DFX Intelligence
RIA Intelligence
Registered investment advisers, the advisors registered through them, the capital they report, the private vehicles they run and the people who own them, as a graph with a filing date behind every number. RAUM is what the adviser filed, a move is two registration dates, and a class is a rule you can read.
SEC-registered adviser
Phillips Wealth Planners LLC
Latest filing Mar 4, 2026
First filing on the tape Mar 20, 2022 · 18 filings
SEC status approved since Jul 21, 2022
RAUM
$341M
reported, Item 5.F
Discretionary
98%
of RAUM
Private clients
96%
$329M individuals and HNW
Advisors
2
registered through the firm on IAPD
RAUM per advisor
$170M
derived; firm RAUM over IAPD count
Employees
6
2 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
18 filings and snapshots on the tape
RAUM$341M as of Mar 4, 2026
Mar 27, 2023$240M then
HNW client RAUM$260M as of Mar 4, 2026
Jan 11, 2024$191M then
State-registered IARs (5.B.3)2 as of Mar 4, 2026
Mar 27, 20232 then
Employees (5.A)6 as of Mar 4, 2026
Mar 27, 20238 then
Private funds: no history
RAUM +19% over the last fiscal year+12% a year over threeIARs 2 to 2
Practice profile
derived from the filing of Mar 4, 2026; every figure names its basis
Archetypes, each a printed rule
- HNW wealth manager · private-client share of RAUM at least 50 percent and HNW share of private-client RAUM 50 to 90 percent
- Independent boutique · a wealth manager with no broker-dealer, bank or insurance affiliate, 2 to 25 advisors, one to three offices, no public reporting company control
- Solo or small team · one advisor, or a wealth manager with up to three advisors and one office
- RAUM per advisor
- $170MderivedRAUM over IAPD advisors; not a book size
- Clients per advisor
- 156derivedindividual and HNW clients (5.D) over advisors
- Average HNW client
- $2.3MderivedHNW RAUM over HNW clients
- Average account
- $114,131derivedRAUM over accounts (5.F.2.f)
- Discretionary
- 98%derivedof RAUM
- Institutional
- 3.5%derivedpensions, charities, corporations, government, insurance, banks, other advisers
- Employees per advisor
- 3.0derivedItem 5.A over advisors
- Advisors per office
- 2.0derived1 offices incl. principal (1.F.5)
- RAUM growth, one year
- +19%derivedbetween the last two annual amendments
- Advisor growth, one year
- +0.0%derivedItem 5.B.3 between annual amendments
- Client growth, one year
- +45%derived
- Compensation
- percentage of assets, hourly, fixed feesreportedItem 5.E
- Advisory activities
- financial planning, portfolio management for individuals, pension consulting, selection of other advisersreportedItem 5.G
- Ownership
- no PE, bank or public-company owner found on Schedule Aderived
- Advisor book size
- not public; not estimatedreported
Also answered yes on Form ADV
- buys or sells securities as principal to or from clients (8.A.2)
- has discretionary authority over which securities are bought or sold (8.C.1)
- receives research or other products from a broker-dealer, soft dollars (8.E)
Where the RAUM sits
Form ADV Item 5.D, latest filing
- High-net-worth individuals$260M76%
- Individuals$69.2M20%
- Pension and profit-sharing plans$12.0M3.5%
- Individual clients
- 198reported
- HNW clients
- 114reported
- Pension plan clients
- 9reported
- Charitable clients
- n/areported
- Accounts
- 2,986reported
- Financial planning clients
- 101-250reported
- Wrap fee programs
- noreported
- Custody of client assets
- noreported
- Compensation
- % of AUM, fixed, hourlyreported
- Class basis
- private_client_share=0.96 fund_share=0.0 institutional_share=0.04 related_bd=false related_bank=false bd_reps=0.0derived
Advisors registered through the firm
2 on IAPD today, longest tenure first
| Name | Branch | Here since | In industry | Prior firms |
|---|---|---|---|---|
| Lauren Castle BlackCertified Financial Planner | Starkville, Ms | Aug 15, 2022 | 15 y | 1 |
| Lynn Marie Phillips-GainesCertified Financial Planner | Starkville, Ms | Jan 1, 2025 | 41 y | 3 |
Advisor movement
0 left, 0 joined in 12 months
net 0 in 12 months0 left in 90 days0 joined in 90 daysdeparture rate 0.0% of current headcount0 left over 36 months
Left, latest
none on the tape
Joined, latest
- Lynn Marie Phillips-Gaines from Raymond James Financial Services Advisors, IncJan 1, 2025 · Affiliated broker-dealer or bank to independent RIA
- Lauren Castle Black from Raymond James Financial Services Advisors, IncAug 15, 2022 · Affiliated broker-dealer or bank to a newly registered adviser
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
- Castle Lauren Black · Member / Partner / Chief Compliance Officercontrolsince 03/2022 · owns 25% to 50%
- Marie Lynn Phillips-Gaines · Managing Membercontrolsince 03/2022 · owns 50% to 75%
Related persons
Schedule D 7.A
No related person reported.
Office movement
IAPD branch city; joins and departures in 12 months
| Office | Advisors | Joined | Left | Teams out | Forming |
|---|---|---|---|---|---|
| Starkville, Ms · principal | 2 | 0 | 0 |
Offices
Schedule D 1.F, the 25 largest
No branch office listed.
