Mcginn Penninger Investment Management INC.
Assets Under Management
$174.3M
Number of Clients
230
Number of Advisors
4
Avg. Portfolio per Client
$758K
Avg. Managed per Advisor
$43.6M
Compensation
Fee-Only (% of Portfolio)
About This Firm
McGinn Penninger Investment Management offers investment advisory services, focusing on asset management. They primarily use a large cap value equity investment strategy, but may build fixed income portfolios upon request. They manage accounts with discretion, allowing clients to place reasonable restrictions on investments. The firm also sub-advises the Union Street Partners Value Fund.
Fee Structure
Portfolio-Based Fees (Tiered)
| Portfolio Value | Annual Fee |
|---|---|
| Up to $1.5M | 1.00% |
| $1.5M - $3.0M | 0.85% |
| $3M+ | 0.65% |
Fees may be negotiable on a client-by-client basis. Discounts may be offered to family members and friends of associated persons of the firm.
Fee Estimator
Areas of Practice
Location
277 S. Washington Street, Suite 340, Alexandria, VA, 22314