Parkwood LLC
Financial ServicesOhio, United States51-200 Employees
Parkwood LLC and its subsidiary Parkwood Trust Company function as the private wealth office and trust entity for the Mandel family and their charitable foundations. Based in Cleveland, Ohio, with a Delaware office for Parkwood Trust, the firm provides a broad array of services, from investment management and trust administration to charitable planning and multi-generational tax and estate planning, along with accounting, tax return preparation, and legal matters support. The client base is complex, requiring specialized, integrated services beyond what is typical for trust companies. Operating in the financial services sector, Parkwood targets a niche market of single-family offices and related philanthropic entities, offering governance and wealth-management solutions across generations. In January 2022, the firm appointed Adam Langsam as chief executive officer, signaling a leadership transition within the organization.
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