Phillip James Consulting provides financial planning, portfolio management for individuals and small businesses, insurance, tax planning, and tax preparation. Financial planning was provided to 101–250 clients last fiscal year.
Phillip James Consulting reports 114 clients. They include 60 high-net-worth individuals and 54 individual clients. Of its assets, 98.7% ($219M across 751 accounts) are managed with discretion; $2.83M across 7 accounts are not.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 47% | 11% |
| High-net-worth individuals | 53% | 89% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 54 | $24.3M | 10.9% | $449K |
| High-net-worth individuals | 60 | $198M | 89.1% | $3.3M |
| Total | 114 | $222M | 100% | $1.95M |
- Clients
- 54
- Regulatory AUM
- $24.3M
- AUM share
- 10.9%
- Avg. per client
- $449K
- Clients
- 60
- Regulatory AUM
- $198M
- AUM share
- 89.1%
- Avg. per client
- $3.3M
Total
- Clients
- 114
- Regulatory AUM
- $222M
- AUM share
- 100%
- Avg. per client
- $1.95M
- Clients outside the U.S.
- 0%
- Clients advised without assets under management last fiscal year
- 0
- Private funds advised
- 0
- Financial planning clients last fiscal year
- 101–250
Phillip James Consulting charges 0.50%–1.50% a year for its Investment Management. Each asset band is charged at its own rate. The fee is billed in advance, is negotiable and has a $12,500 annual minimum. The brochure also prices one other service, listed under fee details.
| Asset band | Annual rate |
|---|---|
| $0–$500K | 1.50% |
| $500K–$5M | 1.00% |
| $5M and above | 0.50% |
Fee details and sources
Other fees
- Initial Financial Planning
- Initial planning fee of $2,500 to $5,000 depending on the complexity of the plan; waived if the client becomes an ongoing client.
James Sexton owns 50% to 75% of Phillip James Consulting. Phillip Christenson is CEO; the leadership team includes Chief Financial Officer James Sexton. It has 3 employees, 2 of them in advisory roles.
Leadership
Phillip ChristensonChief Executive Officer / Chief Compliance Officer
James SextonChief Financial Officer
Investment adviser representatives
2 representatives listed in the SEC register as of 9 October 2026.
Staff
- 3 employees
- 2 in advisory functions
- 2 state-registered reps
- Owns 50% to 75% of Phillip James Consulting Co.
James Sexton
Control person · since June 2013
- Owns 50% to 75% of Phillip James Consulting Co.
Phillip Christenson
Control person · since June 2013
Phillip James Consulting’s regulatory assets grew 2.0× from $110M (January 2021) to $222M (March 2026); clients were 114 in both filings and employees fell from 4 to 3.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | Employees | Offices |
|---|---|---|---|---|
| March 2026 | $222M | 114 | 3 | 1 |
| March 2025 | $197M | 117 | 4 | 1 |
| March 2024 | $167M | 115 | 4 | 1 |
| April 2023 | $135M | 120 | 4 | 1 |
| March 2022 | $151M | 116 | 4 | 1 |
| January 2021 | $110M | 117 | 4 | 1 |
Besides its headquarters, Phillip James Consulting has 0 offices, with 1 listed address in Minnesota.
Minnesota · 1 listed address
- 3675 Plymouth Boulevard, Suite 110, PlymouthHQ
Other business names
Phillip James Consulting has reported 2 other business names to the SEC.
- PJF Tax
- Phillip James Financial
Contact and registration details
- Legal name
- Phillip James Consulting Co.
- Headquarters
- 3675 Plymouth Boulevard, Suite 110, Plymouth, MN 55446
- Website
- phillipjamesfinancial.com
- Phone
- 763-432-0852
- @phillip-james-financial
- SEC file
- 801-120327
- Founded
- 2010
- Structure
- Minnesota corporation
- Fiscal year end
- December
Phillip James Consulting uses Charles Schwab ($173M) as custodian for its separately managed accounts. Phillip James Consulting has custody of $78.2M in client assets for 131 clients.
