Philip Spencer
Philip Spencer is a registered investment advisor at Family Investment Management L.P., based in Carlsbad, CA, with 37 years of industry experience. Philip operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Financial Planning & Coaching, Investment Management. Their firm serves 91 clients with $28M in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Portfolio-Based Fees (Tiered)
| Portfolio Value | Annual Fee |
|---|---|
| Up to $2.0M | 2.50% |
| $2.0M - $3.0M | 2.25% |
| $3.0M - $4.0M | 2.00% |
| $4.0M - $5.0M | 1.75% |
| $5.0M - $6.0M | 1.50% |
| $6M+ | 1.50% |
Fees are negotiable for accounts over $6,000,000.
Fee Estimator
Location
Carlsbad, CA
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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 associated with Family Investment Management, LP as a non-variable insurance DBA since 2012. He is also a registered investment advisor hybrid, offering hourly or fixed fee planning services, dedicating about 10-20% of his time to this role.
Employment History
Current Registrations
Family Investment Management L.P.
LPL Financial LLCBroker
Previous Registrations
LPL Financial LLC
UBS Financial Services INC.
UBS Financial Services INC.Broker
Prudential Securities IncorporatedBroker
Merrill Lynch, Pierce, Fenner & Smith IncorporatedBroker
Smith Barney Shearson INC.Broker
Lehman Brothers INC.Broker
Dean Witter Reynolds INC.Broker
State Registrations22 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.