Parcion Private Wealth provides financial planning, portfolio management for individuals and small businesses, selecting other managers, and educational seminars. Financial planning was provided to 101–250 clients last fiscal year.
Parcion Private Wealth reports 165 clients. They include 106 high-net-worth individuals and 59 individual clients. Of its assets, 72.0% ($2.13B across 941 accounts) are managed with discretion; $826M across 930 accounts are not.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 36% | 3% |
| High-net-worth individuals | 64% | 97% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 59 | $95.1M | 3.2% | $1.61M |
| High-net-worth individuals | 106 | $2.86B | 96.8% | $26.9M |
| Total | 165 | $2.95B | 100% | $17.9M |
- Clients
- 59
- Regulatory AUM
- $95.1M
- AUM share
- 3.2%
- Avg. per client
- $1.61M
- Clients
- 106
- Regulatory AUM
- $2.86B
- AUM share
- 96.8%
- Avg. per client
- $26.9M
Total
- Clients
- 165
- Regulatory AUM
- $2.95B
- AUM share
- 100%
- Avg. per client
- $17.9M
- Clients outside the U.S.
- 0%
- Clients advised without assets under management last fiscal year
- 0
- Private funds advised
- 0
- Financial planning clients last fiscal year
- 101–250
Parcion Private Wealth charges 0.60%–1.50% a year for its Investment Management Fees. The fee is billed in arrears, is negotiable and requires an account of at least $10,000,000. The brochure also prices one other service, listed under fee details.
Fee details and sources
Other fees
- Stand-Alone Financial Planning and Consulting
- Fixed or hourly fees, negotiable; the maximum hourly rate is $500.
Terrance Cook owns 75% or more of Parcion Private Wealth. The leadership team of Parcion Private Wealth includes Chief Investment Officer Arthur Zaske and Chief Compliance Officer Samuel King. It has 28 employees, 14 of them in advisory roles.
Leadership
- Samuel KingChief Compliance Officer
- Kathleen CarbonePartner
- Arthur ZaskeChief Investment Officer
- Terrance CookManaging Member
Investment adviser representatives
15 representatives listed in the SEC register as of 9 October 2026.
- Diego Arias
- Peter Barnes
- Peter Gabriel Besel
- Kathleen Elizabeth Carbone
- Zachary Shaw Cleveland
- Terrance Leo Cook
- Jack Dolan
- Stacee Leigh Kratovil
- Kalena Larry Laurent
- Abigail Frances Miller
- Nathan James Mumford
- Jennifer Nagai
- Kevin Lewis Penner
- Daniel Reuben
- Tyler Frank Rockwell
Staff
- 28 employees
- 14 in advisory functions
- 10 state-registered reps
- 1 insurance agent
- 2 soliciting firms
- Owns 75% or more of Parcion Private Wealth LLC
Terrance Cook
Control person · since October 2019
Parcion Private Wealth’s regulatory assets grew 1.9× from $1.52B (April 2021) to $2.95B (March 2026); clients fell from 186 to 165 and employees rose from 20 to 28.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | Employees | Offices |
|---|---|---|---|---|
| March 2026 | $2.95B | 165 | 28 | 1 |
| April 2025 | $2.53B | 175 | 25 | 1 |
| March 2024 | $2.19B | 298 | 29 | 1 |
| April 2023 | $1.75B | 252 | 28 | 1 |
| March 2022 | $2.11B | 541 | 22 | 1 |
| April 2021 | $1.52B | 186 | 20 | 1 |
Besides its headquarters, Parcion Private Wealth has 0 offices, with 1 listed address in Washington.
Washington · 1 listed address
- 11980 Ne 24th St, Suite 210, BellevueHQ
Contact and registration details
- Legal name
- Parcion Private Wealth LLC
- Headquarters
- 11980 Ne 24th St, Suite 210, Bellevue, WA 98005
- Website
- parcionpw.com
- Phone
- 425-278-9555
- @29349000
- SEC file
- 801-117477
- Structure
- Delaware LLC
- Fiscal year end
- December
Parcion Private Wealth uses Fidelity ($2.7B) as custodian for its separately managed accounts. Parcion Private Wealth has custody of $137M in client assets for 66 clients.
