Philip Amos: Magis Advisor Receives Suitability Complaint

Avon, Ohio financial advisor Philip Amos (CRD# 3262155) recently received an investor complaint alleging that his advice resulted in losses. Financial Industry Regulatory Authority records show that he is registered as a broker with Kestra Investment Services and an investment advisor with Kestra Advisory Services, doing business as Magis Advisory Services.

Mr. Amos’s BrokerCheck report discloses one investor complaint. Filed in February 2024, it alleges that as a representative of Kestra Investment Services, he recommended unsuitable investments in unspecified direct participation programs. The pending complaint alleges damages of at least $5,000.

Magis Advisory Services’ website includes a profile of Mr. Amos that describes him as the firm’s co-founder. “Philip provides management and coordination of private financial affairs including wealth management, estate planning, and insurance brokerage,” it explains. “Philip is a rare mix of the seasoned professional and the fresh, eager entrepreneur who thrives on serving clients at all financial stages of life. Oversight of the entire financial cycle, including wealth accumulation, preservation, and distribution requires an expert.”

According to the Financial Industry Regulatory Authority, Philip Amos holds 24 years of securities industry experience. Based in Avon, Ohio, he has been registered as a broker with Kestra Investment Services since 2006 and an advisor with Kestra Advisory Services since 2016, doing business as Magis Advisory Services. His past registrations include NFP Advisor Services (Sheffield Village, Ohio; 2006-2016), Lincoln Financial Advisors Corporation (Fort Wayne, Indiana; 2002-2006), Northwestern Mutual Investment Services (Milwaukee, Wisconsin; 2001-2002), and Robert W. Baird & Company (Milwaukee, Wisconsin; 1999-2002). His credentials include the passage of five securities industry qualifying exams: the General Securities Principal Examination, or Series 24; the General Securities Sales Supervisor – General Module Examination, or Series 10; the General Securities Representative Examination, or Series 7; the Securities Industry Essentials Examination, or SIE; and the Uniform Combined State Law Examination, or Series 66. He holds 24 state licenses. (Information current as of March 30, 2024.)

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