Penn Advisory Group Inc.

RIASEC Registered
Total AUM
$53.1M
Discretionary
$51.9M
98% of AUM
Avg account
$230K
Accounts
231
Employees
2
Advisory reps
2

Firm details

Headquarters
Mount Vernon, Iowa
CRD number
315991
Custodians
CHARLES SCHWAB & CO., INC.
Fee structure
Percentage of AUM, Hourly Charges, Fixed Fees
Client types
  • HNWI64.18%
  • Individuals34.57%
  • Corporations / Businesses1.25%
Services
Financial PlanningPortfolio Management for IndividualsPension Consulting

Firm profile

FINTRX

Overview

Penn Advisory Group Inc. is an independent, privately owned registered investment adviser focused on individual and family clients. The firm provides financial planning, portfolio management for individuals and small businesses, and pension consulting. Its billing mixes asset-based fees with hourly and fixed-fee engagements. Penn Advisory Group is affiliated with an insurance company and appears to rely on external managers and pooled products rather than operating as a capital allocator.

Assets & Accounts

Public Holdings

Investments & Alternatives

Location & Offices

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: Public Funds/Mutual Funds 63%, Exchange Traded Equities 28%, Cash & Cash Equivalents 5%, Other 4%63%
  • Public Funds/Mutual Funds63%
  • Exchange Traded Equities28%
  • Cash & Cash Equivalents5%
  • Other4%

Contacts

2 of 2
  • Daniel Brooks

    Senior Financial AdvisorCRD 3232861

  • Robert Penn

    Owner, Investment Adviser RepresentativeCRD 1955142

Wealth teams

FINTRX

Newly hired reps

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Recent M&A activity

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Recent filings

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Awards

FINTRX

Location

Primary office

Mount Vernon, IA

Linn

Location

Mount Vernon, IA

Headquartered in Mount Vernon, IA, anchoring the Cedar Rapids-Iowa City, IA metro in the Midwest.

Metro area
Cedar Rapids-Iowa City, IA
Region
Midwest
County
Linn
Address
1307 3rd St Sw
Time zone
CT (UTC-6)
Office locations

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Source: FINTRX private wealth data intelligence

Intelligence for Private Wealth