Berkeley provides financial planning, portfolio management for individuals and small businesses, pension consulting, education planning, estate planning, insurance, and tax planning. Financial planning was provided to 11–25 clients last fiscal year.
Berkeley reports 222 clients. They include 147 high-net-worth individuals, 70 individual clients, and 4 corporations and other businesses. Of its assets, 100.0% ($574M across 769 accounts) are managed with discretion. It advised 25 clients without assets under management last fiscal year.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 32% | 7% |
| High-net-worth individuals | 66% | 92% |
| Pension and profit-sharing plans | <1% | <1% |
| Corporations and other businesses | 2% | <1% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 70 | $39.4M | 6.9% | $562K |
| High-net-worth individuals | 147 | $525M | 91.5% | $3.57M |
| Pension and profit-sharing plans | Fewer than 5 | $4.54M | 0.8% | $4.54M |
| Corporations and other businesses | Fewer than 5 | $4.73M | 0.8% | $1.18M |
| Total | 222 | $574M | 100% | — |
- Clients
- 70
- Regulatory AUM
- $39.4M
- AUM share
- 6.9%
- Avg. per client
- $562K
- Clients
- 147
- Regulatory AUM
- $525M
- AUM share
- 91.5%
- Avg. per client
- $3.57M
- Clients
- Fewer than 5
- Regulatory AUM
- $4.54M
- AUM share
- 0.8%
- Avg. per client
- $4.54M
- Clients
- Fewer than 5
- Regulatory AUM
- $4.73M
- AUM share
- 0.8%
- Avg. per client
- $1.18M
Total
- Clients
- 222
- Regulatory AUM
- $574M
- AUM share
- 100%
- Avg. per client
- —
- Clients outside the U.S.
- 0%
- Clients advised without assets under management last fiscal year
- 25
- Private funds advised
- 0
- Financial planning clients last fiscal year
- 11–25
Berkeley charges 0.35%–0.90% a year for its Investment Advisory Agreement. Each asset band is charged at its own rate. The fee has a $2,500 annual minimum. The brochure also prices 2 other services, listed under fee details.
| Asset band | Annual rate |
|---|---|
| $0–$500K | 0.90% |
| $500K–$1M | 0.75% |
| $1M–$2M | 0.60% |
| $2M–$10M | 0.45% |
| $10M and above | 0.35% |
Fee details and sources
Other fees
- Financial Planning
- Financial plans are usually priced at $2,000 to $5,000 and are negotiable; follow-on implementation work is billed at up to $500 per hour.
- Hourly Planning Engagements
- Limited-scope planning engagements are billed at up to $500 per hour.
Paul White owns 50% to 75% of Berkeley. The leadership team of Berkeley includes President Megan Parrish. It has 6 employees, 3 of them in advisory roles.
Leadership
- Megan ParrishChief Compliance Officer/Vice President
- Paul WhitePresident
Investment adviser representatives
3 representatives listed in the SEC register as of 9 October 2026.
Staff
- 6 employees
- 3 in advisory functions
- 3 state-registered reps
- Owns 50% to 75% of Berkeley, Inc
Paul White
Control person · since July 2003
- Owns 25% to 50% of Berkeley, Inc
Megan Parrish
Control person · since January 2024
Berkeley’s regulatory assets grew 2.1× from $268M (March 2021) to $574M (February 2026); clients were 222 in both filings and employees rose from 4 to 6.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | Employees | Offices |
|---|---|---|---|---|
| February 2026 | $574M | 222 | 6 | 1 |
| April 2025 | $596M | 223 | 6 | 1 |
| January 2024 | $327M | 216 | 5 | 1 |
| May 2023 | $301M | 203 | 4 | 1 |
| March 2022 | $287M | 195 | 4 | 1 |
| March 2021 | $268M | 216 | 4 | 1 |
Besides its headquarters, Berkeley has 0 offices, with 1 listed address in Idaho.
