Advisor at Encompass More Asset Management LLC
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Firm
Encompass More Asset Management LLC
Location
Scottsdale, AZ
Credentials
CFP®, CFA®, Series 63, Series 65
Industry experience
42 years
Jay Penney is a CFP® and CFA® with 42 years of industry experience. He is currently with Encompass More Asset Management LLC and has held previous roles at M.S. Howells & Co., Ashton Thomas Private Wealth, and Geneos Wealth Management Inc., among others. He operates Jay R. Penney, L.L.C., an S-Corporation through which he receives business revenues related to his wealth management practice. Encompass More Asset Management LLC primarily serves individual and high-net-worth clients, offering discretionary portfolio management through proprietary and third-party models, financial planning, and access to private placements. The firm manages approximately $582 million for around 4,000 clients and employs a model-based investment approach that incorporates quantitative, qualitative, and fundamental analysis.
Based on Encompass More Asset Management LLC
Fixed fees for financial planning/consulting as specified in the agreement, varying by client and complexity.
up to 2.0% annually (negotiable; never to exceed 2%)
Registered representatives may earn commission-based compensation on securities and insurance products sold separately from advisory accounts.
Hourly financial consulting fees generally range from $100 to $300 per hour.
Management Services to pooled investment vehicles: 2.0% annual management fee plus 20% performance allocation above 8% annualized return with high water mark.
Subscription-based financial planning fees payable monthly or quarterly as specified in the agreement.
Fee-only: Advisory fees based on a percentage of assets under management; financial planning fees negotiated, may be hourly, fixed, or subscription-based.
Scottsdale, AZ
Arizona
Encompass More Investments, LLC
2025 - Present (1 year)
Encompass More Asset Management LLC
2025 - Present (1 year)
M.S. Howells & Co.
2018 - 2025 (7 years)
Ashton Thomas Private Wealth, LLC
2016 - 2025 (9 years)
Ashton Thomas Insurance Agency
2016 - 2025 (9 years)
PeachcapSecurities, Inc.
2016 - 2018 (2 years)
Geneos Wealth Management Inc.
2009 - 2016 (7 years)
Jay R. Penney, LLC
2000 - 2016 (16 years)
Exclamation point means they have disclosures of this type. Check mark means no disclosures of this type were found.
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.
Fund sponsor
They manage or sponsor investment funds and may earn management or performance-based fees if clients invest in them.
Is not active or affiliated with:
Bank
They're affiliated with a bank that may offer its own financial products and services.
Trust company
They provide trust and estate administration services, typically for separate fees.
Accountant / CPA / tax prep
They offer tax and accounting services, typically for separate fees.
Lawyer
They provide legal services, typically billed separately.
Real estate agent
They facilitate real estate transactions and may earn commissions.
Other specialized services
They may provide services such as pension consulting or municipal advisory work, typically for separate fees.
CFP®, Series 63, Series 65, Series 66
Mesa, AZ
Larson Wealth Management, LLC
CFP®, Series 63, Series 66
Scottsdale, AZ
Echelon Private Wealth LLC
Series 65
Phoenix, AZ
Betts LLC
CFP®, Series 63
Scottsdale, AZ
Musser Financial Planning, LLC
Series 63, Series 65
Phoenix, AZ
FMT Investment Advisory
Series 63, Series 65
Scottsdale, AZ
Karpinski Financial, LLC
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