Who is Laila Pence (CRD#: 710521)?
Laila Pence, CFP®, is the President of Pence Wealth Management, a Registered Investment Advisory business and one of the nation’s premier private wealth management organizations. She specializes in wealth planning for individuals and businesses, as well as retirement income planning.
Laila has built Pence Wealth Management into a highly successful organization over the last 35 years via her hard work and dedication to assisting hundreds of customers in developing strategies to connect their personal and professional goals. Laila got her undergraduate degree at UCLA and the CERTIFIED FINANCIAL PLANNERTM accreditation from the College For Financial Planning, which is the gold standard in financial planning.
This article goes further into Laila Pence’s past, uncovering hidden disclosures and SEC litigations, as well as analyzing the implications for law.
About Pence Wealth Management
Pence Wealth Management is a small team of financial advisors based in Southern California. It does not provide portfolio or investment management services, unlike many other financial advisory firms. Advisors will provide investment advice, but the organization only provides financial planning services.
Pence, as a fee-based business, allows selected advisors to collect third-party income in addition to client-paid fees. A fee-only firm, on the other hand, solely collects fees from clients.
Pence Wealth Management Background
In 1980, Pence Wealth Management was founded. The firm has expanded to many offices in Southern California, close to Los Angeles. Even though the firm has been in operation for nearly four decades, it still works with a small number of clients. Instead, it emphasizes getting to know each customer to develop a very clear and complete plan for achieving the client’s financial goals.
Because it does not provide portfolio management services, the firm distinguishes itself from many other financial advisor firms. At the same time, Pence Wealth Management advisors are LPL Financial registered advisors.
Services Offered by Pence Wealth Management
Advisors at Pence Wealth Management do not offer investment or portfolio management, but they do provide a wide range of financial planning services:
- Investment Planning
- Life Insurance Planning
- Tax Planning
- Retirement Planning
- Debt/credit Planning
- Education and 529 Planning
- Trust and Estate Planning
- Charitable giving
If you are searching for investing advice, advisors may still help you with things like determining your risk tolerance, determining the best asset allocation for you, diversifying your portfolio, and understanding how your investments will influence your taxes.
It’s also worth noting that Pence Wealth Management advisors are LPL Financial registered financial advisors. They may be able to provide extra services as advisors to that organization.
Fees Under Pence Wealth Management
Pence Wealth Management’s costs are determined by the type and complexity of services you receive. Advisors often charge clients either a one-time fixed fee or an hourly cost.
If you only require assistance in developing a financial plan, you will most likely pay a single cost ranging from $1,000 to $20,000, depending on the intricacy of your circumstances. If you require assistance beyond the creation of a strategy, you will most likely pay an hourly charge of $150 to $350 per hour. All of these rates are adjustable, and you will agree on a price before receiving any services.
Advisors accept cheque payments, and you can pay in advance or after the services are completed. Advance payments will be prorated and returned if the cost of the services you received is less than what you paid.
What is SEC?
The Securities and Exchange Commission (SEC) in the United States is a federal government regulatory agency that works independently. Its main responsibility is to safeguard investors, ensure the securities markets operate in a fair and orderly manner, and facilitate capital formation.
Laila Pence Disclosures: BrokerCheck, FINRA, And SEC
BrokerCheck report of Laila Pence includes information such as employment history, professional qualification, disciplinary actions, criminal convictions, civil judgment, and arbitration awards as well as disclosure events.
According to the BrokerCheck report, 4 customer dispute disclosures have been reported against Laila Pence.
BrokerCheck
Source: https://brokercheck.finra.org/individual/summary/710521
SEC Litigations & Forms
Source: https://secsearch.sec.gov/search?affiliate=secsearch&sort_by=&query=%27Spuds+Powell%27
Laila Pence Lawsuits
Most court cases filed in the United States of America are archived on CourtListener, UniCourt, Law.com, Justia, Trellis, law, and Law360. If Laila Pence has been involved in any such lawsuits, then you can find the documents using the links down below:
There might be more pending lawsuits against Laila Pence which are not listed on these directories. Lawsuit files are often deleted from online directories. So if you cannot find any lawsuits against Laila Pence on these websites, then you can contact the local authorities and check if they have a physical copy of any lawsuits.
CourtListener
UniCourt
Law.com
Law360.com
Trellis.law
Justia
Laila Pence Complaints and Legal Battles
The following websites/directories are the best sources for finding complaints, litigations, and disputes against finance advisors. You can find all the complaints against Laila Pence using the websites down below:
Sonn Law Group
SEC.gov
White Law Group
MDF Law
Israels & Neuman, PLC
Klayman Toskes
You can contact the law firms mentioned above if facing issues with Laila Pence or any financial advisor.
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