Patrick Latta is a registered investment advisor at Act Advisors, based in Asheville, NC, with 24 years of industry experience. Patrick operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Estate Planning, High Net Worth, Insurance Planning, Investment Management, and 1 more. Their firm serves 409 clients with $430M in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
ACT Advisors charges an annual investment management fee based on a percentage of the assets they manage. This fee is negotiable and paid quarterly in advance. If you also engage ACT Advisors for financial planning and/or consulting services, they will generally charge an additional $500 monthly in advance for a minimum of 24 months, which is also negotiable. For the passive strategy, clients are charged an additional 0.2% annual fee, but the combined annual fee will not exceed 2%.
Location
521 College Street, Asheville, NC, 28801
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Regulatory History (2)
Customer Dispute
February 2026Customer Dispute
February 2026Other Business Activities
Patrick is involved in several real estate ventures, including Pat Latta House Rental since 2012, Latta Properties LLC since 2017, and JBNP Properties LLC since 2024. He also dedicates full-time hours to AVLATTA LLC, though it's noted as not investment-related.
Employment History
Current Registrations
Act Advisors
Previous Registrations
LPL Financial LLCBroker
VALIC Financial Advisors, INC.
VALIC Financial Advisors, INC.Broker
The Variable Annuity Marketing CompanyBroker
State Registrations2 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.