ADV anomalies
1 against comparable advisers; where to look, not conclusions
- account count surgeChange between filings · filing Mar 4, 2026accounts (Item 5.F.2.f) moved from 1,708.0 to 2,986.0 (+75.0%) between the annual amendments of 2025-03-07 and 2026-03-04; the peer median change was +5.0% (3688 comparable advisers, 97.0th percentile of changes)peers: independent wealth managers, $100M to $500M (3,688) · 97% percentile
What changed
consecutive filings, newest first
- Accounts · 1,708 to 2,986Sep 4, 2025 to Mar 4, 2026
- HNW clients · 100 to 114Sep 4, 2025 to Mar 4, 2026
- Individual clients · 115 to 198Sep 4, 2025 to Mar 4, 2026
- Pension plan clients · 10 to 9Sep 4, 2025 to Mar 4, 2026
- Employees · 7 to 6Sep 4, 2025 to Mar 4, 2026
- Discretionary RAUM · $287M to $332MSep 4, 2025 to Mar 4, 2026
- HNW RAUM · $206M to $260MSep 4, 2025 to Mar 4, 2026
- Individual RAUM · $67.8M to $69.2MSep 4, 2025 to Mar 4, 2026
- Non-discretionary RAUM · $0 to $8.4MSep 4, 2025 to Mar 4, 2026
- Pension RAUM · $12.7M to $12.0MSep 4, 2025 to Mar 4, 2026
- RAUM · $287M to $341MSep 4, 2025 to Mar 4, 2026
- Accounts · 1,735 to 1,708Jun 18, 2024 to Mar 7, 2025
- HNW clients · 91 to 100Jun 18, 2024 to Mar 7, 2025
- Individual clients · 127 to 115Jun 18, 2024 to Mar 7, 2025
- Pension plan clients · 12 to 10Jun 18, 2024 to Mar 7, 2025
- Financial planning clients · 101-250 to 101-250Jun 18, 2024 to Mar 7, 2025
- Discretionary RAUM · $262M to $287MJun 18, 2024 to Mar 7, 2025
- HNW RAUM · $191M to $206MJun 18, 2024 to Mar 7, 2025
- Individual RAUM · $61.1M to $67.8MJun 18, 2024 to Mar 7, 2025
- Pension RAUM · $10.3M to $12.7MJun 18, 2024 to Mar 7, 2025
- RAUM · $262M to $287MJun 18, 2024 to Mar 7, 2025
- Accounts · 2,431 to 1,735Sep 21, 2023 to Jan 11, 2024
- Charity clients · 1.0 to unsetSep 21, 2023 to Jan 11, 2024
- HNW clients · unset to 91.0Sep 21, 2023 to Jan 11, 2024
- Individual clients · 214 to 127Sep 21, 2023 to Jan 11, 2024
- Pension plan clients · 8 to 12Sep 21, 2023 to Jan 11, 2024
- Employees · 8 to 7Sep 21, 2023 to Jan 11, 2024
- Discretionary RAUM · $240M to $262MSep 21, 2023 to Jan 11, 2024
- HNW RAUM · unset to 190628953.0Sep 21, 2023 to Jan 11, 2024
- Individual RAUM · $233M to $61.1MSep 21, 2023 to Jan 11, 2024
- Pension RAUM · $7.0M to $10.3MSep 21, 2023 to Jan 11, 2024
- RAUM · $240M to $262MSep 21, 2023 to Jan 11, 2024
- Accounts · 1,597 to 2,431Jan 31, 2023 to Mar 27, 2023
- HNW clients · 69.0 to unsetJan 31, 2023 to Mar 27, 2023
- Individual clients · 148 to 214Jan 31, 2023 to Mar 27, 2023
- Pension plan clients · 7 to 8Jan 31, 2023 to Mar 27, 2023
- Employees · 7 to 8Jan 31, 2023 to Mar 27, 2023
- Financial planning clients · 0 to 101-250Jan 31, 2023 to Mar 27, 2023
- Discretionary RAUM · $225M to $240MJan 31, 2023 to Mar 27, 2023
- HNW RAUM · 136000000.0 to unsetJan 31, 2023 to Mar 27, 2023
Signals
4 dated events
- Phillips Wealth Planners Llc reported succeeding to the business of Another Adviser (Form ADV Item 4)Sep 19, 2022 · Succession (Item 4) · fact
- Nicole Alexandra Thomas (Chief Compliance Officer) no longer on Schedule A of Phillips Wealth Planners Llc (listed 2022-09-16, absent 2022-09-19)Sep 19, 2022 · Control person left · inference
- Nicole Alexandra Thomas (Chief Compliance Officer) appeared on Schedule A of Phillips Wealth Planners LlcMar 21, 2022 · Control person joined · fact
- Phillips Financial filed its initial SEC registration (Form ADV)Mar 20, 2022 · First SEC registration · fact
Across DFX
shared identifiers only, never a name match
No identifier-backed link to the venture, private equity, family office or sponsor graphs.
How to reach
public business contact points only, each with its source
- Website
- phillipsfinancial.orgreportedpublic record, Form ADV, Sep 17, 2026
- Principal office phone
- (662) 324-2889reportedpublic record, Form ADV, Mar 4, 2026
Provenance
- Form ADV
- SEC filing data 2011 to 2024 and the monthly roster 2025 onreportedadviserinfo.sec.gov
- Advisors
- IAPD individual compilation feed, dailyreportedadviserinfo.sec.gov
- Class
- Independent wealth managerderiveda rule over Items 5.D and 7.A
- RAUM per advisor
- $170Mderivedfirm RAUM over the IAPD count; not a book size
- Loaded
- Sep 14, 2026