Overview

Headquarters
Houston, TX
Total Firm Assets
$304 million
Average High-Net-Worth Client Portfolio Size
$3.0 million
Stated Minimum Account Size
$1,000,000

Fee Disclosure

Source: PENNEY FINANCIAL FORM ADV PART 2 BROCHURE (2026-09-24) · View brochure text

MinMaxDisclosed Annual Rate
$0 $1,500,000 0.65%
$1,500,001 $3,000,000 0.55%
$3,000,001 $5,000,000 0.45%
$5,000,001 $10,000,000 0.35%
$10,000,001 and above 0.28%
Estimated Annual Advisory Fees
Portfolio ValueEstimated Annual FeeEffective Fee Rate
$1 million $6,500 0.65%
$5 million $27,000 0.54%
$10 million $44,500 0.44%
$50 million $156,500 0.31%
$100 million $296,500 0.30%

Actual fees may vary; other investment costs may apply.

Compare fees: lowest-fee advisors in Texas for $2M portfolios · $10M portfolios

Clients

High-Net-Worth Share of Firm Assets
96.26%
Number of High-Net-Worth Clients
96
Total Client Accounts
465
Discretionary Accounts
465

Services Offered

Services: Financial Planning, Portfolio Management for Individuals

Regulatory Filings

SEC CRD Number
282084
  • PENNEY FINANCIAL FORM ADV PART 2 BROCHURE (2026-09-24) (fee schedule source) · View brochure text

View firm on SEC ↗ · Current Form ADV (PDF) ↗

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