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 Investment Management. Their firm serves 195 clients with $4.9B 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 | 2.40% |
| $500K - $2.0M | Included |
| $2M+ | 1.20% |
Fees are negotiable. The blended rate for accounts between $500,000 and $2,000,000 is calculated as 2.4% on the first $500,000 and 1.8% on the portion exceeding $500,000. Accounts holding affiliated funds receive a fee offset credit.
Fee Estimator
Location
South Haven, MI
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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
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
Previous Registrations
Sierra Investment Management, LLC
Northern Lights Distributors, LLCBroker
New York Life Investment Management LLC
New York Life Investment Management LLC
Nylife Distributors LLCBroker
Thornburg Securities CorporationBroker
Raymond James Financial Services, INC.Broker
Afba Five Star Securities CompanyBroker
Raymond James & Associates, INC.
Raymond James & Associates, INC.Broker
State Registrations1 state
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.