Parkshore Wealth Management provides financial planning, portfolio management for individuals and small businesses, portfolio management for institutions, pension consulting, selecting other managers, estate planning, insurance, tax planning, and tax preparation. Financial planning was provided to 251–500 clients last fiscal year.
Parkshore Wealth Management reports 528 clients. They include 368 individual clients, 154 high-net-worth individuals, and 6 pension and profit-sharing plans. Of its assets, 92.8% ($480M across 1,463 accounts) are managed with discretion; $37.4M across 148 accounts are not. It advised 5 clients without assets under management last fiscal year.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 70% | 24% |
| High-net-worth individuals | 29% | 75% |
| Pension and profit-sharing plans | 1% | 1% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 368 | $124M | 23.9% | $336K |
| High-net-worth individuals | 154 | $388M | 74.8% | $2.52M |
| Pension and profit-sharing plans | 6 | $6.76M | 1.3% | $1.13M |
| Total | 528 | $518M | 100% | $981K |
- Clients
- 368
- Regulatory AUM
- $124M
- AUM share
- 23.9%
- Avg. per client
- $336K
- Clients
- 154
- Regulatory AUM
- $388M
- AUM share
- 74.8%
- Avg. per client
- $2.52M
- Clients
- 6
- Regulatory AUM
- $6.76M
- AUM share
- 1.3%
- Avg. per client
- $1.13M
Total
- Clients
- 528
- Regulatory AUM
- $518M
- AUM share
- 100%
- Avg. per client
- $981K
- Clients outside the U.S.
- 0%
- Clients advised without assets under management last fiscal year
- 5
- Private funds advised
- 0
- Financial planning clients last fiscal year
- 251–500
Parkshore Wealth Management is paid through a percentage of assets under management, hourly charges, fixed fees (other than subscription fees) and other compensation. The reviewed brochures do not disclose an asset-based fee rate. Read the SEC-filed brochure. The brochure also prices 3 other services, listed under fee details.
Fee details and sources
Other fees
- Estate Planning Tools
- Estate plan document creation $2,000, estate plan reviews $200 per hour and titling assets in a trust $300 per asset, provided through EncoreEstate Plans.
- Hourly Planning and Tax Services
- Planning and tax services at $250 per hour under Wealth Choice or $200 per hour under Wealth Builder; financial plans at $3,750 or $3,000 respectively.
- Wealth Builder Portfolio Management
- Flat 1.00% on all assets for accounts under $250,000, with a minimum fee of $10 per month, debited quarterly in advance.
Harold Anderson owns 75% or more of Parkshore Wealth Management. Daniel Andersen is CEO; the leadership team includes Chief Financial Officer Harold Anderson. It has 10 employees, 4 of them in advisory roles.
Leadership
Daniel AndersenPresident/Chief Executive Officer/Chief Compliance Officer- Harold AndersonChief Financial Officer
Investment adviser representatives
5 representatives listed in the SEC register as of 9 October 2026.
Staff
- 10 employees
- 4 in advisory functions
- 4 state-registered reps
- 2 soliciting firms
- Owns 75% or more of Parkshore Wealth Management
Harold Anderson
Control person · since October 2025
- Owns 5% to 10% of Parkshore Wealth Management
Daniel Andersen
Control person · since October 2025
Parkshore Wealth Management’s regulatory assets grew 1.5× from $341M (March 2021) to $518M (June 2026); clients rose from 437 to 528 and employees from 9 to 10.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | Employees | Offices |
|---|---|---|---|---|
| June 2026 | $518M | 528 | 10 | 5 |
| March 2025 | $455M | 509 | 9 | 4 |
| March 2024 | $399M | 504 | 8 | 4 |
| February 2023 | $363M | 521 | 9 | 4 |
| May 2022 | $374M | 502 | 9 | 4 |
| March 2021 | $341M | 437 | 9 | 2 |
Besides its headquarters, Parkshore Wealth Management has 4 offices (1 private residence, listed without an address), with 4 listed addresses in California and Utah.
