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Advisor

Michael Anderson

Hi-Line Capital Management · Watertown, South Dakota

Michael Anderson is a fee-only financial advisor at Hi-Line Capital Management in Watertown, South Dakota. Hi-Line Capital Management reports charging a percentage of assets on its Form ADV.

Percentage of assets Fee-only

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Facts

FirmHi-Line Capital Management
Based in Watertown, South Dakota
Fee model (firm's Form ADV)Percentage of assets
Assets under management$756.6M across 225 accounts
SEC registration Investment adviser representative in SD · CRD 5640014
Exams passedSeries 65 (2009)
Firm size5 employees
Disclosures None reported
Websitehi-linecapital.com
LinkedInProfile

How Michael's firm compares

  • Hi-Line Capital Management's average account is about $3.4 million, from its Form ADV (assets managed divided by 225 accounts).

What fee-only advisors charge

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Questions about Michael

Is Michael Anderson a fee-only financial advisor?

Yes, according to SEC records as of October 29, 2026: Michael holds no broker registration, and Hi-Line Capital Management reports no commissions, no broker-dealer, and no insurance sales or affiliated insurance agency on its Form ADV.

How does Michael charge for financial advice?

Michael's firm, Hi-Line Capital Management, reports charging a percentage of assets on its SEC Form ADV.

Where is Michael Anderson based?

Michael Anderson is based in Watertown, South Dakota.

Is Michael Anderson registered with the SEC?

Yes. Michael Anderson is registered as an investment adviser representative in SD (CRD 5640014), per SEC Investment Adviser Public Disclosure data as of October 29, 2026.

How much does Hi-Line Capital Management manage?

Hi-Line Capital Management reports $756.6M across 225 accounts in assets under management.

How do I contact Michael Anderson?

Through Michael's website, hi-linecapital.com.

What these terms mean: fee-only · fiduciary · CFP · CRD number · all terms

Where this information comes from

  • SEC adviser records : 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 : registration, exams, and the firm's Form ADV, data as of October 29, 2026
  • Directory listing last checked October 30, 2026.

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