Parcion Private Wealth, a nationally recognized multi-family office based in Bellevue, Washington, today announced two key executive appointments as part of its continued investment in talent and growth. The firm has named Dan McCollum as Chief Investment Officer, and Sam King as Chief Operating Officer and Chief Compliance Officer, expanding its leadership bench as the firm surpasses $2.7 billion in assets under management.
Founded in 2019, Parcion is purpose-built to support middle market business owners and their families before, during, and after significant liquidity events. These appointments reflect the firm’s long-term vision to provide white-glove service, world-class investment expertise, and operational excellence at scale.
“This expansion of our leadership team reflects our commitment to bringing on the best talent in the industry,” said Terry Cook, CEO and Founder of Parcion Private Wealth. “ Dan and Sam each bring deep expertise and bold thinking that will help us grow with intention while remaining relentlessly client-focused.”
In taking over CIO duties from Cook, McCollum brings more than 25 years of investment experience. He most recently served as Deputy CIO at Hirtle Callaghan, a leading outsourced CIO with more than $19 billion under management, 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, during which the endowment achieved the #1 return in the nation.
Before joining Parcion McCollum also held roles in investment banking and portfolio management at Deutsche Bank, Bank of America, and global family offices. He is currently a Strategic Advisor to Investcorp and a Finance Fellow of the Aspen Institute.
As CIO, McCollum will lead Parcion’s investment strategy and execution. Terry 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.
“Dan brings a rare combination of rigor, vision, and execution,” said Cook. “His leadership allows me to scale our reach and impact while continuing to deliver for our clients in new and innovative ways.”
Sam 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. At Envestnet | Tamarac, he managed a global operations and client service team supporting more than $1.2 trillion in assets across a network of hundreds of RIAs.
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.
“Sam’s experience building scalable, client-first infrastructure is exactly what Parcion needs in this next chapter,” said Cook. “ He brings clarity, strategic vision, and operational horsepower that will strengthen our foundation and enable the team to thrive.”
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