Phillip Toews is a registered investment advisor at Toews Asset Management, based in New York, NY, with 37 years of industry experience. Phillip operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Investment Management. Their firm serves 154 clients with $950M in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Toews Asset Management offers investment management through the i-Vest and IRMS programs.
i-Vest Program: Fees range from 0.56% to 2.00% annually, including both Toews's fee (0.50%) and the Financial Intermediary's fee (0.06% - 1.50%). Toews may waive its fee if the allocation to Toews Funds is greater than or equal to 30%.
IRMS Program:
- Accounts less than $100,000: 2.30% annually (minimum annual fee of $1,150)
- Accounts from $100,000 to $1,999,999: Tiered fees ranging from 1.25% to 2.00% (minimum annual fee of $2,000)
- Accounts $2,000,000 and over: 1.00% annually (minimum annual fee of $20,000)
Location
900 Broadway, Suite 801, New York, NY, 10003
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Regulatory History
No disclosures, customer disputes, or regulatory actions on file.
Disclosures include customer complaints, regulatory actions, and other events that advisors must report to the SEC. A clean record means none have been reported.
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Phillip owns Zion Road LLC, a company that owns and leases a real estate building to Toews Corporation since 2015. He spends minimal time maintaining the property and paying bills.
Employment History
Current Registrations
Toews Asset Management
Previous Registrations
Northern Lights Distributors, LLCBroker
Foreside Fund Services, LLCBroker
Chubb Securities CorporationBroker
American Express Financial Advisors INC.Broker
State Registrations4 states
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