Patrick Chitwood
Patrick Chitwood is a ChFC-designated registered investment advisor at Arkadios Wealth Advisors, based in Waterford, VA, with 46 years of industry experience. Patrick operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Financial Planning & Coaching, Investment Management, Retirement Planning. Their firm serves 12,091 clients with $3.9B in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Portfolio-Based Fees (Tiered)
| Portfolio Value | Annual Fee |
|---|---|
| Up to $250K | 2.00% |
| $250K - $500K | 1.75% |
| $500K+ | 1.50% |
Existing clients may have different fee schedules based on agreements prior to March 2021. Clients at NFS will be charged a minimum fee of $10.42 monthly. Fees may be negotiable.
Fee Estimator
Location
Waterford, VA
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Regulatory History (1)
Customer Dispute
March 2022Other Business Activities
Patrick is the owner of Chitwood Advisory Group, a wealth management firm, since 2001. He is also the owner/advisor of Chitwood Wealth Management since 2021; both activities take about 10-20% of Patrick's time.
Employment History
Current Registrations
Arkadios Wealth Advisors
Previous Registrations
Osaic Wealth, INC.Broker
Osaic Advisory Services, LLC
Triad Advisors LLCBroker
Arkadios CapitalBroker
Triad Advisors, INC.Broker
Acg Wealth INC.
Chitwood Advisory Group
Chitwood-Lindberg Wealth Management
Proequities, INC.Broker
Triad Advisors, INC.Broker
Chitwood Advisory Group
Royal Alliance Associates, INC.Broker
Integrated Resources Equity CorporationBroker
The Robinson-Humphrey Company INC.Broker
Wheat, First Securities, INC.Broker
Robinson-Humphrey/american Express INC.Broker
Shearson Lehman Brothers INC.Broker
Paine, Webber, Jackson & Curtis INC.Broker
Paine, Webber, Jackson & Curtis IncorporatedBroker
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.