Pennyfarthing Investment Management offers investment advice and manages portfolios for individuals, trusts, and charitable organizations. They create customized investment strategies based on each client's unique goals. Pennyfarthing invests in stocks, bonds, mutual funds, and ETFs, and considers investments that reflect clients' values. They also offer consulting services for portfolios managed by other firms to friends and family referred by current clients.
Assets Under Management$25M
Clients28
Advisors1
Avg. per Client$900K
Avg. per Advisor$25M
www.linkedin.com/in/eric-bright-cfa-45b8138 ·www.pennyfarthinginvestment.com ·twitter.com/researchbright
Fee Structure
Minimum Investment:$400K
Investment management only (planning not offered)
Minimum Annual Fee:$4,000
Portfolio-Based Fees (Tiered)
| Portfolio Value | Annual Fee |
|---|---|
| Up to $500K | 1.00% |
| $500K - $2.0M | 0.80% |
| $2M+ | 0.60% |
Fees are negotiable. Reduced fees of 20% for charitable accounts. For Bright Penny Freedom management of mutual fund and ETF portfolios, the advisory fee is 1.6% annually of assets managed, with a minimum of $1,600 per year.
Fee Estimator
Your Portfolio Value
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Estimated Annual Fee
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