MP
Mitchell L. Phillips
STATE FARM INVESTMENT MANAGEMENT
West Jefferson, NC 28694-8579
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CRD#: 3042280
MP
Professional summary
Mitchell Lynn Phillips, who also goes by Mitch Phillips, is a registered financial advisor currently at STATE FARM INVESTMENT MANAGEMENT CORP. located in West Jefferson, North Carolina and STATE FARM VP MANAGEMENT CORP. located in West Jefferson, North Carolina.
Mitchell is registered as an IAR (Investment Advisor Representative) and RR (Registered Representative) and started their career in finance in 1998. Mitchell has worked at 2 firms and has passed the Series 65, Series 63, SIE and Series 6 exams.
Question & Answer
Are you a "fiduciary"?
Yes
Aliases
Mitch Phillips
Other business activities
Outside business activity is any business or activity undertaken by an advisor that is outside the scope of their relationship with their firm (e.g., consulting services, real estate, freelance work, teaching, etc.). Investors should stay informed about these activities to ensure no conflicts of interest.
1) M&M PROPERITIES OF NC LLP; IS INVESTMENT-RELATED; 402 GRAYBEAL AVE IN WEST JEFFERSON NC.; INVESTMENT OR COMMERCIAL PROPERTY; GENERAL PARTNER; 10/01/2002; DEVOTES 2 HOURS PER MONTH. 1 HOUR DURING SECURITIES TRADING HOURS; I DEPOSIT CHEKS AND HAVE PAYMENTS DRAFTED. THIS IS A REAL ESTATE HOLDING. I DEVOTE 8 HOURS PER MONTH TO THIS BUSINESS. 0 HOURS DURING SECURITIES TRADING HOURS. ML PHILLIPS FAMILY LIMITED PARTNERSHIP. PARTNER. 49% OWNERSHIP. START DATE 12/2000. LOCATION - 402 GARYBEAL AVE., WEST JEFFERSON, NC. REAL ESATTE HOLDING. DUTIES - PAY BILLS, MAKE DEPOSITS, BUY/SELL REAL ESTATE, RENT PROPERTY. 2) HIGH COUNTRY CONDOMINIUM ASSOCIATION; NON-INVESTMENT-RELATED; 768 WEST KING ST BOONE; OTHER; 0% PRESIDENT; 07/01/2013; 0 HR/MO; 0 HR/MO; SIGN NECCESSARY FORMS MAILED TO ME FROM THE MANAGEMENT COMPANY. 3) MEADOWVIEW CONDOMINIUM ASSOCIATON; NON-INVESETMENT-RELATED; 768 WEST KING STREET BOONE, NC 28607; OTHER-CONDO ASSOCATION; 0% PRESIDENT; 7/1/13; 0 HRS/MO; 0 HRS/MO; SIGN FORMS AS NECCESSARY PREPARED BY THE MANAGEMENT COMPANY. 4) ASHE COUNTY ROTARY CLUB; NON-INVESTMENT-RELATED; 184 W LANDING DR, JEFFERSON, NC 28640; PUBLIC SERVICE; SECRETARY 0%; 7/1/13; 1 HR/MO; 0 HRS/MO; KEEP UP WITH ATTENTANCE AND BULLETINS 5) Kingswood HOA Association; Non-Investment-Related; 768 West King Street, Boone, NC 28607; President; 7/26/2003; Other; President of the homeowners' association, consist of signing papers very occasionally, the work is done by Harold Tilley the property management company.; 0 HR/MO for both. 6) Kingswood Investments LLC; investment-related; 875 Mount Jefferson RD Ste 1, West Jefferson, NC 28694; Investment or Commercial Property; 1/1/2020; 2; 0; none. 7) Howard Street Investments, LLC; investment-related; 875 Mount Jefferson Rd STE. 1, West Jefferson, NC 28694; Investment or Commercial property; partner; 10/30/2020; 1; 0; Managing member of the LLC. 8) Mitchell Phillips's Insurance Agency; Insurance Agency; Investment-related; 875 Mount Jefferson Rd W Jefferson, NC 28694-8579; Insurance (State Farm Mutual Automobile Insurance Company and its affiliates); Owner; Agent; 3/16/1990; 80; 80; Service customers and supervise employees 9) Mitch Phillips - Property #1 (Personally Held Real Estate); Investment-related; 1469 W King St Boone NC 28607; Investment or Commercial Property; Owner; none; 1/10/1994; 1; 0; Duties 10) Mitch Phillips - Property #2 (Personally Held Real Estate); Investment-related; 115 Rogers Dr Boone, NC 28607; Investment or Commercial Property; Owner; none; 8/1/1992; 1; 0; Duties 11) Mitch Phillips - Property #3 (Personally Held Real Estate); Investment-related; 229 East King St. Boone, NC 28607; Investment or Commercial Property; Owner; none; 1/10/2023; 1; 0; Duties 12)Jefferson United Methodist Church; investment related; 115 E Main St Jefferson NC 28694; church; board member; 05/15/2024; 1;0;rovide for planning and implementing a program of nurture, outreach, witness, and resources in the local church. It shall also provide for the administration of its organization and temporal life. It shall envision, plan, implement, and annually evaluate the mission and ministry of the church". (2016 Book of Discipline, paragraph 252) ;"Provide supervision, oversight, and care of all real property owned by the local church and of all property and equipment acquired directly by the local church." (2016 Book of Discipline, paragraph 2553.1 "Shall receive and administer all bequests made to the local church; shall receive and administer all trusts; and shall invest all trust funds of the local church." (2016 Book of Discipline, paragraph 2553.5) ;Provide for "stewardship of financial resources." "Compile annually a complete budget for the local church." "Establish written financial policies to document the internal controls of the local church." (2016 Book of Discipline, paragraph 258.4);Provide support for the pastor and staff. Provide annual evaluations of the pastor and staff
CRS (Client Relationship Summary) - RIA
Click below to view Mitchell Lynn Phillips's CRS (Customer Relationship Summary).
