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Philip Bongiorno

Iams Wealth Management, LLC
40 Years of Experience
Stowe, VT
1 DisclosureSells Insurance
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Philip Bongiorno is a ChFC-designated registered investment advisor at Iams Wealth Management, LLC, based in Stowe, VT, with 40 years of industry experience. Philip operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Business Owners, Education Planning, Estate Planning, Financial Planning & Coaching, and 5 more. Their firm serves 1,633 clients with $400M in assets under management.

Iams Wealth Management, LLC
Compensation
Fee-Only (% of Portfolio)Fixed/Hourly
Firm Size
53 advisors
Number of Clients
1,633 clients
Average Client Portfolio
$243K average
Assets Under Management
$397.2M

Fee Structure

Minimum Investment:$25K
Investment management only (planning not offered)
Portfolio-Based Fees (Tiered)
Portfolio ValueAnnual Fee
Up to $500K1.85%
$500K - $1.0M1.70%
$1.0M - $2.0M1.55%
$2M+1.55%

Fees over $2,000,000 are negotiable. Representatives may also negotiate a flat percentage rate not to exceed 1.85%. Third-party model providers may cost an additional 0.00% to 0.35%, and an annual $100 technology fee applies per account.

Fee Estimator
Your Portfolio Value
$500K
$0$500K$1M$5M$20M
Estimated Annual Fee
—
View Full SEC Brochure

Location

Stowe, VT

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History

Regulatory History (1)
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Regulatory
October 2014
Final
View Full SEC ReportHow to Read Disclosures
Other Business ActivitiesSells Insurance

Philip owns and manages rental property in Enfield, NH since 1979, dedicating minimal time to it. He also works as an insurance agent since 1976, offering accident/health, disability, fixed/indexed annuities, and life insurance products, taking nearly full-time hours. Additionally, Philip is the owner and president of Policy Inspector Inc., an online search for lost insurance and annuity policies, spending a few hours per week.

Employment History
Current Registrations
Iams Wealth Management, LLC
April 2017 - Present · 9 yrs 6 mos
Previous Registrations
Regal Investment Advisors LLC
September 2014 - March 2017 · 2 yrs 6 mos
Lincoln Financial Securities Corporation
April 2010 - July 2011 · 1 yr 3 mos
Lincoln Financial Securities CorporationBroker
April 2010 - November 2011 · 1 yr 7 mos
New England Securities Corporation
April 2007 - April 2010 · 3 yrs
New England SecuritiesBroker
March 2007 - April 2010 · 3 yrs 1 mo
Esi Financial Advisors
March 2003 - March 2007 · 4 yrs
Equity Services, INC.Broker
February 2000 - March 2007 · 7 yrs 1 mo
Pruco Securities CorporationBroker
February 1983 - February 2000 · 17 yrs
The Prudential Insurance Company of AmericaBroker
January 1983 - December 1993 · 10 yrs 11 mos
State Registrations1 state
VT
Advisor

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.

Exams
No exam information available for this advisor.
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