What Parcion Private Wealth does

Parcion Private Wealth, LLC is a privately held, SEC-registered investment advisory firm founded in 2019 and headquartered in Bellevue, Washington. The firm operates as a boutique family office targeting first-generation wealth creators, business owners preparing for or navigating liquidity events, and multi-generational families in the Pacific Northwest. Its service offering extends well beyond portfolio management to include concierge financial planning, estate and legacy planning, tax optimization, family governance, philanthropic advisory, and lifestyle concierge services such as private aviation, luxury travel, and exclusive event access (e.g., Barrett Jackson, Kentucky Derby, The Masters).

The firm generates revenue through recurring, fee-based wealth management and advisory engagements structured as bespoke, quote-based annual retainers tied to assets under management and scope of service. Its go-to-market is high-touch and consultative, relying on referrals, community events, thought-leadership content (including the 'What's Next?' podcast and educational whitepapers), and recognition in national rankings such as Barron's, Forbes/SHOOK, and RIA Edge 100. Parcion maintains a dedicated service team model — Senior Family Advisor, Family Advisor, and Client Service Specialist — supplemented by a vetted network of external specialists, rather than a single-roof multidisciplinary practice. No proprietary technology platform, AI/ML capability, or digital self-service channel is disclosed; the firm's value proposition is anchored in personal relationships, integrated life-management services, and curated community experiences rather than technology differentiation.

Name

Parcion Private Wealth

Legal name

Parcion Private Wealth, LLC

Website

https://parcionpw.com

Company type

Private

Founded year

2019

Operating status

Operating

Headcount range

11–50 employees

Short description

Parcion Private Wealth is a Bellevue-based, SEC-registered boutique family office providing integrated wealth management, estate planning, tax, and concierge services to first-generation wealth creators, business owners, and their families in the Pacific Northwest.

Ownership category

akta.pro rank

Product category

Private Wealth Management

NAICS

Portfolio Management and Investment Advice (523940)

SIC

Investment Advice (6282)

akta.pro primary industry

Private Banking Business Owners & Entrepreneur Solutions (Liquidity Events, Pre-IPO) (FSABADAK)

akta.pro secondary industries

Private Banking Advisory & Discretionary Portfolio Management (FSABADAD), Private Banking & UHNW Wealth Advisory (FSAEABAC), Private Wealth Planning (Tax, Estate & Succession) (FSAAABAE)

Keywords

• Wealth management services
• Family office services
• Estate planning
• Investment advisory
• Financial planning

Headquarters

HQ city

Bellevue

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure

Revenue model

1. Wealth Management and Advisory Services: Parcion generates revenue through comprehensive wealth management services including investment management, financial planning, estate planning, and concierge services for high-net-worth families. The firm operates as a registered investment adviser with the SEC, providing personalized advisory services to a limited number of client families.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels6 records

Core offering

Parcion Private Wealth operates as a boutique, independent registered investment advisory firm and private family office. It delivers comprehensive wealth management for first-generation wealth creators, business owners, and their families, including concierge financial planning, personalized investment management with tax-efficient strategies, estate and legacy planning, liquidity-event management, and lifestyle concierge services such as travel, aviation, and concierge medicine.

Product overview

Parcion Private Wealth operates as a single, unified family office service offering. The firm provides boutique-style wealth management for business owners and first-generation wealth creators, encompassing concierge financial planning, personalized investment management with tax-efficient strategies, estate and legacy planning, and specialized services for managing liquidity events such as business sales. Additional offerings include lifestyle concierge services (luxury travel, private aviation, concierge medicine), exclusive client events, and educational content through the 'What's Next?' podcast. The company was founded approximately 5 years ago (circa 2019) and is headquartered in Bellevue, Washington.

Differentiator

Problem solved

Functional benefit

Products and services

• Family Office Wealth Management
• Investment Management
• Estate and Legacy Planning
• Liquidity Event and Tax Planning
• Concierge and Lifestyle Services

Named customers1 record

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Eight partnerships are on record, tiered core and minor.

