{"url":"https://nivawealth.com/firms/parable-304873","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/304873","regulatoryAum":176326932,"crd":"304873","adviserRoster":{"asOf":"2026-10-09","items":[{"crd":"6931340","suffix":null,"lastName":"Ginn","firstName":"John","middleName":"Richard"},{"crd":"4230340","suffix":null,"lastName":"Haggerty","firstName":"Thomas","middleName":"James"},{"crd":"7804405","suffix":null,"lastName":"Hermes","firstName":"Jonathan","middleName":"P"},{"crd":"6527342","suffix":null,"lastName":"KYLE","firstName":"STEPHEN","middleName":"DAVID"}],"total":4,"loadedAt":"2026-10-10T00:20:19.761928+00:00","sourceUrl":"https://reports.adviserinfo.sec.gov/reports/CompilationReports/IA_INDVL_Feed_10_09_2026.xml.zip"},"history":[{"filedOn":"2025-03-07","regulatoryAum":140868916,"clients":63,"employees":5,"offices":2},{"filedOn":"2026-06-17","regulatoryAum":176326932,"clients":94,"employees":5,"offices":2}],"secFileNumber":"801-132360","legalName":"Parable, LLC","displayName":"Parable","slug":"parable-304873","website":"https://parableadvisors.com/","classification":{"segment":"individuals","segmentLabel":"Wealth management","type":"independent_wealth_manager","typeLabel":"RIA","feeDisclosure":"full"},"linkedinUrl":"http://www.linkedin.com/company/94411973/","founded":null,"organization":"Florida limited liability company","fiscalYearEnd":"December","headquarters":{"street":"460 A1a Beach BLVD.","city":"St Augustine","state":"FL","stateName":"Florida","country":"United States","postalCode":"32080"},"tradeNames":[],"registration":{"secApproved":"7 April 2025","noticeFilings":null,"latestNoticeFiling":null},"wealthAumPerClient":1784077.6136363635,"staff":{"employees":5,"advisory":4,"brokerDealerReps":0,"insuranceAgents":0,"promoters":0},"aum":{"regulatory":176326932,"discretionary":176326932,"discretionaryAccounts":271,"nonDiscretionary":0,"nonDiscretionaryAccounts":0,"wrapProgram":null,"nonUsClientsPct":0,"nonAumClients":0},"clientTypes":[{"label":"Individuals (other than HNW)","clients":43,"regulatoryAum":13971161},{"label":"High-net-worth individuals","clients":45,"regulatoryAum":143027669},{"label":"Charitable organizations","clients":null,"fewerThan5":true,"regulatoryAum":2861210},{"label":"Corporations and other businesses","clients":6,"regulatoryAum":16466892}],"feePrograms":[{"role":"main","program":"Portfolio Management Services","feeBasis":"range","fee_tiers":null,"sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1030159","versionId":1030159,"ratePeriod":"annual","fee_billing":"advance","submittedOn":"2026-03-27","documentName":"2026 PARABLE WEALTH ADVISORS FORM ADV PART 2A FIRM BROCHURE","fee_rate_low":0.5,"fee_rate_high":1,"fee_negotiable":true,"minimum_account":null,"feeMinimumPeriod":null,"fee_minimum_annual":null},{"role":"other","program":"Financial planning","summary":"Financial planning is a flat fee of $2,500, negotiable depending on the scope and complexity of the plan.","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1030159","versionId":1030159,"submittedOn":"2026-03-27","documentName":"2026 PARABLE WEALTH ADVISORS FORM ADV PART 2A FIRM BROCHURE"}],"brochureCoverage":{"scope":"sec_inventory","status":"reviewed","checkedAt":"2026-10-22T16:25:03.350655+00:00","documents":[{"name":"2026 PARABLE WEALTH ADVISORS FORM ADV PART 2A FIRM BROCHURE","status":"read","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1030159","versionId":1030159,"submittedOn":"2026-03-27"}]},"custodians":[{"name":"Charles Schwab & Co., Inc.","shortName":"Charles Schwab","location":"San Francisco, CA","smaAssets":174890519}],"custodyNote":"Parable has custody of $63.5M for 27 clients.","otherCustodians":[],"leadership":[{"name":"Stephen Kyle","title":"Chief Compliance Officer","crd":"6527342"},{"name":"John Ginn","title":"Member","crd":"6931340"},{"name":"Thomas Haggerty","title":"Member","crd":"4230340"},{"name":"Scott Patrou","title":"Member","crd":"6947479"}],"ownership":[{"label":"Thomas Haggerty","detail":"Member in the 25% to 50% ownership band and a control person, since June 2019."},{"label":"Scott Patrou","detail":"Member in the 25% to 50% ownership band and a control person, since June 2019."},{"label":"John Ginn","detail":"Member in the 25% to 50% ownership band and a control person, since June 2019."