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
Parallel Advisors offers investment advisory services based on a percentage of assets managed, generally between 0.25% and 1.50%. They also provide financial planning and consulting services on a stand-alone basis, with fees ranging up to $1,000 per hour. The firm may recommend unaffiliated private investment funds and independent managers.
| 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.
150 Spear Street, Suite 1600, San Francisco, CA, 94105