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William Phillips

Ocean Park Asset Management, LLC
26 Years of Experience
South Haven, MI
View SEC Summary
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William Phillips is a registered investment advisor at Ocean Park Asset Management, LLC, based in South Haven, MI, with 26 years of industry experience. William operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include High Net Worth, Investment Management, Retirement Planning. Their firm serves 138 clients with $3.9B in assets under management.

Ocean Park Asset Management, LLC
Compensation
Fee-Only (% of Portfolio)
Firm Size
12 advisors
Number of Clients
138 clients
Average Client Portfolio
$28.5M average
Assets Under Management
$3.9B

Fee Structure

Minimum Investment:$100K
Investment management only (planning not offered)
Portfolio-Based Fees (Tiered)
Portfolio ValueAnnual Fee
Up to $500K2.40%
$500K - $2.0M1.80%
$2M+1.20%

Fees are assessed quarterly in advance. Rates shown are annualized. Fees may be negotiable based on account type, transaction activity, and total relationship size. Accounts holding affiliated funds receive a fee offset credit.

Fee Estimator
Your Portfolio Value
$500K
$0$500K$1M$5M$20M
Estimated Annual Fee
—
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Location

South Haven, MI

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History

Regulatory History
Clean regulatory record

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.

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Other Business Activities

William is a passive investor in Cabin Life, LLC, a rental property firm, since April 2022. He has no duties and spends no time on this non-investment related activity.

Employment History
Current Registrations
Ocean Park Asset Management, LLC
October 2024 - Present · 2 yrs
Previous Registrations
Sierra Investment Management, LLC
October 2015 - December 2024 · 9 yrs 2 mos
Northern Lights Distributors, LLCBroker
September 2015 - July 2025 · 9 yrs 10 mos
New York Life Investment Management LLC
February 2011 - September 2015 · 4 yrs 7 mos
New York Life Investment Management LLC
September 2009 - August 2010 · 11 mos
Nylife Distributors LLCBroker
December 2007 - September 2015 · 7 yrs 9 mos
Thornburg Securities CorporationBroker
January 2006 - December 2007 · 1 yr 11 mos
Raymond James Financial Services, INC.Broker
May 2005 - December 2005 · 7 mos
Afba Five Star Securities CompanyBroker
November 2002 - April 2005 · 2 yrs 5 mos
Raymond James & Associates, INC.
June 1999 - August 2002 · 3 yrs 2 mos
Raymond James & Associates, INC.Broker
May 1999 - August 2002 · 3 yrs 3 mos
State Registrations1 state
CA
Advisor

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.

Exams
No exam information available for this advisor.
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