Patrick Carroll
Patrick Carroll is a registered investment advisor at Centaurus Financial, INC., based in Cadillac, MI, with 30 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, Estate Planning, Financial Planning & Coaching, High Net Worth, and 2 more. Their firm serves 38,049 clients with $7.3B in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Centaurus Financial's advisors manage client accounts through various programs, charging an annual fee based on the amount invested. Fees are negotiable and can be a flat percentage or tiered, where the rate decreases as the portfolio value increases. Additional charges may include transaction fees, custodial fees, and internal fund fees.
Maximum advisory fees:
- Alpha, Beta, ABJ, Omega, Delta: 2.25%
- AA & VL: 1.50%
- Adviser-Directed: 1.35%
- FlexUMA: 2.25%
Third-Party Money Managers (TPMMs) charge fees ranging from 1.00% to 3.00%.
Location
7877 Mackinaw Trail, Cadillac, MI, 49601
Get directionsHistory
Regulatory History (5)
Investigation
May 2025Judgment / Lien
March 2024Judgment / Lien
January 2022Judgment / Lien
March 2021Customer Dispute
May 2017Other Business Activities
Patrick is a member of Carroll Retirement Plans & Investments for branding, marketing, and revenue recognition purposes since 2015. He also serves on the boards of Munson Health Care Cadillac Community Healthcare Council and Munson Healthcare Foundation Cadillac Hospital, and is a board member for Clam Lake Township DDA, dedicating minimal time to each of these roles.
Employment History
Current Registrations
Centaurus Financial, INC.
Centaurus Financial, INC.Broker
Previous Registrations
Legend Equities CorporationBroker
American United Life Insurance CompanyBroker
Aul Equity Sales CORP.Broker
State Registrations15 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.