# Patriot Financial Manager, L.P.

> Patriot Financial Manager, L.P. is an SEC-registered investment advisory firm in Radnor, PA, registered since 2012, reporting $1 billion to $5 billion in regulatory assets under management in its Form ADV filing dated March 24, 2026.

- CRD: 159818
- Filed as: PATRIOT FINANCIAL MANAGER, L.P.
- Also doing business as: PATRIOT FINANCIAL ADVISORS, L.P. (RELYING ADVISER), PATRIOT FINANCIAL PARTNERS (DBA), PATRIOT FREEDOM ADVISORS, LLC (RELYING ADVISER)
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Radnor, PA
- Filing period: October 2026
- Form ADV filing dated: March 24, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/159818
- AdvisorCensus page: https://advisorcensus.com/firm/patriot-financial-manager-l-p-radnor-pa-159818

## Quick answers

**How is Patriot Financial Manager, L.P. compensated?**
On its Form ADV (Item 5.E, October 2026), Patriot Financial Manager, L.P. reports these compensation arrangements: a percentage of assets under its management; performance-based fees; other.

**How much does Patriot Financial Manager, L.P. charge?**
Its Form ADV Part 2A brochure dated March 24, 2026 states: Asset-based fee: 1.875% to 2% a year (a range, as the brochure states it). Fees can differ by service and may be negotiable; the brochure is the complete statement.

**Where is Patriot Financial Manager, L.P. located?**
Patriot Financial Manager, L.P.'s principal office is in Radnor, PA, according to its Form ADV.

**Is Patriot Financial Manager, L.P. registered with the SEC or a state?**
Patriot Financial Manager, L.P. is an SEC-registered investment advisory firm, registered since 2012. Status as filed: Approved. CRD 159818.

**How much does Patriot Financial Manager, L.P. manage?**
Patriot Financial Manager, L.P. reports $1,129,825,084 in regulatory assets under management in its Form ADV filing dated March 24, 2026 (100% discretionary).

**How have Patriot Financial Manager, L.P.'s assets and staff changed since 2021?**
In the Form ADV data for Patriot Financial Manager, L.P.: Regulatory assets under management: $718,980,592 in the October 2021 data and $1,129,825,084 in the October 2026 data, up 57%. Total employees: 17 in October 2021 and 16 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Patriot Financial Manager, L.P. serve?**
By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (5).

**Does Patriot Financial Manager, L.P. report any disciplinary disclosures?**
Reports no disclosure items on Form ADV Item 11. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/159818

**What changed in Patriot Financial Manager, L.P.'s recent Form ADV filings?**
In the April 2026 filing data: Employees performing advisory functions went from 15 to 14.

## From the Form ADV filing

### Compensation (Item 5.E)
- A percentage of assets under your management
- Performance-based fees
- Other

### Fees and minimums (Form ADV Part 2A brochure dated March 24, 2026)

- Asset-based fee: 1.875% to 2% a year (a range, as the brochure states it)

> Management Fees typically range from 1.875% to 2.00% and can be negotiated lower for certain investors based on the size of the investor’s commitment to the respective Fund.

As stated in the firm's brochure. Fees can differ by service and may be negotiable.

### Regulatory assets under management (Item 5.F)
- Total: $1,129,825,084
- Discretionary: $1,129,825,084
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Pooled investment vehicles (other than investment companies and business development companies) | 5 | $1,129,825,084 |

### Advisory services (Item 5.G)
- Portfolio management for pooled investment vehicles (other than investment companies)

### Firm details
- Registered since: 2012 (14 years)
- Employees: 16 total, 14 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: PA
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Websites listed on Form ADV (Item 1.I)
- [patriotfp.com](https://patriotfp.com)
- LinkedIn @patriot-financial-partners

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $718,980,592 | 17 | April 9, 2021 |
| October 2022 | $1,089,667,850 | 17 | June 14, 2022 |
| October 2023 | $1,106,806,822 | 18 | April 20, 2023 |
| October 2024 | $1,038,949,900 | 16 | September 12, 2024 |
| October 2025 | $1,093,075,027 | 17 | March 18, 2025 |
| October 2026 | $1,129,825,084 | 16 | March 24, 2026 |

Regulatory assets under management: $718,980,592 in the October 2021 data and $1,129,825,084 in the October 2026 data, up 57%.
Total employees: 17 in October 2021 and 16 in October 2026.

## Changes in the filing (last 12 months)

### April 2026
- Employees performing advisory functions went from 15 to 14.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Patriot Financial Manager, L.P. (CRD 159818): Form ADV filing data as of October 2026.