Penney Financial
Firm details
- Headquarters
- Houston, Texas
- CRD number
- 282084
- Registered since
- September 20, 2021
- Website
- www.penneyfinancial.com
- Custodians
- CHARLES SCHWAB & CO., INC.
- Fee structure
- Percentage of AUM, Hourly Charges, Fixed Fees
- Client types
- HNWI96.26%
- Individuals2.43%
- Charitable Organizations1.3%
- Services
- Financial PlanningPortfolio Management for Individuals
Firm profile
FINTRXOverview
Penney Financial is an independent registered investment adviser organized as an LLC and SEC-registered in 2021. The firm is owned by an individual and serves both individual/family and institutional clients. Its advisory work centers on financial planning and portfolio management for individuals and small businesses. Fee arrangements include percentage-of-assets, hourly charges, and fixed-fee engagements. Penney Financial does not identify as an active ESG investor, is not set up as a capital allocator, and is not designated as a multi-state or pension consultant adviser.
Assets & Accounts
Public Holdings
Investments & Alternatives
Location & Offices
Investment profile
FINTRXTraditional investments used
Alternative investments used
Active ESG investor
Technology & operations
FINTRXCRM & tech providers
TAMPs used
Clients
FINTRXClient base
Client personas
Asset composition
- Public Funds/Mutual Funds90%
- Exchange Traded Equities8%
- State & Local Bonds1%
- Private Funds1%
Owners & executives
1 of 1Michelle Smith
Co-Founder and CEOCRD 4842501
Contacts
2 of 2
Kathryn Prestwood
Senior AssociateCRD 7331191
Cameron Penney
Managing PartnerCRD 5781870
Wealth teams
FINTRXNewly hired reps
FINTRXRecent M&A activity
FINTRXRecent filings
FINTRXAwards
FINTRXETF holdings
1 of 40Active vs passive
$284M in ETFs
45%
$127M
49%
$157M
| ETF | Provider | Style | Category | Value | Shares | % of portfolio |
|---|---|---|---|---|---|---|
| DIMENSIONAL US EQUITY MARKET ETF (DFUS) | Dimensional | Active | Large Blend | $73.2M | 893,449 | 25.82% |
Location
Houston, TX
Harris
Location
Houston, TX
Headquartered in Houston, TX, anchoring the Houston-The Woodlands, TX metro in the South.
- Metro area
- Houston-The Woodlands, TX
- Region
- South
- County
- Harris
- Address
- 825 Town And Country Ln
- Time zone
- CT (UTC-6)
- Office locations
Similar firms
Carriage Services Investment Advisors, Inc.
RIAHouston, TX
Core Capital Management And Research Inc.
RIAHouston, TX
Beacon Financial Advisors Ltd
RIAHouston, TX
Nuclo Wealth
RIAHouston, TX
Lehrer Financial & Economic Advisory Services
RIAHouston, TX
Intrepid Investment Management, LLC
RIAHouston, TX