Patrick Towne (Plano)

Patrick Towne is an adviser based in Plano. It manages $364 thousand of regulatory assets for 5 client accounts. It has been registered with the SEC as an adviser since 2009 and has operated in the jurisdiction of Colorado.

Patrick Towne provides portfolio management for individuals and small businesses. It prepares financial plans for less than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.

Patrick Towne: assets under management

The assets under management (AUM) of Patrick Towne is $364 thousand, all of which is managed in discretionary accounts. The firm's AUM has gone down by -99% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $364 thousand in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $72.8 thousand each.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Patrick Towne for their services and products based on a percentage of assets under management and performance-based fees. The adviser charges an additional fee when a set benchmark is outperformed. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

Careers at Patrick Towne

Patrick Allen Towne has been acting as President since 1 Jul 2009. Ryan Christopher Walker joined the executive team most recently as the 'Chief Compliance Officer'.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Patrick Allen Towne	President	1 Jul 2009	75% - 100%	4915655
Ryan Christopher Walker	'chief compliance officer'	1 Jan 2010	Other	5596257

Based in Plano

The principal office where Patrick Towne performs its advisory services is located at 2205 Seminole Ct, Plano, TX 75074 The mailing address of the firm is 2205 Seminole Ct., Plano, TX 75074. It doesn’t run an office outside of the United States.