Black Oak Wealth Management, Inc.
President & CEO
Fee-Only financial planner located in Oak Ridge, NC, serving clients locally and across the country.
Phillip Hanks is a fee-only financial advisor at Black Oak Wealth Management, Inc., located in Oak Ridge, NC. Fiduciary. Fee Only. Financial Advisor providing investment management & financial planning.
Independent. Fee-Only. Financial Advisor. This means that we make decisions that we believe to be best for you. At the end of the day, much of that comes down to our business model and the planning process.
We optimize clients portfolios based on their risk tolerance, needs analysis, projected returns, and monitoring for portfolio allocation drifts from tactical weighting targets.
There’s no hidden agenda. We're not commission based. We function in a high transparency environment. We target very low expense ratios for our client's accounts.
Fee-Only, Fiduciary, Independent: Three Important Criteria to Consider When Choosing a Financial Advisor.
- Comprehensive Financial Planning
- Retirement Income Planning
- Investment Management
- College Education Planning
- Tax Planning
- Retirees and Near Retirees
- Growing Families
- Business Owners and Executives
- Sudden Money Situations
- Novice Investors
- In-Office Meetings
- Virtual Meetings - Zoom Video Conferencing
- Clearly Defined Fees... 1% on first $500,000 AUM; 0.25% on next $4 Million; then 0% thereafter (AUM Fees capped at $15,000 max per year) - paid in arrears, based on end of quarter values.
- No Product Sales
- Complimentary Initial Consultation
Professional Designations & Affiliations
Phillip Hanks is a NAPFA-Registered Financial Advisor
The National Association of Personal Financial Advisors (NAPFA) is a leading professional association of Fee-Only financial advisors—highly trained professionals who are committed to working in the best interests of those they serve.
Phillip Hanks is a CERTIFIED FINANCIAL PLANNER™ Professional - Click for Verification
CFP® professionals are held to strict ethical standards to ensure financial planning recommendations are in your best interest. What’s more, a CFP® professional must acquire several years of experience related to delivering financial planning services to clients and pass the comprehensive CFP® Certification Exam before they can use the CFP® designation.
Phillip Hanks is a Member of the XY Planning Network
The XY Planning Network is the leading organization of fee-only financial advisors who are focused on working with Generation X and Generation Y clients. Our mission is to connect consumers with best-in-class financial advisors who specialize in working with clients just like you.
Contact Phillip Hanks
8004 Linville Rd
Oak Ridge, NC 27310