Penbrook Management offers personalized wealth management services, including financial planning and investment management. Penbrook can provide investment management or financial planning as separate services. Penbrook creates portfolios primarily of individual equities, but can also invest in bonds, closed-end funds, and other investment products. Each portfolio manager has their own investment philosophy. Penbrook also provides investment management services to AnKap Partners, L.P., a private investment fund.
Fee Structure
Penbrook Management's annual investment advisory fee typically ranges from 0.50% to 1.5% of the value of your investments. Fees may vary among Penbrook's portfolio managers. Two primary fee schedules are used:
- Up to $1,000,000: 1.50% per year
- $1,000,000 to $20,000,000: 1.00% per year
OR
- Up to $10,000,000: 1.00% per year
- $10,000,000 to $20,000,000: 0.50% per year
A minimum of $100,000 of assets is required for investment management services, but this is negotiable.