Stephen Patterson: $848K Complaint Against Alden Advisor

A recent investor complaint against Southlake, Texas financial advisory Stephen Patterson (CRD# 7206447) alleges that his conduct resulted in six-figure damages. Financial Industry Regulatory Authority records show that he is registered as a broker with J. Alden Associates and an investment advisor with Alden Investment Group.

Mr. Patterson’s BrokerCheck report discloses one investor complaint. Filed in Filed in February 2026, it alleges that as a representative of J. Alden Associates, he breached contract in connection with investments in Key City funds “which ceased distributions and redemptions in accordance with the offering documents.” The pending complaint alleges damages of $848,504.

Alden Investment Group’s website includes a profile of Mr. Patterson that describes his background and experience as the firm’s Chief Client Officer. As it explains, he previously worked as a public administrator and board member for “a private operating foundation” and the County Economic Development Corporation. “His client relationship experience includes purchasing and refinancing municipal bonds and projects for public and county entities,” the profile states. It adds that as a financial advisor, he has developed “a successful practice” servicing individual investors as well as families.

According to the Financial Industry Regulatory Authority, Stephen Patterson holds four years of securities industry experience. Based in Southlake, Texas, he has been registered as a broker with J. Alden Associates and an investment advisor with Alden Investment Group since 2022. He was previously registered with Ameriprise Financial Services in Plano, Texas from 2020 until 2021. His credentials include the passage of three securities industry qualifying exams: the Securities Industry Essentials Examination, or SIE; the Uniform Combined State Law Examination, or Series 66; and the General Securities Representative Examination, or Series 7TO. He holds 53 state licenses. (Information current as of March 14, 2026.)

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