Philip Floyd is a CFP-designated registered investment advisor at Worth Asset Management, based in Dallas, TX, with 21 years of industry experience. Philip operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Estate Planning, High Net Worth, Insurance Planning, Investment Management, and 1 more. Their firm serves 333 clients with $290M in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Worth Asset Management's investment management fees are calculated as a percentage of the value of your account, either at a fixed annual rate or a floating annual rate, and are billed monthly.
Fixed Annual Rate:
- 0.80% to 1.5%
Floating Annual Rate:
- $0 - $250k: 1.25%
- $250k - $1m: 1%
- $1m - $2m: 0.90%
- $2m - $3m: 0.80%
- $3m - $4m: 0.70%
- $4m+: Dependent on services offered
There is a $300 minimum annual fee. Fees are negotiable based on factors such as the amount of assets being managed and the level of service.
Location
17855 Dallas Parkway, Suite 150, Dallas, TX, 75287
Get directionsHistory
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
Philip works as an independent insurance agent since 2007, marketing and selling traditional insurance products. This activity takes about 10-20% of his time.
Employment History
Current Registrations
Worth Asset Management
Previous Registrations
Retirement Planners of America
Bkd Wealth Advisors, LLC
Smith Anglin Financial, LLC
H.D. Vest Advisory Services, INC
State Registrations2 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.