Parcion Private Wealth Celebrates Third Anniversary
Parcion Private Wealth, a Seattle-area wealth management firm focused on helping business owners and entrepreneurs optimize wealth events, celebrated its third anniversary with firmwide growth, increasing its assets under management, and expanding its team of investment professionals.
“Over the past year, our firm has celebrated many milestones, from increasing our overall assets under management to continuing to bolster our team to expand our array of services,” said Parcion Managing Principal Terry Cook, CFP®, CIMA®. “Our growth has further allowed us to create the best experience possible for our clients, and I look forward to continuing this momentum through the years to come.”
In 2022, Parcion welcomed nine new team members, enhancing the firm’s services across investment and wealth transfer strategy, cash flow optimization, and next-generation planning.
Among the firm’s newest team members are Tim Bond, Director of Investment Operations and Portfolio Management, and Stacee Kratovil, Senior Family Advisor. Both Tim and Stacee bring over a decade of industry experience to their roles and since joining Parcion have served as vital assets to clients and team members alike.
In addition to Bond and Kratovil, Parcion further expanded its team by hiring for the roles of Associate, Family Advisor, Client Service Specialist, and Marketing and Brand Manager. With these additions, the firm is now comprised of 29 total team members representing the highest standard of leadership, professionalism, and wealth management in the Pacific Northwest.
As a reputable Registered Investment Advisor (RIA), Parcion’s level of excellence has garnered recognition from around the financial industry, recently earning the firm a ranking on Forbes 2022 list of America’s Top RIA Firms. The prestigious honor recognizes Parcion for its best-in-class client experience and commitment to helping those they serve achieve their financial goals. Over the past three years, the firm has grown its assets under management to more than $2 billion as it continues to enhance its team, services, and client experience.
“Our goal has always been to create a world-class environment and experience for our team members and the clients we work with,” Cook said. “It’s astounding that Parcion has been able to do just that in such a short amount of time, and we’re honored to be recognized for such an achievement. We couldn’t be prouder to receive this distinguished award and be named not only one of the top wealth management firms in the region, but also the nation.”