Patten And Patten, Inc.

Patten and Patten, Inc. is an independent investment adviser established in 1976 by Z. Cartter Patten, III and W.A. Bryan Patten. The firm, registered with the SEC, had approximately $2.063 billion in Regulatory Assets Under Management as of December 31, 2024. The four principals, including Raymond V. Ryan, CFA, lead a team of portfolio managers with CFA and CAIA designations. Patten and Patten offers discretionary investment management services to various clients, focusing on strategic asset allocation tailored to individual objectives and risk tolerances. The firm specializes in managing large capitalization equity portfolios, balanced objectives, and fixed-income portfolios with low credit risk. They employ a "Top Down/Bottom Up" approach, emphasizing fundamental analysis and long-term growth. Patten and Patten charges management fees based on assets under management, with a standard fee schedule ranging from 0.375% to 0.750%. The firm does not charge performance-based fees and does not engage in speculative options trading. Clients must have a minimum of $500,000 to establish an individual account, with exceptions made at the discretion of the principals. Patten and Patten does not provide legal, tax, or accounting advice and encourages clients to vote their own proxies. The firm uses independent custodians and does not custody client accounts. Patten and Patten also engages in class action litigation claims monitoring on behalf of clients. Overall, the firm focuses on providing transparent, client-focused investment management services.