Parallel Equity Advisors offers personalized financial planning and investment management services to individuals, trusts, estates, and retirement plans. The firm helps clients navigate various financial topics, including cash flow management, tax strategies, insurance reviews, retirement planning, education funding, and estate planning. Parallel Equity Advisors builds customized portfolios based on each client's specific goals, time horizons, and risk tolerance, while ensuring clients maintain direct control over their assets. Additionally, the firm's owners are licensed insurance agents and registered representatives, allowing them to offer securities and insurance products through external affiliations, though clients are never obligated to purchase these products.
Fee Structure
Portfolio-Based Fees (Tiered)
| Portfolio Value | Annual Fee |
|---|---|
| Up to $25K | 2.00% |
| $25K - $50K | 1.75% |
| $50K - $100K | 1.50% |
| $100K - $250K | 1.25% |
| $250K - $500K | 1.00% |
| $500K - $1.0M | 0.90% |
| $1.0M - $5.0M | 0.80% |
| $5M+ | 0.70% |
Fees are assessed on a breakpoint schedule where the entire portfolio is charged at the rate of the highest applicable tier.