Parvin Asset Management provides portfolio management for individuals and small businesses, portfolio management for investment companies, and portfolio management for institutions.
Parvin Asset Management reports 101 clients. They include 55 individual clients, 39 high-net-worth individuals, and 3 corporations and other businesses. Of its assets, 99.3% ($178M across 300 accounts) are managed with discretion; $1.28M across 1 account is not.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 54% | 11% |
| High-net-worth individuals | 39% | 81% |
| Banking or thrift institutions | <1% | <1% |
| Investment companies | <1% | 6% |
| Charitable organizations | <1% | <1% |
| Other client typesInsurance companies; Corporations and other businesses | 4% | <1% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 55 | $20.4M | 11.4% | $371K |
| High-net-worth individuals | 39 | $145M | 80.8% | $3.71M |
| Banking or thrift institutions | 1 | $1.28M | 0.7% | $1.28M |
| Investment companies | 1 | $10.1M | 5.7% | $10.1M |
| Charitable organizations | 1 | $1.38M | 0.8% | $1.38M |
| Insurance companies | 1 | $100K | 0.1% | $100K |
| Corporations and other businesses | 3 | $1.14M | 0.6% | $381K |
| Total | 101 | $179M | 100% | $1.77M |
- Clients
- 55
- Regulatory AUM
- $20.4M
- AUM share
- 11.4%
- Avg. per client
- $371K
- Clients
- 39
- Regulatory AUM
- $145M
- AUM share
- 80.8%
- Avg. per client
- $3.71M
- Clients
- 1
- Regulatory AUM
- $1.28M
- AUM share
- 0.7%
- Avg. per client
- $1.28M
- Clients
- 1
- Regulatory AUM
- $10.1M
- AUM share
- 5.7%
- Avg. per client
- $10.1M
- Clients
- 1
- Regulatory AUM
- $1.38M
- AUM share
- 0.8%
- Avg. per client
- $1.38M
- Clients
- 1
- Regulatory AUM
- $100K
- AUM share
- 0.1%
- Avg. per client
- $100K
- Clients
- 3
- Regulatory AUM
- $1.14M
- AUM share
- 0.6%
- Avg. per client
- $381K
Total
- Clients
- 101
- Regulatory AUM
- $179M
- AUM share
- 100%
- Avg. per client
- $1.77M
- Clients outside the U.S.
- 0%
- Clients advised without assets under management last fiscal year
- 0
- Private funds advised
- 0
Parvin Asset Management is paid through a percentage of assets under management. The reviewed brochures do not disclose an asset-based fee rate. Read the SEC-filed brochure.
James Smith owns 75% or more of Parvin Asset Management. The leadership team of Parvin Asset Management includes Chief Investment Officer James Smith and Chief Compliance Officer Todd Keating. It has 6 employees, 3 of them in advisory roles.
Leadership
- Todd KeatingManaging Director, Chief Compliance Officer
- James SmithManaging Director, Chief Investment Officer
Investment adviser representatives
4 representatives listed in the SEC register as of 9 October 2026.
Staff
- 6 employees
- 3 in advisory functions
- 3 state-registered reps
- Owns 75% or more of Parvin Asset Management, LLC
James Smith
Control person · since June 2021
Parvin Asset Management’s regulatory assets grew 1.7× from $103M (July 2022) to $179M (March 2026); clients fell from 116 to 101 and employees were 6 in both filings.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | StaffEmployees | Offices |
|---|---|---|---|---|
| Mar 2026March 2026 | $179M | 101 | 6 | 1 |
| Mar 2025March 2025 | $141M | 97 | 6 | 1 |
| Mar 2024March 2024 | $129M | 99 | 6 | 1 |
| May 2023May 2023 | $132M | 135 | 6 | 1 |
| Jul 2022July 2022 | $103M | 116 | 6 | 2 |
Besides its headquarters, Parvin Asset Management has 0 offices, with 1 listed address in 1 state.
South Dakota · 1 listed address
- 401 E. 8th Street, Suite 200, Sioux FallsHQ
Other business names
Parvin Asset Management has reported 1 other business name to the SEC.
- Parvin Asset Management
Contact and registration details
- Legal name
- Parvin Asset Management, LLC
- Headquarters
- 401 E. 8th Street, Suite 200, Sioux Falls, SD 57103
- Website
- parvinam.com
- Phone
- 610-806-9001
- SEC file
- 801-122001
- Structure
- South Dakota LLC
- Fiscal year end
- December
Parvin Asset Management’s named custodians for separately managed accounts are Charles Schwab ($130M, 81%) and SEI Investments ($29.8M, 19%). Parvin Asset Management does not have custody of client assets.
- Charles SchwabCharles Schwab & Co., Inc. · El Paso, TX · $130M81%
- SEI InvestmentsSEI Investments Co. · Oaks, PA · $29.8M19%
At year end, Parvin Asset Management’s separately managed accounts were mostly in stocks (70%) and cash (11%). Its reported 13F holdings for the quarter ended 30 June 2026 total $127M across 320 positions; the largest are Apple Inc. (5.5%), Newmont Corp. (2.4%) and Agnico Eagle Mines Ltd F (2.4%).
What the accounts hold
- Stocks70%
- Funds8%
- Bonds10%
- U.S. government and agency bonds9%
- Investment grade corporate bonds1%
- Cash11%
- Other1%
- Derivatives1%
Reported 13F holdings
- $127M
- Reported 13F value
- 320
- Positions
- 23.0%
- In the 10 largest
- −8.1%
- Value vs. prior quarter
- Apple Inc.5.5%
- Newmont Corp.2.4%
- Agnico Eagle Mines Ltd F2.4%
- Endeavour Silver Corp. F2.1%
- Hecla Mng CO2.0%
- Royal Gold Inc.1.9%
- State Street Global Advisors SPDR Trust · S&P 500 $650 Exp 06/17/27 PutPut1.8%
- OR Royalties1.7%
- Microsoft Corp.1.7%
- Amgen Inc.1.6%
Together, the ten largest are 23.0% of reported value.
How many clients does Parvin Asset Management have?
Parvin Asset Management has 101 clients and manages $179 million for them, as of March 2026. They include 55 individual clients, 39 high-net-worth individuals, and 3 corporations and other businesses.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 30 March 2026
What services does Parvin Asset Management offer?
Parvin Asset Management provides portfolio management for individuals and small businesses, portfolio management for investment companies, and portfolio management for institutions.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
Which custodians does Parvin Asset Management use?
Parvin Asset Management’s separately managed account assets are held at Charles Schwab & Co., Inc. (El Paso, TX), with $130M and SEI Investments Co. (Oaks, PA), with $29.8M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 30 March 2026
How many financial advisors does Parvin Asset Management have?
Parvin Asset Management 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 Parvin Asset Management invest in?
At the end of its last fiscal year, Parvin Asset Management’s separately managed accounts held 70% exchange-traded equities, 11% cash and equivalents, 9% U.S. government and agency bonds, 8% registered funds (mutual funds, ETFs, BDCs), 1% investment grade corporate bonds and 1% derivatives.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Parvin Asset Management?
Parvin Asset Management’s direct owner is James Smith (75% or more).
Source: Form ADV Part 1A, Schedules A and B, filed 30 March 2026
How does Parvin Asset Management get paid?
Parvin Asset Management is paid through a percentage of assets under management. 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 Parvin Asset Management?
Parvin Asset Management’s main office is at 401 E. 8th Street, Suite 200, Sioux Falls, SD 57103. Its phone number is 610-806-9001. Its website is parvinam.com.