{"url":"https://nivawealth.com/firms/phillip-b-white-300623","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/300623","regulatoryAum":318703165,"crd":"300623","adviserRoster":{"asOf":"2026-10-09","items":[{"crd":"732362","suffix":null,"lastName":"WHITE","firstName":"BRUCE","middleName":"DAVID"},{"crd":"6339910","suffix":null,"lastName":"WHITE","firstName":"ZACHARY","middleName":"JOSEPH"}],"total":2,"loadedAt":"2026-10-10T00:20:19.761928+00:00","sourceUrl":"https://reports.adviserinfo.sec.gov/reports/CompilationReports/IA_INDVL_Feed_10_09_2026.xml.zip"},"history":[{"filedOn":"2021-05-12","regulatoryAum":239000000,"clients":238,"employees":2,"offices":2},{"filedOn":"2022-03-30","regulatoryAum":256162431,"clients":244,"employees":2,"offices":2},{"filedOn":"2023-03-30","regulatoryAum":217466000,"clients":239,"employees":2,"offices":2},{"filedOn":"2024-03-27","regulatoryAum":244442472,"clients":244,"employees":2,"offices":2},{"filedOn":"2025-03-25","regulatoryAum":268318426,"clients":248,"employees":2,"offices":1},{"filedOn":"2026-03-31","regulatoryAum":318703165,"clients":246,"employees":2,"offices":1}],"secFileNumber":"801-114890","legalName":"Phillip B. White Co., Inc.","displayName":"Phillip B. White","slug":"phillip-b-white-300623","website":"https://pbwhite.com/","classification":{"segment":"individuals","segmentLabel":"Wealth management","type":"independent_wealth_manager","typeLabel":"RIA","feeDisclosure":"full"},"founded":"2019","organization":"California corporation","fiscalYearEnd":"December","headquarters":{"street":"11573 Los Osos Valley Road, Suite D","city":"San Luis Obispo","state":"CA","stateName":"California","country":"United States","postalCode":"93405"},"tradeNames":[],"registration":{"secApproved":"27 March 2019","noticeFilings":null,"latestNoticeFiling":null},"wealthAumPerClient":1269659.8724279834,"staff":{"employees":2,"advisory":2,"brokerDealerReps":0,"insuranceAgents":2,"promoters":0},"aum":{"regulatory":318703165,"discretionary":318703165,"discretionaryAccounts":587,"nonDiscretionary":0,"nonDiscretionaryAccounts":0,"wrapProgram":null,"nonUsClientsPct":0,"nonAumClients":0},"clientTypes":[{"label":"Individuals (other than HNW)","clients":140,"regulatoryAum":55723504},{"label":"High-net-worth individuals","clients":103,"regulatoryAum":252803845},{"label":"Pension and profit-sharing plans","clients":2,"fewerThan5":true,"regulatoryAum":9327525},{"label":"Corporations and other businesses","clients":1,"fewerThan5":true,"regulatoryAum":848291}],"feePrograms":[{"role":"main","program":"Advisory Service Agreement","feeBasis":"range","fee_tiers":null,"sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1035981","versionId":1035981,"ratePeriod":"annual","fee_billing":"arrears","submittedOn":"2026-03-31","documentName":"PB WHITE FIRM BROCHURE MAR 30 2026","fee_rate_low":0.5,"fee_rate_high":1.25,"fee_negotiable":true,"minimum_account":500000,"feeMinimumPeriod":"annual","fee_minimum_annual":6250},{"role":"other","program":"Hourly Planning","summary":"Limited-scope hourly planning is billed at $250 an hour with a $500 minimum, or at a negotiable flat fee.","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1035981","versionId":1035981,"submittedOn":"2026-03-31","documentName":"PB WHITE FIRM BROCHURE MAR 30 2026"}],"brochureCoverage":{"scope":"sec_inventory","status":"reviewed","checkedAt":"2026-10-22T10:35:47.243781+00:00","documents":[{"name":"PB WHITE FIRM BROCHURE MAR 30 2026","status":"read","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1035981","versionId":1035981,"submittedOn":"2026-03-31"}]},"custodians":[{"name":"Pershing Advisor Solutions LLC","shortName":"Pershing","location":"Jersey City, NJ","smaAssets":181042911},{"name":"Assetmark Brokerage, LLC","shortName":"Assetmark Brokerage","location":"Concord, CA","smaAssets":75777803},{"name":"SEI Investments Distribution Co.","shortName":"SEI Investments Distribution","location":"Oaks, PA","smaAssets":25948745}],"custodyNote":"Phillip B. White does not have custody of client assets.","otherCustodians":[],"leadership":[{"name":"Bruce White","title":"President/ CCO","crd":"732362"}],"ownership":[{"label":"Bruce White","detail":"President/ cco in the 75% or more ownership band and a control person, since February 2019."