Phillip Plant is a registered investment advisor at Springwater Advisors, LLC, based in Corpus Christi, TX, with 53 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, Estate Planning, Financial Planning & Coaching, High Net Worth, and 2 more. Their firm serves 43 clients with $110M in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Springwater Advisors charges a percentage of the value of your portfolio each quarter. The exact percentage depends on the type of investments and the amount you have invested. These fees are taken out of your account quarterly.
For equity and balanced portfolios:
- $1,000,001-$5,000,000: 1.00%
- $5,000,001-$15,000,000: 0.75%
- $15,000,001-$50,000,000: 0.50%
For fixed income - high income strategy portfolios:
- $1,000,000-$5,000,000: 0.75%
- $5,000,001-$15,000,000: 0.65%
- $15,000,001-$50,000,000: 0.50%
For fixed income – conservative strategy portfolios:
- $1,000,000-$15,000,000: 0.25%
- $15,000,001-$50,000,000: 0.15%
Location
800 North Shoreline Blvd., Suite 2200 South, Corpus Christi, TX, 78401
Get directionsHistory
Regulatory History (1)
Financial
December 2016Other Business Activities
Phillip 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.
Employment History
Current Registrations
Springwater Advisors, LLC
Herndon Plant Oakley, LTD.Broker
Herndon Plant Oakley LTD
Previous Registrations
Dain Rauscher IncorporatedBroker
Dain Rauscher IncorporatedBroker
Rauscher Pierce Refsnes, INC.Broker
Rotan Mosle INC.Broker
State Registrations27 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.