Phillip Smelser
Phillip Smelser is a registered investment advisor at Cambridge Investment Research Advisors, INC., based in Burnsville, NC, with 29 years of industry experience. Their practice areas include Divorce Planning, Education Planning, Estate Planning, Financial Planning & Coaching, and 4 more. Their firm serves 323,031 clients with $100B in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Cambridge Investment Research Advisors (CIRA) offers investment management services through several platforms. Fees are based on a percentage of your portfolio's value and are negotiable. The maximum annual fee is 2.25%. Fees can be structured as flat, tiered, or breakpoint. You may also encounter setup fees and service fees. Fees are typically deducted directly from your account. CIRA also offers WealthPort, a wrap fee program with inclusive fees. The WealthPort maximum advisory fee is 2.25% annually.
Location
Burnsville, NC
Get directionsHistory
Regulatory History (2)
Customer Dispute
June 2020Customer Dispute
January 2019Other Business ActivitiesSells Insurance
Phillip is an advisory representative of a RIA, spending about 10-20% of his time trading. He also works as an independent insurance agent for various companies, dedicating a few hours per week, and teaches retirement classes a few hours per month. Additionally, Phillip is the treasurer for St. Thomas Episcopal Church, spending minimal time.
Employment History
Current Registrations
Cambridge Investment Research Advisors, INC.
Cambridge Investment Research, INC.Broker
Previous Registrations
Cambridge Investment Research Advisors, INC.
Aig Financial Advisors, INC.Broker
Householder Group, Estate & Retirement Specialists
Sunamerica Securities, INC.Broker
Suntrust Securities, INC.
Suntrust Securities, INC.Broker
Nationwide Advisory Services, INC.Broker
First Security Financial Advisors, INC.Broker
Executive Wealth Management Services, INC.Broker
Corporate Securities Group, INC.Broker
Franklin Financial Services CorporationBroker
State Registrations4 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.