Erisa Advisers, Inc.
- Regulatory AUM
- $187M
- Discretionary
- $187M
- Clients
- 136
- Avg AUM / client
- $1.4M
- Accounts
- 146
- Employees
- 4
AUM over time
Annual snapshots from Form ADV filings · as of Mar 20, 2026
Who they serve
| Client type | Clients | AUM | % of AUM |
|---|---|---|---|
| Individuals (non-high net worth) | 17 | $9.4M | 5.02% |
| Pension and profit sharing plans | 117 | $176M | 93.9% |
| Charitable organizations | 1 | $1.3M | 0.68% |
| Corporations and other businesses | 1 | $824K | 0.44% |
Retirement plan clients
Plans that reported this firm as an investment service provider on Form 5500 Schedule C.
| Plan | Location | Plan year |
|---|---|---|
| Erisa Partners, Inc. Pooled Employer Plan Erisa Partners, Inc. | 2024 | |
| Inova Payroll, Inc. 401(k) Plan Inova Payroll, Inc. | 2024 | |
| Magris Talc Usa, Inc. 401(k) Plan Magris Talc Usa, Inc. | 2024 |
People (1)
roster as of Jul 20, 2026| Name | Role / title | Credentials | With firm since | Ownership |
|---|---|---|---|---|
| Richard Scott Phillips | President/Chief Compliance Officer | Jan 2014 (13y) | ≈ 56.25% – 100% via Erisa Corporation |
Entity owners (Schedule A/B)
| Entity | Title / status | Since | Sch. | Ownership |
|---|---|---|---|---|
| Erisa Corporation | Shareholder | Dec 2017 | A | 75% or more |
Undisclosed: 0% – 25% of the firm is not attributable from the filed Schedule A bands.
Estimated effective ownership (look-through of filed bands):
- Richard Scott Phillips: 75% – 100% of Erisa Corporation × 75% – 100% direct ≈ 56.25% – 100% of the firm
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 (3)
| Plan | Sponsor | Participants | Plan assets | As of |
|---|---|---|---|---|
| Erisa Partners, Inc. Pooled Employer Plan | Erisa Partners, Inc. | 7,816 | $80.7M | 01/01/2024 |
| Inova Payroll, Inc. 401(k) Plan | Inova Payroll, Inc. | 258 | $15.7M | 01/01/2024 |
| Magris Talc Usa, Inc. 401(k) Plan | Magris Talc Usa, Inc. | 233 | $35.7M | 01/01/2024 |
From Form 5500 service-provider disclosures.
Documents (1 archived)
| Form | Period | Size | |
|---|---|---|---|
| Form ADV (full filing) | 03/20/2026 | 982 KB | 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
- • Fixed fees
Services
- • Portfolio management for individuals/small businesses
- • Pension consulting services
Custody
Reported custodians
- Charles Schwab & Co. $96.2M (51% of AUM) Mar 2026
Amounts as reported in ADV Item 5.K.(3) (custodians holding 10%+ of SMA assets).
Firm reports it does not have 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 20, 2026.
View current Form ADV (SEC/IAPD) ↗