Phyllis Lancaster
Phyllis Lancaster is a CFP-designated registered investment advisor at Mission Wealth Management, LP, based in Greensboro, NC, with 18 years of industry experience. Phyllis operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Estate Planning, High Net Worth, Investment Management, Retirement Planning, and 1 more. Their firm serves 3,632 clients with $10B 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 $5.0M | 1.00% |
| $5.0M - $15.0M | 0.85% |
| $15.0M - $25.0M | 0.75% |
| $25M+ | 0.50% |
The total minimum annual fee is $10,000. MWM’s maximum annual cumulative Investment Management fee is 1.50%. Emerging Wealth clients that sign a MissionForward Agreement with MWM that have managed assets under $500,000 will be assessed a $425 flat fee per month. Once the Emerging Wealth client’s managed assets exceed $500,000, the Emerging Wealth client will revert to MWM’s standard Wealth Management fee schedule.
Fee Estimator
Location
3608 W. Friendly Ave., Suite 100, Greensboro, NC, 27410
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
Phyllis sells fixed insurance products including life, disability, annuities, and long-term care, dedicating a few hours per week. She also serves in an advisory role on the board of directors for Anders Group Inc., selling printed materials and promotional items, and is part owner of Triangle Cattle Company, a family livestock business, spending minimal time on each. Phyllis is also a Director-at-Large for Greensboro Estate Planning Council, a volunteer position.
Employment History
Current Registrations
Mission Wealth Management, LP
Previous Registrations
Cetera Advisor Networks LLC
Cetera Advisor Networks LLCBroker
Triad Financial Advisors, INC.
Royal Alliance Associates, INC.Broker
State Registrations1 state
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