Parallel Wealth Management manages investment portfolios based on clients' individual needs and goals. They also offer financial planning services, which include a comprehensive evaluation of a client’s current and future financial state. Financial planning covers areas like business planning, cash flow and debt management, college savings, employee benefits, estate planning, insurance, investment analysis, retirement planning, risk management, and tax planning strategies.
Assets Under Management$30M
Clients55
Advisors1
Avg. per Client$540K
Avg. per Advisor$30M
Fee Structure
Planning is included in investment management (also available separately)
Portfolio-Based Fees (Tiered)
| Portfolio Value | Annual Fee |
|---|---|
| Up to $250K | 1.50% |
| $250K - $500K | 1.30% |
| $500K - $1000K | 1.10% |
| $1.0M - $2.0M | 0.85% |
| $2.0M - $5.0M | 0.65% |
| $5M+ | 0.50% |
The annual fees are negotiable and are pro-rated and paid in arrears on a monthly basis.
Fee Estimator
Your Portfolio Value
$500K
$0$500K$1M$5M$20M
Estimated Annual Fee
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