Skip to main content
Fidelon

Clear Point is a investment adviser based in Richmond, VA, that holds a 82.4/100 Fidelon TransparencyScore (15th percentile among state-registered advisers), with 1 registered advisor. Score based on public SEC and FINRA filings.

82.4Transparency Score
Bottom15%
of state-registered advisers

Clear Point

A registered investment adviser with a clean regulatory record.

Richmond, VA
804-347-7082
Investment AdviserFiduciary
Prep Kit

Fidelon Fact Sheet

Clear Point LLC is a state-registered investment adviser in Richmond, VA. It used to be called First Philips LLC. It has one registered advisor. It charges fixed fees for its advice, and it can also earn commissions when it sells you a product. Its services include financial planning and portfolio management. Its record shows no customer complaints, regulatory actions or fines.

82.4StrongBottom 15% of state-registered advisers
How they're paidNo advisory commissions, but they also sell products.
fixed fees
Duty to youLegally required to put your interests first.
Registered adviser · fiduciary
Assets under managementNot reported in the firm's latest filing.
Not reported
Firm size
1 advisor
Who holds your moneyThe firm reports it does not hold client funds.
No custody reported
Regulatory recordNo customer complaints, regulatory actions, or fines on file.
Clean — 0 disclosures
Based on live filings from SEC Form ADV and FINRA BrokerCheck. Scored using Fidelon's published methodology. Data as of Feb 2026

Peer Context

National

16,818th of 19,771

state-registered advisers

Bottom 15%

State

475th of 524

state-registered advisers in VA

Bottom 9%

Local

37th of 40

state-registered advisers in Richmond, VA

Bottom 8%

Compare Clear Point to other firms in VA →Find more financial advisors in Virginia →

Key Findings

Strengths

  • Registered as investment adviser with fiduciary obligation
  • Clean regulatory record — no disclosures, arbitrations, or fines

Conflict Audit

Conflict AuditCaution

Our analysis identified 1 potential conflict of interest in regulatory filings.

✓
Not registered as broker-dealer
✓
No commissions on advisory accounts
✓
No outside compensation from related parties
✓
No related-party custodian
✓
No performance-based fees
⚠
Also sells other financial products — can earn money beyond advisory fees

Source: Form ADV Part 1, Items 6-8; Part 2A, Items 10-14

Regulatory Events

Next Steps

This firm's score reflects some areas where disclosure could improve. Here's what that means for you.
Ask an advisor about the findings
The items flagged above are worth raising directly. Pick an advisor at this firm to get a meeting prep kit with questions to ask.
Choose an Advisor →
See how other firms compare
Browse higher-rated firms in your state. A second opinion costs nothing — the score comparison might change how you think about your options.
Find Top-Rated Firms →
Look up your specific advisor
Individual advisors can score differently than their firm. Check your advisor's personal transparency score.
Find Your Advisor →

Advisor Roster

1 advisor

AdvisorScoreGrade
John Stuart Philips——

Preparing for a meeting?

Pick an advisor at this firm to get a prep kit with their fees, conflicts, track record, and the questions worth asking.

Choose an advisor

Monitor this firm

Get notified when something changes — new complaints, score movements, firm changes. Free.

Free: 1 advisor, monthly status report. Pro ($7/mo): up to 5, instant alerts, pending complaints.

Is this your profile?

Claim it to understand your TransparencyScore, see your level, and track changes over time.

Claim Profile

Frequently Asked Questions

What does the TransparencyScore measure?

The TransparencyScore measures how clearly and completely an advisor or firm discloses important information in their regulatory filings — things like fees, conflicts of interest, disciplinary history, and business practices. A higher score means better disclosure quality, not better investment performance.

Where does this data come from?

All data comes from public regulatory filings: SEC Form ADV (Parts 1, 2, and 3), FINRA BrokerCheck, and the SEC's Investment Adviser Public Disclosure (IAPD) database. These are official filings that firms and advisors are legally required to submit.

Does a low score mean they're a bad advisor?

Not necessarily. A low score means the firm's public filings are less transparent — they may use vague language about fees, skip details about conflicts, or have a more complex regulatory history. Some excellent advisors work at firms with poor disclosure practices. The score measures the filing, not the person.

How often is this data updated?

Fidelon refreshes data from SEC and FINRA sources on a regular schedule. Form ADV filings are updated annually by firms (with amendments throughout the year), and BrokerCheck data is updated as events are reported. Scores are recalculated after each data refresh.

Can an advisor or firm improve their score?

Yes. Scores are based on what's in public filings. A firm that rewrites its ADV brochure in clearer language, discloses conflicts more specifically, or resolves outstanding regulatory issues will see its score improve at the next refresh. The incentive structure is intentional.

Data Sources

SEC Form ADV Part 1 — Filed Feb 2026SEC Form ADV Part 2ASEC IAPDFINRA BrokerCheck

Scores are generated using Fidelon's published scoring methodology and reflect the quality of public disclosures, not the quality of investment advice. A firm that improves its disclosures will see its score improve. Fidelon does not provide investment advice.

Verify on SEC IAPD

Last scored: · Score version: 3.14 · CRD #132865