Phillip Saunders is a registered investment advisor at Joss Brown Wealth Advisors, based in Newport News, VA, with 4 years of industry experience. Phillip operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Business Owners, Charitable Giving, Estate Planning, Federal Employees, and 6 more. Their firm serves 129 clients with $160M in assets under management.
Compensation
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Number of Clients
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Fee Structure
Joss Brown Wealth Advisors' investment management fees range from 0.25% to 1% of your investments annually, subject to a $5,000 minimum per year. The fee is calculated quarterly in advance. The exact fee depends on the amount you invest, the complexity of your situation, and the services you need. For clients using Betterment, JBWA may receive an additional 2% over the fee Betterment charges. Some high-net-worth clients may use separately managed accounts with Breckenridge or Dimensional Fund Advisors (DFA), which may incur additional fees up to 0.35% or between 0.29% and 0.5% per year, respectively.
Contact
Phillip Saunders
Location
751 Thimble Shoals Blvd, Suite C, Newport News, VA, 23606
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Regulatory History
No disclosures, customer disputes, or regulatory actions on file.
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Current Registrations
Joss Brown Wealth Advisors
Previous Registrations
Joss Brown Wealth Advisors, LLC
State Registrations1 state
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Exams
Additional Information
Phillip joined the Joss Brown team in June of 2021. He graduated Suma Cum Laude from Virginia Tech, where he studied Financial Planning with a minor in Spanish Language. It was there that Phillip chose this profession. Being analytical in nature, Phillip desired a career where he could challenge his mind and serve others. He took an interest in the fee-only financial planning sector, after hearing an invited class speaker in his introductory Finance class sophomore year. Phillip was drawn to the purposeful work of fiduciary financial advisors as he realized that finances affect every aspect of an individual’s life.