Firm
Penn Davis McFarland
Dallas, Texas
Fee-only
Penn Davis McFarland at a glance
- One of 690 fee-only firms based in Texas in the Wellspent graph.
- 6 advisors are listed here; 2 of 6 hold the CFP.
- Its Form ADV reports 10 employees and 211 individual clients, 193 of them high net worth.
- Its average account is about $2.5 million (assets it manages divided by its 549 accounts).
Fee-only advisors in Texas · What fee-only advisors charge in Texas
Facts
| Based in | Dallas, Texas |
|---|---|
| Website | pdavis.org |
| Phone | (214) 871-2772 |
Penn Davis McFarland fees
Penn Davis McFarland 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 |
|---|---|
| Assets managed | $1.4 billion |
| Individual clients | 18 |
| High-net-worth clients | 193 |
| Accounts managed | 549 |
| Employees | 10 |
| Planning clients | 11-25 |
| Registered with | The SEC (801-13038) |
| Financial planning | Offered |
| Form ADV filed | March 12, 2026 |
| SEC record | CRD 110417 |