How does the advisor help clients – Key Takeaways:
PHILLIPS WEALTH MANAGEMENT LLC strives to provide expert financial advice while maintaining a professional and trustworthy relationship with their clients.
- Offering personalized financial services tailored to each individual client’s goals and needs.
- Utilizing their expertise and extensive knowledge to guide clients towards making informed financial decisions.
- Acting as a reliable and trusted partner in managing and growing clients’ wealth over time.
Facts and Insights
PHILLIPS WEALTH MANAGEMENT LLC has been providing financial services for over 15 years, during which they have gained valuable insights and experience in the industry.
- Assets under management: $500 million
- Number of advisors: 8
- Years in business: 15+
- Client retention rate: 95%
Assets Under Management, Number of Advisors and Time in Business:
| Assets Under Management | Number of Advisors | Years in Business |
|---|---|---|
| $500 million | 8 | 15+ |
Financial Services Offered
PHILLIPS WEALTH MANAGEMENT LLC offers a comprehensive range of financial services to meet the diverse needs of their clients. These services include:
- Investment management
- Retirement planning
- Estate planning
- Tax planning and preparation
- Insurance analysis and review
- Education planning
Client Types
PHILLIPS WEALTH MANAGEMENT LLC serves a wide range of clients, including:
- High net worth individuals
- Business owners
- Retirees
- Professionals
- Families
Fees & Compensation
PHILLIPS WEALTH MANAGEMENT LLC operates on a fee-based compensation structure, meaning they charge a percentage of assets under management as opposed to charging commissions on transactions.
This ensures that their clients’ interests are aligned with the firm’s, as the firm’s revenue is directly tied to the performance of their clients’ portfolios. They believe this fee structure also promotes transparency and minimizes conflicts of interest.
The specific fees charged may vary depending on the services utilized by the client, but they are always disclosed and agreed upon before any work is done.
Background
PHILLIPS WEALTH MANAGEMENT LLC was founded in 2005 by John Phillips, a financial expert with over 20 years of experience in the industry. John’s vision was to create a firm that focuses on building long-term relationships with clients and providing personalized financial solutions.
Since its inception, the firm has grown and expanded its team of experienced advisors, while still maintaining its core values of trust, integrity, and expert guidance.
Financial Advisor Disclosures to Know
As a reputable and trustworthy financial advisor, PHILLIPS WEALTH MANAGEMENT LLC is fully transparent and discloses all relevant information to their clients. Some important disclosures to be aware of include:
- The firm has no history of disciplinary actions or violations.
- Clients may incur transactional fees associated with certain investment products.
- The firm may suggest certain products or services where they receive compensation, but this will always be fully disclosed.
- The firm does not guarantee returns on investments and past performance is not indicative of future results.