TrueAdvisor
TrueAdvisor
TP
TP

Thomas Pennell

Raymond James & Associates, INC.
33 Years of Experience
Virginia Beach, VA
2 DisclosuresBroker
View SEC Summary
View SEC Summary

Thomas Pennell is a registered investment advisor at Raymond James & Associates, INC., based in Virginia Beach, VA, with 33 years of industry experience. Thomas is also registered as a broker, so some compensation may come from commissions on products sold. Their practice areas include Education Planning, Estate Planning, Financial Planning & Coaching, Insurance Planning, and 3 more. Their firm serves 531,617 clients with $500B in assets under management.

Raymond James & Associates, INC.
Compensation
Commission-BasedFee-Only (% of Portfolio)Fixed/Hourly
Firm Size
5819 advisors
Number of Clients
531,617 clients
Average Client Portfolio
$942K average
Assets Under Management
$501.0B

Fee Structure

Minimum Investment:None
Planning is included in investment management (also available separately)
Portfolio-Based Fees (Flat)
Portfolio ValueAnnual Fee
Any2.25%

Fees are not to exceed an annual rate of 2.25% of the value of assets on which investment consulting services are provided. Specific fee schedules for wrap fee programs and managed accounts are detailed in the separate Wrap Fee Program Brochure.

Fee Estimator
Your Portfolio Value
$500K
$0$500K$1M$5M$20M
Estimated Annual Fee
—
View Full SEC Brochure

Location

300 32nd Street, Suites 102 and 520, Virginia Beach, VA, 23451

Get directions

History

Regulatory History (2)
What are disclosures? Advisors must report customer complaints, regulatory actions, and certain legal or financial events to the SEC. Not all disclosures are serious—many are settled disputes or minor violations. Learn how to evaluate them.
Customer Dispute
July 2012
Settled
Customer Dispute
October 2011
Settled
View Full SEC ReportHow to Read Disclosures
Other Business Activities

Thomas is a Director for the Virginia Zoological Society, a non-profit organization, since 2012. He dedicates a few hours per week to board member duties such as strategic planning and fundraising.

Employment History
Current Registrations
Raymond James & Associates, INC.
October 2011 - Present · 15 yrs
Raymond James & Associates, INC.Broker
October 2011 - Present · 15 yrs
Previous Registrations
Merrill Lynch, Pierce, Fenner & Smith Incorporated
March 1995 - November 2011 · 16 yrs 8 mos
Merrill Lynch, Pierce, Fenner & Smith IncorporatedBroker
February 1993 - November 2011 · 18 yrs 9 mos
State Registrations14 states
CACTFLGAMAMDMNNCNJPASCTNVAWA
AdvisorBrokerBoth

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.

Exams
No exam information available for this advisor.
More Advisors
More financial advisors in Virginia Beach, VA →All financial advisors in Virginia →