Phillip Putney
Phillip Putney is a PFS-designated registered investment advisor at Afs Wealth Management, LLC, based in Farmington Hills, MI, with 15 years of industry experience. Phillip operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include High Net Worth, Investment Management. Their firm serves 167 clients with $110M 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 $500K | 1.55% |
| $500K - $1.0M | 1.35% |
| $1M+ | 1.15% |
Management fee is negotiable. Some sub-adviser fees are separate.
Fee Estimator
Location
22029 Farmington Rd, Farmington Hills, MI, 48336
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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
Phillip owns Advanced Financial Solutions, LLC for branding, AFS Tax Management, LLC for tax and financial planning (dedicating about 10-20% of his time), Farmington Bostwick, LLC for property management (dedicating a few hours per week), and sells fixed insurance. He is also the president of Putney & Associates, PC, a certified public accounting firm, but spends minimal time on this activity.
Employment History
Current Registrations
Afs Wealth Management, LLC
Previous Registrations
Brookstone Capital Management LLC
Horter Investment Management, LLC
Centaurus Financial, INC.
Questar Asset Management, INC.
State Registrations1 state
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