May 13, 2025

Parcion Private Wealth

Parcion Private Wealth named Dan McCollum as chief investment officer, and Sam King as chief operating officer and chief compliance officer. Founded in 2019, Parcion is purpose-built to support middle-market business owners and their families before, during and after significant liquidity events. McCollum, who is taking over CIO duties from Terry Cook, CEO and founder of Parcion Private Wealth, brings more than 25 years of investment experience. He most recently served as deputy CIO at Hirtle Callaghan, where he oversaw manager selection across public and private markets, hedge funds, and special opportunities. Previously, he co-managed Brown University's $7 billion endowment as one of two managing directors. McCollum also held roles in investment banking and portfolio management at Deutsche Bank, Bank of America, and global family offices. As CIO, McCollum will lead Parcion's investment strategy and execution. Cook will continue to serve as chief investment strategist and retain his seat on the firm's Investment Committee, focusing more deeply on strategic growth and bespoke client solutions. King joins Parcion with more than 20 years of leadership experience in financial services and wealthtech. He previously held senior roles at Envestnet | Tamarac, Addepar, and PCR Financial Aggregation, where he led client-facing operations, enterprise program development, and implementation strategy across multi-billion-dollar platforms. Earlier in his career, King led operations and client service for a Seattle-based RIA before transitioning into fintech, where he advised hundreds of top-tier wealth management firms across multiple global markets. Parcion is headquartered in Bellevue.