Parvin Asset Management, LLC
Data sourced from SEC public records (and other sources when available). Refreshed weekly • Updated today.
Client AUMClient assets under management
$164,937,146
Clients
94
Advisors
4
across 3 offices
About
Parvin Asset Management provides discretionary portfolio management to individuals, families, trusts, pension and profit‑sharing plans, charitable organizations, corporations, small businesses and investment companies, overseeing roughly $177.7 million in discretionary assets (about $1.3 million non‑discretionary) across approximately 94 client relationships. The firm also delivers limited non‑discretionary investment supervisory services to a community bank trust department and operates as sub‑adviser to registered funds through an affiliated adviser, Parvin Fund Management.
The firm uses a fundamentally driven, value-oriented process augmented by quantitative screens and third‑party research from Solari Investment Screens, with particular screening support for companies in the precious‑metals sector. Portfolio implementation spans long‑only equity strategies, hedged equity accounts that employ option contracts for downside protection, fixed‑income and ultrashort Treasury strategies, and selective private equity offerings to qualified investors.
Parvin traces its operations to Swan Asset Management (operations beginning December 2000) and is structured as a small, concentrated practice under a sole member, J. Steven Smith, which the firm discloses in its regulatory materials. Compared with many peers, Parvin’s combination of serving registered investment company clients, providing bank trust supervisory services, acting as sub‑adviser to affiliated funds, and actively using option‑based hedging and other derivatives within separately managed accounts is an uncommon mix for a firm of its size, and the brochure describes specific policies (e.g., rotation of block trades and not charging advisory fees on portions invested in its funds) intended to address potential conflicts.
Client services
Expertise
Fee options
$0 - $10 Million: 1.25% (Hedged Equity strategy) $10 Million - $50 Million: 1.00% (Hedged Equity strategy) $50 Million+: 0.75% (Hedged Equity strategy) $0 - $10 Million: 1.00% (Select Equity & Balanced strategies) $10 Million - $50 Million: 0.80% (Select Equity & Balanced strategies) $50 Million+: 0.60% (Select Equity & Balanced strategies) $0 - $10 Million: 0.50% (Fixed Income strategy) $10 Million - $50 Million: 0.40% (Fixed Income strategy) $50 Million+: 0.30% (Fixed Income strategy) $0 - $10 Million: 0.25% (Ultrashort Treasuries strategy) $10 Million - $50 Million: 0.20% (Ultrashort Treasuries strategy) $50 Million+: 0.15% (Ultrashort Treasuries strategy) $0 - $10 Million: 0.50% (Hedged Ultrashort Treasuries strategy) $10 Million - $50 Million: 0.40% (Hedged Ultrashort Treasuries strategy) $50 Million+: 0.30% (Hedged Ultrashort Treasuries strategy)
Account minimum: $500,000 Fee-only: Fees are negotiable; minimum account size can be waived at Parvin's discretion.
Main office
See office401 E. 8th Street, Suite 200 C
Sioux Falls SD 57103
Advisors at this office
2
Offices (3)
Most active in
California · Georgia · Illinois · North Carolina · Pennsylvania · South Carolina · South Dakota · Texas
Also doing business as
Parvin Asset Management · Parvin Asset Management, LLC
Disclosures
Exclamation point means they have disclosures of this type. Check mark means no disclosures of this type were found.
Business activities & affiliations
Is not active or affiliated with:
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Insurance agent
They sell insurance products and may earn commissions on those sales.
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Broker-dealer / trader
They provide brokerage services and may earn transaction-based compensation in addition to advisory fees.
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Bank
They're affiliated with a bank that may offer its own financial products and services.
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Trust company
They provide trust and estate administration services, typically for separate fees.
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Fund sponsor
They manage or sponsor investment funds and may earn management or performance-based fees if clients invest in them.
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Accountant / CPA / tax prep
They offer tax and accounting services, typically for separate fees.
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Lawyer
They provide legal services, typically billed separately.
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Real estate agent
They facilitate real estate transactions and may earn commissions.
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Other specialized services
They may provide services such as pension consulting or municipal advisory work, typically for separate fees.
Advisors at this firm
James S
Series 63, Series 65
Sioux Falls, SD
Parvin Asset Management, LLC
James Smith is a financial advisor with Parvin Asset Management, LLC, holding Series 63 and Series 65 credentials and 24 years of industry experience. He worked at Swan Asset Management LLC for 21 years before joining Parvin Asset Management in 2021, where he currently serves as Managing Director and Portfolio Manager. Parvin Asset Management provides discretionary portfolio management to individuals, families, trusts, pension and profit-sharing plans, charitable organizations, corporations, small businesses, and investment companies. The firm employs a fundamentally driven, value-oriented investment process enhanced by quantitative screens and third-party research, offering a range of strategies including long-only equity, hedged equity, fixed income, ultrashort Treasury, and selective private equity.
Richard P
Series 63, Series 65
Aiken, SC
Parvin Asset Management, LLC
Richard Preston is a financial advisor with Parvin Asset Management, LLC, holding Series 63 and Series 65 designations and bringing 22 years of industry experience. He has been with Swan Asset Management, LLC since 2015. Parvin Asset Management provides discretionary investment supervisory services to individuals, families, trusts, pension and profit-sharing plans, charitable organizations, and small businesses. The firm emphasizes fundamental company analysis combined with quantitative screening and third-party research, offering tailored portfolios and hedged strategies that utilize options to manage market risk.
Todd K
Series 63, Series 65
Phoenixville, PA
Parvin Asset Management, LLC
Todd Keating is a financial advisor with Parvin Asset Management, LLC, holding Series 63 and Series 65 credentials and 19 years of industry experience. He previously worked at Citizens Financial Group, Inc. for 10 years before joining Parvin Asset Management in 2022. Parvin Asset Management provides discretionary portfolio management to individuals, families, trusts, pension and profit-sharing plans, charitable organizations, corporations, small businesses, and investment companies. The firm employs a fundamentally driven, value-oriented investment process supported by quantitative screens and third-party research, offering a range of strategies including long-only equity, hedged equity with option contracts, fixed income, and selective private equity.
George M
Series 65
Sioux Falls, SD
Parvin Asset Management, LLC
George Meschter is a financial advisor at Parvin Asset Management, LLC, holding a Series 65 credential with one year of industry experience. He previously worked at Capstone for six years and at FVMAC for two years. Parvin Asset Management provides discretionary portfolio management to a diverse client base including individuals, families, trusts, pension and profit-sharing plans, and charitable organizations. The firm employs a fundamentally driven, value-oriented investment process supported by quantitative screens and third-party research, offering strategies across equities, fixed income, and selective private equity.
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