Parcion Private Wealth LLC
Assets Under Management
$2.5B
Number of Clients
175
Number of Advisors
13
Average Client AUM
$14.4M
AUM per Advisor
$194.5M
Compensation
Fee-Only (AUM)Fixed/Hourly
About This Firm
Parcion Private Wealth provides comprehensive wealth management services, including financial planning, consulting, and discretionary/non-discretionary investment portfolio management. They allocate assets among equities, debt securities, ETFs, mutual funds, and independent investment managers. They may also recommend alternative investments. Services are tailored to individual client needs.
Fee Structure
Parcion charges an annual investment management fee ranging from 0.60% to 1.50% of assets under management, depending on portfolio size and services. Fees are negotiable. Some clients pay less than the stated schedule based on scope of services or length of time with the firm. Clients will also incur fees from third parties like custodians and broker-dealers. For clients with limited assets or complex projects, Parcion may charge a fixed or hourly fee, with a maximum hourly rate of $500. Wealth management services are typically provided for no additional fee beyond the investment management fee.
Areas of Practice
Location
11980 NE 24th St, Suite 210, Bellevue, WA, 98005