Phelps Financial Advisors
Data sourced from SEC public records (and other sources when available). Refreshed weekly • Updated today.
About
Phelps Financial Advisors provides fee-only financial planning and investment advice to individuals and families, including high-net-worth clients and small business owners. Services described in the brochure include comprehensive planning across retirement and retirement-income planning, tax and estate planning coordination, risk-management reviews, college funding, cash-flow analysis, and portfolio analysis.
The firm’s investment approach emphasizes strategic asset allocation and a long-term, buy-and-hold posture, using fundamental analysis and frequent recommendations of no-load, low-cost mutual funds and ETFs when appropriate. It offers portfolio analysis and periodic reviews but does not provide ongoing portfolio management, discretionary authority, custody of client assets, or charge percentage-of-assets-under-management fees; implementation is carried out by clients through their chosen brokers.
What is noteworthy for a firm of this size is its purely fee-only engagement model using hourly and fixed/retainer arrangements rather than AUM-based billing, together with an explicit policy against receiving commissions or third-party compensation. Despite operating as a small, independent practice with a limited client roster, the firm documents the use of planning software for retirement modeling, individualized plan reports, and coordination with outside tax and legal professionals as part of its advisory process.
Client services
Expertise
Fee options
Fixed or retainer fees ranging from $1,200 to $3,600 depending on nature and complexity
Hourly fee of $200 per hour
Minimum fee: Fixed fees range from $1,200 to $3,600 depending on client circumstances Fee-only: Fees are charged on an hourly basis ($200/hour) or fixed fee basis
Main office
925 W College Ave
State College PA 16801
Advisors at this office
1
Most active in
Pennsylvania
Also doing business as
Phelps Financial Advisors · Phelps, Nicholas H.
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:
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Insurance agent
They sell insurance products and may earn commissions on those sales.
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Broker-dealer / trader
They provide brokerage services and may earn transaction-based compensation in addition to advisory fees.
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Bank
They're affiliated with a bank that may offer its own financial products and services.
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Trust company
They provide trust and estate administration services, typically for separate fees.
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Fund sponsor
They manage or sponsor investment funds and may earn management or performance-based fees if clients invest in them.
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Accountant / CPA / tax prep
They offer tax and accounting services, typically for separate fees.
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Lawyer
They provide legal services, typically billed separately.
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Real estate agent
They facilitate real estate transactions and may earn commissions.
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Other specialized services
They may provide services such as pension consulting or municipal advisory work, typically for separate fees.
Forms ADV
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