Patrick Drum
Patrick Drum is a CFA, CFP-designated registered investment advisor at Saturna Capital Corporation, based in Bellingham, WA, with 23 years of industry experience. Patrick operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Financial Planning & Coaching, Investment Management, Retirement Planning, Socially Responsible Investing. Their firm serves 91 clients with $8.6B in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Portfolio-Based Fees (Tiered)
| Portfolio Value | Annual Fee |
|---|---|
| Up to $5.0M | 0.50% |
| $5M+ | 0.40% |
Annual advisory fee is $2,500 plus the tiered percentage. Minimum quarterly fee of $1,250 (minimum $5,000 annually). Accounts with less than $1 million are limited to holding only equities and mutual funds.
Fee Estimator
Location
1300 N State St., Bellingham, WA, 98225-4730
Get directionsHistory
Regulatory History (2)
Customer Dispute
June 2008Customer Dispute
October 2003Other Business Activities
Patrick is the sole member of Wafra Holdings LLC, which owns and operates rental properties. He dedicates minimal time to this activity.
Employment History
Current Registrations
Saturna Capital Corporation
Saturna Brokerage Services, INCBroker
Previous Registrations
UBS Financial Services INC.
UBS Financial Services INC.Broker
Morgan Stanley Dw INC.Broker
State Registrations1 state
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.