Patrick Lee
Patrick Lee is a registered investment advisor at Allstate Financial Advisors, LLC, based in White Lake, MI, with 29 years of industry experience. Patrick operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Investment Management. Their firm serves 280 clients with $82M in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Allstate Financial Advisors (AFA) uses Fidelity Institutional Wealth Adviser's (FIWA) FMAX wrap fee program. The fee covers investment advice and trading costs, based on a percentage of the assets managed, up to 1.5%. AFA receives part of this fee, creating a potential conflict of interest. Clients should compare the FMAX program's overall cost and service with other options, including brokerage accounts and other advisor programs.
Location
9145 Highland Rd, White Lake, MI, 48386-2033
Get directionsHistory
Regulatory History (4)
Financial
May 2021Financial
July 2018Judgment / Lien
July 2017Customer Dispute
June 2016Employment History
Current Registrations
Allstate Financial Advisors, LLC
Allstate Financial Services, LLCBroker
Previous Registrations
Fifth Third Securities, INC.Broker
Natcity Investments, INC.Broker
Financial Network Investment CorporationBroker
Comerica SecuritiesBroker
Comerica SecuritiesBroker
Prudential Securities IncorporatedBroker
Titan/value Equities Group, INC.Broker
State Registrations6 states
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.