Parcion Private Wealth LLC

Parcion Private Wealth, LLC is a registered investment adviser based in Bellevue, WA, offering financial planning, consulting, and investment management services. The firm was established in October 2020 and is owned by Terrance L. Cook. Parcion provides comprehensive wealth management services, including discretionary and non-discretionary management of investment portfolios, with a focus on individual equities, debt securities, ETFs, mutual funds, and cash equivalents. Clients can expect an annual fee ranging between 0.60% to 1.50% based on assets under management, prorated and charged quarterly. Parcion may also recommend certain clients invest in alternative investments like structured notes or privately placed securities. The firm has the authority to exercise discretion on behalf of clients and can trade on their behalf without prior consent. Parcion offers a broad range of wealth management and consulting services, including business planning, estate planning, retirement planning, and tax planning. The firm monitors client portfolios continuously and conducts formal reviews at least annually. Clients receive account statements directly from the custodian holding their assets and can also receive written reports from Parcion. Overall, Parcion Private Wealth, LLC provides personalized wealth management services tailored to individual client needs, with a focus on transparency, client communication, and comprehensive financial planning.