The Patterson Capital Corporation (Los Angeles)

Name: The Patterson Capital Corporation
Address: 11100 Santa Monica Blvd, Los Angeles, CA, 90025
Telephone: 310-556-2496

The Patterson Capital Corporation is a large advisory firm based in Los Angeles. It manages $1.26 billion of regulatory assets for 15 client accounts. It has been registered with the SEC as an adviser since 2008 and has operated in the jurisdictions of California and Texas.

The Patterson Capital Corporation provides portfolio management for businesses and institutional clients. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

The Patterson Capital Corporation: assets under management

The assets under management (AUM) of The Patterson Capital Corporation is $1.26 billion, all of which is managed in discretionary accounts. The firm's AUM has gone down by -27% since the beginning of its operation, and $2.53 million of the total AUM is attributable to clients outside of the United States.

The firm manages $1.26 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $83.71 million each.

Investments

The firm invests in government bonds the most. They account for 63% of the total AUM. The second-largest asset type is investment grade corporate bonds, which make up 29% of the firm’s portfolio. Investments in other assets form 7% of the total invested assets.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay The Patterson Capital Corporation for their services and products based on a percentage of assets under management. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

Careers at The Patterson Capital Corporation

The company employs 9 people that are either part- or full-time employees. 44 percent of the employees work as investment advisers or researchers. 4 employees are registered as investment adviser representatives with the state securities authorities.

There isn’t anyone with the role of looking for and bringing in new clients on behalf of the firm. The firm doesn’t compensate employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Joseph Bohen Patterson	President, ceo	1 Oct 1977	75% - 100%	357935
Bernard Gerald Jarek	Controller	1 Feb 1985	Other	4346668
Jean Marie Clark	Senior v.p.	1 Jan 1988	Other	1777982
Helen Patricia Gates	Senior v.p.	1 Aug 1988	Other	1777985
Helen Patricia Gates	Chief compliance officer	1 Oct 2004	Other	1777985

Based in Los Angeles

The principal office where The Patterson Capital Corporation performs its advisory services is located at 11100 Santa Monica Blvd, Los Angeles, CA 90025, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 310-556-2496 or by fax 310-556-0654. The normal business hours are 7:00 am - 5:00 pm on Monday - Friday. You can find more information about the New York firm at pattersoncapital.com.