Patten and Patten, Inc.
Registered investment adviser · Chattanooga, TN · CRD #105414
Form ADV data as of 2026-09-01Regulatory assets
$2.21 billion
Total accounts
2,156
Employees
13
Disclosure events
0
Firm details
- Website: http://www.patteninc.com
- Telephone: 423.756.3480
- SEC file number: 801-11499
- Most recent Form ADV filing: 2026-03-16
- SEC record: View this firm on the SEC's IAPD site
Disciplinary disclosures
This firm answered No to every Item 11 disciplinary question on its most recent Form ADV filing.
Assets and accounts
| Provides continuous and regular supervisory or management services | Yes |
| Discretionary regulatory assets under management | $2.19 billion |
| Non-discretionary regulatory assets under management | $20.4 million |
| Total regulatory assets under management | $2.21 billion |
| Discretionary accounts | 2,154 |
| Non-discretionary accounts | 2 |
| Total accounts | 2,156 |
| Regulatory assets under management attributable to non-U.S. persons | $4.5 million |
People
| Total employees (excluding clerical) | 13 |
| Employees performing investment advisory functions (including research) | 3 |
| Employees who are registered representatives of a broker-dealer | 0 |
| Employees registered as investment adviser representatives with a state | 3 |
| Employees registered as IARs for another investment adviser | 0 |
| Employees who are licensed insurance agents | 0 |
| Firms or persons who solicit advisory clients on the firm's behalf | 1 |
Custody
| Has custody of client cash or bank accounts | Yes |
| Has custody of client securities | No |
| Client funds and securities held in the firm's custody | $693.3 million |
| Clients for whom the firm has custody | 356 |
| A related person has custody of client cash or bank accounts | No |
| A related person has custody of client securities | No |
| The firm acts as a qualified custodian | No |
| A related person acts as a qualified custodian | No |
| Number of persons acting as qualified custodians for the firm's clients | 2 |
How the firm is compensated
Advisory services offered
Reported conflicts of interest
Form ADV Items 8 asks advisers to disclose arrangements that may create a conflict with client interests. This firm answered Yes to:
- Buys or sells for itself securities it also recommends to clients
- Recommends brokers or dealers to clients
- Compensates a non-employee for client referrals
- Provides employee compensation specifically for obtaining clients
Client types
| Type of client | Clients | Assets |
|---|---|---|
| Individuals (other than high net worth individuals) | 245 | $96.7 million |
| High net worth individuals | 596 | $1.90 billion |
| Pension and profit sharing plans (not the participants or government plans) | 7 | $15.8 million |
| Charitable organizations | 24 | $127.0 million |
| State or municipal government entities (including government pension plans) | 1 | $29.4 million |
| Corporations or other businesses not listed above | 6 | $39.2 million |