Q&A with Tom Phillips
OKC-based investment company
reaches $1 billion in client assets
Q: I understand your firm recently hit a big milestone. Can you tell us about that?
A: Last year, T.S. Phillips Investments and related companies exceeded $1 billion in assets for clients who we help oversee. In the financial marketplace today, it’s not unusual to hear of billions of dollars in assets, but it’s a pretty big deal when a smaller local firm hits that level. It’s a tribute to our investment consultants and administrative staff.
Q: How wealthy does one need to be to hire an investment adviser?
A: It depends on the investment adviser. I’ve seen some minimums as high as $250,000, and others have no minimum. Frankly, I encourage my investment consultants to fall into the latter category and not insist on a minimum account size. For those with smaller accounts, it’s never too early to seek the help of a trusted investment adviser.
Continue reading this story on the...