Phillip Evans
Phillip Evans is a registered investment advisor at Sovereign Wealth Advisors LLC, based in Houston, TX, with 32 years of industry experience. Phillip operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Charitable Giving, Education Planning, Estate Planning, Financial Planning & Coaching, and 3 more. Their firm serves 1,392 clients with $610M in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Sovereign Wealth Advisors offers investment management through several programs. The fees vary depending on the program:
- Wrap Comprehensive and Comprehensive Portfolio Management: Maximum fee of 3.0% and 2.8% respectively.
- Optimum Market Portfolios Program (OMP) – LPL: 2.50%
- Personal Wealth Portfolios Program (PWP) – LPL: 2.50%
- Model Wealth Portfolios Program (MWP) – LPL: 2.50%
- Manager Access Select Program (MAS) – LPL: 3.00%
- Guided Wealth Portfolios (GWP) – LPL: 1.35%
- 55IP – Charles Schwab: 2.00%
Location
3120 Southwest Frwy, Suite 500, Houston, TX, 77098
Get directionsHistory
Regulatory History (1)
Customer Dispute
December 2008Other Business ActivitiesSells Insurance
Phillip operates Sovereign Investment Group LLC as a DBA for his LPL business since 2009. He also provides investment advisory services through Sovereign Wealth Advisors, LLC, spending about a quarter of his time on this activity since 2015. Phillip also has a non-variable insurance business since 2019, dedicating minimal time to it.
Employment History
Current Registrations
Sovereign Wealth Advisors LLC
LPL Financial LLC
LPL Financial LLCBroker
Previous Registrations
Sovereign Wealth Advisors LLC
LPL Financial LLC
Morgan Keegan & Company, INC.
Morgan Keegan & Company, INC.Broker
Axis Securities & Exchange, LLCBroker
Sanders Morris Mundy INC.Broker
Williams Mackay Jordan & CO., IncorporatedBroker
Pauli & Company, INCBroker
First American National Securities, INC.Broker
State Registrations6 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.