Philip B. White Co., Inc. (Danville)

Philip B. White Co., Inc. is a large advisory firm based in Danville. It manages $200 million of regulatory assets for 750 client accounts. It has been registered with the SEC as an adviser since 2019 and has operated in the jurisdictions of California, Colorado, North Carolina, Texas, and Washington.

Philip B. White Co. provides financial planning services, portfolio management for individuals and small businesses, and selection of other advisers. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Philip B. White Co.: assets under management

The assets under management (AUM) of Philip B. White Co., Inc. is $200 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 0% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $200 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $266.67 thousand each.

Investments

The firm invests in non-exchange traded securities the most. They account for 90% of the total AUM. The second-largest asset type is exchange traded securities, which make up 10% of the firm’s portfolio.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Philip B. White Co., Inc. for their services and products based on a percentage of assets under management, hourly charges, and fixed fees. Flat-fee based compensation is the most transparent and the one you can safely predict in advance. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Philip B. White Co. serves?

The firm provides services to individuals and high net worth individuals. The largest group of clients of Philip B. White Co. is high net worth individuals with 75 clients and $125 million of assets under management. Among the 11 most similar advisory firms, Philip B. White Co. has the 3rd highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $200 million for 275 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. None of the firm’s clients are foreign persons or businesses.

Philip B. White Co. doesn't advise any private funds.

Careers at Philip B. White Co., Inc.

The company employs 3 people that are either part- or full-time employees. 100 percent of the employees work as investment advisers or researchers. 2 employees are registered as investment adviser representatives with the state securities authorities.

There isn’t anyone with the role of looking for and bringing in new clients on behalf of the firm. The firm doesn’t compensate employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

Based in Danville

The principal office where Philip B. White Co., Inc. performs its advisory services is located at 4125 Blackhawk Plaza Circle, Danville, CA 94506, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 925-736-2108 or by fax 925-736-2126. The normal business hours are 9 am to 5 pm on Monday - Friday.