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Why Palen Financial LLC?

For nearly thirty years, we have been working with high net worth families and servicing small business 401k plans in the greater Quad City Area.  As a successful independent Registered Investment Advisory firm, we are not affiliated with any broker-dealer or insurance company.  This allows us to remain completely unbiased and independent when choosing investment portfolios.  Simply put, we offer a “Best in Class” approach to investing.

• We are non-commissioned, so there is no confilict-of-interest between you and your financial advisor.
• Through our signed Investment Advisory Contract with you, we decrease your losses by using exit strategies in down markets. We also increase your profit potential with our profit strategies in up markets.
• We charge an asset management fee that is based on the value of your account.
• When your account values are down, our fees are down. When your account values are up, our fees are up. We have a strong incentive to make sure your money grows. This is a win-win relationship that you should be very comfortable with.

Fiduciary Responsibility

It is important to note that because we are a “Registered Investment Advisory” firm we are held to a higher fiduciary standard than most brokers, financial advisors and insurance agents.

• A fiduciary is a person or entity that manages money for the benefit of another.
• As a fiduciary, we are bound by law to place the interests of our client first.

Click here for an article explaining the differences between a Registered Investment Advisor and a Broker. 

Where will your money be held?

TD AMERITRADE Institutional is our primary custodian and is where your money will be held. All statements, investment confirmations and 1099’s will be sent to you by TD AMERITRADE Institutional; you may also view this information online at anytime.  In addition, all investing and check writing done through Palen Financial LLC must be made payable to TD AMERITRADE Institutional.  The only exception to this is if you invest on your own and want us to provide to you our professional financial advice.  If your financial plan includes insurance products, you will make your check(s) payable directly to the insurance company as well.

For more information please call 563-344-5888 or toll free at 877-375-0144 to set up a telephone consultation.  During business hours, leave your information under the “Contact” tab and we’ll respond to your inquiry via email.

For a Consultation Form, click here!