Prior to founding Penney Capital, Clark Penney began his career working on energy and defense committees with the U.S. Senate in Washington D.C. and with the president pro tempore. Later, he branched into the finance industry for over 10 years: co-founding Cypress Wealth Management, a private wealth management firm now with over $1 billion in assets under management and offices in Alaska and California, where he remains a partner.

Today, Penney Capital's resume includes leading economic development with The State of Alaska, new development projects worth over $2 billion, and other areas of expertise including financial technology firms, cryptocurrency, campaigns, wireless technology, and manufacturing. The firm continues relationships with consulting and lobbying firms in Washington D.C. and other locations to help fulfill client needs and opportunities.