Penn Cove Financial, LLC
Oak Harbor, Washington
Penn Cove Financial, LLC at a glance
- One of 298 fee-only firms based in Washington in the Wellspent graph.
- 1 advisor is listed here, who holds the CFP.
- Its Form ADV reports 1 employee and 34 individual clients, 7 of them high net worth.
- Its ongoing planning fee starts at $1,200 a year, below the Washington median of $4,500.
- Its hourly rate of $300 is in line with the Washington median of $300.
Fee-only advisors in Washington · What fee-only advisors charge in Washington
Facts
| Based in | Oak Harbor, Washington |
|---|---|
| Website | penncovefinancial.com |
| [email protected] | |
| Phone | (360) 632-0946 |
Questions about Penn Cove Financial, LLC
How much does Penn Cove Financial, LLC charge?
Penn Cove Financial, LLC publishes these prices: ongoing planning: from $1,200 a year; one-time plan: from $1,800; hourly: $300 an hour; asset-based fee: 0.7% a year on the first tier of assets. We found this on its website, checked October 28, 2026.
Does Penn Cove Financial, LLC have an account minimum?
No. Penn Cove Financial, LLC says it has no account minimum. We found this on its website, checked October 28, 2026.
How is Penn Cove Financial, LLC paid?
Penn Cove Financial, LLC's Form ADV says it is paid by: percentage of assets, hourly, fixed fees.
How many advisors does Penn Cove Financial, LLC have in the Wellspent public graph?
The Wellspent public graph lists 1 advisor at Penn Cove Financial, LLC.
What does Penn Cove Financial, LLC specialize in?
Penn Cove Financial, LLC's advisors and website list retirement planning.
Penn Cove Financial, LLC fees
What the firm's own website says it charges, checked October 28, 2026. We keep a price only when the exact words stating it appear on the page.
| Ongoing planning | From $1,200 a year |
|---|---|
| One-time plan | From $1,800 |
| Hourly | $300 an hour |
| Asset-based fee | 0.7% a year on the first tier of assets |
| Account minimum | None |
| How it charges | Hourly · Ongoing planning fee · Percentage of assets · One-time plans or projects |
In the firm's words
"My hourly rate is $300 per hour." source
"The beginning fee level is $100 per month" source
"Six to 8 hours at $300/hour works out to a price of $1,800 to $2,400." source
"The fee for managing investments is 0.7% annually of the amount of assets being advised." source
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 |
|---|---|
| Individual clients | 27 |
| High-net-worth clients | 7 |
| Employees | 1 |
| Planning clients | 26-50 |
| Financial planning | Offered |
| Form ADV filed | July 13, 2026 |
| SEC record | CRD 137046 |
Advisors at this firm (1)
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