Beaty Haynes & Patterson Inc (Bethesda)

Beaty Haynes & Patterson Inc is a large advisory firm based in Bethesda. It manages $725 million of regulatory assets for 200 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of California, District of Columbia, Florida, and 4 other states.

Beaty Haynes & Patterson provides financial planning services, portfolio management for individuals and small businesses, and portfolio management for pooled investment vehicles. It prepares financial plans for more than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.

Beaty Haynes & Patterson: assets under management

The assets under management (AUM) of Beaty Haynes & Patterson Inc is $725 million. The firm's AUM has gone down by -21% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $600 million in discretionary accounts and $125 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $3.43 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $5 million.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Beaty Haynes & Patterson Inc for their services and products based on a percentage of assets under management and fixed fees. 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 Beaty Haynes & Patterson Inc

John Thurston Beaty has been acting as President since 1 Jan 1997. Raymond G Mcclure joined the executive team most recently as the Treasurer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
John Thurston Beaty	President	1 Jan 1997	50% - 75%	1796428
Walter Dunlop Haynes	Vice president	1 Jan 1997	Other	2440449
Donna Jean Patterson	Vice president	1 Jan 1997	Other	1556379
George Frost	Vice president	1 Jan 2001	Other	1074023
Raymond G Mcclure	Treasurer	1 Mar 2004	Other	854925
Connie A. Brown	Secretary	1 Mar 2004	Other	4776687

Based in Bethesda

The principal office where Beaty Haynes & Patterson Inc performs its advisory services is located at 7475 Wisconsin Avenue, Bethesda, MD 20814, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.