Michael Penfield
Michael Penfield is a registered investment advisor at Penfield Investments LLC, based in Central Point, OR, with 16 years of industry experience. Michael operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Investment Management. Their firm serves 55 clients with $4.9M in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Portfolio-Based Fees (Tiered)
| Portfolio Value | Annual Fee |
|---|---|
| Up to $1.0M | 1.50% |
| $1M+ | 1.00% |
Fees are negotiable based on various criteria. For assets held away, the annual fee is 1% of the assets managed.
Fee Estimator
Location
Central Point, OR
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Regulatory History
No disclosures, customer disputes, or regulatory actions on file.
Disclosures include customer complaints, regulatory actions, and other events that advisors must report to the SEC. A clean record means none have been reported.
Learn about disclosures →Other Business ActivitiesSells Insurance
Michael works as an insurance agent for Penfield Investments LLC, dedicating a few hours per week to insurance product sales.
Employment History
Current Registrations
Penfield Investments LLC
Previous Registrations
Edward Jones
Edward JonesBroker
Sg Cowen Securities CorporationBroker
Lodestar Securities INC.Broker
Lodestar Partners, L.P.Broker
Merrill Lynch, Pierce, Fenner & Smith IncorporatedBroker
State Registrations2 states
You can work with an advisor not registered in your state. Most advisors can legally serve a small number of clients across state lines without registering.