Penmar Wealth Management LLC fees and pricing

Financial planner in Santa Monica, California. Registered with state securities regulators.

According to its Form ADV Part 2A brochure dated September 11, 2026, Penmar Wealth Management LLC charges $250 an hour for financial planning.

Published fees

Quoted from the firm's Form ADV Part 2A brochure, filed September 11, 2026. Fees can change, so confirm with the firm before you hire them.

Hourly rate: $250/hr; “Services are offered based on an hourly fee of $250 per hour.”

Payment and refund terms, quoted from the fee section of the brochure.

“Fees are billed monthly in arrears based on an average daily balance of the account for the previous month.”
“The Client must consent in advance to direct debiting of their investment account.”
“The Client must consent in advance to direct debiting of their investment account.”

Its hourly rate of $250 is below the California median of $300. 19% of the 932 other California planners that publish an hourly rate charge less.
2 of the 7 other planners in Santa Monica that publish an hourly rate charge less.

How the firm is paid: Hourly fees, percentage of assets under management
Charges a % of assets: Yes
Highest asset based fee in brochure: 1.5% a year
Clients: 2
Employees: 2
Works with: Individuals
Services reported to regulators: Financial planning, portfolio management for individuals and small businesses, and selecting other advisers
Assets managed: $151,495
Registered with: State securities regulators
Disciplinary disclosures: None reported
SEC CRD number: 338462
Website: penmarwm.com (opens in new tab)
Phone: (310) 868-1776

Can advise clients in 2 states: California, New Jersey

Is something on this page wrong or out of date? Email corrections@plannerfees.com and PlannerFees will check it against the firm's latest filing.