Springwater charges advisory fees based on a percentage of assets under management, fixed fees, or portfolio consulting fees. The advisory fees are calculated quarterly, in arrears, based on the average gross assets under management. Financial and estate planning and monitoring fees range from $1,000.00 to $20,000.00, either as a one-time fee or an annual assessment. Portfolio consulting fees are negotiated on a fixed fee basis, ranging from $20,000.00 to $80,000.00 annually. All fees are subject to negotiation.
800 North Shoreline Blvd., Suite 2200 South, Corpus Christi, TX, 78401
Get directionsPhillip is involved in numerous investment-related activities, including roles as board member, co-trustee, managing partner, general partner, president, manager, and agent/solicitor for various entities. He spends minimal time on Wild Basin Investments and East Highpoint Investment Partners II LLC.