Patrick Mauro is the founder, President and Chief Executive Officer of Patrick Mauro Investment Advisor, Inc. Patrick Mauro has over fifty years of experience in investment finance. After receiving a BS in Finance from the University of Illinois (Chicago), he began his career as a stock broker for Merrill Lynch in 1968. In 1975, he purchased a membership on the Chicago Board Options Exchange (CBOE) and became an independent option market maker/floor trader for seven years. In 1982, he moved to the Midwest Stock Exchange and ran a trading floor operation for six years. In 1988, he joined the investment firm of Dean Witter, Discover & Co. where he managed accounts on a fully discretionary basis. In 1995, Patrick became a portfolio manager with a hedge fund, and then established his own firm, Patrick Mauro Investment Advisor, Inc. Patrick has appeared regularly as a guest analyst on the web-based financial network WebFN.com. He is often interviewed for the “Noon Business Hour” on WBBM News Radio 780, and has appeared on CLTV and has been interviewed by the business section of the Chicago Tribune. Patrick has been selected as a FIVE STAR Wealth Manager by Chicago magazine nine years in a row since 2012.
The Five Star Wealth Manager award is based on 10 objective criteria. Eligibility criteria – required: 1. Credentialed as a registered investment adviser or a registered investment adviser representative; 2. Actively licensed as a registered investment adviser or as a principal of a registered investment adviser firm for a minimum of 5 years; 3. Favorable regulatory and complaint history review (As defined by Five Star Professional, the wealth manager has not; A. Been subject to a regulatory action that resulted in a license being suspended or revoked, or payment of a fine; B. Had more than a total of three settled or pending complaints filed against them and/or a total of five settled, pending, dismissed or denied complaints with any regulatory authority or Five Star Professional’s consumer complaint process. Unfavorable feedback may have been discovered through a check of complaints registered with a regulatory authority or complaints registered through Five Star Professional’s consumer complaint process; feedback may not be representative of any one client’s experience; C. Individually contributed to a financial settlement of a customer complaint; D. Filed for personal bankruptcy within the past 11 years; E. Been terminated from a financial services firm within the past 11 years; F. Been convicted of a felony); 4. Fulfilled their firm review based on internal standards; 5. Accepting new clients. Evaluation criteria – considered: 6. One-year client retention rate; 7. Five-year client retention rate; 8. Non-institutional discretionary and/or non-discretionary client assets administered; 9. Number of client households served; 10. Education and professional designations. Wealth managers do not pay a fee to be considered or placed on the final list of Five Star Wealth Managers. Award does not evaluate quality of services provided to clients. Once awarded, wealth managers may purchase additional profile ad space or promotional products. The Five Star award is not indicative of the wealth manager’s future performance. Wealth managers may or may not use discretion in their practice and therefore may not manage their client’s assets. The inclusion of a wealth manager on the Five Star Wealth Manager list should not be construed as an endorsement of the wealth manager by Five Star Professional or this publication. Working with a Five Star Wealth Manager or any wealth manager is no guarantee as to future investment success, nor is there any guarantee that the selected wealth managers will be awarded this accomplishment by Five Star Professional in the future.
Daniel Mauro is a portfolio manager with Patrick Mauro Investment Advisor, Inc., and has been actively involved in the financial markets since the year 2000. Dan received his Bachelor of Science in Physics and Nuclear Engineering from the United States Military Academy at West Point in 1998, graduating with Honors. He served as an artillery officer in the United States Army from 1998 to 2002, serving in the Federal Republic of Germany. In 2002, Daniel joined Patrick Mauro Investment Advisor, Inc., and in 2005, received a Master of Science in Finance from the University of Illinois at Urbana-Champaign, where he also graduated with Honors. He has additional experience working with option trading firms at the Chicago Board Options Exchange (CBOE) and Chicago Mercantile Exchange (CME). Capitalizing on his math and science background, Dan specializes in quantitative investment techniques. In addition to managing investment portfolios, Daniel has traded extensively in stocks, commodities, futures, and options.
Anita joined Patrick Mauro Investment Advisor Inc. as its Chief Operating Officer in 2020, and is also its Chief Compliance Officer. Anita holds a Series 65 license and is also a member of the Illinois Bar. Up until she joined Patrick Mauro Investment Advisor, Inc., Anita was a partner at the law firm of Thompson Coburn LLP, concentrating on banking and commercial finance as well as real estate tax appeals, incentives and exemptions. Prior to becoming an attorney, she was an Assistant Vice President and Director of Marketing for First Bank of Highland Park. Anita is a graduate from the University of Wisconsin – Madison, received a graduate degree in retail banking from the BAI Graduate School of Retail Banking also at the University of Wisconsin-Madison, and obtained her law degree from Loyola University Chicago School of Law. In 2018, she was named a Notable Minority Lawyer by Crain’s Chicago Business, received a 2018 Animal Welfare Leadership Award from PAWS Chicago, and has been included in “Illinois Super Lawyers” Rising Stars list for Banking and Commercial Finance in 2009, 2011-2013, and 2015.
Henry runs the marketing of Patrick Mauro Investment Advisor, Inc. Like Patrick, Daniel, and Anita, Henry has successfully completed the Uniform Investment Advisor Law (Series 65) examination. He spent ten years on the floor of the Chicago Board Options Exchange (CBOE) as an independent market maker/floor trader. Henry earned a Masters of Music degree from Chicago Musical College of Roosevelt University in 1969. Henry continues to perform professionally and teach violin and viola on a part-time basis.