Idaho · 1 listed address
- 3778 Plantation River Drive, Suite 102, BoiseHQ
Contact and registration details
- Legal name
- Berkeley, Inc
- Headquarters
- 3778 Plantation River Drive, Suite 102, Boise, ID 83703
- Website
- berkeleyinc.com
- Phone
- 208-853-6980
- @berkeley-inc-boise
- SEC file
- 801-62959
- Founded
- 1996
- Structure
- Idaho corporation
- Fiscal year end
- December
Berkeley uses Charles Schwab ($568M) as custodian for its separately managed accounts. Berkeley has custody of $428M in client assets for 165 clients.
- Charles SchwabCharles Schwab & Co., Inc. · Westlake, TX · $568M100%
At year end, Berkeley’s separately managed accounts were mostly in funds (63%) and stocks (27%). Its reported 13F holdings for the quarter ended 30 June 2026 total $319M across 86 positions; the largest are Invesco Exch Traded FD TR II (9.1%), ETF Ser Solutions (6.8%) and Visa Inc. (5.7%).
What the accounts hold
- Stocks27%
- Exchange-traded equities26%
- Non-exchange-traded equities1%
- Funds63%
- Registered funds40%
- Pooled vehicles23%
- Cash10%
Reported 13F holdings
- $319M
- Reported 13F value
- 86
- Positions
- 46.8%
- In the 10 largest
- +6.9%
- Value vs. prior quarter
- Invesco Exch Traded FD TR II · S&P Intl Qulty9.1%
- ETF Ser Solutions · Distillate US6.8%
- Visa Inc. · Com CL A5.7%
- Invesco Exch Trd Slf Idx FD · Rafi Stratgic US4.8%
- Wisdomtree TR · Japan Oppor FD4.1%
- Alphabet Inc. · Cap Stk CL A3.9%
- Markel Group Inc.3.5%
- Nvr Inc.3.0%
- Morgan Stanley ETF Trust · Eato Van Mtg ETF3.0%
- Wisdomtree TR · Itl Hdg Qtly Div2.9%
Together, the ten largest are 46.8% of reported value.
How many clients does Berkeley have?
Berkeley has 222 clients and manages $574 million for them, as of February 2026. They include 147 high-net-worth individuals, 70 individual clients, and 4 corporations and other businesses.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 25 February 2026
What services does Berkeley offer?
Berkeley provides financial planning, portfolio management for individuals and small businesses, pension consulting, education planning, estate planning, insurance, and tax planning.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file; Part 2A brochure, Item 4
How much does Berkeley charge?
Berkeley charges 0.35%–0.90% a year for its Investment Advisory Agreement. Each asset band is charged at its own rate. The fee has a $2,500 annual minimum.
Source: BERKELEY, INC FORM ADV PART 2A, filed 25 February 2026
Which custodians does Berkeley use?
Berkeley’s separately managed account assets are held at Charles Schwab & Co., Inc. (Westlake, TX), with $568M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 25 February 2026
How many financial advisors does Berkeley have?
Berkeley has 3 investment adviser representatives registered with state securities authorities, out of 6 employees, and 3 perform investment advisory functions. None are registered representatives of a broker-dealer or licensed insurance agents.
Source: Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file
What does Berkeley invest in?
At the end of its last fiscal year, Berkeley’s separately managed accounts held 40% registered funds (mutual funds, ETFs, BDCs), 26% exchange-traded equities, 23% pooled vehicles (private funds and similar), 10% cash and equivalents and 1% non-exchange-traded equities.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Berkeley?
Berkeley’s direct owners are Paul White (50% to 75%) and Megan Parrish (25% to 50%).
Source: Form ADV Part 1A, Schedules A and B, filed 25 February 2026
How does Berkeley get paid?
Berkeley is paid through a percentage of assets under management, hourly charges and fixed fees. Its Form ADV lists no commissions or performance-based fees among how it is paid.
Source: Form ADV Part 1A, Item 5.E, from the SEC's 2 October 2026 data file
Is Berkeley registered with the SEC?
Yes, Berkeley has been registered with the SEC as an investment adviser since 30 March 2004. Its CRD number is 117667 and its SEC file number is 801-62959.
Source: Form ADV Part 1A, Item 1, filed 25 February 2026; IAPD firm record
How do I contact Berkeley?
Berkeley’s main office is at 3778 Plantation River Drive, Suite 102, Boise, ID 83703. Its phone number is 208-853-6980. Its website is berkeleyinc.com.