Philip Sessoms
Philip Sessoms is a ChFC-designated registered investment advisor at Mutual of Omaha Investor Services, INC., based in Glen Allen, VA, with 8 years of industry experience. Philip operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Business Owners, Education Planning, Estate Planning, Financial Planning & Coaching, and 2 more. Their firm serves 6,885 clients with $24M in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
MOIS offers investment management through third-party money managers and its own managed account services.
Third-Party Money Managers: Fees are a percentage of your portfolio, paid to the third-party manager, who then pays a portion to MOIS. MOIS's portion will not exceed 1.25%.
MOIS Managed Account Services: Fees are based on a percentage of your portfolio. The annual fee will not exceed 1.25% for Fund Strategist Portfolios (FSP), Separately Managed Accounts (SMA), or Unified Managed Accounts (UMA). The annual fee will not exceed 2.25% for Advisor as Portfolio Manager (APM) accounts. Fees are billed quarterly in advance.
Location
4870 Sadler Road, Ste 105, Glen Allen, VA, 23060
Get directionsHistory
Regulatory History (4)
Customer Dispute
July 2021Regulatory
October 1999Regulatory
July 1997Criminal
October 1984Other Business ActivitiesSells Insurance
Philip is an insurance agent since 2016, selling life, disability, long-term care, annuities, and group health insurance, spending full-time hours per week at Mutual of Omaha Insurance Company. He also participates in Mutual of Omaha's mortgage lead incentive program, dedicating minimal time, and operates Sessoms Consulting LLC for tax purposes, also known as Philip Sessoms Financial Services or Financial Phil.
Employment History
Current Registrations
Mutual of Omaha Investor Services, INC.Broker
Mutual of Omaha Investor Services, INC.
State Registrations10 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.