DAVID B. PATSTON, CPA, CFA

Overview

David B. Patston, CPA, CFA operates a single-owner independent registered investment adviser that focuses on serving individual and family clients with a mix of financial planning and portfolio management. The firm offers discretionary portfolio management as its primary mandate but also manages non-discretionary relationships and provides selection-of-other-advisers services when clients need specialist managers. Fee arrangements are flexible—percentage of AUM, hourly billing and fixed fees are all used depending on the engagement. Portfolio construction shows a conservative tilt in aggregate holdings, with a large cash and cash-equivalents balance that supports liquidity and downside protection. At the same time, the firm acts as a capital allocator into third-party managers for alternative exposures, notably commodities and oil & gas, while using mutual funds for core equity and fixed-income exposures. The adviser does not position itself as an ESG-driven manager and is not a multi-state adviser for registration purposes.

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Investments & Alternatives

Location & Offices