- FidelityFidelity Brokerage Services LLC · Boston, MA · $2.7B100%
At year end, Parcion Private Wealth’s separately managed accounts were largely in funds (48%) and stocks (28%). Its reported 13F holdings for the quarter ended 30 June 2026 total $1.8B across 529 positions; the largest are iShares TR (7.2%), Dimensional ETF Trust (5.9%) and First TR Exchange Traded FD (3.7%).
What the accounts hold
- Stocks28%
- Funds48%
- Bonds4%
- State and local bonds3%
- U.S. government and agency bonds1%
- Cash7%
- Other13%
- Private lp's/investments variable annuities structured notes13%
Reported 13F holdings
- $1.8B
- Reported 13F value
- 529
- Positions
- 36.5%
- In the 10 largest
- +11.6%
- Value vs. prior quarter
- iShares TR · Core MSCI Eafe7.2%
- Dimensional ETF Trust · Emerging Mkts CO5.9%
- First TR Exchange Traded FD · Rba Indl ETF3.7%
- Invesco Qqq TR · Unit Ser 13.3%
- iShares TR · National Mun ETF3.0%
- American Centy ETF TR · US Sml CP Valu3.0%
- World Gold TR · SPDR Gld Minis2.8%
- Select Sector SPDR TR · ST Str Real ETF2.6%
- Litman Gregory Fds TR · Imgp Dbi Man ETF2.6%
- Nvidia Corporation2.5%
Together, the ten largest are 36.5% of reported value.
How many clients does Parcion Private Wealth have?
Parcion Private Wealth has 165 clients and manages $2.95 billion for them, as of March 2026. They include 106 high-net-worth individuals and 59 individual clients.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 10 March 2026
What services does Parcion Private Wealth offer?
Parcion Private Wealth provides financial planning, portfolio management for individuals and small businesses, selecting other managers, and educational seminars.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
How much does Parcion Private Wealth charge?
Parcion Private Wealth charges 0.60%–1.50% a year for its Investment Management Fees. The fee is billed in arrears, is negotiable and requires an account of at least $10,000,000.
Source: PARCION PRIVATE WEALTH ADV PART 2A 03.02.2026, filed 10 March 2026
Which custodians does Parcion Private Wealth use?
Parcion Private Wealth’s separately managed account assets are held at Fidelity Brokerage Services LLC (Boston, MA), with $2.7B. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 10 March 2026
How many financial advisors does Parcion Private Wealth have?
Parcion Private Wealth has 10 investment adviser representatives registered with state securities authorities, out of 28 employees, and 14 perform investment advisory functions. 0 employees are registered representatives of a broker-dealer and 1 employee is a licensed insurance agent.
Source: Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file
What does Parcion Private Wealth invest in?
At the end of its last fiscal year, Parcion Private Wealth’s separately managed accounts held 48% registered funds (mutual funds, ETFs, BDCs), 28% exchange-traded equities, 13% other, 7% cash and equivalents, 3% state and local bonds and 1% U.S. government and agency bonds. The 13% other category is described as: Private LP'S/Investments Variable Annuities Structured Notes.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Does Parcion Private Wealth have a minimum investment?
Yes, Parcion Private Wealth’s minimum account size for its Investment Management Fees is $10M.
Source: PARCION PRIVATE WEALTH ADV PART 2A 03.02.2026, filed 10 March 2026
Who owns Parcion Private Wealth?
Parcion Private Wealth’s direct owner is Terrance Cook (75% or more).
Source: Form ADV Part 1A, Schedules A and B, filed 10 March 2026
How does Parcion Private Wealth get paid?
Parcion Private Wealth 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
Is Parcion Private Wealth registered with the SEC?
Yes, Parcion Private Wealth has been registered with the SEC as an investment adviser since 11 October 2019. Its CRD number is 305115 and its SEC file number is 801-117477.
Source: Form ADV Part 1A, Item 1, filed 10 March 2026; IAPD firm record
How do I contact Parcion Private Wealth?
Parcion Private Wealth’s main office is at 11980 Ne 24th St, Suite 210, Bellevue, WA 98005. Its phone number is 425-278-9555. Its website is parcionpw.com.