Parcion Private Wealth

Parcion is honored to be recognized once again on the Puget Sound Business Journal's list of Top Corporate Philanthropists for 2024. Achieving this distinction for another consecutive year, we proudly stand at #4 among other esteemed organizations committed to affecting positive change. At Parcion, our dedication to making a philanthropic impact and building strong community relationships is at the heart of everything we do. We continuously engage with our team and the families we serve to support causes and initiatives that align with their goals and passions. We look forward to another year of striving for a better world through collective action and generosity! Important disclosures about the award are found here: https://lnkd.in/gJ74BS7w #ParcionPW #Parcion #Philanthropy #WealthManagement #CorporateCitizenship #Community #PSBJ #PugetSoundBusinessJournal #CorporatePhilanthropists

Congratulations to Kathleen Carbone, CFP®, Principal and Director of Advisory, for being recognized as a 2024 Puget Sound Business Journal 40 Under 40 honoree! We are proud of her commitment to serving female business owners and their families, positively impacting the community, and supporting the next generation. Kathleen, we are grateful for your leadership and can’t wait to continue making an impact together! Read the full interview here: https://lnkd.in/gZn9Hgm7 #Parcion #ParcionPW #WealthManagement #RIA #PugetSoundBusinessJournal #40Under40 #Community #PSBJ #PSBJ40 #FinancialAdvisor #Philanthropy

What's Next? Podcast Episode 14 is live! Join Terry Cook, CFP®, CIMA® and guest Michael McGrann, from the Fidelity Center for Family Engagement, as they discuss legacy preservation and wealth communication. They tackle fears surrounding wealth's impact on future generations and strategies for constructive family dialogue. As a subject matter expert on families of wealth and family-owned firms, Mike shares insights on maintaining healthy relationships around wealth, emphasizing the importance of open communication to prevent misunderstandings and conflicts. Tune in to Mike and Terry's conversation on Parcion's original podcast, "What's Next? Unlocking Generational Wealth Conversations with Mike Mcgrann". Listen now at www.parcionpw.com/podcasts or wherever you stream your podcasts. If you are interested in learning more about how Parcion can support your generational conversations, please contact us at [email protected] or visit www.parcionpw.com. #ParcionPW #Parcion #WhatsNext #Podcast #BusinessOwners #LegacyPreservation #WealthTransfer #GenerationalConversations #FamilyEngagement

From our experience supporting business owners and their families in unlocking the true potential of their wealth, we recognize the importance of an individualized approach. We partner with entrepreneurs to help them keep more of what they've built for themselves, their families, and the causes they care about. We provide strategies to support each relationship's unique needs and goals, while optimizing their business and thinking bigger about what's next.   One such opportunity lies in qualified small business stock (QSBS), a powerful financial tool that has garnered attention for its potential to raise capital for your growing business, attract top talent, and offer notable tax savings.   Business owners and their professional networks may uncover ample benefits associated with QSBS. Download our whitepaper to take a closer look at how QSBS works, ways to implement it in a company and as an investor, and how it could potentially play a role in a family's wealth planning strategy.   https://lnkd.in/eDFqVD6E   #ParcionPW #Parcion #QSBS #QualifiedSmallBusinessStock #BusinessOwners #TaxPlanning #AdvancedPlanning #BusinessSale 

Our CEO and Managing Principal Terry Cook, CFP®, CIMA® was recently featured by Financial Advisor Magazine on “Building A Virtual Family Office For Family Businesses.” At Parcion, we're dedicated to helping family-owned businesses unlock the true potential of their wealth, from navigating liquidity events to long-term legacy planning. Through our virtual family office (VFO) model, developed in partnership with CEG Worldwide LLC, we provide clients with unparalleled resources and expertise. From optimizing business sales to personalized lifestyle services, we are here to support the specific needs of those we serve. Terry’s journey from the wirehouse world to founding Parcion Private Wealth demonstrates our commitment to innovation and client-centric service. His advice for fellow advisors emphasizes the importance of building a great team, focusing on client needs, giving new strategies time to flourish, and implementing systematic processes. Read the full article to discover Parcion’s unique approach to wealth management: https://lnkd.in/gTX-NpUQ #ParcioPW #Parcion #FinancialAdvisor #VirtualFamilyOffice #WealthManagement #Innovation #ClientCentric #LegacyPlanning #CEGWorldwide #FamilyOwnedBusinesses #BusinessOwners

