Thomas Parker
Thomas Parker is a registered investment advisor at Pendulum Wealth Partners, based in Itasca, IL, with 12 years of industry experience. Thomas operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Charitable Giving, Estate Planning, Financial Planning & Coaching, High Net Worth, and 4 more. Their firm serves 227 clients with $250M 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 $750K | 1.25% |
| $750K - $1.5M | 1.10% |
| $1.5M - $3.0M | 1.00% |
| $3.0M - $6.0M | 0.90% |
| $6.0M - $12.0M | 0.80% |
| $12.0M - $24.0M | 0.70% |
| $24.0M - $48.0M | 0.60% |
| $48.0M - $96.0M | 0.50% |
| $96M+ | 0.50% |
Fees may be negotiable at the sole discretion of the Advisor. Certain legacy client relationships may be charged a higher wealth management fee than described in the tiered schedule above.
Fee Estimator
Location
500 Park Blvd, Ste 1400, Itasca, IL, 60143
Get directionsHistory
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
Thomas is a partner at Fates, Bodily, and Parker PLLC, a CPA firm, managing operations and advising clients full-time. He is also a licensed insurance agent, spending a few hours per week implementing insurance recommendations.
Employment History
Current Registrations
Pendulum Wealth Partners
Previous Registrations
Ameriprise Financial Services, LLC
Ameriprise Financial Services, LLCBroker
Cambridge Investment Research, INC.Broker
Cambridge Investment Research Advisors, INC.
Cetera Investment Advisers LLC
Cetera Financial Specialists LLCBroker
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.