Scott Phillips
Scott Phillips is a ChFC-designated registered investment advisor at Centaurus Financial, INC., based in Salt Lake City, UT, with 40 years of industry experience. Scott operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Business Owners, Estate Planning, Financial Planning & Coaching, High Net Worth, and 2 more. Their firm serves 38,049 clients with $7.3B in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Centaurus Financial's advisors manage client accounts through various programs, charging an annual fee based on the amount invested. Fees are negotiable and can be a flat percentage or tiered, where the rate decreases as the portfolio value increases. Additional charges may include transaction fees, custodial fees, and internal fund fees.
Maximum advisory fees:
- Alpha, Beta, ABJ, Omega, Delta: 2.25%
- AA & VL: 1.50%
- Adviser-Directed: 1.35%
- FlexUMA: 2.25%
Third-Party Money Managers (TPMMs) charge fees ranging from 1.00% to 3.00%.
Location
Salt Lake City, UT
Get directionsHistory
Regulatory History (6)
Customer Dispute
April 2024Customer Dispute
April 2024Customer Dispute
March 2024Customer Dispute
September 2001Employment Separation After Allegations
September 1999Regulatory
March 1998Other Business ActivitiesSells Insurance
Scott is involved in several outside business activities, including marketing deferred sales trusts, providing cash flow and business planning services, and advising on business risks and expenses through a network of professionals. He also provides outside insurance services, dedicating minimal time to this activity.
Employment History
Current Registrations
Centaurus Financial, INC.
Centaurus Financial, INC.Broker
Previous Registrations
W.H. Stuart Investment Advisory Corporation
Stuart Securities CORP.Broker
Ing Financial Partners, INC.Broker
Ing Financial Partners, INC
Locust Street Securities, INC.
Vestax Securities Corporation
Locust Street Securities, INC.Broker
Associated Securities CORP.Broker
Royal Alliance Associates, INC.Broker
The Lincoln National Life Insurance CompanyBroker
Lincoln Financial Advisors CorporationBroker
Lincoln National Pension Insurance CompanyBroker
Integrated Resources Equity CorporationBroker
State Registrations14 states
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.