Phillip Mahoney
Phillip Mahoney is a CFP-designated registered investment advisor at Mariner Advisor Network, based in Reno, NV, with 33 years of industry experience. Phillip 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 16,313 clients with $8.5B in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Mariner Independent Advisor Network offers investment management services through its network of IARs. Fees are based on the value of your portfolio and are deducted from your account. There are two fee options:
- Transaction Based Fee Option (TBFO): You pay transaction charges and/or commissions at the time of each transaction in addition to investment advisory fees. The advisory fees range from 0.4% to 2.55% if you pay for transaction charges, or 0.4% to 2.75% if the IAR pays for all transaction charges.
- Asset Based Fee Option (ABFO): You are charged a single periodic fee for advisory services, transaction charges, brokerage, and related services based on the value of assets in your account. The appropriateness of this option depends on your investment objectives, financial situation, and the frequency of trading in your account.
Fees are negotiable and can vary based on the complexity of your situation, the scope of services provided, and the expertise of the IAR.
Location
10599 Double R Blvd, Reno, NV, 89521
Get directionsHistory
Regulatory History (2)
Customer Dispute
March 2019Customer Dispute
January 2016Other Business ActivitiesSells Insurance
Phillip operates Legacy Wealth Planning as a DBA for his LPL business and is an IAR for Legacy Wealth Planning, LLC and Mariner Independent Advisor Network, LLC, spending full-time on the latter. He also owns Phillip S. Mahoney, Inc. for commission accounting and CMMP LLC, which owns the building his firm works in; he may also assist clients with estate planning, which may involve selling insurance policies.
Employment History
Current Registrations
Mariner Advisor Network
LPL Financial LLC
LPL Financial LLCBroker
Previous Registrations
Legacy Wealth Planning, LLC
LPL Financial LLC
RBC Dain Rauscher INC.
RBC Dain Rauscher INC.Broker
Dain Rauscher IncorporatedBroker
A. G. Edwards & Sons, INC.Broker
Linsco/private Ledger CORP.Broker
Citicorp Securities Markets, INC.Broker
State Registrations28 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.