Sanay J. Patel

PURPOSE WEALTH

Longmont, CO

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CRD#: 4687039

Professional summary

Sanay J Patel, who also goes by Sanay Patel, is a registered financial advisor currently at PURPOSE WEALTH located in Longmont, Colorado.

Sanay is registered as an IAR (Investment Advisor Representative) and started their career in finance in 2003. Sanay has worked at 2 firms and has passed the Series 65 and Series 7 exams.

Question & Answer

Are you a "fiduciary"?

Yes

Aliases

Sanay Patel

Other business activities

Outside business activity is any business or activity undertaken by an advisor that is outside the scope of their relationship with their firm (e.g., consulting services, real estate, freelance work, teaching, etc.). Investors should stay informed about these activities to ensure no conflicts of interest.

I am employed part-time with Exhale Home, LLC where he assists for 1-2 hours a week. I am an owner of Pravasa Partners LLC. Pravasa Partners LLC owns Pravasa Waxing LLC. I spend approximately 2 hours a week performing basic administrative and financial tasks for Pravasa Waxing LLC. This company has two other owners that are responsible for the day-to-day operations.

Blog Corner

CRS (Client Relationship Summary) - RIA

Click below to view Sanay J Patel's CRS (Customer Relationship Summary).

Certified licenses

Advisors may have various certifications and credentials from different organizations. AdvisorCheck highlights these seven certifications - AIF®, CFP®, ChFC®, CFA, CLU®, CIMA®, CPWA®

None

Experience

Current

January 2, 2024 - Present

PURPOSE WEALTH

RIA

CRD#: 328934

Longmont, CO

Past

October 8, 2003 - February 6, 2004

NATIONAL BANK OF CANADA FINANCIAL INC.

CRD#: 22698

NEW YORK, NY

State Registrations and Notice Filings

Listed states reflect where the advisor is authorized to serve clients under state regulations.

IAR

means the advisor is registered as an Investment Advisor Representative in this state and is authorized to provide investment advice to clients there.

Highlighted states indicate IAR registrations

IAR

Colorado
(1/2/2024)

IAR

Texas
(1/30/2025)

Don't see your state listed? The advisor may still be able to work with you under the federal De Minimis Rule, which allows up to five investment advisory clients in a state without registration. Some states, like TX, LA, NE, and NH, may still require registration or notice filing. Contact the advisor or their firm to confirm their investment advisory availability in your state.

Exams

State Security Law Exam

IAR

Series 65

Date: 9/16/2023

Uniform Investment Adviser Law Examination

General Industry/Product Exam

Series 7

Date: 10/7/2003

General Securities Representative Examination

Current Firm

PURPOSE WEALTH

PURPOSE WEALTH | PURPOSE WEALTH LLC

CRD#: 328934 / SEC#:

Colorado

Registered Investment Advisory firm - (1/2/2024 Approved)

Texas

Registered Investment Advisory firm - (1/24/2025 Conditional Restricted)

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Contact information

Main Address

Longmont, CO

Mailing Address

Phone number

(303) 558-1011

Established

Firm type

Fiscal year end

# of Employees

Documents

Latest Form ADV

Regulatory assets under management

Total Number of Accounts	9
AUM (Assets Under Management)	$ 6,339,926

Red Flags

Disclosures can be potential red flags, including customer disputes, regulatory fines, employer terminations, bankruptcies, judgments, liens, or certain criminal activities.

Check for any disclosures as part of your thorough research when choosing an advisor.

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Sanay J. Patel

Professional summary

Question & Answer

Aliases

Other business activities

Blog Corner

CRS (Client Relationship Summary) - RIA

Click below to view Sanay J Patel's CRS (Customer Relationship Summary).

Certified licenses

Experience

PURPOSE WEALTH

NATIONAL BANK OF CANADA FINANCIAL INC.

State Registrations and Notice Filings

Exams

Series 65

Date: 9/16/2023

Series 7

Date: 10/7/2003

Current Firm

PURPOSE WEALTH

Contact information

Documents

Regulatory assets under management

Red Flags

Company Information

PURPOSE WEALTH

TRUST BUT VERIFY

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