Certified licenses
Advisors may have various certifications and credentials from different organizations. AdvisorCheck highlights these seven certifications - AIF®, CFP®, ChFC®, CFA, CLU®, CIMA®, CPWA®
NoneExperience
Current
November 8, 2022 - Present
STATE FARM INVESTMENT MANAGEMENT CORP.
Office #1: 875 Mount Jefferson Rd, West Jefferson, NC 28694-8579RIA
CRD#: 3487
West Jefferson, NC
Current
June 30, 1998 - Present
STATE FARM VP MANAGEMENT CORP.
Office #1: 875 Mount Jefferson Rd, West Jefferson, NC 28694-8579BD
CRD#: 43036
West Jefferson, NC
Primary Firm SEC Registration
This SEC-registered firm can serve clients nationwide. Some states may require the firm to submit a notice filing if the firm has more than 5 clients or a physical office there. You can view these state-level filings under the section titled "State Registrations and Notice Filings".
STATE FARM INVESTMENT MANAGEMENT CORP.
STATE FARM INVESTMENT MANAGEMENT | STATE FARM INVESTMENT MANAGEMENT CORP.
CRD#: 3487 / SEC#: 801-8184, 8-13379
RIA
Registered Investment Advisory firm - SEC (12/14/1971 Approved)BD
Terminated by SEC on 06/30/2001
State Registrations and Notice Filings
Listed states reflect where the advisor is authorized to serve clients under state regulations.
IAR
means the advisor is registered as an Investment Advisor Representative in this state and is authorized to provide investment advice to clients there.RR
indicates the advisor is registered as a Registered Representative in this state, allowing them to offer securities such as stocks, bonds, and mutual funds through a broker-dealer.Visual representation of state registrations
RR
North Carolina(11/9/2000)
IAR
North Carolina(11/8/2022)
RR
Virginia(11/19/2019)
IAR
Virginia(11/8/2022)
Exams
State Security Law Exam
State Security Law Exam
General Industry/Product Exam
General Industry/Product Exam
SRO Registrations
RR
FINRA
Current Firm
STATE FARM INVESTMENT MANAGEMENT CORP.
STATE FARM INVESTMENT MANAGEMENT | STATE FARM INVESTMENT MANAGEMENT CORP.
CRD#: 3487 / SEC#: 801-8184, 8-13379
RIA
Registered Investment Advisory firm - SEC (12/14/1971 Approved)BD
Terminated by SEC on 06/30/2001
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Contact information
Main Address
One State Farm Plaza B-2, Bloomington, IL 61710-0001
Mailing Address
Phone number
(800) 447-0740
Established
Delaware since 12/09/1966
Firm type
Corporation
Fiscal year end
November
# of Employees
150
SEC notice filing (51 States and Territories)
Direct owners and executive officers
| Name | Position | CRD# |
|---|---|---|
| STATE FARM MUTUAL AUTOMOBILE INSURANCE COMPANY | OWNER | |
| CHEVALIER, JEREL SAM | ASSISTANT SECRETARY-TREASURER | 2209892 |
| GRIMES, DAVID ROY | VICE PRESIDENT & SECRETARY | 1432710 |
| GRIZZLE, DAVID RAY | ASSISTANT SECRETARY/TREASURER | 4084087 |
| HORTON, STEPHEN LOWELL | ASSISTANT SECRETARY | 3124493 |
| JAYNES, DONALD ONEIL | ASSISTANT SECRETARY | 3124497 |
| JOSLIN, ROGER SCOTT | DIRECTOR, VICE PRESIDENT & TREASURER | 262350 |
| KILLIAN, JOHN JOSEPH | DIRECTOR | 2614915 |
| MOORE, DAVID MICHAEL | ASSISTANT SECRETARY | 2876793 |
| MOSER, KURT GEORGE | DIRECTOR & SENIOR VICE PRESIDENT | 2065254 |
| RUST, EDWARD BARRY JR | DIRECTOR AND PRESIDENT | 1450795 |
| THOMAS, HOWARD ANDREW | ASSISTANT SECRETARY-TREASURER | 3150520 |
| TIPSORD, MICHAEL LEON | ASSISTANT SECRETARY | 1943922 |
| TROSINO, VINCENT JOSEPH | DIRECTOR | 1780681 |
Regulatory assets under management
| Total Number of Accounts | 38 |
| AUM (Assets Under Management) | $ 11,294,815,444 |
Red Flags
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Company Information
STATE FARM INVESTMENT MANAGEMENT CORP.
CRD#: 3487West Jefferson, NC 28694-8579TRUST BUT VERIFY
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