PenDex Advisors provides money management and investment advisory services. PenDex offers a program to provide flexibility in investment strategy based upon the investor's financial goals, circumstances, and risk tolerance. PenDex Brokerage Accounts involve a program for individuals that wish to invest directly in the equity and option markets. Accounts are charged on a commission basis less execution costs.
Fee Structure
PenDex Advisors offers a brokerage account program where clients can invest directly in the equity and option markets. These accounts are charged on a commission basis, with fees depending on the broker/dealer and clearing firm selected.
For GarWood Securities and Axos Clearing, the fees are:
- Equities: $5.00 per trade plus any applicable pass-through charges.
- Options: $5.00 per trade plus $0.75 per contract plus any applicable pass-through charges.
Alternatively, a monthly consultant fee may be negotiated.