OnlyFunds
Data sourced from SEC public records (and other sources when available). Refreshed weekly • Updated today.
About
OnlyFunds provides automated, software-based investment advisory and portfolio management services to U.S. individuals, trusts, and other eligible entities through brokerage accounts opened at Betterment or Interactive Brokers. The firm delivers fully discretionary management via an online client portal and emphasizes accessibility with no stated account minimums to facilitate retail participation.
The firm’s investment process is grounded in Modern Portfolio Theory and implemented through algorithmic portfolio construction, ETF selection, continuous monitoring, and periodic rebalancing; it derives individualized risk profiles using both objective financial measures and subjective risk‑tolerance questions. OnlyFunds generally follows a long‑term, buy‑and‑hold philosophy and may utilize platform features such as tax‑loss harvesting and automated rebalancing available through its third‑party providers.
OnlyFunds is unusual among single‑advisor independent firms in operating entirely as an internet adviser and in its use of endorsements and testimonials in advertising; the brochure discloses paid social‑media influencers, third‑party solicitors, and promotional campaigns that can include fee reductions or other limited offers. The firm’s reliance on third‑party platforms (Betterment as a sub‑advisor/portal and IBKR for custody/trading) also distinguishes how it delivers execution, proxy voting, and certain client services compared with more traditional advisers.
Client services
Expertise
Fee options
Flat fees or reduced fees may be offered during promotional campaigns or to certain clients at discretion of OnlyFunds
No more than 1.5% annually, charged quarterly and calculated daily
Main office
New York NY
Advisors at this office
1
Most active in
New York
Also doing business as
Onlyfunds · Phillips Capital, LLC
Disclosures
Exclamation point means they have disclosures of this type. Check mark means no disclosures of this type were found.
Business activities & affiliations
Is not active or affiliated with:
-
Insurance agent
They sell insurance products and may earn commissions on those sales.
-
Broker-dealer / trader
They provide brokerage services and may earn transaction-based compensation in addition to advisory fees.
-
Bank
They're affiliated with a bank that may offer its own financial products and services.
-
Trust company
They provide trust and estate administration services, typically for separate fees.
-
Fund sponsor
They manage or sponsor investment funds and may earn management or performance-based fees if clients invest in them.
-
Accountant / CPA / tax prep
They offer tax and accounting services, typically for separate fees.
-
Lawyer
They provide legal services, typically billed separately.
-
Real estate agent
They facilitate real estate transactions and may earn commissions.
-
Other specialized services
They may provide services such as pension consulting or municipal advisory work, typically for separate fees.
Not sure where to start?
We'll help you think it through—whether you ultimately need an advisor or not. Warmer helps you compare advisors clearly, so you can choose with confidence.
For advisor listings, we rely on sources including public filings and data provided by advisors, and we cannot guarantee that all information is current or accurate. Advisors are independent and may not have reviewed or updated this information. Please review an advisor’s Form ADV and do your own diligence before deciding whether to work with them.
Advisor matching and introductions are provided by FinanceHQ LLC (“FHQ”), a wholly-owned subsidiary of Warmer and an SEC-registered investment advisor. We receive compensation from certain participating advisors for introductions or referrals. This creates a conflict of interest because we have an incentive to recommend advisors who compensate us, including those who pay us more. You pay no fee to use our matching service, and advisor fees are not increased because of a referral or introduction. We do not review the ongoing performance of advisors, manage or hold assets, guarantee performance, or provide advice about specific investments.
By using our service, you agree to our Terms of Service and Advisory Agreement, and acknowledge our Privacy Policy. Please review FHQ’s ADV Part 2A and Form CRS. Logos provided by Logo.dev
© 2026 Warmer Holdings Inc. (“Warmer”)