Eric Penz is a registered investment advisor at Private Advisory, based in Redmond, WA, with 21 years of industry experience. Eric operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Education Planning, Estate Planning, Financial Planning & Coaching, High Net Worth, and 4 more. Their firm serves 601 clients with $1.3B in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Private Advisory Group's fees for managing your investments are based on a percentage of the value of your portfolio. The specific rate depends on the advisor managing your account and when you became a client.
They also offer a performance-based fee arrangement for certain clients, where they earn 18.3% of the absolute annual return above a high water mark. To be eligible for this, you must also have at least $1 million managed under their standard fee schedule.
Location
16880 NE 79th Street, Redmond, WA, 98052
Get directionsHistory
Regulatory History (1)
Employment Separation After Allegations
June 2012Other Business Activities
Eric owns Authorgate LLC, where he works as a novelist writing novels and screenplays since 1999. This non-investment related activity takes about a quarter of his time.
Employment History
Current Registrations
Private Advisory
Previous Registrations
Rp Capital LLCBroker
Wells Fargo Advisors, LLC
Wells Fargo Advisors, LLCBroker
Allstate Financial Services, LLCBroker
State Registrations2 states
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.