Phillips Capital, LLC operating as OnlyFunds is an automated registered investment advisor that provides software-based portfolio management and investment advisory services through its website. Phillips Capital, LLC operating as OnlyFunds utilizes digital platforms like Betterment and Interactive Brokers to open accounts, fund them, execute trades, and provide client portals. The investment strategy is grounded in Modern Portfolio Theory, focusing on long-term, buy-and-hold investing using exchange-traded funds rather than short-term trading. Phillips Capital, LLC operating as OnlyFunds determines client risk tolerance through digital questionnaires and automatically constructs and rebalances diversified portfolios. The firm also offers tax-loss harvesting for taxable accounts to help lower tax liabilities. Phillips Capital, LLC operating as OnlyFunds is designed for individual retail investors looking for a digital, automated approach to investing without needing traditional human advisor meetings.
Fee Structure
Portfolio-Based Fees (Flat)
| Portfolio Value | Annual Fee |
|---|---|
| Any | 1.50% |
Phillips Capital, LLC operating as OnlyFunds charges an annual fee of no more than 1.5% of the net market value of the account, calculated and deducted monthly. Fees are negotiable at the firm's discretion.