Jake Phillips
Deputy White House Counsel, Legal Adviser to the National Security Council, Deputy Assistant to the President
Observations
- Millionaire
Estimated Net Worth
- $4.9 M - $12.3 M
Salary
- Unknown
Employment
- Started 02/04/2022
Records
Financial Disclosure Details - OGE Form 278e (03/07/2022)
Positions Held Outside United States Government
# | Organization | City | Position | To |
|---|---|---|---|---|
1 | Arlington, Virginia | Vice President and Assistant General Counsel | 2/2022 |
Employment Assets & Income and Retirement Accounts
# | Description | Value | Income Type | Income Amount |
|---|---|---|---|---|
1 | The Boeing Company, restricted stock units | None (or less than $1,001) | Income amount reflects value of restricted stock units distributed to filer upon separation from Boeing. | $1,285,327 |
2 | The Boeing Company | Salary/Bonus | $1,261,638 | |
3 | The Boeing Company, 401(k) Plan | |||
3.1 | Balanced Index Fund | $15,001 - $50,000 | None (or less than $201) | |
3.2 | S&P 500 Index Fund | $500,001 - $1,000,000 | None (or less than $201) | |
3.3 | International Index Fund | $100,001 - $250,000 | None (or less than $201) | |
3.4 | Russell 2000 Index Fund | $250,001 - $500,000 | None (or less than $201) | |
3.5 | International Companies Fund | $1,001 - $15,000 | None (or less than $201) | |
4 | Boeing Executive Supplemental Savings Plan | None (or less than $1,001) | Income amount reflects payout of plan balance upon separation from Boeing. | $609,904 |
5 | The Boeing Company | Payout of unused PTO at time of separation. | $93,230 |
Employment Agreements and Arrangements
# | Employer Or Party | City | Status And Terms | Date |
|---|---|---|---|---|
1 | Arlington, Virginia | Pursuant to a standard separation agreement consistent with prior practice with my former employer signed prior to my assuming the duties of my government position, I received the following after separating from the company: (1) unvested RSUs vested on a pro rata basis, based on time of service during the vesting period; (2) the balance of the Executive Supplemental Savings Plan; and (3) annual bonus for 2021. | 2/2022 | |
2 | Chicago, Illinois | I will continue to participate in this defined contribution plan; however plan sponsor will not make contributions after my separation. | 2/2009 |
Sources of Compensation Exceeding $5,000 in a Year
# | Source | City | Duties |
|---|---|---|---|
1 | Arlington, Virginia | Provided legal services. |
Spouse's Employment Assets & Income and Retirement Accounts
# | Description | Value | Type | Amount |
|---|---|---|---|---|
1 | Hostetter Strent LLC | Partnership share | ||
2 | 401(k) Account | None (or less than $201) | ||
2.1 | New World Fund, Inc Class R6 Shares (RNWGX) | $15,001 - $50,000 | None (or less than $201) | |
2.2 | Vanguard International Growth Fund Admiral Shares (VWILX) | $100,001 - $250,000 | None (or less than $201) | |
2.3 | Nationwide Geneva Small Cap Growth Fund Institutional Service Class Shares (NWKDX) | $50,001 - $100,000 | None (or less than $201) | |
2.4 | Victory Sycamore Established Value Fund Class I Shares (VEVIX) | $15,001 - $50,000 | None (or less than $201) | |
2.5 | JPMorgan Equity Income Fund Class R5 Shares (OIERX) | $50,001 - $100,000 | None (or less than $201) | |
2.6 | Putnam Growth Opportunities Fund Class Y Shares (PGOYX) | $100,001 - $250,000 | None (or less than $201) | |
2.7 | Baird Core Plus Bond Fund Institutional Class Shares (BCOIX) | $1,001 - $15,000 | None (or less than $201) | |
3 | Hostetter Strent, LLC Capital Account | $100,001 - $250,000 | None (or less than $201) |
Other Assets and Income
# | Description | Value | Type | Amount |
|---|---|---|---|---|
1 | U.S. bank #1 (cash) | $50,001 - $100,000 | None (or less than $201) | |
2 | SPDR Dow Jones Industrial Average ETF Trust (DIA) | $50,001 - $100,000 | $201 - $1,000 | |
3 | Fidelity Total Market Index Fund (FSKAX) | $250,001 - $500,000 | $2,501 - $5,000 | |
4 | IBN (ICICI Bank Limited) | $15,001 - $50,000 | None (or less than $201) | |
5 | Schwab US Broad Market ETF (SCHB) | $50,001 - $100,000 | $201 - $1,000 | |
6 | Schwab US Dividend Equity ETF (SCHD) | $100,001 - $250,000 | $2,501 - $5,000 | |
7 | Schwab US Large-Cap ETF (SCHX) | $1,001 - $15,000 | None (or less than $201) | |
8 | SPDR S&P 500 ETF Trust (SPY) | $100,001 - $250,000 | $1,001 - $2,500 | |
9 | Fidelity Contrafund (FCNTX) | $100,001 - $250,000 | None (or less than $201) | |
10 | Fidelity 500 Index Fund (FXAIX) | $15,001 - $50,000 | $201 - $1,000 |
Transactions
# | Description | Type | Date | Amount |
|---|---|---|---|---|
Nothing reported in this section | ||||
Liabilities
# | Creditor | Amount | Incurred | Term |
|---|---|---|---|---|
1 | Fidelity VISA | $15,001 - $50,000 | 2021 | revolving |
2 | EdFinancial Services | $15,001 - $50,000 | 2003 | 30 years |
3 | Nelnet | $15,001 - $50,000 | 2005 | 30 years |
Gifts and Travel Reimbursements
# | Source Name | City | Description | Value |
|---|---|---|---|---|
Nothing reported in this section | ||||
Endnotes
Section | # | Description |
|---|---|---|
2 | 2 | Income amount reflects all compensation for 2021 and 2022 prior to separation, including salary, bonus and value of vested stock grants distributed in 2021 (at the time of their vesting). |
2 | 4 | Income amount reflects payout of Boeing Executive Supplemental Savings Plan balance upon separation from Boeing employment. |
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