Fee-only adviser · Chattanooga, TN
Patten and Patten, Inc.
Patten and Patten, Inc. is a fee-only investment adviser registered with the U.S. Securities and Exchange Commission, with its main office in Chattanooga, Tennessee. On its latest Form ADV, filed March 16, 2026, it reports $2.2B in regulatory assets under management, 841 individual clients and 3 employees who give investment advice. It reports no commission compensation, is not registered as a broker-dealer and does not act as an insurance agent.
Key facts from Form ADV
| Registration | SEC-registered |
|---|---|
| Firm CRD number | 105414 · SEC file 801-11499 |
| Office | 555 Walnut Street Suite 280 Chattanooga, TN 37402 |
| Phone | (423) 756-3480 |
| Website | www.patteninc.com |
| Regulatory assets under management | $2.2B ($2.2B discretionary) |
| Individual clients | 245 non-high-net-worth, 596 high-net-worth |
| Financial planning clients | Not reported |
| How it charges | Percentage of assets, Fixed fee |
| Services | Portfolio management |
| Employees | 13 |
| Disciplinary disclosures | None reported |
| Latest Form ADV filing | March 16, 2026 |
Source: the firm’s Form ADV Part 1A as published by the SEC’s Investment Adviser Public Disclosure database, data as of November 6, 2026. Figures are self-reported by the firm.
What this means for you
- It offers hourly or fixed-fee arrangements, so you may be able to pay for a plan without handing over your investments.
- It also charges a percentage of assets managed for ongoing investment management.
- Most of its individual clients are high-net-worth, which on Form ADV means they meet the SEC’s qualified-client or qualified-purchaser test: broadly, more than $1 million managed by the adviser or a net worth above $2 million, with the thresholds indexed for inflation.
- It sponsors or manages a wrap fee program; ask what the bundled fee covers.
- It reports no disciplinary history on Form ADV.
Before you hire any adviser
Read the firm’s Form ADV Part 2 brochure on its SEC record: it sets out fees, minimums, conflicts of interest and who will manage your money. Ask whether the firm acts as a fiduciary for all of your accounts, how it is paid in total, and who holds your assets. Our guide to choosing a financial adviser lists the questions to ask.
Other fee-only advisers in Chattanooga
- HHM Wealth Advisors, LLC $1.5B
- Evergreen Advisors, LLC $523M
- The Patten Group, Inc. $725M
- Guardian Wealth Management, LLC $411M
- Wealth Preservation Advisors, LLC $592M
- Acumen Wealth Advisors, LLC $638M
See all 24 fee-only advisers in Chattanooga →
Nearby
- Lookout Mountain 1 firm
- Hixson 1 firm
- Signal Mountain 1 firm
- Dalton 1 firm
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