Michael Anderson is a CFP-designated registered investment advisor at Maranantha Financial, based in Ventura, CA, with 18 years of industry experience. Michael operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Estate Planning, Investment Management, Retirement Planning, Tax Planning. Their firm serves 55 clients with $7M in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Portfolio-Based Fees (Tiered)
| Portfolio Value | Annual Fee |
|---|---|
| Up to $50K | 1.00% |
| $50K - $150K | 0.85% |
| $150K - $300K | 0.75% |
| $300K - $550K | 0.60% |
| $550K - $1.1M | 0.50% |
| $1.1M+ | 0.50% |
Fees negotiable for accounts over $1,050,000.
Fee Estimator
Location
Ventura, CA
Get directionsHistory
Regulatory History (1)
Customer Dispute
December 2015Other Business Activities
Michael provides financial planning services to Registered Investment Advisers as an independent contractor and owns Maranantha Financial, providing investment advisory services. He also teaches part-time at Ventura County Community College district, dedicating minimal time to this.
Employment History
Current Registrations
Maranantha Financial
Previous Registrations
Keep It Simple Financial Planning
Npb Financial Group, LLCBroker
Unionbanc Investment Services, LLC
Unionbanc Investment Services, LLCBroker
Citigroup Global Markets INC.
Citigroup Global Markets INC.Broker
VALIC Financial Advisors, INC.
VALIC Financial Advisors, INC.Broker
Wells Fargo Investments, LLC
Wells Fargo Investments, LLCBroker
Wamu Investments, INC.
Wamu Investments, INC.Broker
State Registrations2 states
You can work with an advisor not registered in your state. Most advisors can legally serve a small number of clients across state lines without registering.