Eddie Patel provides portfolio management for individuals and small businesses and selecting other managers.
Eddie Patel reports 424 clients. They include 388 individual clients and 36 high-net-worth individuals. Of its assets, 100.0% ($161M across 1,065 accounts) are managed with discretion.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 92% | 53% |
| High-net-worth individuals | 8% | 47% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 388 | $85.8M | 53.4% | $221K |
| High-net-worth individuals | 36 | $74.9M | 46.6% | $2.08M |
| Total | 424 | $161M | 100% | $379K |
- Clients
- 388
- Regulatory AUM
- $85.8M
- AUM share
- 53.4%
- Avg. per client
- $221K
- Clients
- 36
- Regulatory AUM
- $74.9M
- AUM share
- 46.6%
- Avg. per client
- $2.08M
Total
- Clients
- 424
- Regulatory AUM
- $161M
- AUM share
- 100%
- Avg. per client
- $379K
- Clients outside the U.S.
- 0%
- Clients advised without assets under management last fiscal year
- 0
- Private funds advised
- 0
Eddie Patel is paid through a percentage of assets under management. The reviewed brochures do not disclose an asset-based fee rate. Read the SEC-filed brochure.
Eddie Patel owns 75% or more of Eddie Patel. The leadership team of Eddie Patel includes President Eddie Patel. It has 1 employee.
Staff
- 1 employee
- 1 in advisory functions
- 1 state-registered rep
- 1 insurance agent
- Owns 75% or more of Eddie Patel, Inc
Eddie Patel
Control person · since August 2008
Besides its headquarters, Eddie Patel has 0 offices, with 1 listed address in 1 state.
Illinois · 1 listed address
- 2257 W Irving Park RD, Ste 1, ChicagoHQ
Contact and registration details
- Legal name
- Eddie Patel, Inc
- Headquarters
- 2257 W Irving Park RD, Ste 1, Chicago, IL 60618
- Website
- eddiepatel.com
- Phone
- 773-248-1000
- SEC file
- 801-134594
- Structure
- Illinois corporation
- Fiscal year end
- December
Eddie Patel’s named custodian for separately managed accounts is Altruist ($127M). Eddie Patel does not have custody of client assets.
- AltruistAltruist Financial LLC · Dallas, TX · $127M100%
At year end, Eddie Patel’s separately managed accounts were mostly in stocks (85%). Its reported 13F holdings for the quarter ended 30 June 2026 total $167M across 127 positions; the largest are Invesco Qqq TR (4.9%), Micron Technology Inc. (4.6%) and Invesco Exch Traded FD TR II (4.1%).
What the accounts hold
- Stocks85%
- Funds5%
- Bonds4%
- U.S. government and agency bonds3%
- State and local bonds1%
- Cash3%
- Other3%
- Structured notes3%
How many clients does Eddie Patel have?
Eddie Patel has 424 clients and manages $161 million for them, as of February 2026. They include 388 individual clients and 36 high-net-worth individuals.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 20 February 2026
What services does Eddie Patel offer?
Eddie Patel provides portfolio management for individuals and small businesses and selecting other managers.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
Which custodians does Eddie Patel use?
Eddie Patel’s separately managed account assets are held at Altruist Financial LLC (Dallas, TX), with $127M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 20 February 2026
How many financial advisors does Eddie Patel have?
Eddie Patel has 1 investment adviser representative registered with state securities authorities, out of 1 employees, and 1 perform investment advisory functions. 0 employees are registered representatives of a broker-dealer and 1 employee is a licensed insurance agent.
Source: Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file
What does Eddie Patel invest in?
At the end of its last fiscal year, Eddie Patel’s separately managed accounts held 85% exchange-traded equities, 5% registered funds (mutual funds, ETFs, BDCs), 3% U.S. government and agency bonds, 3% cash and equivalents, 3% other and 1% state and local bonds. The 3% other category is described as: Structured Notes.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Eddie Patel?
Eddie Patel’s direct owner is Eddie Patel (75% or more).
Source: Form ADV Part 1A, Schedules A and B, filed 20 February 2026
How does Eddie Patel get paid?
Eddie Patel is paid through a percentage of assets under management. Its Form ADV lists no commissions or performance-based fees among how it is paid.
Source: Form ADV Part 1A, Item 5.E, from the SEC's 2 October 2026 data file
How do I contact Eddie Patel?
Eddie Patel’s main office is at 2257 W Irving Park RD, Ste 1, Chicago, IL 60618. Its phone number is 773-248-1000. Its website is eddiepatel.com.