing data: Regulatory assets under management went from $140,987,821 to $178,969,401 (+27%)."
    }
  ],
  "filing_history": [
    {
      "period": "2021-10-01",
      "regulatory_assets_under_management": 0.0,
      "total_employees": 2,
      "filing_date": "2021-09-13"
    },
    {
      "period": "2022-10-01",
      "regulatory_assets_under_management": 103419591.0,
      "total_employees": 6,
      "filing_date": "2022-07-27"
    },
    {
      "period": "2023-10-01",
      "regulatory_assets_under_management": 132272392.0,
      "total_employees": 6,
      "filing_date": "2023-05-16"
    },
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": 129410248.0,
      "total_employees": 6,
      "filing_date": "2024-03-27"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 140987821.0,
      "total_employees": 6,
      "filing_date": "2025-03-31"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 178969401.0,
      "total_employees": 6,
      "filing_date": "2026-03-30"
    }
  ],
  "recent_changes": [
    {
      "period": "2026-04-01",
      "period_label": "April 2026",
      "notes": [
        "Regulatory assets under management went from $140,987,821 to $178,969,401 (+27%)."
      ]
    }
  ],
  "fees_from_brochure": null,
  "custodians": [
    {
      "name": "Charles Schwab & Co., Inc.",
      "name_as_filed": "CHARLES SCHWAB & CO., INC.",
      "affiliated": false
    },
    {
      "name": "SEI Investments Co.",
      "name_as_filed": "SEI INVESTMENTS CO.",
      "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/parvin-asset-management-llc-sioux-falls-sd-315701.md",
  "clients": [
    {
      "type": "individuals",
      "label": "Individuals (other than high net worth individuals)",
      "count": 55,
      "fewer_than_5": false,
      "raum": 20402082.0
    },
    {
      "type": "high_net_worth_individuals",
      "label": "High net worth individuals",
      "count": 39,
      "fewer_than_5": false,
      "raum": 144535064.0
    },
    {
      "type": "banking_thrift",
      "label": "Banking or thrift institutions",
      "count": 1,
      "fewer_than_5": false,
      "raum": 1281537.0
    },
    {
      "type": "investment_companies",
      "label": "Investment companies",
      "count": 1,
      "fewer_than_5": false,
      "raum": 10124009.0
    },
    {
      "type": "charitable",
      "label": "Charitable organizations",
      "count": 1,
      "fewer_than_5": false,
      "raum": 1382213.0
    },
    {
      "type": "insurance_companies",
      "label": "Insurance companies",
      "count": 1,
      "fewer_than_5": false,
      "raum": 100033.0
    },
    {
      "type": "corporations_other_businesses",
      "label": "Corporations or other businesses not listed above",
      "count": 3,
      "fewer_than_5": false,
      "raum": 1144463.0
    }
  ],
  "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/315701",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}