Parallel Advisors, LLC
Assets Under Management
$8.7B
Number of Clients
3,868
Number of Advisors
71
Average Client AUM
$2.3M
AUM per Advisor
$123.0M
Compensation
Fee-Only (AUM)Fixed/Hourly
About This Firm
Parallel Advisors, LLC provides discretionary investment advisory services on a fee-only basis. They also offer retirement plan services and stand-alone financial planning and consulting services. Fees are based on a percentage of assets under management and are negotiable. They may recommend unaffiliated independent investment managers.
Fee Structure
AUM-Based Fees (Tiered)
| Assets Under Management | Annual Fee |
|---|---|
| Up to $250K | 1.25% |
| $250K - $2.0M | 1.00% |
| $2.0M - $4.0M | 0.85% |
| $4.0M - $6.0M | 0.70% |
| $6.0M - $10.0M | 0.60% |
| $10.0M - $25.0M | 0.50% |
| $25M+ | 0.30% |
The Registrant generally requires an annual minimum fee of $3,000 for its investment advisory services. The Registrant’s investment advisory fee is negotiable at Registrant’s discretion.
Fee Estimator
The annual investment advisory fee is based on a percentage of assets managed, generally between 0.30% and 1.25%, but is negotiable. There is a minimum annual fee of $3,000 for investment advisory services. For retirement plan services, the annual advisory fee is generally between 0.15% and 0.70%, with a minimum annual fee of $5,000. Stand-alone financial planning and consulting fees are negotiable, generally ranging up to $1,000 per hour. Tax preparation services are billed at $300 per hour, subject to a minimum fee of $1,500.
Areas of Practice
Location
150 Spear Street, Suite 1600, San Francisco, CA, 94105