Firm
Palen Financial
Davenport, Iowa
Fee-only
Palen Financial at a glance
- One of 62 fee-only firms based in Iowa in the Wellspent graph.
- 1 advisor is listed here.
- Its Form ADV reports 1 employee and 146 individual clients, 8 of them high net worth.
- Its average account is about $273,000 (assets it manages divided by its 146 accounts).
Facts
| Based in | Davenport, Iowa |
|---|---|
| Website | palenfinancial.com |
| Phone | (563) 271-9999 |
Palen Financial fees
Palen Financial doesn't publish its prices on its website, or we couldn't confirm them word for word. Ask for its Form ADV Part 2A, which must describe its fees.
For comparison, fee-only firms that publish prices charge a median of $4,500 a year for ongoing planning, $2,000 for a one-time plan, $300 an hour, or 1% of assets. See the fee report.
What its SEC filing says
| Paid by | Percentage of assets · Hourly · Fixed fees |
|---|---|
| Assets managed | $40 million |
| Individual clients | 138 |
| High-net-worth clients | 8 |
| Accounts managed | 146 |
| Employees | 1 |
| Planning clients | 0 |
| Registered with | The SEC (801-70951) |
| Financial planning | Offered |
| Form ADV filed | March 24, 2026 |
| SEC record | CRD 144892 |