Philip Shaffer is a registered investment advisor at Oneascent Family Offices, based in Birmingham, AL, with 45 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, and 1 more. Their firm serves 78 clients with $540M in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
OneAscent Family Office offers investment management as part of its services. Here's how the fees work:
- Unified Managed Accounts (UMA): Fees range from 0.50% to 2.00% per year of the market value of your assets in the UMA. This is in addition to separate fees charged by the Overlay Managers (Adhesion and GeoWealth) and third-party managers.
- Non-UMA Clients: Fees range from 0.50% to 2.00% per year of the market value of assets managed. In some cases, a flat fee between $1,000 and $100,000 per year may be charged.
- Held Away Accounts: Fees range from 0.50% to 2.00% per year of the market value of assets managed. In some cases, a flat fee may be charged. Pontera also charges a separate fee.
- Fee-Based Annuities and Insurance: Fees range from 0.50% to 2.00% per year of the market value of assets managed. In some cases, a flat fee may be charged. The third-party platform also charges a separate fee.
Fees are negotiable and depend on factors like account size and complexity.
Location
23 Inverness Center Parkway, Birmingham, AL, 35242
Get directionsHistory
Regulatory History (3)
Customer Dispute
January 1996Customer Dispute
June 1993Employment Separation After Allegations
November 1986Employment History
Current Registrations
Oneascent Family Offices
Previous Registrations
Hamilton Capital
Halite Partners, LLC
Morgan StanleyBroker
Morgan Stanley
Citigroup Global Markets INC.
Citigroup Global Markets INC.Broker
Lehman Brothers INC.Broker
Painewebber IncorporatedBroker
E. F. Hutton & Company INCBroker
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.