PENFACS FINANCIAL SERVICES

RIASEC Registered
Total AUM
$23.2M
Discretionary
$23.2M
100% of AUM
Avg account
$610K
Accounts
38
Employees
3
Advisory reps
2

Firm details

Headquarters
SOUTHBOROUGH, Massachusetts
CRD number
114039
Custodians
CHARLES SCHWAB & CO., INC.
Fee structure
Percentage of AUM
Client types
  • HNWI49.53%
  • Individuals40%
  • Corporations / Businesses10.47%
Services
Financial PlanningPortfolio Management for Individuals

Firm profile

FINTRX

Overview

Penfacs Financial Services is a small, privately owned corporate RIA that combines fee-based advisory work with insurance brokerage. The firm serves individuals, families and some institutional clients, and focuses its advisory work on financial planning and portfolio management for individuals and small businesses. Compensation is primarily a percentage of assets under management. Penfacs does not report active ESG investing, is not a multi-state adviser, and identifies as an insurance broker with affiliations to a broker-dealer and an insurance company.

Assets & Accounts

Public Holdings

Investments & Alternatives

Investment profile

FINTRX

Traditional investments used

Alternative investments used

Active ESG investor

Technology & operations

FINTRX

CRM & tech providers

TAMPs used

Clients

FINTRX

Client base

Client personas

Asset composition

Asset composition: Exchange Traded Equities 54%, Investment Grade Corp Bonds 29%, US Government Bonds 13%, Cash & Cash Equivalents 4%54%
  • Exchange Traded Equities54%
  • Investment Grade Corp Bonds29%
  • US Government Bonds13%
  • Cash & Cash Equivalents4%

Contacts

2 of 2
  • ERIK DEGREGORIO

    ChairmanCRD 2375724

  • RONALD DEGREGORIO

    ChairmanCRD 801468

Wealth teams

FINTRX

Newly hired reps

FINTRX

Recent M&A activity

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Recent filings

FINTRX

Awards

FINTRX

Location

Primary office

SOUTHBOROUGH, MA

WORCESTER

Location

SOUTHBOROUGH, MA

Headquartered in SOUTHBOROUGH, MA, anchoring the Boston-Worcester-Providence, MA-RI-NH-CT metro in the Northeast.

Metro area
Boston-Worcester-Providence, MA-RI-NH-CT
Region
Northeast
County
WORCESTER
Address
337 Turnpike Rd
Time zone
ET (UTC-5)
Office locations

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Source: FINTRX private wealth data intelligence

Intelligence for Private Wealth