Patrick Fitzsimmons
Patrick Fitzsimmons is a registered investment advisor at Woodstock Wealth Management, INC., based in Erie, PA, with 37 years of industry experience. Patrick operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Education Planning, Estate Planning, Financial Planning & Coaching, Investment Management, and 1 more. Their firm serves 1,538 clients with $630M in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Woodstock Wealth Management (WWM) offers two investment management programs:
- Managed Account Program: Charges a flat annual percentage of the value of your portfolio, up to 2.50%. This fee is negotiable.
- Performance Fee Program: Charges 1% annually on the value of your portfolio, plus a performance fee of up to 20% of capital appreciation above the SPDR S&P 500 ETF Trust (SPY) benchmark. This performance fee is negotiable. Deposits can only be made on the anniversary date. Withdrawals during the year may require closing the account.
Both programs may also incur custodial fees and product fees.
Location
900 State Street, Erie, PA, 16501
Get directionsHistory
Regulatory History (7)
Customer Dispute
January 2011Customer Dispute
June 2010Customer Dispute
February 2010Customer Dispute
January 2009Customer Dispute
December 2008Customer Dispute
October 2006Customer Dispute
September 2002Other Business ActivitiesSells Insurance
Patrick is involved in several outside business activities. He is the VP of Ferncliff Enterprises LLC, doing business as Luggagedesigners.com, dedicating minimal time to strategic planning and business advice. Patrick also owns Fitzsimmons Financial Services LLC, operating a branch office for Woodstock Wealth Management, dedicating minimal time to paying branch expenses, and as a sole proprietor, he spends minimal time offering and selling non-securities insurance.
Employment History
Current Registrations
Woodstock Wealth Management, INC.
Previous Registrations
Woodstock Financial Group, INC.Broker
Ifs SecuritiesBroker
Ifs SecuritiesBroker
Ifs Advisory, LLC
Ifs SecuritiesBroker
Merrill Lynch, Pierce, Fenner & Smith Incorporated
Merrill Lynch, Pierce, Fenner & Smith IncorporatedBroker
Ameriprise Financial Services, INC.
Ameriprise Financial Services, INC.Broker
Ids Life Insurance CompanyBroker
Gkn Securities CORP.Broker
Chatfield Dean & CO., INC.Broker
Pruco Securities CorporationBroker
The Prudential Insurance Company of AmericaBroker
State Registrations2 states
You can work with an advisor not registered in your state. Most advisors can legally serve a small number of clients across state lines without registering.