---
title: Parallax Volatility Advisers Sees 35% AUM Boost to $24.6 B
description: Recent Form ADV filings reveal a 35% rise in Parallax Volatility Advisers' AUM and key executive changes. Get the latest updates from the financial industry.
---

[SEC Filings](https://info.radientanalytics.com/sec-filings)

# [Parallax Volatility Advisers Sees 35% AUM Boost to $24.6 B](https://info.radientanalytics.com/sec-filings/parallax-volatility-advisers-sees-35-aum-boost-to-24.6-b)

 Written by [Radient](https://info.radientanalytics.com/sec-filings/author/radient-1) | Jul 13, 2023 12:27:30 PM

California-based [Parallax Volatility Advisers, L.P. (PVA)](https://radientanalytics.com/firmdetails/3849/) has reported a significant uptick in its assets under management (AUM) and adjustments to its executive team, according to recent Form ADV filings.

Founded in 1996, [PVA](https://radientanalytics.com/firmdetails/3849/) is a dynamic player in the financial industry, overseen by S. Daniel Hutchison, William Bartlett, and Jill Armstrong. The firm handles substantial assets, primarily through three separate fund families - Parallax Core, Cega RV, and Corvus Delta, each linked to Cayman Islands entities and a US partnership.

As of December 2021, [PVA](https://radientanalytics.com/firmdetails/3849/)'s portfolio consisted of $2.82 billion in net discretionary assets and $18.21 billion in regulatory assets. The firm operates solely on a discretionary basis, with its management team being responsible for all investment and strategy decisions.

However, recent filings suggest a 35% rise in AUM, taking the firm's total from $18.21 billion in March 2022 to $24.6 billion by July 2023. The firm also noted a slight uptick in employee count from 71 to 74 during this period, while the number of accounts it manages dipped from 9 to 6.

Amid these significant growth figures, [PVA](https://radientanalytics.com/firmdetails/3849/) has also seen changes at the executive level.

As of March 30, 2023, Hutchison, Armstrong, and Bartlett, all holding Manager and Member roles, exited their positions. 

[View full post](https://info.radientanalytics.com/sec-filings/parallax-volatility-advisers-sees-35-aum-boost-to-24.6-b)

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