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Phillip Plant

Springwater Advisors, LLC
53 Years of Experience
1 DisclosureBroker
View SEC Summary
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Phillip Plant is a registered investment advisor at Springwater Advisors, LLC, based in Corpus Christi, TX, with 53 years of industry experience. Phillip operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Business Owners, Estate Planning, Financial Planning & Coaching, High Net Worth, and 2 more. Their firm serves 43 clients with $110M in assets under management.

Springwater Advisors, LLC
Compensation
Fee-Only (% of Portfolio)Fixed/Hourly
Firm Size
2 advisors
Number of Clients
43 clients
Average Client Portfolio
$2.7M average
Assets Under Management
$114.5M

Fee Structure

Investment management only (planning not offered)

Springwater Advisors charges a percentage of the value of your portfolio each quarter. The exact percentage depends on the type of investments and the amount you have invested. These fees are taken out of your account quarterly.

For equity and balanced portfolios:

  • $1,000,001-$5,000,000: 1.00%
  • $5,000,001-$15,000,000: 0.75%
  • $15,000,001-$50,000,000: 0.50%

For fixed income - high income strategy portfolios:

  • $1,000,000-$5,000,000: 0.75%
  • $5,000,001-$15,000,000: 0.65%
  • $15,000,001-$50,000,000: 0.50%

For fixed income – conservative strategy portfolios:

  • $1,000,000-$15,000,000: 0.25%
  • $15,000,001-$50,000,000: 0.15%
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Location

800 North Shoreline Blvd., Suite 2200 South, Corpus Christi, TX, 78401

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History

Regulatory History (1)
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Financial
December 2016
Final
View Full SEC ReportHow to Read Disclosures
Other Business Activities

Phillip is involved in numerous investment-related activities, including roles as board member, co-trustee, managing partner, general partner, president, manager, and agent/solicitor for various entities. He spends minimal time on Wild Basin Investments and East Highpoint Investment Partners II LLC.

Employment History
Current Registrations
Springwater Advisors, LLC
April 2009 - Present · 17 yrs
Herndon Plant Oakley, LTD.Broker
August 1998 - Present · 27 yrs 8 mos
Herndon Plant Oakley LTD
July 1998 - Present · 27 yrs 9 mos
Previous Registrations
Dain Rauscher IncorporatedBroker
March 1998 - October 1998 · 7 mos
Dain Rauscher IncorporatedBroker
January 1998 - March 1998 · 2 mos
Rauscher Pierce Refsnes, INC.Broker
October 1985 - January 1998 · 12 yrs 3 mos
Rotan Mosle INC.Broker
October 1972 - October 1985 · 13 yrs
State Registrations27 states
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AdvisorBrokerBoth

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.