Penfacs Financial Services
Data sourced from SEC public records (and other sources when available). Refreshed weekly • Updated today.
Client AUMClient assets under management
$20,738,529
Clients
17
Advisors
3
of 3 employees
About
PenFacs Financial Services, Inc. is a small SEC-registered investment adviser that provides portfolio management and financial planning to individuals and business clients, reporting roughly $23.16 million in managed assets across 17 client relationships and operating with two investment professionals. The firm offers both discretionary and non-discretionary arrangements and advises on a broad range of instruments including mutual funds, ETFs, variable annuities, REITs, and limited partnerships.
The firm primarily implements client strategies through model portfolios and, when used, sub‑advisers, and it employs a mix of analytical approaches—charting, technical and fundamental analysis, cyclical analysis, and Modern Portfolio Theory—alongside long‑ and short‑term trading techniques. Cash management is handled through the custodian’s designated money‑market sweep, and the firm documents a fiduciary process for retirement account rollover recommendations.
Distinctive features disclosed in the brochure include affiliated broker‑dealer and insurance activities: advisers are registered representatives of an affiliated broker‑dealer and are licensed insurance agents of an affiliated insurance agency, and may receive commission compensation on sales of insurance products and variable annuities. The firm also routinely directs clients to a specific custodian for brokerage and custody and does not vote client proxies, leaving voting responsibility to clients—practices that create potential conflicts of interest and operational differences relative to many peers.
Client services
Expertise
Occupation focus
Fee options
$0 - $500,000: 1.00% $500,001+: 0.50%
Commissions earned on sale of variable annuities and insurance products by registered representatives and licensed insurance agents affiliated with the firm.
Main office
337 Turnpike Road, Suite 203
Southborough MA 01772
Advisors at this office
3
Most active in
Florida · Massachusetts · New Hampshire
Also doing business as
Pen Facs Financial Services · Penfacs Financial Services · Penfacs Financial Services, Inc · Penfacs Financial Services, Inc. · Ronald P Degregorio
Disclosures
Exclamation point means they have disclosures of this type. Check mark means no disclosures of this type were found.
Business activities & affiliations
Is active or affiliated with:
Insurance agent
They sell insurance products and may earn commissions on those sales.
Broker-dealer / trader
They provide brokerage services and may earn transaction-based compensation in addition to advisory fees.
Is not active or affiliated with:
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Bank
They're affiliated with a bank that may offer its own financial products and services.
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Trust company
They provide trust and estate administration services, typically for separate fees.
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Fund sponsor
They manage or sponsor investment funds and may earn management or performance-based fees if clients invest in them.
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Accountant / CPA / tax prep
They offer tax and accounting services, typically for separate fees.
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Lawyer
They provide legal services, typically billed separately.
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Real estate agent
They facilitate real estate transactions and may earn commissions.
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Other specialized services
They may provide services such as pension consulting or municipal advisory work, typically for separate fees.
Forms ADV
Advisors at this firm
Nathan D
Series 66
Southborough, MA
Penfacs Financial Services
Nathan De Gregorio is a financial advisor at PenFacs Financial Services holding a Series 66 designation. He has recently entered the industry and has been associated with several related entities including PenFacs Financial Services, The New PenFacs Insurance Agency, and The PenFacs Group. His background includes roles outside traditional advisory positions, such as work with The New Woodshed and BJ's Brewhouse. PenFacs Financial Services, Inc. is a small SEC-registered investment adviser serving individuals and business clients with portfolio management and financial planning. The firm manages approximately $23 million in assets and employs a variety of analytical approaches and trading techniques, primarily implementing strategies through model portfolios and sub-advisers.
Ronald D
CFP®, ChFC®, Series 63
Southborough, MA
Penfacs Financial Services
Ronald Degregorio is a CFP® and ChFC® with 51 years of experience in financial services. He is the sole advisor at Pen Facs Financial Services in Salem, NH, where he has worked since 1977 and also operates related entities focused on insurance and investment advisory services. Degregorio serves as chairman of the board of USA Hockey and is a council member of the International Ice Hockey Federation, dedicating significant time to governance and the development of hockey. Pen Facs Financial Services provides portfolio management to a small, concentrated client base including pension and profit-sharing plans, trusts, estates, corporations, and individuals. The firm uses both fundamental and technical analysis with primarily non-discretionary account management.
Erik D
ChFC®, Series 63
Southborough, MA
Penfacs Financial Services
Erik Degregorio is a ChFC® with over 33 years of experience in financial services. He is currently with Penfacs Financial Services and has a long tenure with affiliated entities dating back to 1993. PenFacs Financial Services, Inc. is a small SEC-registered investment adviser serving individuals and business clients with portfolio management and financial planning. The firm uses a variety of analytical approaches and model portfolios while offering both discretionary and non-discretionary arrangements.
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