Retire Your Way Dream it, plan it, live it.

Our Team

At Pennica Financial Group, we believe you deserve to live the retirement of your dreams. That’s why we’ve dedicated our lives to helping clients design and implement successful financial strategies to reach their goals. If you’re looking for a team to guide you at every step on your retirement journey, we’re here to help.

Michael Pennica, CPFA™ Private Wealth Manager

After an accomplished career in the United States Air Force (USAF), Michael Pennica transitioned into financial services in 1993, opening his first office in Colorado Springs in 1996. A year later, his wife, Carol, joined him from USAA. Together, they built Pennical Financial Group (PFG) into an experienced firm dedicated to helping military personnel, retirees, DOD contractors, and small business owners navigate wealth creation and retirement strategies. In joining forces with E.A. Buck Financial Services, this partnership unites the client-first approach Michael and the PFG team are known for with the expanded resources and services of a nationwide organization.

Michael’s background in military intelligence and operations has shaped his analytical approach to financial planning. He holds degrees in military studies, intelligence analysis, and business administration, and has provided financial guidance to both for-profit and nonprofit organizations. He also serves on several boards, including the Make-A-Wish Foundation and the Colorado Springs Chamber of Commerce. Michael and his family embrace the outdoor lifestyle that Colorado offers, valuing hard work, faith, and service as the foundation of a meaningful life.

Carol Pennica Client Services Assistant

Carol comes from a banking family and started her career with various banks and credit unions and later entered the insurance business with USAA. She graduated from Pikes Peak Community College with degrees in Business and Financial Services. In 1996, she joined her husband Michael and applied her banking and customer services skills to help build Pennica Financial Group while instituting a customer service program, financial representative compliance training, and streamlining day-to-day operations.

Her love of animals and kind attitude of giving back to our community has been represented in various ways; such as, serving as a board of director and officer for the Humane Society of the Pikes Peak Region; Committee Member for the Cheyenne Mountain Zoo annual gala; Ambassador for the Colorado Springs Chamber and an Advisory Board member; board member for Pikes Peak Therapeutic Riding Center, volunteer for Make-A-Wish Colorado; and Santa Coordinator for Memorial Hospital - providing cheer to kids that are hospitalized during the holiday season. She and her dog Marco have become a certified Pet Therapy team. As a team, they visit patients and veterans helping to spread hope and smiles.

Carol, Michael and Marco (the firm's Chief of Reception Services) believe in giving back to their community by donating their time and resources to many organizations.

Marco Pennica Chief of Reception Services

Marco (Standard Poodle) joined Pennica Financial Group in February of 2018. He enjoys greeting everyone at the office and always has a lick, tail wag and toy to share. Marco and his handler (Carol Pennica) are a certified Pet Therapy Team. They enjoy visiting patients at hospitals and working with veterans. Marco was nominated for the 2020 AKC Humane Fund Awards for Canine Excellence. His hobbies include walking, hiking, playing, watching wildlife and protecting the ranch.

COMPLIMENTARY EBOOK: What Financial Challenges Will You Face?

The world of retirement is changing — especially how we fund it. Many find themselves questioning when, or if, they will be able to retire. Our free, 8-page guide will help you get a head start on your retirement planning by showing you:

How an experienced financial professional can address your “what-ifs” about retirement — and then help you figure out how to address them.
How the average person spent $146 a year on health care in 1960 compared to the average cost today.
How to ask the right questions about retirement, including: How do I make my money last?

Download your free retirement guide now and take the first step toward taking control of your financial future.

Guarantees and protections provided by insurance products, including annuities, are backed by the financial strength and claims-paying ability of the issuing insurance carrier. Annuities are not bank or FDIC insured.