# Pennyfarthing Investment Management, L.L.C.

> Pennyfarthing Investment Management, L.L.C. is a state-registered investment advisory firm in Amherst, MA, registered since 2004, reporting $25 million to $100 million in regulatory assets under management in its Form ADV filing dated March 9, 2026.

- CRD: 123006
- Filed as: PENNYFARTHING INVESTMENT MANAGEMENT, L.L.C.
- Registration: State-registered investment adviser (status as filed: APPROVED)
- Location: Amherst, MA
- Filing period: October 2026
- Form ADV filing dated: March 9, 2026
- Public record (IAPD): https://adviserinfo.sec.gov/firm/summary/123006
- AdvisorCensus page: https://advisorcensus.com/firm/pennyfarthing-investment-management-l-l-c-amherst-ma-123006

## Quick answers

**How is Pennyfarthing Investment Management, L.L.C. compensated?**
On its Form ADV (Item 5.E, October 2026), Pennyfarthing Investment Management, L.L.C. reports these compensation arrangements: a percentage of assets under its management; hourly charges. The amounts are in Item 5 of its Form ADV Part 2A brochure.

**Where is Pennyfarthing Investment Management, L.L.C. located?**
Pennyfarthing Investment Management, L.L.C.'s principal office is in Amherst, MA, according to its Form ADV.

**Is Pennyfarthing Investment Management, L.L.C. registered with the SEC or a state?**
Pennyfarthing Investment Management, L.L.C. is a state-registered investment advisory firm, registered since 2004. Status as filed: APPROVED. CRD 123006.

**How much does Pennyfarthing Investment Management, L.L.C. manage?**
Pennyfarthing Investment Management, L.L.C. reports $29,328,633 in regulatory assets under management in its Form ADV filing dated March 9, 2026 (95% discretionary).

**What types of clients does Pennyfarthing Investment Management, L.L.C. serve?**
By number of clients on Form ADV Item 5.D: high net worth individuals (19); individuals (other than high net worth individuals) (8).

**Does Pennyfarthing Investment Management, L.L.C. report any disciplinary disclosures?**
Reports no disclosure items on Form ADV Item 11. The detail of any item is on the firm's public record on IAPD: https://adviserinfo.sec.gov/firm/summary/123006

## From the Form ADV filing

### Compensation (Item 5.E)
- A percentage of assets under your management
- Hourly charges

### Regulatory assets under management (Item 5.F)
- Total: $29,328,633
- Discretionary: $27,896,071
- Non-discretionary: $1,432,562

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 8 | $1,724,469 |
| High net worth individuals | 19 | $27,604,164 |

### Advisory services (Item 5.G)
- Financial planning services
- Portfolio management for individuals and/or small businesses
- Portfolio management for businesses (other than small businesses) or institutional clients

### Firm details
- Registered since: 2004 (22 years)
- Employees: 1 total, 1 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: MA
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Websites listed on Form ADV (Item 1.I)
- [pennyfarthinginvestment.com](https://pennyfarthinginvestment.com)
- LinkedIn @eric-bright-cfa-45b8138
- X @researchbright

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Pennyfarthing Investment Management, L.L.C. (CRD 123006): Form ADV filing data as of October 2026.