Firm Information
Compensation
Fee-Only (AUM)Fixed/HourlyFirm Size
Compensation
Number of Advisors
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
AUM-Based Fees (Tiered)
| Assets Under Management | Annual Fee |
|---|---|
| Up to $2.0M | 1.00% |
| $2.0M - $4.0M | 0.80% |
| $4.0M - $5.0M | 0.70% |
| $5.0M - $10.0M | 0.60% |
| $10.0M - $20.0M | 0.40% |
| $20.0M - $30.0M | 0.30% |
| $30M+ | 0.30% |
Fees negotiable for accounts over $30,000,000.
Fee Estimator
The annual investment advisory fee is based on a percentage of assets under advisement. For example, a $2,000,000 portfolio would be charged 1.00% on the first $2,000,000 and 0.80% on the next $2,000,000. The minimum fee is $2000 per quarter. These fees are negotiable. Hourly fees for investment advisory services do not exceed $310/hour. Fees for financial advisory and financial planning services are also based on hourly rates not to exceed $310/hour, with an initial retainer of $2500 or more.
Areas of Practice
Advisor Information
Office location
309 Water Street, Suite 115, Boerne, TX, 78006
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Phillip Marron MillsRegulatory History
No disclosures, customer disputes, or regulatory actions on file.
Disclosures include customer complaints, regulatory actions, and other events that advisors must report to the SEC. A clean record means none have been reported.
Learn about disclosures →Other Business ActivitiesSells Insurance
Phillip is involved in several business activities, including content creation, holding financial designations (ChFC, ChFEBC, CLU), and serving as an Air Force Reservist. He is also a licensed insurance agent selling life, accident, and health insurance, dedicating a few hours per week to this.
Employment History
Current Registrations
Fairbanks Financial Wealth Management
Flying Forward Wealth Management
Previous Registrations
Invicta Financial Group
Sci, INC.
Northwestern Mutual Investment Services, LLC Broker
State Registrations1 state
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