Patrick Sumeren
Patrick Sumeren is a registered investment advisor at Osaic Wealth, INC., based in Bay City, MI, with 34 years of industry experience. Patrick operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Business Owners, Education Planning, Estate Planning, Investment Management, and 1 more. Their firm serves 574,829 clients with $200B in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Osaic Wealth offers investment management through several platforms, including Advisor Managed Portfolios, Unified Managed Accounts, and Signator Managed Account Platform. Fees are negotiable and based on a percentage of the assets in your account. The fees cover advisory services, custodial services, and in some cases, transaction costs. Mutual funds and ETFs within these accounts have their own internal fees. Some programs have wrap accounts where all costs are bundled into one fee.
Location
3865 Wilder Rd, Suite 7B, Bay City, MI, 48706
Get directionsHistory
Regulatory History (1)
Employment Separation After Allegations
July 2004Other Business ActivitiesSells Insurance
Patrick owns Van Sumeren Wealth Management, where he sells fixed life, long-term care, and disability income products, and provides financial planning and securities services. He also dedicates time to various roles within the Catholic Diocese of Saginaw and local Catholic schools and church.
Employment History
Current Registrations
Osaic Wealth, INC.
Osaic Wealth, INC.Broker
Previous Registrations
Spc
Sigma Financial CorporationBroker
Centaurus Financial, INC.Broker
AXA Advisors, LLCBroker
The Equitable Life Assurance Society of the United StatesBroker
State Registrations9 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.