We remove confusion, complexity, and worry from the financial planning and
investment management process.
We remove confusion, complexity, and worry from the financial planning and
investment management process.
As an independent, fee-only fiduciary firm, we offer our services to families and individuals nationwide.
Our dedicated team is committed to simplifying the financial planning and investment management journey, eliminating confusion, complexity, and worry.
Through tailored strategies meticulously crafted to align with your distinct goals,
As an independent, fee-only fiduciary firm, we offer our services to families and individuals nationwide.
Our dedicated team is committed to simplifying the financial planning and investment management journey, eliminating confusion, complexity, and worry.
Through tailored strategies meticulously crafted to align with your distinct goals, we empower you to lead a life of purpose and intention.
Join the ranks of our satisfied clients whose financial futures we've transformed.
We take pride in offering a fixed-fee, inclusive, fair financial plan, regardless of age, income, or assets.
Furthermore, our asset management fee is approximately half the industry standard, ensuring you receive exceptional value for our services.
Parrott Wealth Management provides comprehensive financial planning services tailored to individuals and families.
Our faithful team will collaborate with you to develop a personalized plan to clarify and achieve your financial aspirations.
Your bespoke financial plan is the bedrock of our approach, ensuring that your investment strategy
Parrott Wealth Management provides comprehensive financial planning services tailored to individuals and families.
Our faithful team will collaborate with you to develop a personalized plan to clarify and achieve your financial aspirations.
Your bespoke financial plan is the bedrock of our approach, ensuring that your investment strategy aligns seamlessly with your goals.
We employ a robust financial planning process that harnesses cutting-edge technology to deliver insightful solutions tailored to your needs.
Our investment approach is firmly rooted in rigorous academic research and enriched by the wisdom of Nobel Laureates and respected figures within the financial industry.
Your investment strategy is tailored to your financial objectives, serving as a blueprint as we craft a personalized portfolio designed to safeguard and enhance your weal
Our investment approach is firmly rooted in rigorous academic research and enriched by the wisdom of Nobel Laureates and respected figures within the financial industry.
Your investment strategy is tailored to your financial objectives, serving as a blueprint as we craft a personalized portfolio designed to safeguard and enhance your wealth.
Our methodology involves utilizing cost-effective mutual funds and exchange-traded funds (ETFs), predominantly overseen by reputable institutions such as Vanguard, Blackrock, and Dimensional Funds.
Bill Parrott is the founder and owner of Parrott Wealth Management.
Bill started his investment career in May of 1989 with the investment firm of Spelman & Company in San Diego.
In January 1990, Bill joined Dean Witter Reynolds in Pasadena, California. During his career as a Financial Advisor with Dean Witter (and later Morgan Stanley),
Bill Parrott is the founder and owner of Parrott Wealth Management.
Bill started his investment career in May of 1989 with the investment firm of Spelman & Company in San Diego.
In January 1990, Bill joined Dean Witter Reynolds in Pasadena, California. During his career as a Financial Advisor with Dean Witter (and later Morgan Stanley), he worked in California, Connecticut, and Texas.
In 1999, Bill became the Branch Manager for Morgan Stanley in New Haven, Connecticut.
In 2003, he moved to Austin to manage offices in Austin, College Station, and Temple.
In 2006, Bill was hired as a Co-Branch Manager and Financial Consultant for A.G. Edwards & Sons in Austin.
In 2008, Bill joined Charles Schwab as a Financial Consultant in the Executive Services Division.
Bill earned his Bachelor of Business Administration from the University of San Diego (USD) in 1988. While at USD, he was an active member of the varsity football team and the Sigma Chi fraternity.
Bill and his wife, Tonya, have been married for 31 years and have one daughter, Hannah.
In 2003, Bill obtained the Certified Financial Planner designation.
Bill enjoys reading, walking, cycling, hiking, and fly fishing.
In 2011, Bill ran and finished the Boston Marathon.
Spencer graduated Summa Cum Laude from Texas Tech, where he majored in Business Management and minored in Political Science.
He recently received his Master of Divinity from the George W. Truett Theological Seminary at Baylor University.
He obtained his Certified Financial Planner designation in August 2023.
Spencer joins us from Austin C
Spencer graduated Summa Cum Laude from Texas Tech, where he majored in Business Management and minored in Political Science.
He recently received his Master of Divinity from the George W. Truett Theological Seminary at Baylor University.
He obtained his Certified Financial Planner designation in August 2023.
Spencer joins us from Austin Christian Fellowship, where he was the Local Missions Leader. While at ACF, he managed twenty-six nonprofit relationships and worked as the Youth Pastor.
Spencer has worked in the private, public, and nonprofit sectors. He spent a semester in Washington, D.C., where he interned for the Ways and Means Committee Chairman. He also interned at GECIO.
He enjoys traveling, reading, playing sports, volunteering, and watching movies.
Spencer traveled to Kenya in July 2021.
Spencer and his wife, Paige, have been married for two years.
Janet was born and raised in Southern California.
She began her investment career in 1988 at Shearson Lehman in Glendale, California.
In January of 1990, Janet moved to Dean Witter Reynolds (later Morgan Stanley) in Pasadena as an assistant.
Throughout her career, Janet has been an operations manager, administrative manager, and Regional
Janet was born and raised in Southern California.
She began her investment career in 1988 at Shearson Lehman in Glendale, California.
In January of 1990, Janet moved to Dean Witter Reynolds (later Morgan Stanley) in Pasadena as an assistant.
Throughout her career, Janet has been an operations manager, administrative manager, and Regional Compliance Officer at various firms.
In 2011, Janet left the investment industry to focus on volunteering before joining Parrott Wealth Management in 2017 as the firm’s Client Relationship Manager.
