Pennington Partners & Co., LLC
Assets Under Management
$4.0B
Number of Clients
221
Number of Advisors
7
Average Client AUM
$17.9M
AUM per Advisor
$564.6M
Compensation
Fee-Only (AUM)Fixed/Hourly
About This Firm
Pennington Partners offers discretionary and non-discretionary investment advisory services, family office and business strategy consulting. Investment advisory fees are based on a percentage of assets under management. Consulting services are tailored to individual families with a minimum fee of $100,000 per engagement. Hourly rates range from $250 to $700.
Fee Structure
AUM-Based Fees (Tiered)
| Assets Under Management | Annual Fee |
|---|---|
| Up to $10.0M | 1.50% |
| $10.0M - $30.0M | 0.75% |
| $30.0M - $50.0M | 0.50% |
| $50M+ | 0.50% |
Fee Estimator
Investment advisory fees are based on the market value of your assets, generally between 0.50% and 1.50%. For family office and business strategy consulting, there's a minimum fee of $100,000 per engagement, and hourly rates range from $250 to $700. Legal advisement is available at $175/hour as a pass-through expense. Pennington Partners generally requires a minimum annual fee of $100,000 for investment advisory services, but this may be waived at their discretion.
Areas of Practice
Location
7500 Old Georgetown Road, Suite 705, Bethesda, MD, 20814