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Penny Lane Wealth Management, LLC

Updated today

Client AUM

$18,896,134

Clients

40

Advisors

3

of 3 employees

About

Penny Lane Wealth Management, LLC provides advisory services to individual and high-net-worth clients and reports roughly $18.9 million in assets under management across about 40 client relationships with two advisors. The firm typically charges percentage-of-AUM fees and also makes available insurance products through an affiliated insurance entity.

The firm’s advisory work is conducted primarily on a non-discretionary basis, so clients generally retain final decision-making authority over transactions rather than delegating full trading discretion. The firm’s brochure also indicates it does not provide portfolio management services for individual clients, so its client work is oriented toward advice, planning, and client-directed implementation.

Penny Lane is affiliated with an insurance company and with other investment advisers, and at least one advisor is licensed to sell insurance through the affiliated insurance business. The brochure discloses that advisors may receive commissions for insurance sales and may receive up to a ten-percent referral fee from the affiliated insurance firm, and describes disclosure and fiduciary processes the firm uses to address those conflicts.

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Fee options

Commissions

Commissions on insurance sales and investment advisory representation are received by Henry Webb; includes potential referral fees.

Main office

1804 W. Union Ave., Suite 202

Tacoma WA 98405

Advisors at this office

3

Most active in

Washington

Also doing business as

Penny Lane Wealth Management · Penny Lane Wealth Management, LLC

Disclosures

Exclamation point means they have disclosures of this type. Check mark means no disclosures of this type were found.

Business activities & affiliations

Advisors at this firm

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Jeffrey C

Series 63, Series 65

Tacoma, WA

Penny Lane Wealth Management, LLC

Jeffrey Cathersal is a financial advisor at Penny Lane Wealth Management, LLC with 24 years of industry experience. His prior roles include positions at Securities America Advisors, Inc. and Arbor Point Advisors. He also serves as president of Cathersal Investments, Inc. Penny Lane Wealth Management, LLC provides advisory services primarily on a non-discretionary basis to individual and high-net-worth clients, focusing on advice, planning, and client-directed implementation. The firm manages approximately $18.9 million in assets across around 40 client relationships.

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John W

Series 63, Series 65

Tacoma, WA

Penny Lane Wealth Management, LLC

John Williamson is a financial advisor with Penny Lane Wealth Management, LLC, holding Series 63 and Series 65 licenses and over 32 years of industry experience. He has previously worked with Alexander Capital Wealth Management, Alexander Capital, and Portfolio Strategies Inc. Williamson serves on the board of One Accord Human Services Group, a nonprofit that assists individuals with criminal backgrounds through job training and employment placement. Penny Lane Wealth Management provides advisory services primarily on a non-discretionary basis to individual and high-net-worth clients, focusing on advice, planning, and client-directed implementation rather than portfolio management. The firm manages approximately $18.9 million in assets across about 40 client relationships.

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Christine P

Series 65

Tacoma, WA

Penny Lane Wealth Management, LLC

Christine Pickering is a financial advisor at Penny Lane Wealth Management, LLC in Tacoma, WA, holding a Series 65 designation with four years of industry experience. Prior to joining Penny Lane Wealth Management in 2022, she spent 13 years at The Boeing Company. Penny Lane Wealth Management provides advisory services primarily on a non-discretionary basis to individual and high-net-worth clients, managing approximately $18.9 million in assets across about 40 client relationships. The firm focuses on advice, planning, and client-directed implementation rather than portfolio management.

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