Penny Houseman
Penny Houseman is a registered investment advisor at The Kocen Financial Group, INC., based in Rancho Mirage, CA, with 6 years of industry experience. Penny operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Estate Planning, Financial Planning & Coaching, Investment Management, Retirement Planning, and 1 more. Their firm serves 221 clients with $160M in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Kocen Financial Group's investment management fee is generally negotiated between 0.8% to 1% annually, based on various factors, with most accounts at 1%. Accounts over $2 million are subject to further negotiation. This fee covers both mutual funds managed by KFG and the portion of portfolios allocated to third-party money managers. Fees for alternative investments are 1.5%. These fees are in addition to any fees charged by third-party money managers.
Location
35900 Bob Hope Dr., Suite 202, Rancho Mirage, CA, 92270-1767
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Regulatory History
No disclosures, customer disputes, or regulatory actions on file.
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Current Registrations
The Kocen Financial Group, INC.
State Registrations1 state
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