# Precipio Wealth Management

Precipio Wealth Management is a Single Family Office based in McLean, United States.

## Overview

- **Organization type:** Single Family Office
- **Headquarters:** McLean, United States
- **Region:** North America
- **Address:** 8180 Greensboro Drive, Suite 1010, McLean, VA 22102
- **Assets under management:** Undisclosed
- **Website:** precipiowealth.com
- **LinkedIn:** linkedin.com/company/precipio-wealth-management-llc

## Regulatory record

- **Reports private funds:** No

## About

Precipio Wealth Management was established by Edgar L. Parrish and Katherine M. Parrish. The Parrish Family Foundation operates alongside the office as a separate philanthropic vehicle. The firm deploys capital through direct co-investments, SPVs, and fund-of-funds vehicles. Asset classes include public equities, private equity, and other private-market exposures. Allocations remain concentrated in North America. Confirmed structures emphasize long-term holding periods without external fund marketing. Mercer Global Advisors acquired Precipio Wealth Management in 2021. The transaction integrated the office into a larger national platform while preserving its family-office mandate. No additional offices or headcount figures have been disclosed. The Parrish principals retain operational leadership post-acquisition. This hybrid arrangement allows continued direct deal access alongside platform-level resources for custody and reporting.

## People

- Edgar L. Parrish — Managing Principal
- Katherine M. Parrish — Managing Principal

## Questions

### Who runs investment decisions at Precipio Wealth Management?

Edgar L. Parrish and Katherine M. Parrish serve as Managing Principals and set investment policy.

### Does Precipio Wealth Management participate in fund commitments or only direct deals?

The firm uses both direct co-investments via SPVs and commitments to external funds.

### Where does Precipio Wealth Management invest geographically?

Allocations are concentrated in North America.

### How is Precipio Wealth Management related to Mercer Global Advisors?

Mercer Global Advisors acquired the firm in 2021 and integrated it into its national platform.

### Does Precipio Wealth Management maintain philanthropic structures?

The Parrish Family Foundation operates as a separate entity alongside the family office.

## Related profiles

- [Prairie Management Group](https://altss.com/profile/prairie-management-group-segal-family-office)
- [Premia Capital](https://altss.com/profile/premia-capital)

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Last updated: 2026-07-06T01:24:23.596Z

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