Parkworth Wealth Management, Inc.

Parkworth Wealth Management, Inc. is a financial advisory firm established in 2003, specializing in personal financial planning, investment management, tax, and wealth management services. The firm caters to families and individuals in the San Francisco Bay Area and beyond, offering a comprehensive, multidisciplinary approach to managing personal finances. Their services include financial planning, investment management, equity compensation planning, retirement planning, estate planning, charitable planning, education planning, and risk management. As a fiduciary, Parkworth Wealth Management acts in the best interests of clients, putting their interests above all other considerations. The firm operates on a fee-only basis, receiving compensation solely from fees paid by clients for the services provided. They do not sell any financial products or receive commissions on product sales, ensuring impartial advice. Clients have control over their investment assets, with the firm providing investment management services based on asset allocation, investment selection, and performance reporting. Parkworth Wealth Management primarily uses exchange-traded index funds and no-load index mutual funds for portfolio construction, focusing on minimizing expenses and taxes to increase investment returns. The firm offers financial planning services on an annual retainer fee basis, with an initial financial planning fee typically starting at $3,000. Clients may also engage in project-based planning engagements or hourly planning engagements for specific financial needs. Parkworth Wealth Management reviews accounts quarterly, with periodic performance reports provided to clients. Overall, Parkworth Wealth Management emphasizes a holistic approach to wealth management, integrating investment strategy, tax planning, cash flow, and estate planning to meet clients' financial goals and objectives.