Penbrook Management Llc
- Regulatory AUM
- $175M
- Discretionary
- $175M
- Clients
- 81
- Avg AUM / client
- $2.2M
- Accounts
- 168
- Employees
- 4
AUM over time
Reported AUM from Form ADV filings, plotted by filing date · as of May 28, 2026
Who they serve
| Client type | Clients | AUM | % of AUM |
|---|---|---|---|
| Individuals (non-high net worth) | 37 | $9.0M | 5.13% |
| High net worth individuals | 37 | $139M | 79.0% |
| Pooled investment vehicles (non-investment companies) | 1 | $9.3M | 5.28% |
| Pension and profit sharing plans | 1 | $4.1M | 2.36% |
| Charitable organizations | 3 | $9.6M | 5.49% |
| Corporations and other businesses | 2 | $4.8M | 2.74% |
Private funds (1)
Reported in Form ADV Section 7.B.(1), filing of Feb 2024 · $8.0M combined gross assets
| Fund | Type | Domicile | Gross assets | Owners |
|---|---|---|---|---|
| Ankap Partners, L.P. | Hedge Fund | Delaware | $8.0M | 14 |
People (4)
roster as of Jul 20, 2026| Name | Role / title | Credentials | With firm since | Ownership |
|---|---|---|---|---|
| Barbara Ann Dicostanzo | Managing Member, Chief Compliance Officer | CFP | Apr 2003 (23y) | 25% – 50% |
| Robert Stephen Anderson | Managing Member | CFA | Apr 2003 (23y) | 50% – 75% |
| Barbara Hill Chacour | Registered representative | CFA | Aug 2021 (5y) | |
| Christopher Dicostanzo | Registered representative | Jan 2022 (5y) |
Undisclosed: 0% – 25% of the firm is not attributable from the filed Schedule A bands.
Roster from the IAPD representatives feed; ownership and acquisition dates from Form ADV Schedule A/B. "Since" is the earliest filed registration or acquisition date.
Private funds (1, $8.0M gross assets)
| Fund | Type | Gross assets | Min. investment | Owners |
|---|---|---|---|---|
| Ankap Partners, L.P. | Hedge Fund | $8.0M | $250K | 14 |
From Form ADV Section 7.B private fund reporting.
Documents (1 archived)
| Form | Period | Size | |
|---|---|---|---|
| Form ADV (full filing) | 05/28/2026 | 1.38 MB | View · PDF · Source ↗ |
Archived copies of the firm's regulatory filings, versioned by content hash.
Disciplinary disclosures
This firm answered "yes" to a disciplinary item on its latest filing. Detailed disclosure pages for this filing have not been imported yet — see the source filing below.
How they charge
- • Percentage of assets under management
Services
- • Financial planning services
- • Portfolio management for individuals/small businesses
- • Portfolio management for pooled investment vehicles
- • Portfolio management for businesses/institutional clients
- • Pension consulting services
Custody
Reported custodians
- Pershing $163M (93% of AUM) May 2026
Amounts as reported in ADV Item 5.K.(3) (custodians holding 10%+ of SMA assets).
Firm reports it does not have custody of client funds or securities (Item 9.A).
Source
All data on this page comes from this firm's Form ADV filings, reproduced without modification. Latest filing: May 28, 2026.
View current Form ADV (SEC/IAPD) ↗