Phillips Financial Management, Llc
SEC-registered
Wealth Manager · Mid-sized ($1B–$10B)
CRD 131344
· SEC file 801-63343
· Fort Wayne, IN
· www.linkedin.com
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ADV data as of Mar 17, 2026
- Regulatory AUM
- $2.6B
- Discretionary
- $2.3B
- Clients
- 991
- Avg AUM / client
- $2.7M
- Accounts
- 3,264
- Employees
- 32
AUM over time
$451M
$2.6B
Dec 2011
Dec 2025
Annual snapshots from Form ADV filings · as of Mar 17, 2026
Who they serve
| Client type | Clients | AUM | % of AUM |
|---|---|---|---|
| Individuals (non-high net worth) | 472 | $195M | 7.4% |
| High net worth individuals | 416 | $1.5B | 57.1% |
| Pension and profit sharing plans | 63 | $553M | 21.0% |
| Charitable organizations | 10 | $305M | 11.6% |
| Other investment advisers | 25 | $73.2M | 2.78% |
| Corporations and other businesses | 5 | $5.2M | 0.2% |
Retirement plan clients
Plans that reported this firm as an investment service provider on Form 5500 Schedule C.
People (18)
roster as of Jul 20, 2026| Name | Role / title | Credentials | With firm since | Ownership |
|---|---|---|---|---|
| Chad Lee Burch | Managing Member | CFP Chartered Financial Consultant | Jul 2004 (22y) | 5% – 10% |
| Richard Lynn Phillips | Managing Member | CFP | Jul 2004 (22y) | 25% – 50% |
| Shannon H Hardiek | Managing Member | Jul 2004 (22y) | 10% – 25% | |
| Erin Elizabeth Martin | Managing Member | Jan 2007 (20y) | Less than 5% | |
| Herold, Jeanine, Marie | Managing Member | Jan 2008 (19y) | 5% – 10% | |
| Ben Jason Langel | Managing Member | CFP | Jan 2015 (12y) | 10% – 25% |
| Andrew William Parker | Member | CFP CFA | Feb 2022 (4y) | GP / trustee / elected manager of Aaklb Llc (indirect) |
| Riley William Reimschisel | Member | CFP | Feb 2022 (4y) | GP / trustee / elected manager of Aaklb Llc (indirect) |
| Gerber, Brant, W | Chief Compliance Officer And Chief Operating Officer | Sep 2023 (3y) | Less than 5% | |
| Benjamin Adam Batt | Registered representative | Aug 2017 (9y) | ||
| Jennifer Anne Macaleese | Registered representative | CFP | Nov 2017 (9y) | |
| David Michael Hamel | Registered representative | CFP | Jan 2020 (7y) | |
| Duncan Bowie | Registered representative | CFP | Apr 2024 (2y) | |
| Abhi Hemant Jinwala | Registered representative | Dec 2024 (2y) | ||
| Hunter Christian Terrell | Registered representative | Jan 2025 (2y) | ||
| Marisa Beth Meadows | Registered representative | Apr 2025 (1y) | ||
| Mc Kenna Elizabeth Clifford | Registered representative | Jun 2025 (1y) | ||
| Brendan Michael Ryan | Registered representative | Apr 2026 (0y) |
Entity owners (Schedule A/B)
| Entity | Title / status | Since | Sch. | Ownership |
|---|---|---|---|---|
| Aaklb Llc | Managing Member | Jan 2024 | A | 10% – 25% |
Undisclosed: 0% – 35% of the firm is not attributable from the filed Schedule A bands.
Roster from the IAPD representatives feed; ownership and acquisition dates from Form ADV Schedule A/B. "Since" is the earliest filed registration or acquisition date.
Retirement plans served (12)
| Plan | Sponsor | Participants | Plan assets | As of |
|---|---|---|---|---|
| Petroleum Traders Corporation 401(k) Salary Reduction Plan And Trust | Petroleum Traders Corporation | 103 | $13.0M | 07/01/2024 |
| Micropulse, Inc. 401(k) Plan | Micropulse, Inc. | 529 | $28.8M | 01/01/2024 |
| Barnes & Thornburg Llp Profit Sharing Plan | Barnes & Thornburg Llp | 1,515 | $754M | 01/01/2024 |
| Ear, Nose & Throat Associates, P.C. Retirement Savings Plan And Trust | Ear, Nose & Throat Associates, P.C. | 141 | $31.3M | 01/01/2024 |
| Charles Momper, Inc. Profit Sharing Plan | Momper Insulation, Div Of Installed Building Products, Llc | 137 | $12.0M | 01/01/2024 |
| C & A Tool Engineering, Inc. 401(k) Salary Reduction Plan And Trust | C & A Tool Engineering, Inc. | 561 | $44.6M | 01/01/2024 |
| Fort Wayne Medical Oncology And Hematology, Inc. 401(k) Plan | Fort Wayne Medical Oncology And Hematology, Inc. | 170 | $38.3M | 01/01/2024 |
| Iu Health 401(k) Savings Plan | Indiana University Health Inc. | 40,158 | $4.5B | 01/01/2024 |
| Eastern Radiologists, Inc. Profit Sharing Plan And Trust | Eastern Radiologists, Inc. | 216 | $132M | 01/01/2024 |
| Enpro Industries, Inc. Retirement Savings Plan | Enpro Inc. | 1,958 | $373M | 01/01/2024 |
| Nibe Usa 401(k) Retirement Plan | Nibe Energy Systems, Inc. | 2,859 | $157M | 01/01/2024 |
| Byron Health Center 403(b) Tax Deferred Plan | Byron Health Center | 114 | $3.3M | 01/01/2024 |
From Form 5500 service-provider disclosures.
Documents (1 archived)
| Form | Period | Size | |
|---|---|---|---|
| Form ADV (full filing) | 03/17/2026 | 1.13 MB | View · PDF · Source ↗ |
Archived copies of the firm's regulatory filings, versioned by content hash.
Disciplinary disclosures
No disciplinary events reported on the firm's latest Form ADV filing.
How they charge
- • Percentage of assets under management
- • Hourly charges
- • Fixed fees
- • Commissions
Services
- • Financial planning services
- • Portfolio management for individuals/small businesses
- • Portfolio management for businesses/institutional clients
- • Pension consulting services
- • Selection of other advisers
- • Publication of periodicals or newsletters
- • Educational seminars/workshops
Custody
Reported custodians
- National Financial Services (Fidelity) $1.8B (69% of AUM) Mar 2026
Amounts as reported in ADV Item 5.K.(3) (custodians holding 10%+ of SMA assets).
Firm reports having custody of client funds or securities (Item 9.A).
Source
All data on this page comes from this firm's Form ADV filings, reproduced without modification. Latest filing: Mar 17, 2026.
View current Form ADV (SEC/IAPD) ↗