Finding a Top Financial Advisor Firm in Anaheim, California
Even in a city like Anaheim, California, where there aren’t a ton of financial advisor firms to choose from, it can be tough to pinpoint the one for you. To make your life easier, SmartAsset tallied up every option in the city and took a deep dive into which types of investors they are best suited for. To help you differentiate, we have laid out each firm’s fee structure, services, account minimums and more. The SmartAsset financial advisor matching tool can even further simplify the decision process by connecting you with nearby advisors.
|Rank||Financial Advisor||Assets Managed||Minimum Assets||Financial Services||More Information|
|1||Chatterton & Associates, The Wealth Management Team, Inc. Find an Advisor||$853,471,244||$200,000|| || |
|2||Jack Keeter & Associates, Inc. Find an Advisor||$115,829,666||$250,000|| || |
How We Found the Top Financial Advisor Firms in Anaheim, California
In order to receive consideration for placement on this list, firms had to meet two distinct requirements. First, they needed to have a principal address in Anaheim, California. But only if they were also registered with the U.S. Securities and Exchange Commission (SEC) did they become eligible for this list. Firms that did not have financial planning, did not manage individual accounts or had disciplinary issues on file with the SEC were also removed from contention. Based on the above preconditions, these are the top two financial advisor firms in Anaheim listed from the most assets under management (AUM) to the least.
All information is accurate as of the writing of this article.
Chatterton & Associates, The Wealth Management Team, Inc.
Chatterton & Associates, The Wealth Management Team, Inc. is a sizable firm in a city that doesn’t boast much competition. But even with hundreds of millions in assets under management (AUM), the firm has a small team of advisors. Within this group, you’ll find three certified financial planners (CFPs), four chartered financial consultants (ChFCs) and one chartered special needs consultant (ChSNC).
The other firm on this list, Jack Keeter & Associates, Inc. has a fee structure consisting of a combination of a fee based on your AUM, hourly rates and other fixed fees. Chatterton separates itself from this typical setup by only charging you a percentage of your AUM. Its account minimum is also just $200,000, possibly explaining why the individual client base at this firm is over 80% non-high-net-worth individuals.
As a fee-based firm, Chatterton & Associates makes money from more than just client fees. More specifically, it has certain employees who make commissions off the sale of insurance products to clients.
Chatterton & Associates, The Wealth Management Team Background
Head financial planner Robert D. Chatterton indepently owns and runs Chatterton & Associates, The Wealth Management Team, Inc. The firm opened its doors for business in 2004.
Rather than employ a cookie-cutter approach to investment and wealth management, this firm chooses to customize everything it does to the client. That means that while it can handle retirement, taxes and other major financial areas of focus, it doesn’t predetermine what it will do before speaking with you.
Chatterton & Associates, The Wealth Management Team Investing Strategy
While Chatterton & Associates doesn’t preclude itself from investing client assets into individual stocks and bonds, it does prefer to invest in markets and industries. This is done mostly through index funds, asset allocation funds, real estate funds, high yield bond funds, international funds and emerging market funds.
But because this firm doesn’t shy away from using international investments, its evaluation process must be thorough. To ensure this is the case, Chatterton claims to utilize proprietary market research done by its own advisors and analysts, outside economic research, annual reports, company press releases, mutual fund market insights and corporate rating services.
Jack Keeter & Associates, Inc.
When it comes to the individual clientele that work with Jack Keeter & Associates, Inc., there’s fewer than one high-net-worth client for every 10 non-high-net worth counterparts. Aside from individuals, the firm also works with pension and profit-sharing plans and businesses, giving it a rather small and concentrated typical client base.
An advisory staff of just six works at this firm, and they have no special financial certifications. The minimum amount you’ll need to open an account with Keeter is $250,000.
This firm employs advisors that may make commissions if they sell insurance products to clients. That make it a fee-based operation, as opposed to fee-only, which eliminates outside styles of employee compensation.
Jack Keeter & Associates Background
Having been around since just 2011, Jack Keeter & Associates, Inc. is relatively new to the financial advisor landscape. It is 100% owned by principal Jack Keeter, who has spent around 20 years in the financial services business.
There are a number of different services you can get at this firm, including:
- Retirement planning
- Investment management/planning
- Estate planning
- Debt analysis
- Insurance review
- Business financial planning
- Tax planning
- Education cost planning
Jack Keeter & Associates Investing Strategy
In general, Jack Keeter & Associates is interested in growing client assets on a long-term scale, but it isn’t opposed to using some short-term strategies along the way. For example, its advisors believe that purchasing securities with the mindset that they’ll be sold within a year allows you to take advantage of bursts of financial gain too.
Supporting this is a principle of fundamental analysis, which the firm utilizes to help select short-term investment opportunities. This ideology combines the state of the market with the current financial state of the company whose stock you might purchase to develop a holistic view of the quality of the security.