# Anghel Stoian

> Anghel Stoian is a fee-only financial advisor at Efficient Market Investments in Apple Valley, Minnesota, who holds the CFP credential. Efficient Market Investments reports charging a percentage of assets, hourly fees and fixed fees on its Form ADV.

Page: https://find.wellspent.co/advisors/anghel-stoian/
Built from SEC adviser records; last checked October 30, 2026.

## Facts

- **Firm:** Efficient Market Investments
- **Based in:** Apple Valley, Minnesota
- **Fee model (firm's Form ADV):** Percentage of assets; Hourly; Fixed fees
- **Assets under management (firm):** $17.2M across 146 accounts
- **Credentials:** CFP
- **CRD:** 5737720 (https://adviserinfo.sec.gov/individual/summary/5737720)
- **SEC registration:** Investment adviser representative in MN
- **Exams passed:** Series 66 (2010)
- **Firm size:** 1 employee
- **Disclosures:** None reported

## Frequently asked questions

### Is Anghel Stoian a fee-only financial advisor?

Yes, according to SEC records as of October 29, 2026: Anghel holds no broker registration, and Efficient Market Investments reports no commissions, no broker-dealer, and no insurance sales or affiliated insurance agency on its Form ADV.

### How does Anghel charge for financial advice?

Anghel's firm, Efficient Market Investments, reports charging a percentage of assets, hourly fees and fixed fees on its SEC Form ADV.

### Where is Anghel Stoian based?

Anghel Stoian is based in Apple Valley, Minnesota.

### What credentials does Anghel Stoian hold?

Anghel Stoian holds the CFP credential.

### Is Anghel Stoian registered with the SEC?

Yes. Anghel Stoian is registered as an investment adviser representative in MN (CRD 5737720), per SEC Investment Adviser Public Disclosure data as of October 29, 2026.

### How much does Efficient Market Investments manage?

Efficient Market Investments reports $17.2M across 146 accounts in assets under management.

### How do I contact Anghel Stoian?

Contact details aren't on file yet. Search for Efficient Market Investments.

## Sources

- SEC adviser records (https://adviserinfo.sec.gov/individual/summary/5737720): the firm's Form ADV reports no commissions, no broker-dealer, and no insurance sales or affiliated insurance agency, and the advisor holds no broker registration
- SEC Investment Adviser Public Disclosure and Form ADV: registration, exams, and firm facts, data as of October 29, 2026

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Source: Wellspent, the public graph of fee-only advisors (https://find.wellspent.co). No paid placement.