Philip Brooks
Philip Brooks is a registered investment advisor at Redwood Family Wealth LLC, based in Addison, TX, with 48 years of industry experience. Philip operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Financial Planning & Coaching, Investment Management. Their firm serves 234 clients with $220M 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 $50K | 1.50% |
| $50K - $100K | 1.15% |
| $100K - $250K | 1.00% |
| $250K - $1.0M | 0.85% |
| $1.0M - $2.5M | 0.75% |
| $2.5M - $5.0M | 0.50% |
| $5.0M - $10.0M | 0.35% |
| $10M+ | 0.20% |
At Redwood's discretion, they may combine the account values of family members living in the same household to determine the applicable advisory fee. The advisory fee is negotiable, depending on individual client circumstances.
Fee Estimator
Location
15455 Dallas Pkwy, Ste 1080B, Addison, TX, 75001
Get directionsHistory
Regulatory History (4)
Criminal
July 1992Regulatory
December 1991Customer Dispute
July 1991Employment Separation After Allegations
October 1990Other Business ActivitiesSells Insurance
Philip is a registered representative with Cabot Lodge Securities LLC, earning trailing annuity commissions, and a principal of PJB Investment Advisors LLC. These activities require minimal time.
Employment History
Current Registrations
Redwood Family Wealth LLC
Cabot Lodge Securities LLCBroker
Previous Registrations
Xo Wealth Management
Xo Wealth Management
Raymond James & Associates, INC.Broker
Raymond James & Associates, INC.
RBC Dain Rauscher INC.
RBC Dain Rauscher INC.Broker
Dain Rauscher IncorporatedBroker
Rauscher Pierce Refsnes, INC.Broker
Smith Barney, Harris Upham & CO., IncorporatedBroker
Merrill Lynch, Pierce, Fenner & Smith IncorporatedBroker
Merrill Lynch, Pierce, Fenner & Smith, INC.Broker
State Registrations3 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.