SEC-registered firm
Registration does not mean the SEC approves or recommends the firm, and it does not imply a certain level of skill or training.
Parallel Advisors, LLC
San Francisco, CA
CRD 140800
Firm filing updated June 29, 2026 ·
- $10.3BAssets
- 61Advisory staff
- 4,242Accounts
Fees and minimums
- Hourly feesAsk the firm for the rate
All fee types on the form
- Percentage of assets under managementYes
- Hourly chargesYes
- Fixed feesYes
- Subscription fees (for a newsletter or periodical)No
- CommissionsNo
- Performance-based feesNo
- OtherNo
Who the firm serves
- Individuals3,156
- High net worth individuals1,013
- Pension and profit sharing plans39
- Corporations or other businesses24
- Charities8
See the client table
| Client type | Approximate number of clients | Assets |
|---|---|---|
| Individuals (other than high net worth) | 3,156 | $3.8 billion |
| High net worth individuals | 1,013 | $5.4 billion |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | 39 | $909.7 million |
| Charitable organizations | 8 | $24.9 million |
| Other investment advisors | Fewer than 5 clients | $3.0 million |
| Corporations or other businesses not listed above | 24 | $100.2 million |
What the client labels mean
Here, "individuals" includes trusts, estates, and IRAs of individuals. A "high net worth individual" is a qualified client or qualified purchaser.
Services
- Financial planning services
- Portfolio management for individuals and/or small businesses
- Portfolio management for businesses (other than small businesses) or institutional clients
See all 5 services
- Pension consulting services
- Selection of other advisors (including private fund managers)
- Financial planning services
- Portfolio management for individuals and/or small businesses
- Portfolio management for businesses (other than small businesses) or institutional clients
- Pension consulting services
- Selection of other advisors (including private fund managers)
Assets and accounts
- Regulatory assets$10.3 billion
- Accounts4,242
- Discretionary$10.3 billion · 4,240 accounts
- Non-discretionary$3.6 million · 2 accounts
People
- Employees137
- Advisory staff61
- Broker-dealer reps0
- Licensed insurance agents0
- Planning clients4,000
Advisors
53 advisors with a profile on Advisable
Listed A to Z by last name. Not a ranking.
Registration details
- SEC-registered investment advisor. CRD 140800, SEC file 801-68107.
- Registered with the SEC as an investment advisor (status date on record: June 26, 2007).
Is Parallel Advisors, LLC a fiduciary?
Short answer: Parallel Advisors, LLC is registered with the SEC as an investment advisor.
More detail
The SEC put it this way in 2019: 'Under federal law, an investment adviser is a fiduciary.'
The firm does not report commissions, a broker-dealer role, a related broker-dealer, or staff who are broker-dealer representatives.
The firm's Form CRS explains its services, fees and conflicts in plain language: Form CRS.
About this data
Informational only. Advisable Finance is not an investment advisor, does not give investment advice, and does not endorse any advisor.