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RIA comparison · SEC Form ADV

Parallel Advisors, LLC vs Bartlett & Co. Wealth Management LLC

Two independent wealth managers side by side: assets, clients, staff, services and fees, from each firm’s own filing.

The short answer

Parallel Advisors, LLC and Bartlett & Co. Wealth Management LLC are almost exactly the same size, with $10B and $10B in regulatory assets (Parallel Advisors, LLC slightly ahead), by their latest Form ADV filings. Parallel Advisors, LLC reports more individual clients (4,169 vs 2,133), while Bartlett & Co. Wealth Management LLC’s clients hold more on average (about $4.1 million each against $2.2 million). Parallel Advisors, LLC is based in SAN Francisco, California and Bartlett & Co. Wealth Management LLC in Cincinnati, Ohio.

FigureParallel Advisors, LLCBartlett & Co. Wealth Management LLC
Regulatory AUM$10B$10B
National rank#92#93
HeadquartersSAN Francisco, CaliforniaCincinnati, Ohio
Individual clients4,1692,133
High-net-worth clients1,0131,351
Average client assets$2.2 million$4.1 million
Accounts4,2426,188
Discretionary100% of AUM99% of AUM
Employees13784
Advisory staff6134
Clients per advisory employee6863
Offices213
Form ADV filed2026-06-292026-03-31

Parallel Advisors, LLC

Full profile →

Services

  • Financial planning
  • Portfolio management for individuals and small businesses
  • Portfolio management for businesses and institutions
  • Pension consulting
  • Selecting other advisers

How it’s paid

  • A percentage of assets under management
  • Hourly charges
  • Fixed fees

Bartlett & Co. Wealth Management LLC

Full profile →

Services

  • Financial planning
  • Portfolio management for individuals and small businesses
  • Portfolio management for businesses and institutions
  • Selecting other advisers
  • Other services

How it’s paid

  • A percentage of assets under management
  • Fixed fees

Questions

Which is bigger, Parallel Advisors, LLC or Bartlett & Co. Wealth Management LLC?

Parallel Advisors, LLC, with $10B in regulatory assets under management against $10B at Bartlett & Co. Wealth Management LLC. Nationally they rank #92 and #93 among 5,657 independent wealth management RIAs.

How many clients do Parallel Advisors, LLC and Bartlett & Co. Wealth Management LLC have?

Parallel Advisors, LLC reports 4,169 individual clients (1,013 high-net-worth) with 61 advisory employees; Bartlett & Co. Wealth Management LLC reports 2,133 (1,351 high-net-worth) with 34 advisory employees.

How do Parallel Advisors, LLC and Bartlett & Co. Wealth Management LLC charge clients?

Only Parallel Advisors, LLC lists hourly charges on Form ADV. Fee schedules and minimums are in each firm’s Form ADV Part 2A brochure.

What services do Parallel Advisors, LLC and Bartlett & Co. Wealth Management LLC offer?

Parallel Advisors, LLC lists pension consulting, which Bartlett & Co. Wealth Management LLC does not. Bartlett & Co. Wealth Management LLC lists other services, which Parallel Advisors, LLC does not. Both offer financial planning; portfolio management for individuals and small businesses; portfolio management for businesses and institutions; selecting other advisers.

More comparisons

Where these numbers come from

Every figure is the firm’s own answer on its latest Form ADV, from the SEC’s registered-adviser list as of October 1, 2026: regulatory assets and accounts (Item 5.F), clients by type (5.D), employees (5.A and 5.B), compensation (5.E) and services (5.G). Average client assets divide the assets held for individual and high-net-worth clients by their number. Ranks compare each firm with all US-based independent wealth management RIAs, the same field as The Largest RIAs. Figures can lag recent deals and market moves.

Not an endorsement or a recommendation of either firm. Before hiring an adviser, read its Form ADV Part 2A brochure and check its record on the SEC’s adviser search: Parallel Advisors, LLC ↗, Bartlett & Co. Wealth Management LLC ↗. How to check a financial advisor →