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RIA comparison · SEC Form ADV

Plancorp, LLC vs Parallel Advisors, LLC

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

The short answer

Plancorp, LLC is the larger of the two, with $11B in regulatory assets to $10B at Parallel Advisors, LLC, 3% more than its rival, by their latest Form ADV filings. Parallel Advisors, LLC reports more individual clients (4,169 vs 2,251), while Plancorp, LLC’s clients hold more on average (about $4.2 million each against $2.2 million). Plancorp, LLC is based in Saint Louis, Missouri and Parallel Advisors, LLC in SAN Francisco, California.

FigurePlancorp, LLCParallel Advisors, LLC
Regulatory AUM$11B$10B
National rank#90#92
HeadquartersSaint Louis, MissouriSAN Francisco, California
Individual clients2,2514,169
High-net-worth clients1,2841,013
Average client assets$4.2 million$2.2 million
Accounts9,2004,242
Discretionary87% of AUM100% of AUM
Employees112137
Advisory staff5261
Clients per advisory employee4368
Offices1321
Form ADV filed2026-09-102026-06-29

Plancorp, 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

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

Questions

Which is bigger, Plancorp, LLC or Parallel Advisors, LLC?

Plancorp, LLC, with $11B in regulatory assets under management against $10B at Parallel Advisors, LLC. Nationally they rank #90 and #92 among 5,657 independent wealth management RIAs.

How many clients do Plancorp, LLC and Parallel Advisors, LLC have?

Plancorp, LLC reports 2,251 individual clients (1,284 high-net-worth) with 52 advisory employees; Parallel Advisors, LLC reports 4,169 (1,013 high-net-worth) with 61 advisory employees.

How do Plancorp, LLC and Parallel Advisors, LLC charge clients?

They list the same forms of compensation on Form ADV: a percentage of assets under management; hourly charges; fixed fees. Fee schedules and minimums are in each firm’s Form ADV Part 2A brochure.

What services do Plancorp, LLC and Parallel Advisors, LLC offer?

They list the same advisory services on Form ADV: financial planning; portfolio management for individuals and small businesses; portfolio management for businesses and institutions; pension consulting; 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: Plancorp, LLC ↗, Parallel Advisors, LLC ↗. How to check a financial advisor →