The Patterson Capital Corporation

CRD#105507
Investment Advisor Firm

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Learn more about The Patterson Capital Corporation

  • Overview
  • By the Numbers
  • Fee Structure
  • Disclosures
  • State Registrations
  • Office Locations
  • Firm Advisors

    • Overview

    The Patterson Capital Corporation operates as an advisory firm based in Los Angeles, California. The firm administers $985.8 million in total assets throughout 10 accounts, placing it among the larger financial advisory firms in the nation by assets under management (AUM). The company has a small team, including 3 financial advisors. The Patterson Capital Corporation is not a registered broker-dealer, signifying that the firm cannot buy and sell securities for its own accounts as well as its clients' and instead must go through a broker-dealer firm to do so. Securities are tradable financial investments such as options, equities and bonds.

    The Patterson Capital Corporation administers all of the company's client assets in a discretionary manner. Discretionary management signifies that transaction choices are made by a portfolio manager without needing to seek the customer's permission. The Patterson Capital Corporation supervises roughly $98.6 million for every client account. An average financial advisor at The Patterson Capital Corporation oversees around three client accounts, making it one of the most personalized firms in the country.

    The firm's headquarters is at 11100 Santa Monica Blvd, Los Angeles, California 90025. The company is legally permitted to provide services to customers across a few states, including California and Texas.

    Assets Under Management

    $985.8 million

    Number of Advisors

    3

    Disclosures

    No

    Office Location

    11100 Santa Monica Blvd
    Los Angeles, CA 90025

    The Patterson Capital Corporation by the Numbers

    Total Assets Under Management

    $985.8 million

    National Average: $8.6 billion
    Total Number of Employees

    5

    National Average: 64
    Total Number of Accounts

    10

    National Average: 375,227
    Average Account Size

    $98.6 million

    National Average: $23.0 thousand
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    Fee Structure

    A financial advisor's fees usually vary depending on the type of services provided. However, fees charged by The Patterson Capital Corporation typically consist of the following fee structure: asset-based. Wrap fee programs, or the practice of bundling services for a single fee, are not offered by the firm.

    Available

    • Offered by 69% of firms

      Percentage of Assets

      Show Explanation

      This fee, which is the most common fee type charged by advisors for portfolio management, is based on the amount of assets you have under management. Also referred to as an asset-based fee, this fee typically ranges from 0.50%-2.00% of AUM annually. You'll typically pay a lower rate the more assets you have under management.

    Unavailable

    • Find one of the 21% of firms that offer this fee type

      Hourly

      Show Explanation

      Like a lawyer, a financial advisor may charge you by the hour. This can be helpful if you are only looking for short-term or one-time advice. Rates typically range from $100-$300 per hour, depending on the complexity and level of services needed.

    • Find one of the 1% of firms that offer this fee type

      Commissions

      Show Explanation

      Occasionally, advisors earn commissions from selling financial products, such as securities or insurance policies, or making certain referrals or transactions. Advisors who earn commissions may be incentivized to make certain recommendations to clients in order to make a commission. Fee-only advisors do not earn commissions, while fee-based advisors may.

    • Find one of the 26% of firms that offer this fee type

      Performance-based

      Show Explanation

      Advisors only earn performance-based fees if a portfolio outperforms a defined benchmark. This fee may be calculated in a number of ways but most commonly is charged as a percentage of investment profits. Performance-based fees may incentivize advisors to make riskier decisions in order to generate higher returns.

    • Find one of the 0% of firms that offer this fee type

      Subscription

      Show Explanation

      Firms generally charge this fee for educational materials provided, such as a monthly magazine. This can be useful if you want to learn about investing or financial management on your own.

    • Find one of the 32% of firms that offer this fee type

      Fixed

      Show Explanation

      Fixed fees are a one-time, lump sum charged for a specific service, like the creation of a financial plan without subsequent implementation. This can be useful if you only need advice for one specific purpose, rather than a long-term advisor. Fixed fees usually range from $1,000 to $3,000.

    • Find one of the 10% of firms that offer this fee type

      Other

      Show Explanation

      Firms can sometimes charge customers using non-traditional fee structures. See this firm's Form ADV for more details.

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    Disclosures

    The Patterson Capital Corporation does not have any disclosures.

    Please visit its Form ADV for more details.

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    Financial Advisors at The Patterson Capital Corporation

    Gregory Welch
    Los Angeles, CA
    Joseph Patterson
    Los Angeles, CA

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