Bruce Frankel is a CFP-designated registered investment advisor at Parallel Advisors, LLC, based in San Francisco, CA, with 22 years of industry experience. Bruce operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Estate Planning, Financial Planning & Coaching, Insurance Planning, Investment Management, and 2 more. Their firm serves 3,868 clients with $8.7B in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Portfolio-Based Fees (Tiered)
| Portfolio Value | 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 firm generally requires an annual minimum fee of $3,000 for its investment advisory services. The investment advisory fee is negotiable at the firm's discretion. At no time shall the firm's effective investment advisory fee exceed 2.00% of the client's assets under management.
Fee Estimator
Location
150 Spear Street, Suite 1600, San Francisco, CA, 94105
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Regulatory History
No disclosures, customer disputes, or regulatory actions on file.
Disclosures include customer complaints, regulatory actions, and other events that advisors must report to the SEC. A clean record means none have been reported.
Learn about disclosures →Other Business ActivitiesSells Insurance
Bruce is a licensed insurance agent since 2003, dedicating minimal time to this activity. Bruce is also a member of AB Bedding, LLC, providing strategic support for about a few hours per week.
Employment History
Current Registrations
Parallel Advisors, LLC
Previous Registrations
Mgo Private Wealth, LLC
Eckhoff Wealth Management, LLC
Yerba Buena Wealth Advisors, LLC
Yerba Buena Wealth Advisors LLC
LPL Financial LLCBroker
LPL Financial LLC
Esi Financial Advisors
Equity Services, INC.Broker
Pro-Integrity Securities, INC.
Pro-Integrity Securities, INC.Broker
State Registrations1 state
You can work with an advisor not registered in your state. Most advisors can legally serve a small number of clients across state lines without registering.