}],"branchOffices":null,"filedOffices":{"otherThanPrincipal":1,"privateResidences":0},"listedOfficeAddresses":2,"foreignOffices":[],"officesByState":[{"state":"Florida","offices":2,"addresses":[{"street":"460 A1a Beach BLVD.","city":"St Augustine","headquarters":true},{"street":"60 Ocean BLVD","city":"Atlantic Beach"}]}],"advFacts":{"source":{"file":"ia100226.zip","asOf":"2 October 2026"},"telephone":"904-420-0008","stateRegisteredReps":4,"otherAdviserReps":0,"compensation":["A percentage of assets under management","Fixed fees (other than subscription fees)"],"activities":["Financial planning services","Portfolio management for individuals and/or small businesses","Pension consulting services"],"financialPlanningClients":"0","assetMix":[{"label":"Exchange-traded equity securities","percent":37},{"label":"U.S. government/agency bonds","percent":6},{"label":"U.S. state and local bonds","percent":4},{"label":"Investment grade corporate bonds","percent":10},{"label":"Securities issued by registered investment companies or business development companies","percent":35},{"label":"Cash and cash equivalents","percent":9}],"privateFunds":0},"sources":{"adv1FilingDate":"17 June 2026","adv1Url":"https://reports.adviserinfo.sec.gov/reports/ADV/304873/PDF/304873.pdf","brochureDate":"27 March 2026","brochureUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1030159","iapdCompiledDate":null,"retrievedDate":"15 October 2026","retrievedOn":"2026-10-15","updatedOn":"2026-10-22","holdingsUpdatedOn":"2026-10-21","adv1Pages":{},"brochurePages":{}},"otherBusiness":[],"faq":[{"question":"How many clients does Parable have?","answer":"Parable has 94 clients and manages $176 million for them, as of June 2026. They include 45 high-net-worth individuals, 43 individual clients, and 6 corporations and other businesses.","source":"Form ADV Part 1A, Items 5.D and 5.F, filed 17 June 2026","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does Parable offer?","answer":"Parable provides financial planning, portfolio management for individuals and small businesses, and pension consulting.","source":"Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"How much does Parable charge?","answer":"Parable charges 0.50%–1.00% a year for its Portfolio Management Services. The fee is billed in advance and is negotiable.","source":"2026 PARABLE WEALTH ADVISORS FORM ADV PART 2A FIRM BROCHURE, filed 27 March 2026","sourceRef":{"doc":"brochure","section":"fees"}},{"question":"Which custodians does Parable use?","answer":"Parable’s separately managed account assets are held at Charles Schwab & Co., Inc. (San Francisco, CA), with $175M. Only custodians holding at least a tenth of those assets are named.","source":"Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 17 June 2026","sourceRef":{"doc":"adv1","section":"custodians"}},{"question":"How many financial advisors does Parable have?","answer":"Parable has 4 investment adviser representatives registered with state securities authorities, out of 5 employees, and 4 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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What does Parable invest in?","answer":"At the end of its last fiscal year, Parable’s separately managed accounts held 37% exchange-traded equities, 35% registered funds (mutual funds, ETFs, BDCs), 10% investment grade corporate bonds, 9% cash and equivalents, 6% U.S. government and agency bonds and 4% state and local bonds.","source":"Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Who owns Parable?","answer":"Parable’s direct owners are Thomas Haggerty, Scott Patrou and John Ginn, each holding 50% or less.","source":"Form ADV Part 1A, Schedules A and B, filed 17 June 2026","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does Parable get paid?","answer":"Parable 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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"How do I contact Parable?","answer":"Parable’s main office is at 460 A1a Beach BLVD., St Augustine, FL 32080. Its phone number is 904-420-0008. Its website is parableadvisors.com.","source":"Form ADV Part 1A, Item 1.F, filed 17 June 2026","sourceRef":{"doc":"adv1","section":"offices"}}],"holdings":null,"notice":"Compiled from public SEC Form ADV filings on the dates in `sources`. Facts as filed; not a rating, ranking, or recommendation. Niva is not affiliated with this firm. Disciplinary history is deliberately not included here or on the page; the SEC publishes the complete record at the `iapdUrl` above."}