Parallel Advisors manages investment portfolios on a discretionary basis and provides personalized financial planning and consulting services. Parallel Advisors builds customized portfolios using a mix of mutual funds, exchange-traded funds, fixed income securities, and independent investment managers. In addition to investment management, Parallel Advisors offers standalone financial planning and tax preparation services. Parallel Advisors works primarily with individuals, trusts, estates, and business owners. The firm operates with a legal obligation to act in your best interest as a registered investment advisor.
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% |
Fees are negotiable at the firm's discretion. There is a general minimum annual fee of $7,500. At no time shall the effective advisory fee exceed 2.00% of assets under management.