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Phillips Financial Management, LLC

CIK:0001350660
Investment Adviser
$2B AUM
279 holdings
Fort Wayne, IN, United States
Founded:2004
31 employees
Latest filing:Jun 30, 2025

Phillips Financial Management, LLC is an SEC-registered investment adviser headquartered in Fort Wayne, Indiana. Founded in 2004, the firm offers financial planning, investment management, and retirement plan consulting services to individuals (including high net worth clients), pension and profit-sharing plans, charitable organizations, and business entities. The firm employs around 31 professionals and is led by principal owners Richard L. Phillips, Jr. and Shannon H. Hardiek. Phillips Financial serves clients primarily in the United States and is known for a client-centric approach.

Investment Strategy

Phillips Financial Management, LLC primarily allocates client assets among index-based open-end mutual funds and exchange-traded funds (ETFs), operating many portfolios as similarly managed accounts according to proprietary investment strategies. The firm considers tax consequences and client-specific needs, and for certain clients, may also incorporate equity securities, warrants, and rights. The investment philosophy centers on diversification and risk management, with a strong emphasis on long-term financial objectives and individualized advisory agreements.

Top Buys
I
IVVISHARES TR
+$15.6M
D
DFICDIMENSIONAL ETF TRUST
+$9.6M
D
DUHPDIMENSIONAL ETF TRUST
+$5.7M
D
DFCFDIMENSIONAL ETF TRUST
+$5.6M
D
DFEMDIMENSIONAL ETF TRUST
+$4.5M
Top Sells
I
ICSHISHARES TR
-$2.3M
S
SHYISHARES TR
-$1.6M
I
INTFISHARES TR
-$1.3M
M
MUBISHARES TR
-$1.0M
S
SMLFISHARES TR
-$825.7K

Top Holdings

I
IVVISHARES TR
+11.1%$153.0M
D
DFCFDIMENSIONAL ETF TRUST
+6.2%$86.1M
D
DFICDIMENSIONAL ETF TRUST
+5.7%$79.2M
D
DFSDDIMENSIONAL ETF TRUST
+4.7%$65.1M
I
IJHISHARES TR
+3.5%$48.4M

Equity Positions (276)

TickerSecurityWeightMarket ValueSharesAvg CostPriceChange (QoQ)
I
IVV
ISHARES TR11.10%$153.0M246,492$254.16$620.90+$15.6M
D
DFCF
DIMENSIONAL ETF TRUST6.25%$86.1M2,037,414$41.93$42.26+$5.6M
D
DFIC
DIMENSIONAL ETF TRUST5.74%$79.2M2,546,499$25.20$31.09+$9.6M
D
DFSD
DIMENSIONAL ETF TRUST4.73%$65.1M1,356,806$47.02$48.01+$2.5M
I
IJH
ISHARES TR3.51%$48.4M780,470$27.23$62.02+$2.3M

Industry Allocation

NATIONAL COMMERCIAL BANKS
+0.6%
ELECTRONIC COMPUTERS
+0.3%
COMMODITY CONTRACTS BROKERS & DEALERS
+0.3%
SERVICES-COMPUTER PROGRAMMING, DATA PROCESSING, ETC.
+0.3%
SERVICES-PREPACKAGED SOFTWARE
+0.3%