We would like to introduce Lauren Small as the newest Parcion team member! Lauren joins us as our Operations & Compliance Manager. Welcome, Lauren, we are excited for your knowledge to positively impact our growth! With over seven years of industry experience, Lauren manages Parcion’s regulatory compliance and various operational components as Parcion's Operations and Compliance Manager. She’s served in Manager, Director, and Accountant roles at several prominent, leading financial firms and RIAs, such as Moss Adams, KMS Financial, Columbia Pacific, and Corient. Lauren’s unique blend of skills, strengths, and talent elevate Parcion’s growth, making our operations department one of the most experienced and talented in the industry, supporting the team in providing world-class service to the families we serve. As a Washington State alumni, Lauren majored in Accounting and holds a Master of Accountancy degree. She is a Seattleite born and raised, currently residing in her hometown of West Seattle. In her free time, she enjoys traveling to experience new cities and cultures, practicing yoga, skiing, and spending time with her family and friends. #ParcionPW #Parcion #Welcome #NewHire #WealthManagement #RIA #Operations #WhatsNext  

We are thrilled to share that Terry Cook, CFP®, CIMA®, CEO and Managing Principal, and Kathleen Carbone, CFP®, Principal and Director of Advisory, have been recognized on the Forbes | SHOOK Research Best-In-State Wealth Advisors List for 2024, ranking in the top 15 private wealth advisors in Washington state! Thank you, Terry and Kathleen, for your leadership and dedication to supporting business owners and their families in unlocking the true potential of their wealth. Here's to another year of making a positive impact in our community and delivering unparalleled service together! Important disclosures about the award are found here: https://lnkd.in/gvTr7jzU #Parcion #ParcionPW #WealthManagement #RIA #ForbesBestinState #FinancialAdvisor #ForbesTopAdvisor #SHOOKResearch #ForbesSHOOKBestinState #Forbes

Our CEO and Managing principal, Terry Cook, CFP®, CIMA®, has once again been listed on the distinguished Forbes | SHOOK Research America’s Top Wealth Advisors list! We owe this recognition to each member of the Parcion team for their dedication to serving our families with integrity, professionalism, and personalized attention every day. It is an honor to be acknowledged among the top wealth advisors in the nation, and we are incredibly grateful for the trust and confidence our clients place in us. Important disclosures about the award are found here: https://lnkd.in/gJ82jBYq #Parcion #ParcionPW #WealthManagement #RIA #ForbesTopAdvisors #FinancialAdvisors #ForbesTopAdvisor #SHOOKResearch #ForbesSHOOKTopWealthAdvisors #Forbes #AmericasTopWealthAdvisors

Parcion is committed to providing the families we serve with confidence, clarity, and resources to simplify their lives and unlock the true potential of their wealth.    Cybersecurity is always a top priority for our families, community, and team. In a constantly evolving sector, how can we continue to keep information secure while protecting ourselves from potential threats? We hosted AI, cybersecurity, and crisis management expert General Patrick Huston, Brigadier, U.S. Army (Retired), at our annual Signature Event to discuss proactive action items.   https://lnkd.in/gzmeH_2i   #ParcionPW #Parcion #Cybersecurity #AI #CrisisManagement #WhatsNext 

At Parcion, our team supports business owners and their families prepare for wealth events through a process-driven and personalized approach. We provide the confidence and clarity to optimize their goals, protect the legacy they’ve built, and take care of the next generation. Kevin Penner, CFP®, Senior Manager, Advisory and Senior Family Advisor, recently participated in an expert panel on estate and succession planning – Unlocking Your Family Legacy – hosted by Northwest Family Business Advisors. He was joined by Richard Brune, Michael Longyear, and Bhaj Townsend to discuss the intricate landscape of succession, offering valuable perspectives and strategies for successful wealth transfers. Thank you, NW Family Business Advisors, for the opportunity to share our expertise with the community and connect with other industry professionals. #ParcionPW #Parcion #FamilyBusiness #WealthEvents #FamilyLegacy #Succession #EstatePlanning #WealthTransfer