Michael Anderson is a registered investment advisor at Hi-Line Capital Management, LLC, based in Watertown, SD, with 16 years of industry experience. Michael operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Investment Management. Their firm serves 128 clients with $760M in assets under management.

Compensation
Fee-Only (% of Portfolio)
Firm Size
2 advisors
Number of Clients
128 clients
Average Client Portfolio
$5.9M average
Assets Under Management
$756.6M

Fee Structure

Investment management only (planning not offered)

Hi-Line Capital Management (HLCM) offers investment advisory services where fees range from 0.25% to 0.75% annually. The fees are based on the scope of services, the amount of assets managed, and the overall relationship with HLCM. Fees are paid monthly at the end of each month.

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Location

109 1st Ave Se, Watertown, SD, 57201

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History

Regulatory History
Clean regulatory record

No disclosures, customer disputes, or regulatory actions on file.

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Employment History
Current Registrations
Hi-Line Capital Management, LLC
July 2009 - Present · 16 yrs 9 mos
State Registrations2 states
NESD
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.