Parrish Capital, LLC

Parrish Capital is a small SEC-registered advisory firm that serves individuals (including high-net-worth clients), nonprofit endowments, corporations, and retirement plans. The firm offers discretionary portfolio management, financial planning, retirement plan advisory and participant education, and periodic consultation services, managing roughly $150 million across about 234 client relationships with a two-advisor team.

Investment decisions are driven by fundamental analysis anchored in a standardized research process and are implemented through diversified allocations using mutual funds, ETFs, fixed income, and proprietary model stock portfolios (a Core Growth and an Income model). The firm typically pursues long-term holdings tailored to each client’s goals and integrates ongoing financial planning into its portfolio management process.

A notable and uncommon practice at the firm is permitting borrowing within separately managed accounts (margin), which the brochure flags as relatively rare among peers and discloses as a source of heightened risk and potential conflicts (including effects on advisory fee calculations). Senior personnel have institutional asset-management backgrounds and professional credentials (including a CFA charter) and engage in outside activities such as board service and licensed real estate work, all of which are disclosed and overseen through the firm’s compliance procedures.