Philip Richter is a registered investment advisor at Hollow Brook Wealth Management LLC, based in Katonah, NY, with 1 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, Financial Planning & Coaching, High Net Worth, Investment Management. Their firm serves 538 clients with $1.2B in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Hollow Brook manages investments in publicly-traded securities, charging a percentage of the assets managed. This fee typically ranges from 0.75% to 1.75% annually, and is negotiable. Clients also pay brokerage commissions and custodial fees. Fees are typically deducted from the client's account quarterly. Hollow Brook also invests in private funds and one-off special situation investments. For private funds, Hollow Brook generally charges a flat annual fee ranging from 0.75% to 1.15% of the assets allocated to these investments. For one-off special situation investments, Hollow Brook generally charges an incentive fee when the investment is exited, and may also charge a flat administrative services fee on an annual basis.
Location
152 Bedford Road, Katonah, NY, 10536
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Regulatory History
No disclosures, customer disputes, or regulatory actions on file.
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Philip jointly owns Coker Farm, a working horse farm, with his brother. He also sits on the boards of several organizations including Revs Institute, the Hampton Classic Horse Show, and the United States Equestrian Federation.
Employment History
Current Registrations
Hollow Brook Wealth Management LLC
State Registrations2 states
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