Margaret Anderson
Margaret Anderson is a registered investment advisor at Summit Financial, LLC, based in Millersville, MD, with 23 years of industry experience. Margaret operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Education Planning, Estate Planning, Financial Planning & Coaching, High Net Worth, and 3 more. Their firm serves 9,865 clients with $15B in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Summit Financial offers various investment management programs. Financial advisors set their own advisory fees, but the maximum advisory fee for all programs is 1.50%. Clients in certain programs may also pay a program fee. Clients invested in the Tax-Deferred Strategies Portfolios are charged a monthly platform fee of $20/month by Nationwide, plus a "Low Cost Fund Platform Fee" up to 0.35% annually. Fees are negotiable.
Location
Millersville, MD
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Regulatory History (1)
Customer Dispute
June 2009Other Business ActivitiesSells Insurance
Margaret offers insurance as a broker or agent through numerous insurance companies, including SRM, an affiliated company. She earns both cash and non-cash compensation based on sales of these products.
Employment History
Current Registrations
Summit Financial, LLC
Previous Registrations
Symphonic Securities LLCBroker
Symphonic Financial Advisors LLC
Banc of America Investment Services, INC.
Banc of America Investment Services, 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.