Michael Patterson
Michael Patterson is a CFP-designated registered investment advisor at Osaic Wealth, INC., based in Portland, OR, with 19 years of industry experience. Michael operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Business Owners, Education Planning, Estate Planning, Investment Management, and 1 more. Their firm serves 574,829 clients with $200B in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Osaic Wealth offers investment management through several platforms, including Advisor Managed Portfolios, Unified Managed Accounts, and Signator Managed Account Platform. Fees are negotiable and based on a percentage of the assets in your account. The fees cover advisory services, custodial services, and in some cases, transaction costs. Mutual funds and ETFs within these accounts have their own internal fees. Some programs have wrap accounts where all costs are bundled into one fee.
Location
10220 SW Greenburg Rd., Suite 111, Portland, OR, 97223
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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
Michael sells insurance products, including long-term care insurance, term life, and fixed annuities, dedicating a few hours per week. He also owns Patterson Advisory, providing financial planning and advisory services, and Patterson Financial LLC, a tax entity for his financial practice, and works as an admin assistant for The Guidance Group. He spends nearly full-time on Patterson Financial LLC.
Employment History
Current Registrations
Osaic Wealth, INC.Broker
Osaic Wealth, INC.
Previous Registrations
Securities America Advisors, INC.
Securities America, INC.Broker
Sii Investments, INC.
Sii Investments, INC.Broker
Edward JonesBroker
State Registrations8 states
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