Parkwood LLC is a private financial services company based in Cleveland, Ohio. Employing more than 60 employees, Parkwood and its wholly-owned subsidiary, the Parkwood Trust Company, serves the interest of the Jack, Joseph and Morton Mandel families, their associated trusts, partnerships, foundations and other entities.
Parkwood LLC and Parkwood Trust Company offer a full array of trust services including investment management, trust administration, charitable planning, multi-generational tax and estate planning, accounting, tax return preparation, assistance with legal matters, and other professional services. This complex client base requires a diversified and sophisticated set of services, well beyond the level of work typically seen at many trust companies.
Parkwood was incorporated to oversee the investments of three successful Cleveland-based business partners. Leadership for the investment process initially came from the partners themselves and several key advisors. Over the years, Parkwood has developed a professional, effective means of selecting, qualifying, and working with experienced asset managers in a variety of investment fields. Our results have continuously exceeded relevant benchmarks.