TrueAdvisor
TrueAdvisor
EP
EP

Edward Patrick

Arete Wealth Advisors, LLC
41 Years of Experience
Melville, NY
1 DisclosureBrokerSells Insurance
View SEC Summary
View SEC Summary

Edward Patrick is a registered investment advisor at Arete Wealth Advisors, LLC, based in Melville, NY, with 41 years of industry experience. Edward is also registered as a broker, so some compensation may come from commissions on products sold. Their practice areas include Charitable Giving, Education Planning, Estate Planning, High Net Worth, and 4 more. Their firm serves 5,426 clients with $2.7B in assets under management.

Arete Wealth Advisors, LLC
Compensation
Fee-Only (% of Portfolio)Fixed/Hourly
Firm Size
147 advisors
Number of Clients
5,426 clients
Average Client Portfolio
$506K average
Assets Under Management
$2.7B

Fee Structure

Minimum Investment:$50K
Investment management only (planning not offered)
Portfolio-Based Fees (Tiered)
Portfolio ValueAnnual Fee
Up to $249K3.00%
$249K - $750K2.50%
$750K - $1.5M2.00%
$1.5M - $5.0M1.75%
$5M+1.50%

Fees are negotiable and tailored to each client.

Fee Estimator
Your Portfolio Value
$500K
$0$500K$1M$5M$20M
Estimated Annual Fee
—
View Full SEC Brochure

Location

425 Broadhollow RD. Suite 325, Melville, NY, 11743

Get directions

History

Regulatory History (1)
What are disclosures? Advisors must report customer complaints, regulatory actions, and certain legal or financial events to the SEC. Not all disclosures are serious—many are settled disputes or minor violations. Learn how to evaluate them.
Criminal
June 2016
Final Disposition
View Full SEC ReportHow to Read Disclosures
Other Business ActivitiesSells Insurance

Edward is a registered representative/advisor for Fincadia LLC, Fincadia Wealth Management LLC, and Fincadia Capital Partners LLC, all since 2022. He is also an independent insurance agent, dedicating full-time hours to insurance sales.

Employment History
Current Registrations
Arete Wealth Advisors, LLC
July 2022 - Present · 4 yrs 3 mos
Arete Wealth Management, LLCBroker
July 2022 - Present · 4 yrs 3 mos
Previous Registrations
National Asset Management, INC.
July 2017 - July 2022 · 5 yrs
National Securities CorporationBroker
June 2017 - July 2022 · 5 yrs 1 mo
Oppenheimer & CO. INC.
November 2009 - June 2017 · 7 yrs 7 mos
Oppenheimer & CO. INC.Broker
March 2009 - June 2017 · 8 yrs 3 mos
Merrill Lynch, Pierce, Fenner & Smith Incorporated
December 2007 - March 2009 · 1 yr 3 mos
Merrill Lynch, Pierce, Fenner & Smith IncorporatedBroker
January 1988 - March 2009 · 21 yrs 2 mos
Kidder, Peabody & CO. IncorporatedBroker
July 1986 - January 1988 · 1 yr 6 mos
E. F. Hutton & Company INCBroker
November 1984 - August 1986 · 1 yr 9 mos
State Registrations11 states
DCDEFLHIMAMDNYPARIVAVT
AdvisorBrokerBoth

You can work with an advisor not registered in your state. Most advisors can legally serve a small number of clients across state lines without registering.

Exams
No exam information available for this advisor.
More Advisors
More financial advisors in Melville, NY →All financial advisors in New York →