Clarity Wealth Advisors provides financial planning, portfolio management for individuals and small businesses, portfolio management for institutions, pension consulting, selecting other managers, and insurance. Financial planning was provided to 26–50 clients last fiscal year.
Clarity Wealth Advisors reports 342 clients. They include 223 high-net-worth individuals, 113 individual clients, and 4 pension and profit-sharing plans. Of its assets, 100.0% ($733M across 1,353 accounts) are managed with discretion. It advised 38 clients without assets under management last fiscal year.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 33% | 5% |
| High-net-worth individuals | 65% | 92% |
| Pension and profit-sharing plans | 1% | 3% |
| Charitable organizations | <1% | <1% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 113 | $35M | 4.8% | $309K |
| High-net-worth individuals | 223 | $678M | 92.5% | $3.04M |
| Pension and profit-sharing plans | Fewer than 5 | $19.7M | 2.7% | $4.91M |
| Charitable organizations | Fewer than 5 | $655K | 0.1% | $327K |
| Total | 342 | $733M | 100% | — |
- Clients
- 113
- Regulatory AUM
- $35M
- AUM share
- 4.8%
- Avg. per client
- $309K
- Clients
- 223
- Regulatory AUM
- $678M
- AUM share
- 92.5%
- Avg. per client
- $3.04M
- Clients
- Fewer than 5
- Regulatory AUM
- $19.7M
- AUM share
- 2.7%
- Avg. per client
- $4.91M
- Clients
- Fewer than 5
- Regulatory AUM
- $655K
- AUM share
- 0.1%
- Avg. per client
- $327K
Total
- Clients
- 342
- Regulatory AUM
- $733M
- AUM share
- 100%
- Avg. per client
- —
- Clients outside the U.S.
- 0%
- Clients advised without assets under management last fiscal year
- 38
- Private funds advised
- 0
- Financial planning clients last fiscal year
- 26–50
Clarity Wealth Advisors charges 0.75%–1.25% a year for its Portfolio Management Services. Each asset band is charged at its own rate. The fee is billed in advance and is negotiable. The brochure also prices 2 other services, listed under fee details.
| Asset band | Annual rate |
|---|---|
| $0–$2M | 1.25% |
| $2M–$3M | 0.90% |
| $3M–$4M | 0.85% |
| $4M–$5M | 0.80% |
| $5M and above | 0.75% |
Fee details and sources
Other fees
- Financial Planning Services
- Fixed fees for financial planning, ranging up to $5,000, generally due within 30 days of engagement; offset if recommendations are implemented through portfolio management.
- Portfolio Consulting Services
- Annualized fee for portfolio consulting ranges up to 0.50% of portfolio assets, billed quarterly in arrears.
Parvin Manuchehri owns 75% or more of Clarity Wealth Advisors. The leadership team of Clarity Wealth Advisors includes Chief Compliance Officer Parvin Manuchehri. It has 5 employees, 2 of them in advisory roles.
Leadership
- Parvin ManuchehriManaging Member / Chief Compliance Officer
- Milind DalalManaging Director
Investment adviser representatives
2 representatives listed in the SEC register as of 9 October 2026.
Staff
- 5 employees
- 2 in advisory functions
- 2 state-registered reps
- 2 insurance agents
- Owns 75% or more of Clarity Wealth Advisors, LLC
Parvin Manuchehri
Control person · since May 2011
- Owns 10% to 25% of Clarity Wealth Advisors, LLC
Milind Dalal
since October 2013
Clarity Wealth Advisors’ regulatory assets grew 2.2× from $340M (July 2021) to $733M (September 2026); clients rose from 290 to 342 and employees from 4 to 5.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | Employees | Offices |
|---|---|---|---|---|
| September 2026 | $733M | 342 | 5 | 1 |
| March 2025 | $601M | 345 | 4 | 1 |
| July 2024 | $479M | 330 | 4 | 1 |
| February 2023 | $404M | 302 | 4 | 1 |
| March 2022 | $396M | 288 | 4 | 1 |
| July 2021 | $340M | 290 | 4 | 1 |
Besides its headquarters, Clarity Wealth Advisors has 0 offices, with 1 listed address in California.
California · 1 listed address
- 2160 the Alameda, Suite A, San JoseHQ
Other business names
Clarity Wealth Advisors has reported 1 other business name to the SEC.
