Patrick Financial Group Llc.

Patrick Financial Group, LLC is an investment advisory firm based in Brighton, Michigan, specializing in providing services to individuals, high net worth individuals, charitable organizations, foundations, trusts, and estates. The firm was established in 2002 and is led by President John B. Pelon. They offer a comprehensive fact-finding process to tailor investment strategies based on client objectives and risk tolerances. Clients meet with the firm to determine priorities and preferences, with subsequent meetings focusing on defining investment objectives and risk tolerance. The firm manages advisory accounts on a discretionary basis, primarily allocating assets among no-load mutual funds and Exchange Traded Funds (ETFs). Clients have the option to express restrictions on a case-by-case basis. The firm emphasizes proper allocation, diversification, and risk management, with portfolios ranging from conservative to aggressive based on client needs. Patrick Financial Group acts as a fiduciary, providing investment advice in the best interest of clients. The firm charges an annual percentage fee based on assets under management, with fees varying based on account size and complexity. They do not charge performance-based fees or engage in side-by-side management. The firm does not have any disciplinary information to report and does not receive referral fees. Clients must have a minimum initial account value of $50,000, with discretion over investment decisions granted to the firm. Clients are responsible for monitoring their accounts, and the firm does not vote proxies on their behalf. The firm does not have custody of client funds and securities, which are held at a qualified custodian. Clients receive account statements directly from the custodian at least quarterly.