Philip Chao
Philip Chao is a CFP-designated registered investment advisor at World Investment Advisors, LLC, based in Cabin John, MD, with 36 years of industry experience. Philip operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Estate Planning, Financial Planning & Coaching, Investment Management, Retirement Planning, and 1 more. Their firm serves 17,488 clients with $56B in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
WIA Wealth charges a percentage of your portfolio each year. The exact percentage will be outlined in your agreement and will never exceed 3.00%. Fees may be negotiable. WIA IARs may also use a custodian other than Schwab or Fidelity, which will be made clear to the client prior to any accounts being opened.
Location
Cabin John, MD
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Regulatory History (1)
Regulatory
February 1997Other Business Activities
Philip owns a website to brand himself through podcasts, spending a few hours per week on this activity. He also provides directed trustee services to Health & Welfare Trusts through Independent Fiduciary Services, LLC, dedicating minimal time to this role.
Employment History
Current Registrations
World Investment Advisors, LLC
Nexus338
Previous Registrations
Experiential Wealth, INC.
Sunamerica Securities, INC.Broker
Mutual Service CorporationBroker
Penn Mutual Equity Services, INC.Broker
Chubb Securities CorporationBroker
Waddell & Reed, INC.Broker
Chubb Securities CorporationBroker
State Registrations1 state
You can work with an advisor not registered in your state. Most advisors can legally serve a small number of clients across state lines without registering.