}],"branchOffices":null,"filedOffices":{"otherThanPrincipal":0,"privateResidences":0},"listedOfficeAddresses":1,"foreignOffices":[],"officesByState":[{"state":"California","offices":1,"addresses":[{"street":"11573 Los Osos Valley Road, Suite D","city":"San Luis Obispo","headquarters":true}]}],"brochureServices":["education planning","estate planning","insurance","tax planning"],"advFacts":{"source":{"file":"ia100226.zip","asOf":"2 October 2026"},"telephone":"925-736-2108","stateRegisteredReps":2,"otherAdviserReps":0,"compensation":["A percentage of assets under management","Hourly charges","Fixed fees (other than subscription fees)"],"activities":["Financial planning services","Portfolio management for individuals and/or small businesses","Selection of other advisers (including private fund managers)"],"financialPlanningClients":"101-250","assetMix":[{"label":"Securities issued by registered investment companies or business development companies","percent":93},{"label":"Cash and cash equivalents","percent":2},{"label":"Other","percent":5,"detail":"Variable Annuities, Variable Life"}],"privateFunds":0},"sources":{"adv1FilingDate":"31 March 2026","adv1Url":"https://reports.adviserinfo.sec.gov/reports/ADV/300623/PDF/300623.pdf","brochureDate":"31 March 2026","brochureUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1035981","iapdCompiledDate":null,"retrievedDate":"15 October 2026","retrievedOn":"2026-10-15","updatedOn":"2026-10-22","holdingsUpdatedOn":"2026-10-21","adv1Pages":{},"brochurePages":{}},"otherBusiness":[],"faq":[{"question":"How many clients does Phillip B. White have?","answer":"Phillip B. White has 246 clients and manages $319 million for them, as of March 2026. They include 140 individual clients, 103 high-net-worth individuals, and 2 pension and profit-sharing plans.","source":"Form ADV Part 1A, Items 5.D and 5.F, filed 31 March 2026","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does Phillip B. White offer?","answer":"Phillip B. White provides financial planning, portfolio management for individuals and small businesses, selecting other managers, education planning, estate planning, insurance, and tax planning.","source":"Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file; Part 2A brochure, Item 4","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"How much does Phillip B. White charge?","answer":"Phillip B. White charges 0.50%–1.25% a year for its Advisory Service Agreement. The fee is billed in arrears, is negotiable, has a $6,250 annual minimum and requires an account of at least $500,000.","source":"PB WHITE FIRM BROCHURE MAR 30 2026, filed 31 March 2026","sourceRef":{"doc":"brochure","section":"fees"}},{"question":"Which custodians does Phillip B. White use?","answer":"Phillip B. White’s separately managed account assets are held at Pershing Advisor Solutions LLC (Jersey City, NJ), with $181M, Assetmark Brokerage, LLC (Concord, CA), with $75.8M and SEI Investments Distribution Co. (Oaks, PA), with $25.9M. Only custodians holding at least a tenth of those assets are named.","source":"Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 31 March 2026","sourceRef":{"doc":"adv1","section":"custodians"}},{"question":"How many financial advisors does Phillip B. White have?","answer":"Phillip B. White has 2 investment adviser representatives registered with state securities authorities, out of 2 employees, and 2 perform investment advisory functions. 0 employees are registered representatives of a broker-dealer and 2 employees are licensed insurance agents.","source":"Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What does Phillip B. White invest in?","answer":"At the end of its last fiscal year, Phillip B. White’s separately managed accounts held 93% registered funds (mutual funds, ETFs, BDCs), 5% other and 2% cash and equivalents. The 5% other category is described as: Variable Annuities, Variable Life.","source":"Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Does Phillip B. White have a minimum investment?","answer":"Yes, Phillip B. White’s minimum account size for its Advisory Service Agreement is $500K. It charges a $6.25K annual minimum fee.","source":"PB WHITE FIRM BROCHURE MAR 30 2026, filed 31 March 2026","sourceRef":{"doc":"brochure","section":"fees"}},{"question":"Who owns Phillip B. White?","answer":"Phillip B. White’s direct owner is Bruce White (75% or more).","source":"Form ADV Part 1A, Schedules A and B, filed 31 March 2026","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does Phillip B. White get paid?","answer":"Phillip B. White is paid through a percentage of assets under management, hourly charges and fixed fees. Its Form ADV lists no commissions or performance-based fees among how it is paid.","source":"Form ADV Part 1A, Item 5.E, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"How do I contact Phillip B. White?","answer":"Phillip B. White’s main office is at 11573 Los Osos Valley Road, Suite D, San Luis Obispo, CA 93405. Its phone number is 925-736-2108. Its website is pbwhite.com.","source":"Form ADV Part 1A, Item 1.F, filed 31 March 2026","sourceRef":{"doc":"adv1","section":"offices"}}],"holdings":null,"notice":"Compiled from public SEC Form ADV filings on the dates in `sources`. Facts as filed; not a rating, ranking, or recommendation. Niva is not affiliated with this firm. Disciplinary history is deliberately not included here or on the page; the SEC publishes the complete record at the `iapdUrl` above."}