Richard Phillips is a registered investment advisor at Erisa Advisers, INC., based in Brentwood, TN, with 17 years of industry experience. Richard operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Investment Management, Retirement Planning. Their firm serves 118 clients with $200M in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
ERISA Advisers charges a fee based on the amount of assets they manage.
For qualified retirement plans, the fee is up to 0.50% of the account balance per year.
For individual clients (non-ERISA plans), the fee is a base fee of $1,200 plus 0.25% of the account balance per year.
These fees are negotiable at the discretion of the firm principal.
Location
215 Centerview Dr, Suite 110, Brentwood, TN, 37027
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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
Richard is the President, Consultant, and Majority Shareholder of ERISA Partners, Inc., a pension consulting and administration firm, since 1992. This investment-related activity may involve about half of Richard's time each month.
Employment History
Current Registrations
Erisa Advisers, INC.
Previous Registrations
Erisa Advisers, INC.
Dcm Financial Partners, LTD.
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.