Parkside Advisors LLC

Parkside Advisors LLC, formerly Grubman Wealth Management, was established in 1996 by Charles Benziger and Audrey Grubman. The firm serves individuals, trusts, estates, corporations, and other entities, acting as a fiduciary committed to providing investment management services in the best interest of each client. Parkside offers Investment Management Services, creating and managing portfolios based on individual financial objectives and income tax considerations. The firm typically utilizes a diversified global asset allocation strategy with index-linked exchange-traded funds or mutual funds. Parkside may engage subadvisors for certain clients' portfolios. Financial Planning Services include comprehensive planning on various personal finance aspects, while Tax Planning services aim to help clients reduce tax liabilities. Parkside charges an annual fee based on a percentage of assets under management, with fees billed quarterly. Clients may negotiate fees based on engagement circumstances. The firm does not charge performance-based fees and primarily serves individuals, high-net-worth individuals, and corporations with investment assets of $2.0 million or more. Parkside's Investment Management Committee conducts security analysis for client accounts, with portfolios based on benchmark portfolios determined through financial planning discussions. The firm provides sustainable investment options and may engage in stock options strategies with client consent. Clients grant Parkside investment discretion through a limited power of attorney, allowing the firm to manage accounts. Parkside does not vote proxies for clients and recommends establishing accounts with Fidelity or Schwab. The firm does not receive commissions or compensation from sources other than clients.