Parkway Advisors, L.P.
- Regulatory AUM
- $4.1B
- Discretionary
- $3.9B
- Clients
- 58
- Avg AUM / client
- $71.2M
- Accounts
- 70
- Employees
- 16
AUM over time
Annual snapshots from Form ADV filings · as of Mar 13, 2026
Who they serve
| Client type | Clients | AUM | % of AUM |
|---|---|---|---|
| Individuals (non-high net worth) | 2 | $2.1K | 0.0% |
| High net worth individuals | 1 | $3.7M | 0.09% |
| Investment companies | 1 | $17.8M | 0.43% |
| Pension and profit sharing plans | 3 | $81.0M | 1.96% |
| Insurance companies | 44 | $3.9B | 95.0% |
| Corporations and other businesses | 7 | $106M | 2.56% |
Retirement plan clients
Plans that reported this firm as an investment service provider on Form 5500 Schedule C.
| Plan | Location | Plan year |
|---|---|---|
| Directors Investment Group Inc. 401(k) Plan Funeral Directors Life Insurance Company | 2024 | |
| Catholic Financial Life Pension Plan Trusted Fraternal Life | 2024 |
People (13)
roster as of Jul 20, 2026| Name | Role / title | Credentials | With firm since | Ownership |
|---|---|---|---|---|
| Moore, Marsha, Seale | Limited Partner | Jul 1994 (32y) | ≈ 0% – 1.25% via The Seale Family, L.P. | |
| Seale, Billy, Kris | General Partner | Jul 1994 (32y) | ≈ 0% – 1.25% via The Seale Family, L.P. | |
| Theron R Holladay | Ceo / President | CFA | May 2001 (25y) | Less than 5% |
| Richardson, Jennifer, Suzanne | Chief Compliance Officer & Cfo | May 2009 (17y) | Less than 5% | |
| Lisa Lynn Davidson | Chief Operating Officer | Nov 2009 (17y) | Less than 5% | |
| Kyle David Timmermann | Registered representative | Oct 2012 (14y) | ||
| Trevor Ray Rupe | Registered representative | Mar 2016 (10y) | ||
| Nicholas Jon Chapman | Registered representative | Dec 2021 (5y) | ||
| Bryce A Bevill | Registered representative | Jun 2022 (4y) | ||
| Theron Robert Holladay | Registered representative | Mar 2023 (3y) | ||
| Colton James Weems | Registered representative | Mar 2023 (3y) | ||
| Phyo Wai Yan Win Swe | Registered representative | Dec 2024 (2y) | ||
| Hunter Mitchell Huberdeau | Registered representative | Jul 2025 (1y) |
Entity owners (Schedule A/B)
| Entity | Title / status | Since | Sch. | Ownership |
|---|---|---|---|---|
| Parkway Advisors Holdings, Inc. | Limited Partner | Apr 2001 | A | 75% or more |
| Parkway Advisors Group, Inc. | General Partner | Apr 2001 | A | Less than 5% |
| Directors Investment Group, Inc. | Parent Company | Apr 2001 | B | ≈ 0% – 5% via Parkway Advisors Group, Inc. |
| The Seale Family, L.P. | Owner | Jul 1994 | B | ≈ 0% – 2.5% via Directors Investment Group, Inc. |
Undisclosed: 0% – 25% of the firm is not attributable from the filed Schedule A bands.
Estimated effective ownership (look-through of filed bands):
- Moore, Marsha, Seale: 25% – 50% of The Seale Family, L.P. × 25% – 50% of Directors Investment Group, Inc. × 75% – 100% of Parkway Advisors Group, Inc. × 0% – 5% direct ≈ 0% – 1.25% of the firm
- Seale, Billy, Kris: 25% – 50% of The Seale Family, L.P. × 25% – 50% of Directors Investment Group, Inc. × 75% – 100% of Parkway Advisors Group, Inc. × 0% – 5% direct ≈ 0% – 1.25% of the firm
- Directors Investment Group, Inc.: 75% – 100% of Parkway Advisors Group, Inc. × 0% – 5% direct ≈ 0% – 5% of the firm
- The Seale Family, L.P.: 25% – 50% of Directors Investment Group, Inc. × 75% – 100% of Parkway Advisors Group, Inc. × 0% – 5% direct ≈ 0% – 2.5% of the firm
Roster from the IAPD representatives feed; ownership and acquisition dates from Form ADV Schedule A/B. "Since" is the earliest filed registration or acquisition date.
Retirement plans served (2)
| Plan | Sponsor | Participants | Plan assets | As of |
|---|---|---|---|---|
| Directors Investment Group Inc. 401(k) Plan | Funeral Directors Life Insurance Company | 424 | $34.6M | 01/01/2024 |
| Catholic Financial Life Pension Plan | Trusted Fraternal Life | 24 | $38.0M | 01/01/2024 |
From Form 5500 service-provider disclosures.
Documents (1 archived)
| Form | Period | Size | |
|---|---|---|---|
| Form ADV (full filing) | 03/13/2026 | 1.2 MB | View · PDF · Source ↗ |
Archived copies of the firm's regulatory filings, versioned by content hash.
Disciplinary disclosures
No disciplinary events reported on the firm's latest Form ADV filing.
How they charge
- • Percentage of assets under management
- • Fixed fees
Services
- • Portfolio management for individuals/small businesses
- • Portfolio management for investment companies
- • Portfolio management for businesses/institutional clients
- • Pension consulting services
- • Other services
Custody
Reported custodians
- Raymond James $3.0B (72% of AUM) Mar 2026
- U.S. Bank $450M (11% of AUM) Mar 2026
Amounts as reported in ADV Item 5.K.(3) (custodians holding 10%+ of SMA assets).
Firm reports it does not have custody of client funds or securities (Item 9.A).
Source
All data on this page comes from this firm's Form ADV filings, reproduced without modification. Latest filing: Mar 13, 2026.
View current Form ADV (SEC/IAPD) ↗