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Parcion Private Wealth
Parcion Private Wealth was established in 2019 by Terry Cook. The firm grew from the partners' prior advisory work at UBS serving business owners in the...
Parcion Private Wealth
Parcion Private Wealth was established in 2019 by Terry Cook. The firm grew from the partners' prior advisory work at UBS serving business owners in the region. The firm allocates across hedge funds, private equity, real estate and fund-of-funds vehicles. Confirmed public holdings include Microsoft Corporation, NVIDIA Corporation and Coinbase Global. It also maintains exposure to Ethereum ETFs and gold through SPDR Gold MiniShares. Geographic focus centers on North America with additional indicated interest in mobility and transportation sectors. The team includes Chief Investment Officer Dan McCollum, who joined from Hirtle Callaghan. Parcion maintains a donor advised fund established in 2019 that supports education, health and community causes including Seattle Children's Hospital. In September 2025 the firm sponsored its Signature Event in Woodinville, WA focused on legacy preservation. The firm operates as an independent multi-family office rather than a captive vehicle tied to a single wealth creator. This structure allows it to accept multiple families while retaining direct custody relationships with Fidelity and technology platforms including Addepar.
General information
Firm type
Multi Family Office
Year founded
2019
Location
Region
North America
Country
United States
City
Bellevue
Corporate office
10900 NE 4th St, Suite 2300, Bellevue, WA 98004
Principals
Terry Cook
CEO and Managing Principal
Kathleen Carbone
Chief Advisory Officer and Principal
Altss tracks 1 additional named team member for this firm — including direct investment leads, IR, and operating principals not listed on the public website.
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Frequently asked questions
Who runs investment decisions at Parcion Private Wealth?
Dan McCollum serves as Chief Investment Officer. He previously held the Deputy CIO role at Hirtle Callaghan.
Does Parcion participate in fund commitments or only direct deals?
The firm deploys across hedge funds, private equity funds and fund-of-funds vehicles in addition to direct public equity positions.
What investment stages does Parcion typically target?
The firm focuses on established public companies and private market strategies suited to liquidity-event clients rather than early-stage venture.
Where does the underlying wealth come from?
The client base consists of entrepreneurs, business owners and first-generation wealth creators in the Pacific Northwest.
Does Parcion maintain philanthropic structures?
Yes. The firm operates a donor advised fund established in 2019 that directs revenue contributions and employee donations to education, health and community organizations.
How does Parcion source proprietary deal flow?
The firm leverages relationships from its founders' prior UBS practice and participation in networks including Tiger 21 and the Bellevue Chamber of Commerce.
Is Parcion structured as a single family office or does it operate more like a venture firm?
Parcion operates as a multi-family office that accepts multiple client families while providing concierge planning and investment management.
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
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