• Ares ManagementcoreStrategic or Co-development Partner · 17 October 2024Parcion partnered with Ares Management for the 'From Sidelines to Stakeholders' event to share insights into private investing, specifically focusing on sports leagues, teams, media, and entertainment enterprises as an alternative asset class.
• Fidelity Center for Family EngagementcoreStrategic or Co-development PartnerMike McGrann from the Fidelity Center for Family Engagement appeared on Parcion's 'What's Next?' podcast episode 'Unlocking Generational Wealth Conversations' to discuss legacy preservation and wealth communication with host Terry Cook.
• Big Brothers Big SistersminorOthersLong-time partner and sponsor of Big Brothers Big Sisters Puget Sound. Parcion helped raise over $800,000 for youth of the Puget Sound communities.
• Seattle Children's Legacy CouncilminorOthersParcion team participates annually in Seattle Children's Legacy Advisors' Luncheon and Golf Outing. Kathleen Carbone serves as Vice-Chair of the Seattle Children's Legacy Council.
• Mike Tice FoundationminorOthersParcion supported the Mike Tice Foundation and the Boys and Girls Club of South Puget Sound, raising over $200,000 in one afternoon.
• Boys and Girls Club of South Puget SoundminorOthersParcion supported the Mike Tice Foundation and the Boys and Girls Club of South Puget Sound, raising over $200,000 in one afternoon.
• Park Place LTDminorOthersPark Place LTD served as the venue for Parcion's 'From Sidelines to Stakeholders' event on October 17, 2024.
• Bellevue ClubminorOthersThe Bellevue Club is the venue for Parcion's annual Signature Events, including the 2024, 2025, and 2026 events.

Scale indicators4 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Aspiriant: Boutique, fee-only RIA serving high-net-worth families and business owners with comprehensive wealth planning, estate, and tax services. Closely comparable in size, independent-ownership structure, and full-service family-office orientation.
• Savant Wealth Management: Mid-sized fee-only RIA providing comprehensive financial planning and investment management to HNW families and business owners. Comparable size, fee-only model, and integrated planning approach.
• Tolvon Wealth Management: Dallas-based private family office for ultra-high-net-worth families, including those experiencing liquidity events. Highly comparable on the multi-generational, business-owner-focused family-office model.
• Cerity Partners: Multi-family office and wealth management firm serving ultra-high-net-worth families and business owners with integrated investment, tax, estate, and lifestyle services. Comparable client profile (HNW business owners) and full-family-office service model.
• Pathstone: Independent, family-owned multi-family office providing investment advisory, trust, tax, and concierge services to HNW families and business owners. Directly comparable on independence, family ownership, and integrated family-office offering.
• Beacon Pointe Advisors: Private, employee-owned RIA serving HNW families, business owners, and institutions with comprehensive wealth advisory and family-office services. Comparable independence, scale, and client focus.

Broad incumbents

• Mariner Wealth Advisors: Large national RIA with a dedicated family-office segment serving business owners and HNW families across tax, estate, and investment services. Larger and PE-backed, but competes for the same liquidity-event client.
• Bessemer Trust: National UHNW wealth and investment management firm with deep multi-generational family-office capabilities. Adjacent competitor for HNW business-owner clients seeking institutional-grade family-office services.
• Mercer Advisors: PE-backed national RIA consolidator with strong HNW and business-owner focus and integrated tax/estate services. A larger, better-capitalized competitor pursuing the same client profile through M&A.
• Creative Planning: One of the largest U.S. RIAs serving HNW and UHNW clients with comprehensive wealth, tax, estate, and family-office services. Larger and broader, but overlapping client base of business owners and HNW families.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/parcion-private-wealth
• Xx.com/parcionpw

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles6 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Parcion Private Wealth