Michael Chisum
Ankerstar Wealth · Leander, Texas
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.
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Specialties
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 |
| Assets under management | $146.1M across 881 accounts |
| SEC registration | Investment adviser representative in TX · CRD 7614911 |
| Exams passed | Series 65 (2022) |
| Firm size | 8 employees |
| Disclosures | None reported |
| Website | www.ankerstarwealth.com |
| Profile |
How Michael's firm compares
- A one-time plan starts at $500, below the Texas median of $1,575 for fee-only firms that publish prices.
- Ankerstar Wealth's average account is about $166,000, from its Form ADV (assets managed divided by 881 accounts).
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Questions about Michael
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.
What these terms mean: fee-only · fiduciary · CFP · CRD number · all terms
Other fee-only advisors in Leander
Other advisors in Texas who focus on retirement planning
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
- Ankerstar Wealth website : specialties, clients served, and fees, checked October 30, 2026
- 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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