# Parcion Private Wealth

Parcion Private Wealth is a Multi Family Office based in Bellevue, United States.

## Overview

- **Organization type:** Multi Family Office
- **Headquarters:** Bellevue, United States
- **Region:** North America
- **Address:** 10900 NE 4th St, Suite 2300, Bellevue, WA 98004
- **Founded:** 2019
- **Assets under management:** Undisclosed
- **Website:** parcionpw.com
- **LinkedIn:** https://www.linkedin.com/company/parcion-private-wealth

## Regulatory record

- **CRD number:** 305115
- **SEC file number:** 801-117477
- **Registration status:** APPROVED
- **Latest Form ADV filing:** 2026-03-10T05:00:00.000Z
- **Reports private funds:** No
- **Private funds reported:** 0
- **IAPD record:** https://adviserinfo.sec.gov/firm/summary/305115

## About

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.

## Sectors

- Hedge Funds
- Real Estate
- Private Equity
- Fund of Funds
- AI/ML

## People

- Terry Cook — CEO and Managing Principal
- Kathleen Carbone — Chief Advisory Officer and Principal

## 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.

### 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.

## Related profiles

- [Sino-Ocean Capital](https://altss.com/profile/sino-ocean-capital)
- [3M Employee Retirement Income Plan](https://altss.com/profile/3m-employee-retirement-income-plan)

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Last updated: 2026-06-03T20:00:00.000Z

Canonical page: https://altss.com/profile/parcion-private-wealth-llc

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