Palen Financial LLC is a mid-sized advisory firm based in Davenport. It manages $28.19 million of regulatory assets for 130 client accounts. It has been registered with the SEC as an adviser since 2010 and has operated in the jurisdictions of Illinois and Iowa.
Palen Financial provides financial planning services and portfolio management for individuals and small businesses. It prepares financial plans for more than 100 clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Palen Financial LLC is $28.19 million, all of which is managed in discretionary accounts. The firm's AUM has gone down by -14% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.
The advisory firm has several streams of revenue. Clients pay Palen Financial LLC for their services and products based on a percentage of assets under management, hourly charges, and fixed fees. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.
The principal office where Palen Financial LLC performs its advisory services is located at 1910 East Kimberly Road, Suite 315, Davenport, IA 52807, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 563-344-5888 or by fax 563-344-5889. The normal business hours are 8:00 am - 5:00 pm on Monday - Friday.