{
  "crd_number": 319226,
  "slug": "phillips-wealth-planners-llc-starkville-ms-319226",
  "primary_business_name": "PHILLIPS WEALTH PLANNERS LLC",
  "legal_name": "PHILLIPS WEALTH PLANNERS LLC",
  "dbas": [],
  "city": "Starkville",
  "state": "MS",
  "country": "United States",
  "cbsa_code": "44260",
  "metro": null,
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "2022-07-21",
  "years_registered": 4,
  "period": "2026-10-01",
  "filing_date": "2026-03-04",
  "carried_forward": false,
  "raum_total": 340794278.0,
  "raum_discretionary": 332415229.0,
  "raum_non_discretionary": 8379049.0,
  "raum_band": "100m_500m",
  "raum_band_label": "$100 million to $500 million",
  "total_employees": 6,
  "advisory_employees": 2,
  "client_count_bucket": null,
  "clients_by_type": {
    "individuals": {
      "raum": 69235143.0,
      "count": 198
    },
    "pension_profit_sharing": {
      "raum": 12026524.0,
      "count": 9
    },
    "high_net_worth_individuals": {
      "raum": 259532611.0,
      "count": 114
    }
  },
  "compensation_types": [
    "fixed",
    "hourly",
    "percentage_of_aum"
  ],
  "advisory_activities": [
    "financial_planning",
    "pension_consulting",
    "portfolio_management_individuals",
    "selection_of_other_advisers"
  ],
  "wrap_fee_participant": false,
  "disclosure_yes_count": 0,
  "states_registered": [
    "AL",
    "FL",
    "GA",
    "LA",
    "MS",
    "TN",
    "TX"
  ],
  "websites": [
    "https://facebook.com/phillipswealthplanners",
    "https://phillipsfinancial.org",
    "https://phillipswealthplanners.com"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/319226",
  "city_as_filed": "STARKVILLE",
  "url": "https://advisorcensus.com/firm/phillips-wealth-planners-llc-starkville-ms-319226",
  "display_name": "Phillips Wealth Planners LLC",
  "summary": "Phillips Wealth Planners LLC is an SEC-registered investment advisory firm in Starkville, MS, registered since 2022, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated March 4, 2026.",
  "citation": "AdvisorCensus. Phillips Wealth Planners LLC (CRD 319226): Form ADV filing data as of October 2026.",
  "registration_type_label": "SEC-registered investment adviser",
  "compensation_labels": [
    "A percentage of assets under your management",
    "Hourly charges",
    "Fixed fees (other than subscription fees)"
  ],
  "advisory_activity_labels": [
    "Financial planning services",
    "Portfolio management for individuals and/or small businesses",
    "Pension consulting services",
    "Selection of other advisers (including private fund managers)"
  ],
  "quick_answers": [
    {
      "q": "How is Phillips Wealth Planners LLC compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), Phillips Wealth Planners LLC reports these compensation arrangements: a percentage of assets under its management; hourly charges; fixed fees (other than subscription fees)."
    },
    {
      "q": "How much does Phillips Wealth Planners LLC charge?",
      "a": "Its Form ADV Part 2A brochure dated March 4, 2026 states: Asset-based fee: 0.35% to 2% a year (a range, as the brochure states it). Fees can differ by service and may be negotiable; the brochure is the complete statement."
    },
    {
      "q": "Where is Phillips Wealth Planners LLC located?",
      "a": "Phillips Wealth Planners LLC's principal office is in Starkville, MS, according to its Form ADV."
    },
    {
      "q": "Is Phillips Wealth Planners LLC registered with the SEC or a state?",
      "a": "Phillips Wealth Planners LLC is an SEC-registered investment advisory firm, registered since 2022. Status as filed: Approved. CRD 319226."
    },
    {
      "q": "How much does Phillips Wealth Planners LLC manage?",
      "a": "Phillips Wealth Planners LLC reports $340,794,278 in regulatory assets under management in its Form ADV filing dated March 4, 2026 (98% discretionary)."
    },
    {
      "q": "How have Phillips Wealth Planners LLC's assets and staff changed since 2022?",
      "a": "In the Form ADV data for Phillips Wealth Planners LLC: Regulatory assets under management: $0 in the October 2022 data and $340,794,278 in the October 2026 data. Total employees: 7 in October 2022 and 6 in October 2026. Assets under management move with markets as well as with clients coming and going."
    },
    {
      "q": "What types of clients does Phillips Wealth Planners LLC serve?",
      "a": "By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (198); high net worth individuals (114); pension and profit sharing plans (but not the plan participants or government pension plans) (9)."
    },
    {
      "q": "Which custodians does Phillips Wealth Planners LLC use?",
      "a": "Phillips Wealth Planners LLC's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Raymond James & Associates, Inc. as a custodian holding 10% or more of its separately managed account assets."
