Pennfield Capital Corp (South Bend)

Pennfield Capital Corp is an adviser based in South Bend. It manages $32.28 million of regulatory assets for 31 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of Connecticut and Indiana.

Pennfield Capital Corp provides portfolio management for individuals and small businesses and portfolio management for businesses and institutional clients. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Pennfield Capital Corp: assets under management

The assets under management (AUM) of Pennfield Capital Corp is $32.28 million. The firm's AUM has gone down by -24% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $20.12 million in discretionary accounts and $12.15 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $1.01 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $1.1 million.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Pennfield Capital Corp for their services and products based on a percentage of assets under management and hourly charges. 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.

Careers at Pennfield Capital Corp

Richard Marshall Mock has been acting as President since 1 Feb 1990. Deirdre Neligan Mock joined the executive team most recently as the Vice President.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Richard Marshall Mock	President	1 Feb 1990	75% - 100%	734387
Deirdre Neligan Mock	Vice president	1 Dec 1990	Other	734331

Based in South Bend

The principal office where Pennfield Capital Corp performs its advisory services is located at 205 West Jefferson Blvd. Suite 400, South Bend, IN 46601, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.