Michelle Smith
Penney Financial · Houston, Texas
Michelle Smith is a fee-only financial advisor at Penney Financial in Houston, Texas. Penney Financial reports charging a percentage of assets, hourly fees and fixed fees on its Form ADV.
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Facts
| Firm | Penney Financial |
|---|---|
| Based in | Houston, Texas |
| Fee model (firm's Form ADV) | Percentage of assets · Hourly · Fixed fees |
| Assets under management | $303.5M across 465 accounts |
| SEC registration | Investment adviser representative in TX · CRD 4842501 |
| Exams passed | Series 66 (2017) |
| Firm size | 3 employees |
| Disclosures | None reported |
| Website | penneyfinancial.com |
How Michelle's firm compares
- Penney Financial's average account is about $653,000, from its Form ADV (assets managed divided by 465 accounts).
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Questions about Michelle
Is Michelle Smith a fee-only financial advisor?
Yes, according to SEC records as of October 29, 2026: Michelle holds no broker registration, and Penney Financial reports no commissions, no broker-dealer, and no insurance sales or affiliated insurance agency on its Form ADV.
How does Michelle charge for financial advice?
Michelle's firm, Penney Financial, reports charging a percentage of assets, hourly fees and fixed fees on its SEC Form ADV.
Where is Michelle Smith based?
Michelle Smith is based in Houston, Texas.
Is Michelle Smith registered with the SEC?
Yes. Michelle Smith is registered as an investment adviser representative in TX (CRD 4842501), per SEC Investment Adviser Public Disclosure data as of October 29, 2026.
How much does Penney Financial manage?
Penney Financial reports $303.5M across 465 accounts in assets under management.
How do I contact Michelle Smith?
Through Michelle's website, penneyfinancial.com.
What these terms mean: fee-only · fiduciary · CFP · CRD number · all terms
Other fee-only advisors in Houston
Where this information comes from
- SEC adviser records : the firm's Form ADV reports no commissions, no broker-dealer, and no insurance sales or affiliated insurance agency, and the advisor holds no broker registration
- SEC Investment Adviser Public Disclosure : registration, exams, and the firm's Form ADV, data as of October 29, 2026
- Directory listing last checked October 30, 2026.
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