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Karen McMillan

Investment adviser representative at Parallel Advisors

Investment adviser representativeSan Francisco, CASEC record checked 14 October 2026

24
Years in the industry
0
Years at the firm
7
Adviser firms
2
State registrations

IAPD record retrieved 14 October 2026SEC record

Karen McMillan is an investment adviser representative at Parallel Advisors, LLC, a San Francisco investment adviser managing $10.31B. Karen McMillan has been registered through Parallel Advisors since 7 November 2025, has 24 years in the industry across 7 firms and has passed the Series 7, Series 66 and SIE.

Role at Parallel Advisors

Registration
Investment adviser representative, through Parallel Advisors, LLC since 7 November 2025
Officer or owner
Karen McMillan is not listed among Parallel Advisors’ executive officers or direct owners.

The firm

Parallel Advisors, LLC
San Francisco, CA

Form ADV filed 29 June 2026

$10.31B AUM4,240 clients61 advisers38 offices

Career on record

Karen McMillan has been registered through Parallel Advisors since November 2025, and before that through Osborne Partners, Merrill Lynch, Pierce, Fenner & Smith Incorporated, UBS Financial Services, McDonald Investments, McDonald Investments and Bangor Securities.

Firms and exams, newest first
  1. Parallel Advisors, LLCCurrent
    – present · 1 year
    San Francisco, CA · Adviser representative · Firm CRD 140800
  2. Osborne Partners
    – · 9 years
    San Francisco, CA · Adviser representative · Firm CRD 108100
  3. Passed SIE · 2017
  4. Merrill Lynch, Pierce, Fenner & Smith Incorporated
    – · 7 years
    San Francisco, CA · Adviser representative · Firm CRD 7691
  5. UBS Financial Services Inc.
    – · 3 years
    San Francisco, CA · Adviser representative · Firm CRD 8174
  6. McDonald Investments Inc.
    – · 1 year
    Bangor, ME · Adviser representative · Firm CRD 566
  7. Passed Series 66 · 2006
  8. McDonald Investments Inc.
    – · 1 year
    Bangor, ME · Adviser representative and broker · Firm CRD 566
  9. Bangor Securities, Inc.
    – · 3 years
    Portland, ME · Adviser representative and broker · Firm CRD 4302
  10. Passed Series 7 · 2002

Registrations and exams

Karen McMillan is registered as an investment adviser representative in California and Texas and has passed 3 qualifying exams.

California10 November 2025
Scope
Investment adviser representative
Status
Approved
Texas7 November 2025
Scope
Investment adviser representative
Status
Approved

Examinations

Series 6623 January 2006
Name
Uniform Combined State Law Examination
SIE21 March 2017
Name
Securities Industry Essentials Examination
Series 78 August 2002
Name
General Securities Representative Examination

Adviser record

Full name
Karen Joy McMillan
CRD
4567056
Firm
Parallel Advisors, LLC
Registered in
California, Texas
Office
150 Spear Street, Suite 1600, San Francisco, CA 94105

This directory does not report disciplinary history, for any firm or individual, in either direction. The SEC publishes the complete record, including any disciplinary events, and it is the authoritative place to check one. Check this record on adviserinfo.sec.gov

Common questions

Where does Karen McMillan work?

Karen McMillan is an investment adviser representative registered through Parallel Advisors, LLC since November 2025, and is not listed among the firm’s executive officers or direct owners.

Source: IAPD individual record, checked 14 October 2026

Is Karen McMillan a financial advisor?

Yes. Karen McMillan is registered as an investment adviser representative in California and Texas, through Parallel Advisors since November 2025, as of 14 October 2026.

Source: IAPD individual record, checked 14 October 2026

How many years of experience does Karen McMillan have?

Karen McMillan has worked in the financial industry for 24 years as of 14 October 2026, counted from 30 August 2002, across 7 adviser firms.

Source: IAPD individual record, checked 14 October 2026

What exams has Karen McMillan passed?

Karen McMillan has passed 3 licensing exams: the Series 7, Series 66 and SIE. The earliest, the Series 7, was passed in August 2002.

Source: IAPD individual record, checked 14 October 2026

Where did Karen McMillan work before Parallel Advisors?

Before Parallel Advisors, Karen McMillan was registered through Osborne Partners, April 2017 to November 2025; Merrill Lynch, Pierce, Fenner & Smith Incorporated, October 2009 to March 2017; UBS Financial Services Inc., February 2007 to October 2009; McDonald Investments Inc., January 2006 to February 2007; McDonald Investments Inc., January 2006 to February 2007; Bangor Securities, Inc., August 2002 to January 2006.

Source: IAPD individual record, checked 14 October 2026

Where is Karen McMillan based?

Karen McMillan’s registered office is in San Francisco, CA.

Source: IAPD individual record, checked 14 October 2026

Leadership at Parallel Advisors

Sources

  1. IAPD individual record, CRD 4567056. Employment history, registrations and examinations.
  2. Form ADV Part 1A, Schedules A and B of Parallel Advisors, LLC, filed 29 June 2026. Executive officers and direct owners; this person is not among them.

Retrieved 14 October 2026. The SEC record may have been amended since.

Report a correction

This profile is compiled from public regulatory records and the firm's own published materials, and is provided for informational purposes only. Niva Wealth is not affiliated with Karen McMillan or Parallel Advisors, LLC and makes no representation about the quality of their services. This directory does not report disciplinary history, in either direction.