Anchor Point Financial is an investment advisory firm founded in 2024 and owned by Joel Askew. The firm offers personalized investment management and financial planning services tailored to individuals, families, trusts, charitable organizations, foundations, businesses, and retirement plans. Anchor Point Financial uses fundamental analysis to evaluate individual equities and may also employ technical analysis when designing portfolios. The firm requires discretionary authority to make investment decisions on behalf of clients, allowing them to buy and sell securities without prior approval for each trade, though clients can request reasonable written restrictions. Anchor Point Financial does not charge performance-based fees and does not participate in wrap fee programs.
Fee Structure
Portfolio-Based Fees (Tiered)
| Portfolio Value | Annual Fee |
|---|---|
| Up to $2.0M | 1.25% |
| $2.0M - $5.0M | 1.00% |
| $5M+ | 0.75% |
Assets managed that are held outside the firm's selected custodian are charged a 2% annualized fee. Fees are negotiable at the sole discretion of the firm.