Janet has been a longtime volunteer with various agencies.
Janet has coached multiple sports with Special Olympics in California and Washington for more than seventeen years.
Since 2009, Janet has been a member of the Tournament of Roses Association in Pasadena as a "white suiter" actively participating in coordinating and producing the Rose Parade and Rose Bowl Game.
In her spare time, Janet enjoys reading and volunteering.
Janet lives in Pasadena, California.
Parrott Wealth Management offers comprehensive financial planning for individuals and families. We’ll construct a customized and unique plan to help you identify your financial goals and dreams. Your financial plan is the cornerstone of what we do for you at Parrott Wealth Management, and it will align your investment holdings to your financial goals. Our financial planning process is vigorous and utilizes state-of-the-art technology.
Our investment philosophy is grounded in extensive academic research and draws from the insights of Nobel Laureates and industry icons. Your investment solution is aligned with your financial plan and will guide us as we construct your unique portfolio, whether it's to preserve your family wealth or grow it for the future. We utilize low-cost mutual and exchange-traded funds (ETFs), primarily managed by Vanguard, Blackrock, and Dimensional Funds.
A sound retirement plan is paramount for the security of your financial future, and our job is to ensure you can retire on your terms. Through our retirement planning process, we'll develop a game plan for you and your family so you can enjoy an impactful and purposeful retirement.
How much is enough?
Will it last?
Will you be okay?
When should you start receiving Social Security?
What should you do with your company retirement plan after you retire?
We'll answer these questions and more when we meet to discuss your retirement dreams.
Please contact us if you cannot find an answer to your question.
Parrott Wealth Management is a fee-only financial planning and investment management firm. We work with individuals and families nationwide to help them strengthen their financial foundations and pursue a life of purpose.
Our typical client is in, near, or contemplating retirement and wants to live a purposeful life. They pursue active lifestyles with their families and communities, enjoy many diverse hobbies, and participate in several philanthropic organizations.
Yes. Bill Parrott obtained his designation in 2003; Spencer Engelke received his certification in 2023.
Yes. We are fiduciaries.
Yes. In addition, there's no obligation to work with Parrott Wealth Management after completing your financial plan.
Yes. We can help you set up your company retirement account and assist you with investment selection, asset allocation, and contribution amounts.
No. We work with individuals who want or need help with investment management or financial planning.
We do not. The financial plan is offered as a stand-alone service.
We are paid based on a percentage of your assets under management. We can also receive a fee for financial planning.
Our fee is 0.5% for accounts between $10,000 and $5 million. The fee is .35% for accounts between $5 million and $10 million and 0.25% above $10 million.
Our financial planning fee is $800.
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Office = 719-440-2662
Mobile = 512-922-4429
Address = 9235 N. Union Blvd., Suite 150, Box 162, Colorado Springs, CO 80920
Email = bill@parrottwealth.com
Office = 512-813-7674
Mobile = 512-914-3006
Address = 6500 River Place Blvd., Bldg. 7, Suite 250, Austin, TX 78730
Email = spencer@parrottwealth.com
Monday - Friday: 8 am - 5 pm
Parrott Wealth Management, LLC has adopted this privacy policy, recognizing that protecting the privacy and security of the personal information we obtain about our customers is an important responsibility. We also know that you expect us to service you accurately and efficiently.
To do so, we must collect and maintain your personal information. We want you to know what information we collect and how we use and safeguard that information.
Information We Collect: We collect nonpublic information about you ("Customer Information").
Collecting customer information is essential to allow us to provide you with advisory services.
Customer Information we collect may include:
• Information that you provide on applications or other forms. This Customer Information may
include personal and household information such as income, spending habits, investment
objectives, financial goals, statements of account, and other records concerning your financial
condition and assets, together with information concerning employee benefits and retirement
plan interests, wills, trusts, mortgages, and tax returns.
• Identifying your name, age, address, social security number, etc.
• Information about your transactions with us or others (e.g., broker-dealers, clearing firms, or
other chosen investment sponsors).
• Information we receive from consumer reporting agencies (e.g., credit bureaus), as well as
other various materials we may use to provide an appropriate recommendation or to fill a
service request.
Security of Your Information: We restrict access to your nonpublic personal information to those
employees who need to know that information to service your account. We maintain physical,
electronic, and procedural safeguards that comply with applicable federal or state standards to protect your nonpublic personal information.
Information We Disclose: We do not disclose the nonpublic personal information we collect about our customers to anyone except (i) in furtherance of our business relationship with them and then only to those persons necessary to effect the transactions and provide the authorized services (such as broker-dealers, custodians, independent managers, etc.); (ii) to persons assessing our compliance with industry standards (e.g., professional licensing authorities, consultants, etc.); (iii) our attorneys, accountants, and auditors; or (iv) as otherwise provided by law.
We can, by law, disclose nonpublic personal information about you to governmental
agencies and other third parties in certain circumstances (such as those that perform
administrative or marketing services on our behalf or for joint marketing programs). These third parties are prohibited to use or share the information for any other purpose.
Former Clients: If you decide to close your account(s) or become an inactive customer, we will adhere to our privacy policies, which we can amend.
Changes to Our Privacy Policy: Except as required or permitted by law, we do not share confidential information about you with non-affiliated third parties. Suppose there were to be a change in this fundamental policy that would permit or require additional disclosures of your confidential information. In that case, we will provide written notice to you, and you will be allowed to direct us on whether such disclosure is acceptable.
Questions: If you have questions about this privacy notice or the privacy of your customer information, call our main number, 512-922-4429, and ask to speak to the Chief Compliance Officer.
©2012 National Compliance Services 800-800-3204
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