Patrick Renn
Patrick Renn is a registered investment advisor at The Renn Wealth Management Group, INC., based in Atlanta, GA, with 55 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 3 more. Their firm serves 74 clients with $150M in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Renn Wealth Management Group offers several investment account options, each with its own fee schedule. The annual fee is based on a percentage of your portfolio and is paid quarterly in advance. The fee is calculated based on the value of your account on the last business day of the previous quarter.
Here are the different account options and their fees:
- AMBASSADOR Account: All-inclusive advisory fee with no additional transaction charges. Minimum account size is $25,000.
- Raymond James Consulting Services (RJCS): Access to portfolio managers. Minimum account size varies.
- FREEDOM: Fee-based asset allocation platform with mutual fund models. Minimum account size is $50,000.
- FREEDOM UMA: Fee-based asset allocation platform combining separately managed accounts and mutual funds. Minimum account size is $300,000.
All fees may be negotiable within the stated fee schedule.
Location
3205 Paces Ferry Place, Nw, Atlanta, GA, 30305
Get directionsHistory
Regulatory History
No disclosures, customer disputes, or regulatory actions on file.
Disclosures include customer complaints, regulatory actions, and other events that advisors must report to the SEC. A clean record means none have been reported.
Learn about disclosures →Other Business ActivitiesSells Insurance
Patrick owns an LLC that owns his office building, is involved with the finance/investment committees for two non-profits, and is an author. He also works as an agent for New Life Strategies and Renn Wealth Management Group, selling non-variable life insurance, dedicating about 10-20% of his time to each.
Employment History
Current Registrations
The Renn Wealth Management Group, INC.
Raymond James Financial Services, INC.Broker
Previous Registrations
Financial Service Corporation of AmericaBroker
Fundamental Service CorporationBroker
Phoenix Equity Planning CorporationBroker
State Registrations14 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.