Description of Services and Fees
Patriot Investment Management Group, Inc. is a registered investment adviser based in Knoxville, TN.
We are organized as a corporation under the laws of the State of Tennessee. We have been providing
investment advisory services since 1998. Taylor Wortham and Brad Bower are the principal owners of
our firm. Currently, we offer the following investment advisory services, which are personalized to each
individual client:
• Portfolio Management Services
• Financial Planning Services
• Pension Consulting Services
• Selection of Other Advisers
The following paragraphs describe our services and fees. Please refer to the description of each
investment advisory service listed below for information on how we tailor our advisory services to your
individual needs. As used in this Brochure, the words "we", "our" and "us" refer to Patriot Investment
Management Group, Inc. and the words "you", "your" and "client" refer to you as either a client or
prospective client of our firm. Also, you may see the term Associated Person throughout this Brochure.
As used in this Brochure, our Associated Persons are our firm's officers, employees, and all individuals
providing investment advice on behalf of our firm.
Portfolio Management Services
We offer discretionary and non-discretionary portfolio management services. Our investment advice is
tailored to meet our clients' needs and investment objectives. If you retain our firm for portfolio
management services, we will meet with you to determine your investment objectives, risk tolerance,
and other relevant information (the "suitability information") at the beginning of our advisory
relationship. We will use the suitability information we gather to develop a strategy that enables our
firm to give you continuous and focused investment advice and/or to make investments on your behalf.
Once we construct an investment portfolio for you, we will monitor your portfolio's performance on an
ongoing basis, and will rebalance the portfolio as required by changes in market conditions and in your
financial circumstances.
If you participate in our discretionary portfolio management services, we require you to grant our firm
discretionary authority to manage your account. Discretionary authorization will allow our firm to
determine the specific securities, and the amount of securities, to be purchased or sold for your
account without your approval prior to each transaction. Discretionary authority is typically granted by
the investment advisory agreement you sign with our firm or trading authorization forms. In our sole
discretion, you negotiate the ability to limit our discretionary authority (for example, limiting the types of
securities that can be purchased for your account) by providing our firm with your restrictions and
guidelines in writing. If you enter into non-discretionary arrangements with our firm, we must obtain
your approval prior to executing any transactions on behalf of your account.
Financial Planning Services
We offer broad-based, modular, and consultative financial planning services. These financial planning
services typically involve a variety of advisory services to clients regarding the management of their
financial resources based upon an analysis of their individual needs. If you retain our firm for financial
planning services, we will meet with you to gather information about your financial circumstances and
objectives. Once we review and analyze the information you provide to our firm, we will deliver our
recommendations, which may include a written plan, designed to help you achieve your stated
financial goals and objectives.
We also offer ongoing, comprehensive financial planning services, which involves working one-on-one
with a planner over an extended period of time. By paying a monthly subscription, clients receive
ongoing access to a planner (investment adviser representative) who will work with them to design
their plan. The planner will monitor the plan, recommend any changes, and ensure the plan is updated
periodically. Upon desiring a comprehensive plan, a client will be taken through establishing their goals
and values around money. Clients will be required to provide information to help complete the
following areas of
analysis: net worth, cash flow, insurance, credit scores/reports, employee benefit,
retirement planning, insurance, investments, college planning, and estate planning. The plan will be
built and analyzed by the planner assigned to work with the client, and the findings, analysis, and
potential changes will be reviewed with the client. If a follow up meeting is required, the planner will
meet at the client's convenience. The plan will be monitored throughout the year and follow-up phone
and/or video calls and emails will be made to the client to confirm that any agreed upon action steps
have been carried out. On an annual basis there will be a full review of this plan to ensure its accuracy.
Any needed updates will be implemented at that time.
Financial planning recommendations are based on your financial situation at the time we present the
plan to you, and on the financial information you provide to our firm. You must promptly notify our firm
if your financial situation, goals, objectives, or needs change.
You are under no obligation to act on our financial planning recommendations. Should you choose to
act on any of our recommendations, you are not obligated to implement the financial plan through any
of our other investment advisory services. Moreover, you may act on our recommendations by placing
securities transactions with any brokerage firm.
Pension Consulting Services
We offer pension consulting services to employee benefit plans and their fiduciaries based upon the
needs of the plan and the services requested by the plan sponsor or named fiduciary. In general, these
services may include an existing plan review and analysis, plan-level advice regarding fund selection
and investment options, education services to plan participants, investment performance monitoring,
and/or ongoing consulting. These pension consulting services will generally be non-discretionary and
advisory in nature. The ultimate decision to act on behalf of the plan shall remain with the plan sponsor
or other named fiduciary.
We may also assist with participant enrollment meetings and provide investment-related educational
seminars to plan participants on such topics as: Diversification; Asset allocation; Risk tolerance; and
Time horizon. Our educational seminars may include other investment-related topics specific to the
particular plan. We may also provide additional types of pension consulting services to plans on an
individually negotiated basis. All services, whether discussed above or customized for the plan based
upon requirements from the plan fiduciaries (which may include additional plan-level or participant-
level services) shall be detailed in a written agreement and be consistent with the parameters set forth
in the plan documents. Our advisory fees for these customized services will be negotiated with the plan
sponsor or named fiduciary on a case-by-case basis.
Selection of Other Advisers
As part of our investment advisory services, we may recommend that you use the services of a third-
party asset manager ("TPAM") to manage your entire, or a portion of your, investment portfolio. After
gathering information about your financial situation and objectives, we may recommend that you
engage a specific TPAM or investment program. Factors that we take into consideration when making
our recommendation(s) include, but are not limited to, the following: the TPAM's performance, methods
of analysis, fees, your financial needs, investment goals, risk tolerance, and investment objectives. We
will periodically monitor the TPAM(s)' performance to ensure its management and investment style
remains aligned with your investment goals and objectives.
Types of Investments
We may advise you on any type of investment that we deem appropriate based on your stated goals
and objectives. We may also provide advice on any type of investment held in your portfolio at the
inception of our advisory relationship.
You may request that we refrain from investing in particular securities or certain types of securities.
You must provide these restrictions to our firm in writing.
Assets Under Management
As of December 31, 2023, we manage approximately $1,523,838,728 in client assets on a
discretionary basis and $5,473,668 in client assets on a non-discretionary basis.