It has been a while since I have done any vector calculus,
is this statement true?
$\nabla f(x,y,z) = 0 \iff \dfrac{\partial f}{\partial x} + \dfrac{\partial f}{\partial y} + \dfrac{\partial f}{\partial z} = 0$
or is it only when the partials are equal to zero on their own individually?
The gradient is a vector of partial derivatives, not a sum of partial derivatives. A vector is zero if and only if each of its components is zero.
Our, as TravisJ put it,