    },
    {
      "q": "Does Phillips Wealth Planners LLC report any disciplinary disclosures?",
      "a": "Reports no disclosure items on Form ADV Item 11. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/319226"
    },
    {
      "q": "Does Phillips Wealth Planners LLC state an account minimum?",
      "a": "Its Form ADV Part 2A brochure dated March 4, 2026 says: \"Phillips Wealth generally does not impose a minimum size for establishing a relationship.\""
    },
    {
      "q": "What changed in Phillips Wealth Planners LLC's recent Form ADV filings?",
      "a": "In the April 2026 filing data: Regulatory assets under management went from $286,577,975 to $340,794,278 (+19%)."
    }
  ],
  "filing_history": [
    {
      "period": "2022-10-01",
      "regulatory_assets_under_management": 0.0,
      "total_employees": 7,
      "filing_date": "2022-09-19"
    },
    {
      "period": "2023-10-01",
      "regulatory_assets_under_management": 240000000.0,
      "total_employees": 8,
      "filing_date": "2023-09-21"
    },
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": 262000000.0,
      "total_employees": 7,
      "filing_date": "2024-06-18"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 286577975.0,
      "total_employees": 7,
      "filing_date": "2025-03-07"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 340794278.0,
      "total_employees": 6,
      "filing_date": "2026-03-04"
    }
  ],
  "recent_changes": [
    {
      "period": "2026-04-01",
      "period_label": "April 2026",
      "notes": [
        "Regulatory assets under management went from $286,577,975 to $340,794,278 (+19%)."
      ]
    }
  ],
  "fees_from_brochure": {
    "source": "Form ADV Part 2A brochure dated March 4, 2026",
    "provided_by_the_firm": false,
    "tiers": [],
    "flat_rate": null,
    "stated_range": "0.35% to 2% a year",
    "stated_maximum": null,
    "account_minimum": "None",
    "account_minimum_may_be_waived": false,
    "minimum_annual_fee": null,
    "planning_fees": [],
    "figures": [
      {
        "label": "Asset-based fee",
        "statements": [
          "Asset-based fee: 0.35% to 2% a year (a range, as the brochure states it)"
        ],
        "quotes": [
          "Fees range from 0.35% to 2.00% annually based on several factors, including: the scope and complexity of the services to be provided; the level of assets to be managed; and the overall relationship with the Advisor."
        ]
      },
      {
        "label": "Account minimum",
        "statements": [
          "Account minimum: None"
        ],
        "quotes": [
          "Phillips Wealth generally does not impose a minimum size for establishing a relationship."
        ]
      }
    ],
    "values": {
      "tiers": [],
      "range_pct": [
        0.35,
        2.0
      ],
      "max_pct": null,
      "account_minimum": 0.0,
      "minimum_annual_fee": null,
      "planning": []
    },
    "quotes": [
      "Fees range from 0.35% to 2.00% annually based on several factors, including: the scope and complexity of the services to be provided; the level of assets to be managed; and the overall relationship with the Advisor.",
      "Phillips Wealth generally does not impose a minimum size for establishing a relationship."
    ],
    "note": "As stated in the firm's brochure; fees can differ by service and may be negotiable."
  },
  "custodians": [
    {
      "name": "Raymond James & Associates, Inc.",
      "name_as_filed": "RAYMOND JAMES & ASSOCIATES, INC.",
      "affiliated": false
    }
  ],
  "custodians_note": "Custodians holding 10% or more of the firm's separately managed account assets, as filed on Form ADV (Schedule D, Section 5.K(3)). A custodian holds client assets; it does not endorse or supervise the firm. AdvisorCensus has no relationship with any custodian.",
  "markdown_url": "https://advisorcensus.com/firm/phillips-wealth-planners-llc-starkville-ms-319226.md",
  "clients": [
    {
      "type": "individuals",
      "label": "Individuals (other than high net worth individuals)",
      "count": 198,
      "fewer_than_5": false,
      "raum": 69235143.0
    },
    {
      "type": "high_net_worth_individuals",
      "label": "High net worth individuals",
      "count": 114,
      "fewer_than_5": false,
      "raum": 259532611.0
    },
    {
      "type": "pension_profit_sharing",
      "label": "Pension and profit sharing plans (but not the plan participants or government pension plans)",
      "count": 9,
      "fewer_than_5": false,
      "raum": 12026524.0
    }
  ],
  "disclosure_line": "Reports no disclosure items on Form ADV Item 11.",
  "disclosure_items": [],
  "indexable": true,
  "suppressed": false,
  "claimed": false,
  "enhanced": false,
  "provided_by_the_firm": null,
  "source": {
    "name": "Form ADV",
    "as_of": "2026-10-01",
    "iapd_url": "https://adviserinfo.sec.gov/firm/summary/319226",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}