The Patterson Capital Corporation is a large advisory firm based in Los Angeles. It manages $1.26 billion of regulatory assets for 15 client accounts. It has been registered with the SEC as an adviser since 2008 and has operated in the jurisdictions of California and Texas.
The Patterson Capital Corporation provides portfolio management for businesses and institutional clients. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of The Patterson Capital Corporation is $1.26 billion, all of which is managed in discretionary accounts. The firm's AUM has gone down by -27% since the beginning of its operation, and $2.53 million of the total AUM is attributable to clients outside of the United States.
The advisory firm has a single stream of revenue. Clients pay The Patterson Capital Corporation for their services and products based on a percentage of assets under management. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.
The company employs 9 people that are either part- or full-time employees. 44 percent of the employees work as investment advisers or researchers. 4 employees are registered as investment adviser representatives with the state securities authorities.
There isn’t anyone with the role of looking for and bringing in new clients on behalf of the firm. The firm doesn’t compensate employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.
The principal office where The Patterson Capital Corporation performs its advisory services is located at 11100 Santa Monica Blvd, Los Angeles, CA 90025, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 310-556-2496 or by fax 310-556-0654. The normal business hours are 7:00 am - 5:00 pm on Monday - Friday. You can find more information about the New York firm at pattersoncapital.com.