Pat has over 35 years of experience in the financial services industry, beginning his early career as a broker raising funds for initial public offerings. His extensive experience in brokerage firms and the guidance of trusted mentors has given him a diverse knowledge of the markets, and he continues to extensively research market trends and individual companies to this day.
He is the senior managing partner of his team of eight hand-picked professionals at Towne Wealth Management. Each member of the team shares their unique skills and backgrounds to create an extremely high-quality foundation of service. With an emphasis on long-term financial planning, Pat and his team provide in-depth financial analysis to establish strategies that help sustain and grow wealth and income. Together they use their talents and expertise to create customized solutions for each family they serve.
Pat and Dan Carlile are members of the Towne Wealth Management team that was named to the 2023 edition of the Forbes list of Best in State Wealth Management Teams† and has been ranked numerous times, with the last being in 2019 as a Top Bank Advisor in Bank Investment Consultant Magazine*. He has qualified for the Raymond James Leader’s Council** every year between 2015 – 2021 and the Raymond James Chairman’s Council** in 2022.
† The 2023 Forbes ranking of America’s Top Wealth Management Teams Best-In-State, developed by SHOOK Research, is based on an algorithm of qualitative criteria, mostly gained through telephone and in-person due diligence interviews, and quantitative data. This ranking is based upon the period from 4/1/2021 to 3/31/2022 and was released on 01/12/2023. Advisor teams that are considered must have one advisor with a minimum of seven years of experience, have been in existence as a team for at least one year, have at least 5 team members, and have been nominated by their firm. The algorithm weights factors like revenue trends, assets under management, compliance records, industry experience and those that encompass best practices in their practices and approach to working with clients. Portfolio performance is not a criterion due to varying client objectives and lack of audited data. Out of approximately 8,000 team nominations, 2,860 advisor teams received the award based on thresholds. This ranking is not indicative of an advisor's future performance, is not an endorsement, and may not be representative of individual clients' experience. Neither Raymond James nor any of its Financial Advisors or RIA firms pay a fee in exchange for this award/rating. Raymond James is not affiliated with Forbes or Shook Research, LLC. Please see https://www.forbes.com/lists/wealth-management-teams-best-in-state/?sh=33bb3ae076f2 for more info.
* To compile the list, multiple variables were combined into one composite score. The six categories used are: 1) assets under management (AUM); 2) trailing-12-month production; 3) percentage increase in AUM from the previous year; 4) percentage increase in T-12 production; 5) amount of fee business; and 6) the ratio of production-per-AUM. (Note: 2018 AUM was defined as the amount an advisor had as of Aug. 31, 2018. Likewise, for T-12 production, the 12-month period ending Aug 31, 2018 was used.) The nominees were ranked by each of the six categories and then six different scores were calculated based on where they ranked. Those six scores were used to compile the final list. The ranking may not be representative of any one client’s experience, is not an endorsement, and is not indicative of future performance. Neither Raymond James nor any of its Financial Advisors pay a fee in exchange for this award/rating. BIC is not affiliated with Raymond James.
**Membership is based on prior fiscal year production. Requalification is required annually. The ranking may not be representative of any one client's experience, is not an endorsement, and is not indicative of advisor’s future performance. No fee is paid in exchange for this award/rating.