California · 2 listed addresses
- 5940 Granite Lake Drive, Granite BayHQ
- 50 Iron Point Circle, Folsom
Utah · 2 listed addresses
- 3300 North Triumph BLVD., Lehi
- 701 S Main St., Logan
Contact and registration details
- Legal name
- Parkshore Wealth Management
- Headquarters
- 5940 Granite Lake Drive, Granite Bay, CA 95746
- Website
- parkshorewealth.com
- Phone
- 916-797-3007
- SEC file
- 801-78573
- Founded
- 2008
- Structure
- California corporation
- Fiscal year end
- December
Parkshore Wealth Management uses Charles Schwab ($508M) as custodian for its separately managed accounts. Parkshore Wealth Management does not have custody of client assets.
- Charles SchwabCharles Schwab & Co., Inc. · Westlake, TX · $508M100%
At year end, Parkshore Wealth Management’s separately managed accounts were mostly in funds (90%). Its reported 13F holdings for the quarter ended 30 June 2026 total $348M across 72 positions; the largest are Dimensional ETF Trust (30.2%), Dimensional ETF Trust (10.9%) and American Centy ETF TR (7.1%).
What the accounts hold
- Stocks8%
- Funds90%
- Bonds1%
- Cash1%
Reported 13F holdings
- $348M
- Reported 13F value
- 72
- Positions
- 76.7%
- In the 10 largest
- +16.4%
- Value vs. prior quarter
- Dimensional ETF Trust · US Cor Equ 2 ETF30.2%
- Dimensional ETF Trust · Core Fixe IN ETF10.9%
- American Centy ETF TR · US Sml CP Valu7.1%
- Dimensional ETF Trust · Intl Core EQT MK6.6%
- Dimensional ETF Trust · US High Prof ETF4.5%
- Dimensional ETF Trust · Shor Dur Fix ETF4.4%
- Dimensional ETF Trust · Global Sustaina3.5%
- Apple Inc.3.2%
- American Centy ETF TR · US EQT ETF3.2%
- American Centy ETF TR · Intl Smcp Vlu3.1%
Together, the ten largest are 76.7% of reported value.
How many clients does Parkshore Wealth Management have?
Parkshore Wealth Management has 528 clients and manages $518 million for them, as of June 2026. They include 368 individual clients, 154 high-net-worth individuals, and 6 pension and profit-sharing plans.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 11 June 2026
What services does Parkshore Wealth Management offer?
Parkshore Wealth Management provides financial planning, portfolio management for individuals and small businesses, portfolio management for institutions, pension consulting, selecting other managers, estate planning, insurance, tax planning, and tax preparation.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file; Part 2A brochure, Item 4
Which custodians does Parkshore Wealth Management use?
Parkshore Wealth Management’s separately managed account assets are held at Charles Schwab & Co., Inc. (Westlake, TX), with $508M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 11 June 2026
How many financial advisors does Parkshore Wealth Management have?
Parkshore Wealth Management has 4 investment adviser representatives registered with state securities authorities, out of 10 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
What does Parkshore Wealth Management invest in?
At the end of its last fiscal year, Parkshore Wealth Management’s separately managed accounts held 90% registered funds (mutual funds, ETFs, BDCs), 8% exchange-traded equities, 1% U.S. government and agency bonds and 1% cash and equivalents.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Parkshore Wealth Management?
Parkshore Wealth Management’s direct owners are Harold Anderson (75% or more) and Daniel Andersen (5% to 10%).
Source: Form ADV Part 1A, Schedules A and B, filed 11 June 2026
How does Parkshore Wealth Management get paid?
Parkshore Wealth Management is paid through a percentage of assets under management, hourly charges, fixed fees and other compensation. 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 Parkshore Wealth Management registered with the SEC?
Yes, Parkshore Wealth Management has been registered with the SEC as an investment adviser since 23 September 2013. Its CRD number is 148052 and its SEC file number is 801-78573.
Source: Form ADV Part 1A, Item 1, filed 11 June 2026; IAPD firm record
How do I contact Parkshore Wealth Management?
Parkshore Wealth Management’s main office is at 5940 Granite Lake Drive, Granite Bay, CA 95746. Its phone number is 916-797-3007. Its website is parkshorewealth.com.