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CFP
MA
CFP

Michael Anderson

Maranantha Financial
18 Years of Experience
Ventura, CA
1 Disclosure
View SEC Summary
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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 Business Owners, Education Planning, Estate Planning, Financial Planning & Coaching, and 5 more. Their firm serves 61 clients with $8.7M in assets under management.

Maranantha Financial
Compensation
Fee-Only (% of Portfolio)Fixed/Hourly
Firm Size
1 advisor
Number of Clients
61 clients
Average Client Portfolio
$142K average
Assets Under Management
$8.7M

Fee Structure

Minimum Investment:None
Investment management only (planning not offered)
Portfolio-Based Fees (Tiered)
Portfolio ValueAnnual Fee
Up to $50K1.00%
$50K - $150K0.85%
$150K - $300K0.75%
$300K - $550K0.60%
$550K - $1.1M0.50%
$1.1M+0.50%

Fees for accounts over $1,050,000 are negotiable. Third-party outside manager programs charge an annual fee of 0.75%.

Fee Estimator
Your Portfolio Value
$500K
$0$500K$1M$5M$20M
Estimated Annual Fee
—
View Full SEC Brochure

Location

Ventura, CA

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History

Regulatory History (1)
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Customer Dispute
December 2015
Denied
View Full SEC ReportHow to Read Disclosures
Other 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
September 2016 - Present · 10 yrs 1 mo
Previous Registrations
Keep It Simple Financial Planning
March 2021 - September 2021 · 6 mos
Npb Financial Group, LLCBroker
September 2015 - October 2016 · 1 yr 1 mo
Unionbanc Investment Services, LLC
October 2013 - September 2015 · 1 yr 11 mos
Unionbanc Investment Services, LLCBroker
October 2013 - September 2015 · 1 yr 11 mos
Citigroup Global Markets INC.
June 2012 - November 2013 · 1 yr 5 mos
Citigroup Global Markets INC.Broker
June 2012 - November 2013 · 1 yr 5 mos
VALIC Financial Advisors, INC.
December 2010 - May 2012 · 1 yr 5 mos
VALIC Financial Advisors, INC.Broker
December 2010 - May 2012 · 1 yr 5 mos
Wells Fargo Investments, LLC
July 2008 - December 2010 · 2 yrs 5 mos
Wells Fargo Investments, LLCBroker
July 2008 - December 2010 · 2 yrs 5 mos
Wamu Investments, INC.
November 2007 - June 2008 · 7 mos
Wamu Investments, INC.Broker
October 2007 - June 2008 · 8 mos
State Registrations2 states
CAOR
Advisor

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.

Exams
No exam information available for this advisor.
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