Philip Lee
Philip Lee is a registered investment advisor at Brookwood Investment Group, based in McAllen, TX, with 26 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 3,160 clients with $1.1B in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Brookwood Investment Group's investment management fee is negotiable, up to 2.50% annually, depending on factors like the amount of assets managed, portfolio complexity, and client needs. Fees can be charged using a flat, linear, or tiered percentage structure. Fees are calculated as a percentage of assets under management and assessed quarterly, either in advance or in arrears, as agreed upon. Cash positions are included when calculating the fee.
Location
McAllen, TX
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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.
Learn about disclosures →Other Business ActivitiesSells Insurance
Philip is a managing member of Ascension Financial Group LLC, a cost-sharing entity that owns real estate and receives shared commissions from insurance sales, dedicating minimal time. He is also an insurance agent and CPA, and a director/officer of DBL Tax Design LLC, spending about half his time to nearly full-time on the latter.
Employment History
Current Registrations
Brookwood Investment Group
Previous Registrations
Cas Wealth Strategies LLC
Prosperity Capital Advisors
Brookstone Capital Management LLC
Park Avenue Securities LLC
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.