Patrick Long
Patrick Long is a CFP-designated registered investment advisor at Commonwealth Financial Network, based in Birmingham, AL, with 30 years of industry experience. Their practice areas include Financial Planning & Coaching, Investment Management, Retirement Planning. Their firm serves 399,450 clients with $210B in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Commonwealth Financial Network offers investment management through various programs like PPS Custom, PPS Select, and PPS Direct. Fees are generally calculated as a percentage of your portfolio, including cash and money market positions. The exact fees vary depending on the specific program and the agreement between you and your advisor.
Commonwealth generally offers two types of fee schedules: blended and breakpoint. With a blended schedule, different portions of your portfolio are charged at different rates. With a breakpoint schedule, the fee rate declines as your portfolio value reaches certain levels. All fees are negotiable between the advisor and client.
Location
2917 Central Ave, Suite 211, Birmingham, AL, 35209
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Regulatory History (1)
Customer Dispute
April 2004Other 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
Commonwealth Financial NetworkBroker
Previous Registrations
Commonwealth Financial Network
Raymond James Financial Services Advisors, INC
Raymond James Financial Services, INC.Broker
Fsc Securities Corporation
Fsc Securities CorporationBroker
Southtrust Securities, INC.
Liberty Securities CorporationBroker
Independent Financial Securities, INC.Broker
Southtrust Securities, LLCBroker
Compass Brokerage, INC.Broker
State Registrations10 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.