Penny Pennington was born in Nashville, Tennessee. She received a bachelor's degree in commerce with a concentration in finance from the University of Virginia and an MBA from Kellogg School of Management at Northwestern University.
Pennington started her career with Edward Jones Investments in 2000 as a financial advisor in Livonia, Michigan. She was named a principal and moved to the company's St. Louis, Missouri headquarters in 2006. After her move to St. Louis, Pennington took on several senior leadership roles at Edward Jones. She served as a board member on the Edward Jones Trust Co. and on the executive, management and audit committees. Beginning in 2015, she was head of the client strategies group; overseeing products/services delivered to clients and research, trading and marketing.
Pennington is on the board of the Edward Jones Trust Company, a member of Edward Jones’ executive, management and audit committees and she is a senior executive sponsor of the firm's lesbian, gay, bisexual, transgender and ally (LGBTA) Business Resource Group.
Edward D. Jones Co., L.P., since 1995 simplified as Edward Jones is a financial services firm headquartered in Des Peres, Missouri, United States and serves investment clients in the U.S. and Canada, through its branch network of more than 12,000 locations and currently have relationships with nearly 7 million clients worldwide. The firm focuses solely on individual investors and small-business owners. Edward Jones is a subsidiary of The Jones Financial Companies, L.L.L.P., a limited liability limited partnership owned only by its employees and retired employees and is not publicly traded.