CP
CP

Canaan Penland

12 Years of Experience
Rolling Hills Estates, CA
Sells Insurance

Canaan Penland is a registered investment advisor at Brookstone Capital Management LLC, based in Rolling Hills Estates, CA, with 12 years of industry experience. Canaan operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Estate Planning, Financial Planning & Coaching, Insurance Planning, Investment Management, and 1 more. Their firm serves 54,845 clients with $13B in assets under management.

Compensation
Fee-Only (% of Portfolio)Fixed/Hourly
Firm Size
335 advisors
Number of Clients
54,845 clients
Average Client Portfolio
$232K average
Assets Under Management
$12.8B

Fee Structure

Minimum Investment:$5K

Brookstone Capital Management's investment management fees are negotiable, up to a maximum of 2.5% annually. The fee includes a portion for BCM (up to 0.95%) and a portion for the investment advisor representative (up to 1.55%). The exact fee is outlined in your agreement. BCM offers its asset management program as a wrap fee program at Schwab, which bundles advisory and transaction fees into a single fee. At Fidelity, clients are part of a non-wrap fee program and may be charged transaction fees. All accounts are charged a monthly $8 fee for software, reduced for accounts under $8,000.

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Location

609 Deep Valley Drive, Suite #200, Rolling Hills Estates, CA, 90274

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History

Regulatory History
Clean regulatory record

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.

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Other Business ActivitiesSells Insurance

Canaan is an agent at Greenline Associates, providing investment and insurance sales/services since 2013. Canaan works nearly full-time in this role, offering retirement income planning advice and selling insurance-related products and investments through Horter Investment Management.

Employment History
Current Registrations
Brookstone Capital Management LLC
August 2018 - Present · 8 yrs 2 mos
Previous Registrations
Horter Investment Management, LLC
November 2013 - August 2018 · 4 yrs 9 mos
Redhawk Wealth Advisors, INC.
October 2013 - October 2013 · 0 mos
State Registrations1 state
CA
Advisor

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.
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