In an industry where efforts are being made to automate and disintermediate financial advising, largely through technology, there is risk of a loss of personal connection between the advisor and the client. Some clients want efficiency and low-touch approach to money management, but others value a service-oriented, personalized relationship.
“I try to avoid use of popular buzzwords like ‘holistic’, but high net worth families want that kind of approach. And in order to be comprehensive, it must include a philanthropic component.”
So Patten and Patten is always on the lookout for trustworthy, reliable solutions — and, in particular, for local partners. It is a way to close the distance between the client and giving opportunities, for the betterment of the Chattanooga community.