With over 20 years as a financial advisor, Pat Latta's experience and knowledge make him a valuable resource for his clients. Pat specializes in developing personal wealth strategies for individuals in career transitions, typically for clients who will be retiring in the next 10 years or who are already retired.
As a former retirement plan advisor, Pat is experienced with employer benefits available to working professionals. Pat is the former plan administrator for Mission Hospital where he helped over 5,000 employees plan for their retirement.
Pat served as the financial advisor on United Services Credit Union's 401(k) plan where he worked with credit union executives and employees. He was a USCU board member for 5 years and was Board Chairman for 2 years. Pat also established and managed in-house brokerage services for USCU's members and has been a credit union member for over 20 years.
The Latta family has lived in the Asheville area for over 30 years.
Pat holds the following registrations, licenses and professional designations:
- Uniform Investment Adviser Law Examination (series 65) with ACT Advisors, LLC
- Uniform Securities State Law Examination (series 63) with LPL Financial
- Investment Company and Variable Contracts Products Representative Exam (series 6) with LPL Financial
- Long Term Care Licensed
- Life, Health, and Variable Annuity Insurance Agent.
-Such registration does not imply any specific level of skill or training.
At ACT Advisors, we provide independent, personalized, and ongoing professional investment advice. Our financial advisors can help you identify your goals, define the short- and long-term objectives to work towards them, and build a personalized investment plan tailored to your unique needs. As a Registered Investment Advisor (RIA), we are a fiduciary. This means that we put our clients before ourselves. When providing investment advice, our advisors have a fundamental obligation to act in the best interests of our clients.
Client Service Specialist
Gracie is responsible for account servicing and operations. She can assist you with new account establishment and maintenance, required minimum distributions, move money requests, and billing inquiries. She has worked in the financial service industry since acquiring her Accounting degree at AB Tech in Asheville in 2016. Prior to becoming part of the ACT Advisors team, she was a financial service & mortgage officer at the State Employees' Credit Union. She strives to provide exceptional customer service to ACT Advisors clients. Gracie lives in Asheville with her rescue cat Jerri. In her spare time she enjoys reading, cooking, and finding new trails to explore in Western North Carolina.
Wealth Planning Support Specialist
Paul has been in the financial industry for more than 17 years with over 13 years as a CERTIFIED FINANCIAL PLANNER™. As Wealth Planning Support Specialist, Paul works with advisors and clients to craft personal strategic financial plans. He assists clients with gathering financial data and setting goals as part of the financial planning process. He analyzes client information such as insurance policies, investment statements, tax returns, and estate documents to look for ways to help clients minimize risk and save money. Paul also supports the advisors in the ongoing monitoring and updating of financial plans through periodic plan reviews.
|Firm Start Year:||2008|
|No. of Employees:||10-19|
|Name of Custodial Firm:||LPL Financial, TD Ameritrade|
|States Licensed in:||NC, SC, VA|
|Number of Years with Current Firm:||7|
|Work Experience:||Pat has over 20 years of experience helping clients manage wealth and plan for their futures. He began in 2001 as a Registered Representative for a large national firm. In 2015, Pat joined ACT Advisors.|
|Work with the following types of clients:||Businesses, Individual Investors|
|Advisory Services Provided:||Investment Advice & Management, Financial Planning, Portfolio Management, Retirement Planning, 401K Rollovers, Financial Planning for Individuals, Risk Management, Wealth Management|
|Investment Types:||Bonds, Mutual Funds, Exchange Traded Funds (ETFs), Stocks, Annuities, Insurance|
|Can meet clients in the following ways:||Our Office, Phone, Your Office, Email, Video Conference|
Qualifications & Memberships
|Insurance and Annuity Licenses:||Health, Variable Annuity, Long Term Care, Life|
|Firm's Number of Clients:||566|
|Firm's Number of Planning Clients:||566|
|Firm's Number of Managed Clients:||566|
|Assets Managed by Firm:||$389,880,184|
|Advisor's Number of Clients:||102|
|Advisor's Number of Managed Clients:||80|
|Advisor's Number of Planning Clients:||80|
|Assets Managed by Advisor:||$50,000,000|
Compensation and Fees
|Minimum Portfolio Size for New Managed Accounts:||$500,000|
|Compensation Methods:||Based on Assets, Flat Fee|
|Minimum Fee Charged for Managed Accounts:||$500,000|
|BA Economics - Economics||University of North Carolina at Asheville
At ACT Advisors, we follow our planning process as we work with you to develop a retirement strategy that is right for you, your spouse and your family, and your goals at every stage of your life. After we implement your plan, we do everything in our power to keep you focused on where you want to go. We'll revisit your goals on a yearly basis to make sure you're on track to work toward them. If your goals have changed, we will update your investments to reflect those changes. We monitor and rebalance your portfolio to help keep it true to your needs and objectives.
Things change, sometimes dramatically, so ACT Advisors helps you anticipate and respond to changing market conditions. Once your plan has been implemented, we closely monitor your investment options and keep an eye on the world around you. We strive to preserve your wealth and protect your goals. With close monitoring of your portfolio against your investment objectives, we rebalance or reallocate funds to pursue only those courses of action most suited to your needs.
Why should I choose you as my financial advisor?
Pat is an independent financial advisor and fiduciary with ACT Advisors. He has a fundamental obligation to provide investment advice that is in his clients' best interests.
What services do you provide? What are your specialties?
Financial Planning, Investment Management, Risk Management
What financial institution(s) do you represent?
Pat is an independent financial advisor.
WiserAdvisor provides referrals to financial professionals. WiserAdvisor is not a current client of advisor or advisory services. Financial professionals pay cash compensation for these referrals, which creates the incentive for WiserAdvisor to make these referrals, resulting in a conflict of interest.
LPL ADV 2A
LPL WiserAdvisor Cash Solicitor Disclosure
ACT Advisors ADV 2Ahttps://act-advisors.com/wp-content/uploads/2022/04/ACT-ADV2A-Final-03.2022.pdf
ACT Advisors CRShttps://act-advisors.com/wp-content/uploads/2021/05/Form-CRS-Final-042021.pdf
ACT Advisors Cash Solicitor Disclosurehttps://act-advisors.com/wp-content/uploads/2022/06/wiseradvisor-act-solicitor-disclosure.pdf
Pat Latta ADV Part 2bhttps://act-advisors.com/wp-content/uploads/2021/06/ACT-ADV-2B-Final-062021-Patrick-Latta.pdf
Additional Detailed Disclosures
|Advisory services offered through ACT Advisors, LLC, a Registered Investment Adviser.
Mr. Latta is an Investment Advisor Representative of ACT Advisors. Additionally, Mr. Latta is a Registered Representative of LPL Financial, an unaffiliated company. This could create a conflict of interest. For more information on this conflict, please see our ADV2A at the link above.
Mr. Latta does not sell Life Insurance, Health Insurance or Variable Annuities in his capacity as an Investment Advisor Representative with ACT Advisors.
Investment Advisor Representative:
Compliance Disclosures in Last 5 years:
I have a clean record
Criminal Disclosures in Last 5 years:
I have a clean record
|Mon.||9:00 AM - 5:00 PM|
|Tue.||8:30 AM - 5:00 PM|
|Wed.||8:30 AM - 5:00 PM|
|Thu.||8:30 AM - 5:00 PM|
|Fri.||8:30 AM - 4:00 PM|
|Western North Carolina|