# Michael Chisum

> Michael Chisum is a fee-only financial advisor at Ankerstar Wealth in Leander, Texas. Michael charges a percentage of assets, a flat fee or retainer and a one-time planning fee (one-time plans from $500 and 0.95% a year on the first tier of assets managed) and focuses on retirement planning, estate & legacy planning and tax planning.

Page: https://find.wellspent.co/advisors/michael-chisum/
Built from SEC adviser records and the firm's website; last checked October 30, 2026.

## Facts

- **Firm:** Ankerstar Wealth
- **Based in:** Leander, Texas
- **Fee model:** Percentage of assets; Flat fee or retainer; One-time planning fee
- **Fees (firm's website):** one-time plans from $500; 0.95% a year on the first tier of assets managed
- **Accepting new clients:** Yes (firm's website)
- **Assets under management (firm):** $146.1M across 881 accounts
- **Specialties:** Retirement planning, Estate & legacy planning, Tax planning, Small business owners
- **CRD:** 7614911 (https://adviserinfo.sec.gov/individual/summary/7614911)
- **SEC registration:** Investment adviser representative in TX
- **Exams passed:** Series 65 (2022)
- **Firm size:** 8 employees
- **Disclosures:** None reported
- **Website:** https://www.ankerstarwealth.com

## Frequently asked questions

### Is Michael Chisum a fee-only financial advisor?

Yes, according to SEC records as of October 29, 2026: Michael holds no broker registration, and Ankerstar Wealth 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 charges a percentage of assets, a flat fee or retainer and a one-time planning fee.

### How much does Michael charge?

According to Ankerstar Wealth's website, checked October 30, 2026: one-time plans from $500; 0.95% a year on the first tier of assets managed.

### Where is Michael Chisum based?

Michael Chisum is based in Leander, Texas.

### What does Michael specialize in?

Michael's specialties include retirement planning, estate & legacy planning, tax planning and small business owners.

### Is Michael Chisum registered with the SEC?

Yes. Michael Chisum is registered as an investment adviser representative in TX (CRD 7614911), per SEC Investment Adviser Public Disclosure data as of October 29, 2026.

### How much does Ankerstar Wealth manage?

Ankerstar Wealth reports $146.1M across 881 accounts in assets under management.

### How do I contact Michael Chisum?

Through Michael's website, www.ankerstarwealth.com.

## Sources

- SEC adviser records (https://adviserinfo.sec.gov/individual/summary/7614911): 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
- The firm's website (https://www.ankerstarwealth.com/): specialties, clients served, and fees, checked October 30, 2026

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