LPL Registered Principal
Dryden Pence, CPM® | LPL Registered Principal
Eldon Dryden Pence III serves as the Chief Investment Officer of Pence Wealth Management. He is a Registered Principal & Investment Advisory Representative with LPL Financial.
Under his leadership and investment direction, the firm has grown to be one of the most respected wealth management firms in the nation with both the firm and its advisors frequently recognized by industry journals such as Forbes and Barron’s.
Dryden obtained his degree in Economics from Harvard University in 1982. In that same year, he was commissioned in the US Army as a Military Intelligence Officer through the ROTC program at Massachusetts Institute of Technology (MIT). After further Graduate Study in Law and Crisis Management, Dryden functioned as a Military Intelligence, and Special Operations Officer, specializing in Psychological Warfare. He was reactivated for Desert Storm and is the recipient of three Meritorious Service Medals, both the Bronze Star, Army Commendation Medal with “V” for valor in combat, and the Legion of Merit from the U.S. Army, one of the highest honors earned by a soldier. After commanding joint intelligence units in support of both US Central Command in the Middle East and US Africa Command, Colonel Pence retired from the Army Reserve in July 2015.
From 1985 – 2001, as a civilian, he served as principal owner and President of a regional investment banking firm, headquartered in Fort Smith, AR where he led and participated in over $1 billion in financial transactions. In 2001, Mr. Pence retired from Investment Banking, selling the firm to his junior partners and joined his wife Laila Pence in forming Pence Wealth Management in Newport Beach, California.
Formally trained as an economist, Dryden Pence received his Certified Portfolio Manager designation from Columbia University, and as CIO of Pence Wealth Management, he oversees the service of over $1 billion in brokerage and advisory client assets.
Dryden Pence combines his formal training and knowledge as an economist with his years of experience in psychological warfare to bring a unique understanding of human behavior and how it affects the economy and the markets. Dryden Pence is a frequent speaker at regional and national events.
CA Insurance License # 0F82198