Sanay Patel is a registered investment advisor at Purpose Wealth, based in Longmont, CO, with 2 years of industry experience. Sanay 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, Insurance Planning, and 2 more. Their firm serves 15 clients with $11M in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Investment management is typically not offered as a standalone service, but clients can engage Purpose Wealth for it. If you choose investment management, it's included in the fixed financial advisory fee, which ranges from $7,500 to $20,000 per year, depending on the complexity of your financial situation. This fee is negotiable and increases by 3% annually to account for inflation.
Location
Longmont, CO
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 Activities
Sanay is employed part-time with Exhale Home, LLC, assisting for a minimal amount of time each week. Sanay also owns Pravasa Partners LLC, which in turn owns Pravasa Waxing LLC, where Sanay spends a minimal amount of time per week on administrative and financial tasks.
Employment History
Current Registrations
Purpose Wealth
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.