- Clarity Insurance Solutions
Contact and registration details
- Legal name
- Clarity Wealth Advisors, LLC
- Headquarters
- 2160 the Alameda, Suite A, San Jose, CA 95126
- Website
- claritywealthadvisors.com
- Phone
- 408-560-3220
- @clarity-wealth-advisors
- SEC file
- 801-79251
- Founded
- 2011
- Structure
- California LLC
- Fiscal year end
- December
Clarity Wealth Advisors uses Fidelity ($394M, 55%) and Charles Schwab ($319M, 45%) as custodians for its separately managed accounts. Clarity Wealth Advisors has custody of $28.9M in client assets for 19 clients.
- FidelityFidelity Brokerage Services LLC · Smithfield, RI · $394M55%
- Charles SchwabCharles Schwab & Co., Inc. · San Francisco, CA · $319M45%
At year end, Clarity Wealth Advisors’ separately managed accounts were mostly in funds (56%) and stocks (30%). Its reported 13F holdings for the quarter ended 30 June 2026 total $567M across 117 positions; the largest are Invesco Qqq TR (6.9%), Apple Inc. (6.8%) and State Str SPDR S&P 500 ETF T (6.7%).
What the accounts hold
- Stocks30%
- Funds56%
- Registered funds55%
- Pooled vehicles1%
- Bonds4%
- State and local bonds3%
- U.S. government and agency bonds1%
- Cash10%
Reported 13F holdings
- $567M
- Reported 13F value
- 117
- Positions
- 50.2%
- In the 10 largest
- +16.5%
- Value vs. prior quarter
- Invesco Qqq TR · Unit Ser 16.9%
- Apple Inc.6.8%
- State Str SPDR S&P 500 ETF T · TR Unit6.7%
- Vanguard Index Fds · Total Stk Mkt6.5%
- Vanguard Specialized Funds · Div App ETF4.4%
- State Str SPDR Dow Jones Ind · UT Ser 14.2%
- iShares TR · Core S&P Mcp ETF4.1%
- Vanguard Star Fds · VG TL Intl Stk F4.1%
- Alphabet Inc. · Cap Stk CL A3.2%
- Vanguard Index Fds · Small CP ETF3.1%
Together, the ten largest are 50.2% of reported value.
How many clients does Clarity Wealth Advisors have?
Clarity Wealth Advisors has 342 clients and manages $733 million for them, as of September 2026. They include 223 high-net-worth individuals, 113 individual clients, and 4 pension and profit-sharing plans.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 15 September 2026
What services does Clarity Wealth Advisors offer?
Clarity Wealth Advisors provides financial planning, portfolio management for individuals and small businesses, portfolio management for institutions, pension consulting, selecting other managers, and insurance.
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 Clarity Wealth Advisors charge?
Clarity Wealth Advisors charges 0.75%–1.25% a year for its Portfolio Management Services. Each asset band is charged at its own rate. The fee is billed in advance and is negotiable.
Which custodians does Clarity Wealth Advisors use?
Clarity Wealth Advisors’ separately managed account assets are held at Fidelity Brokerage Services LLC (Smithfield, RI), with $394M and Charles Schwab & Co., Inc. (San Francisco, CA), with $319M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 15 September 2026
How many financial advisors does Clarity Wealth Advisors have?
Clarity Wealth Advisors has 2 investment adviser representatives registered with state securities authorities, out of 5 employees, and 2 perform investment advisory functions. 0 employees are registered representatives of a broker-dealer and 2 employees are 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 Clarity Wealth Advisors invest in?
At the end of its last fiscal year, Clarity Wealth Advisors’ separately managed accounts held 55% registered funds (mutual funds, ETFs, BDCs), 30% exchange-traded equities, 10% cash and equivalents, 3% state and local bonds, 1% U.S. government and agency bonds and 1% pooled vehicles (private funds and similar).
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Clarity Wealth Advisors?
Clarity Wealth Advisors’ direct owners are Parvin Manuchehri (75% or more) and Milind Dalal (10% to 25%).
Source: Form ADV Part 1A, Schedules A and B, filed 15 September 2026
How does Clarity Wealth Advisors get paid?
Clarity Wealth Advisors is paid through a percentage of assets under management 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
How do I contact Clarity Wealth Advisors?
Clarity Wealth Advisors’ main office is at 2160 the Alameda, Suite A, San Jose, CA 95126. Its phone number is 408-560-3220. Its website is claritywealthadvisors.com.