- Charles SchwabCharles Schwab & Co., Inc. · Omaha, NE · $173M100%
At year end, Phillip James Consulting’s separately managed accounts were mostly in stocks (57%) and funds (36%). Its reported 13F holdings for the quarter ended 30 June 2026 total $150M across 332 positions; the largest are iShares Inc. (10.2%), Schwab Strategic TR (7.9%) and Vanguard Index Fds (7.0%).
What the accounts hold
- Stocks57%
- Funds36%
- Bonds7%
- U.S. government and agency bonds6%
- State and local bonds1%
Reported 13F holdings
- $150M
- Reported 13F value
- 332
- Positions
- 57.8%
- In the 10 largest
- +13.5%
- Value vs. prior quarter
- iShares Inc. · MSCI Aust ETF10.2%
- Schwab Strategic TR · Sht TM US Tres7.9%
- Vanguard Index Fds · Value ETF7.0%
- Schwab Strategic TR · US Brd Mkt ETF6.9%
- Schwab Strategic TR · US Lcap VA ETF4.6%
- Wisdomtree Inc.4.5%
- Vanguard Index Fds · Small CP ETF4.4%
- Vanguard Intl Equity Index F · FTSE Smcap ETF4.3%
- Vanguard BD Index Fds · Short Trm Bond4.1%
- Harbor ETF Trust · Intl Equity ETF3.9%
Together, the ten largest are 57.8% of reported value.
How many clients does Phillip James Consulting have?
Phillip James Consulting has 114 clients and manages $222 million for them, as of March 2026. They include 60 high-net-worth individuals and 54 individual clients.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 27 March 2026
What services does Phillip James Consulting offer?
Phillip James Consulting provides financial planning, portfolio management for individuals and small businesses, insurance, tax planning, and tax preparation.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file; Part 2A brochure, Item 4
How much does Phillip James Consulting charge?
Phillip James Consulting charges 0.50%–1.50% a year for its Investment Management. Each asset band is charged at its own rate. The fee is billed in advance, is negotiable and has a $12,500 annual minimum.
Source: PHILLIP JAMES FINANCIAL ADV FIRM BROCHURE, filed 27 March 2026
Which custodians does Phillip James Consulting use?
Phillip James Consulting’s separately managed account assets are held at Charles Schwab & Co., Inc. (Omaha, NE), with $173M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 27 March 2026
How many financial advisors does Phillip James Consulting have?
Phillip James Consulting has 2 investment adviser representatives registered with state securities authorities, out of 3 employees, and 2 perform investment advisory functions. None are registered representatives of a broker-dealer or licensed insurance agents.
Source: Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file
What does Phillip James Consulting invest in?
At the end of its last fiscal year, Phillip James Consulting’s separately managed accounts held 57% exchange-traded equities, 36% registered funds (mutual funds, ETFs, BDCs), 6% U.S. government and agency bonds and 1% state and local bonds.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Phillip James Consulting?
Phillip James Consulting’s direct owners are James Sexton (50% to 75%) and Phillip Christenson (50% to 75%).
Source: Form ADV Part 1A, Schedules A and B, filed 27 March 2026
How does Phillip James Consulting get paid?
Phillip James Consulting is paid through a percentage of assets under management 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
Is Phillip James Consulting registered with the SEC?
Yes, Phillip James Consulting has been registered with the SEC as an investment adviser since 16 February 2021. Its CRD number is 168228 and its SEC file number is 801-120327.
Source: Form ADV Part 1A, Item 1, filed 27 March 2026; IAPD firm record
How do I contact Phillip James Consulting?
Phillip James Consulting’s main office is at 3675 Plymouth Boulevard, Suite 110, Plymouth, MN 55446. Its phone number is 763-432-0852. Its website is phillipjamesfinancial.com.