Daniel Phillips is a CFP-designated registered investment advisor at Michels Family Financial, LLC, based in Fort Worth, TX, with 35 years of industry experience. Daniel operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Estate Planning, Financial Planning & Coaching, High Net Worth, Insurance Planning, and 3 more. Their firm serves 410 clients with $350M 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 $250K | 1.35% |
| $250K - $500K | 1.30% |
| $500K - $1.0M | 1.25% |
| $1.0M - $2.5M | 1.00% |
| $2.5M - $5.0M | 0.80% |
| $5.0M - $10.0M | 0.60% |
| $10M+ | 0.50% |
Advisory fees are negotiable. Clients may also opt for a fixed fee rate.
Fee Estimator
Location
6000 Western Place, Suite 380, Fort Worth, TX, 76107
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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 Activities
Daniel owns commercial rental property since 2008 and DHP & Associates since 2024. Both activities require minimal time.
Employment History
Current Registrations
Michels Family Financial, LLC
Previous Registrations
Prospera Financial Services, INC.
Prospera Financial Services, INC.Broker
Edward Jones
Edward JonesBroker
State Registrations1 state
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