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CFP

Patrick Long

Commonwealth Financial Network
31 Years of Experience
Birmingham, AL
1 DisclosureBrokerSells Insurance
View SEC Summary
View SEC Summary

Patrick Long is a CFP-designated registered investment advisor at Commonwealth Financial Network, based in Birmingham, AL, with 31 years of industry experience. Patrick is also registered as a broker, so some compensation may come from commissions on products sold. Their practice areas include Alternative Investments, Annuities, Business Owners, Charitable Giving, and 10 more. Their firm serves 360,488 clients with $210B in assets under management.

Commonwealth Financial Network
Compensation
Commission-BasedFee-Only (% of Portfolio)Fixed/Hourly
Firm Size
2904 advisors
Number of Clients
360,488 clients
Average Client Portfolio
$590K average
Assets Under Management
$212.7B

Fee Structure

Minimum Investment:$25K
Planning is included in investment management (also available separately)
Minimum Annual Fee:$600
Portfolio-Based Fees (Tiered)
Portfolio ValueAnnual Fee
Up to $750K2.25%
$750K - $1.0M2.00%
$1.0M - $2.0M1.75%
$2M+1.50%

Fees are negotiable. Schedule represents maximum allowable annual management fees for PPS Custom programs. Other programs like PPS Select and PPS Direct have separate advisor and program fee schedules.

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

Location

2917 Central Ave, Suite 211, Birmingham, AL, 35209

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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.
Customer Dispute
April 2004
Settled
View Full SEC ReportHow to Read Disclosures
Other Business ActivitiesSells Insurance

Patrick sells fixed insurance, dedicating minimal time to this activity. He is also a co-owner of Longbow Capital Partners, LLC, a private entity facilitating securities, advisory, and insurance business, also dedicating minimal time to this.

Employment History
Current Registrations
Commonwealth Financial Network
November 2023 - Present · 2 yrs 11 mos
Commonwealth Financial NetworkBroker
November 2023 - Present · 2 yrs 11 mos
Previous Registrations
Commonwealth Financial Network
November 2023 - November 2023 · 0 mos
Raymond James Financial Services Advisors, INC
August 2016 - November 2023 · 7 yrs 3 mos
Raymond James Financial Services, INC.Broker
August 2016 - November 2023 · 7 yrs 3 mos
Fsc Securities Corporation
February 2005 - August 2016 · 11 yrs 6 mos
Fsc Securities CorporationBroker
January 2005 - August 2016 · 11 yrs 7 mos
Southtrust Securities, INC.
May 2004 - January 2005 · 8 mos
Liberty Securities CorporationBroker
August 1998 - April 2000 · 1 yr 8 mos
Independent Financial Securities, INC.Broker
June 1998 - August 1998 · 2 mos
Southtrust Securities, LLCBroker
May 1998 - January 2005 · 6 yrs 8 mos
Compass Brokerage, INC.Broker
August 1995 - May 1998 · 2 yrs 9 mos
State Registrations13 states
ALCACOFLGAINKYLAMSNCNVTNTX
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.
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