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Deriek Lance Patterson

Advisor at LPL Financial — Seminole, OK N. Milt Phillips

Updated today

Credentials

Series 63, Series 66

Experience

29 years

Location

Seminole, OK 74818

LPL Financial logo

LPL Financial

Institution

Total advisors

22,678

Across 10,420 offices

Clients per advisor

87 Typical

Avg AUM per client

$399,489 Typical

HNW client ratio

34% Very High

About

Deriek Patterson is a financial advisor at LPL Financial with 29 years of industry experience, including 25 years at LPL Financial. He holds the Series 63 and Series 66 designations. Outside of his advisory role, he is involved with First United Investment Services, a business that offers fixed annuities and life insurance contracts. LPL Financial is an SEC-registered investment adviser and broker-dealer serving individuals, retirement plans, banks, corporations, and charitable organizations through a national network of representatives. The firm provides financial planning, advisory programs, retirement plan consulting, and brokerage services, utilizing model portfolios and research from various sources.

Client services

Based on LPL Financial

Financial planning Portfolio management Educational seminars or workshops
Consulting and other non-discretionary advisory services

Expertise

Based on LPL Financial

College savings (529s, UTMA, etc.)

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Fee options

Fixed

Flat fees negotiated between IAR and client for financial planning and consulting services.

Commissions

Commissions and trail fees on brokerage product sales and for insurance products sold by IARs.

Project-based

Hourly fees up to $500 per hour for financial planning and consulting services.

Other

Fee-only: Negotiated flat or hourly fees ranging from $0 to $15,000 or up to $500 per hour for financial planning and consulting services.

Location

See office

Seminole, OK N. Milt Phillips

201 N. Milt Phillips

Seminole OK 74818

Advisors at this office

1

Most active in

Oklahoma · Texas

Work history

29 years of industry experience

LPL Financial

2001 - Present • 25 years

Ada, OK

Disclosures

Exclamation point means they have disclosures of this type. Check mark means no disclosures of this type were found.

Business activities & affiliations

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Russell B

Series 65

Shawnee, OK

Sowell Management

Russell Busler is a financial advisor at Sowell Management with over six years of professional experience. His background includes roles at the Department of Defense, Shawnee Public Schools, and the International Mission Board. He holds a Series 65 designation and has been with Sowell Management since 2026. Sowell Management is a fee-based registered investment adviser serving individuals, retirement plans, corporations, registered investment advisers, and institutions. The firm operates through a multi-branch independent-contractor model with over 100 advisors, providing investment management, financial planning, retirement-plan advisory, and consulting services, using a range of investment strategies and third-party platforms.

Retirement income strategy Income planning Retirement plans for business owners (SEP, solo 401k) Wealth management Founder/Business Owner
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William C

Series 65

Shawnee, OK

Sowell Management

William Craig is a financial advisor with Sowell Management and holds a Series 65 designation. He has one year of industry experience, with prior roles at Clinton Wealth, Family First Life, and several other companies since 2018. Craig is also involved in the sale of insurance products in a licensed capacity. Sowell Management is a fee-based registered investment adviser serving individuals, retirement plans, corporations, registered investment advisers, and institutions. The firm offers investment management, financial planning, retirement-plan advisory, and consulting services through a multi-branch independent-contractor model with over 100 advisors, utilizing a range of investment styles and third-party platforms.

Retirement income strategy Income planning Retirement plans for business owners (SEP, solo 401k) Wealth management Founder/Business Owner
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Larry G

Series 63, Series 65

Shawnee, OK

Sowell Management

Larry Gill is a financial advisor at Sowell Management with 47 years of industry experience. His career includes roles at Clinton Wealth Management, Private Advisor Group, and Cambridge Investment Research. Outside of advisory work, he serves as a board member of Shawnee Tubing Real Estate, a non-public entity. Sowell Management is a fee-based registered investment adviser serving individuals, retirement plans, corporations, RIAs, and institutions. The firm supports over 100 advisors through a multi-branch independent-contractor model and manages portfolios using mutual funds, ETFs, and individual securities across various investment styles.

Retirement income strategy Income planning Retirement plans for business owners (SEP, solo 401k) Wealth management Founder/Business Owner
user avatar

Bryan J

Series 63, Series 65

Holdenville, OK

LPL Enterprise

Bryan Johnson is a financial advisor with LPL Enterprise, holding Series 63 and Series 65 licenses and bringing 30 years of industry experience. He previously worked at Prudential Insurance Company of America and Pruco Securities, LLC, serving clients since 1996. Outside of his advisory role, he owns Rocky Mountain Solutions, LLC, a private investigations and financial services firm. LPL Enterprise serves a diverse client base including individuals, retirement plans, charitable organizations, corporations, and institutional clients, offering advisory and brokerage services supported by model portfolios, third-party asset management, and access to a broad range of financial products.

General retirement planning Tax-loss harvesting Self-Employed Founder/Business Owner

Christopher J

Series 66

Shawnee, OK

Edward Jones

Christopher Jones is a financial advisor at Edward Jones with 11 years of industry experience. He holds the Series 66 designation and has been with Edward Jones since 2014. Edward Jones is a full-service wealth management firm serving over four million individual and institutional clients, offering a range of advisory programs including discretionary and non-discretionary wrap fee strategies. The firm manages approximately $1.01 trillion in assets and operates through a nationwide network of more than 23,000 financial advisors and over 15,000 branch offices.

Wealth management Tax-loss harvesting Multi-generational wealth transfer Retired Founder/Business Owner Executive
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James K

Series 63, Series 65

Shawnee, OK

LPL Financial

James Kautz is a financial advisor with LPL Financial, holding Series 63 and Series 65 credentials and bringing 27 years of industry experience. He has been with LPL Financial, formerly LINSCO/PRIVATE LEDGER CORP., since 2004. LPL Financial is a national SEC-registered investment adviser and broker-dealer serving individuals, retirement plans, banks, corporations, and charitable organizations through a broad network of investment adviser representatives. The firm offers financial planning, advisory programs, retirement plan consulting, and brokerage services, utilizing both discretionary and non-discretionary management along with research from LPL Research and third-party subadvisors.

College savings (529s, UTMA, etc.)
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