Anchor Point Financial provides portfolio management for individuals and small businesses.
Anchor Point Financial reports 171 clients. They include 119 individual clients and 52 high-net-worth individuals. Of its assets, 100.0% ($174M across 599 accounts) are managed with discretion. It advised 1 client without assets under management last fiscal year.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 70% | 13% |
| High-net-worth individuals | 30% | 87% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 119 | $22.1M | 12.7% | $185K |
| High-net-worth individuals | 52 | $152M | 87.3% | $2.91M |
| Total | 171 | $174M | 100% | $1.02M |
- Clients
- 119
- Regulatory AUM
- $22.1M
- AUM share
- 12.7%
- Avg. per client
- $185K
- Clients
- 52
- Regulatory AUM
- $152M
- AUM share
- 87.3%
- Avg. per client
- $2.91M
Total
- Clients
- 171
- Regulatory AUM
- $174M
- AUM share
- 100%
- Avg. per client
- $1.02M
- Clients outside the U.S.
- 0%
- Clients advised without assets under management last fiscal year
- 1
- Private funds advised
- 0
Anchor Point Financial charges 0.75%–1.25% a year for its Fee Schedule. The whole portfolio is charged at the rate of its band. The fee is billed in advance and is negotiable. The brochure also prices one other service, listed under fee details.
| Asset band | Annual rate |
|---|---|
| $0–$2M | 1.25% |
| $2M–$5M | 1.00% |
| $5M and above | 0.75% |
Fee details and sources
Other fees
- Held-Away Assets
- Assets managed that are held outside the firm's selected custodian are charged a 2% annualized fee.
Joel Askew owns 75% or more of Anchor Point Financial. It has 1 employee.
Leadership
Joel AskewCCO/Managing Member
Investment adviser representatives
1 representatives listed in the SEC register as of 9 October 2026.
Staff
- 1 employee
- 1 in advisory functions
- 1 state-registered rep
- Owns 75% or more of Anchor Point Financial LLC
Joel Askew
Control person · since December 2024
Anchor Point Financial’s regulatory assets fell from $186M (April 2025) to $174M (February 2026); clients rose from 144 to 171 and employees were 1 in both filings.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | Employees | Offices |
|---|---|---|---|---|
| February 2026 | $174M | 171 | 1 | 1 |
| April 2025 | $186M | 144 | 1 | 1 |
Besides its headquarters, Anchor Point Financial has 0 offices, with 1 listed address in California.
California · 1 listed address
- 10000 Stockdale Highway Suite 103, BakersfieldHQ
Contact and registration details
- Legal name
- Anchor Point Financial LLC
- Headquarters
- 10000 Stockdale Highway Suite 103, Bakersfield, CA 93311
- Website
- anchorpoint.financial
- Phone
- 661-484-7712
- SEC file
- 801-131927
- Structure
- California LLC
- Fiscal year end
- December
Anchor Point Financial uses Charles Schwab ($18M) as custodian for its separately managed accounts. Anchor Point Financial does not have custody of client assets.
- Charles SchwabCharles Schwab & Co., Inc. · Westlake, TX · $18M100%
At year end, Anchor Point Financial’s separately managed accounts were mostly in funds (61%) and stocks (30%).
What the accounts hold
- Stocks30%
- Funds61%
- Bonds2%
- Cash5%
- Other2%
- Private equity/private debt2%
How many clients does Anchor Point Financial have?
Anchor Point Financial has 171 clients and manages $174 million for them, as of February 2026. They include 119 individual clients and 52 high-net-worth individuals.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 16 February 2026
What services does Anchor Point Financial offer?
Anchor Point Financial provides portfolio management for individuals and small businesses.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
How much does Anchor Point Financial charge?
Anchor Point Financial charges 0.75%–1.25% a year for its Fee Schedule. The whole portfolio is charged at the rate of its band. The fee is billed in advance and is negotiable.
Which custodians does Anchor Point Financial use?
Anchor Point Financial’s separately managed account assets are held at Charles Schwab & Co., Inc. (Westlake, TX), with $18M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 16 February 2026
How many financial advisors does Anchor Point Financial have?
Anchor Point Financial has 1 investment adviser representative registered with state securities authorities, out of 1 employees, and 1 perform investment advisory functions. None are registered representatives of a broker-dealer or licensed insurance agents.
Source: Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file
What does Anchor Point Financial invest in?
At the end of its last fiscal year, Anchor Point Financial’s separately managed accounts held 61% registered funds (mutual funds, ETFs, BDCs), 30% exchange-traded equities, 5% cash and equivalents, 2% U.S. government and agency bonds and 2% other. The 2% other category is described as: Private Equity/Private Debt.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Anchor Point Financial?
Anchor Point Financial’s direct owner is Joel Askew (75% or more).
Source: Form ADV Part 1A, Schedules A and B, filed 16 February 2026
How does Anchor Point Financial get paid?
Anchor Point Financial is paid through a percentage of assets under management. Its Form ADV lists no commissions or performance-based fees among how it is paid.
Source: Form ADV Part 1A, Item 5.E, from the SEC's 2 October 2026 data file
How do I contact Anchor Point Financial?
Anchor Point Financial’s main office is at 10000 Stockdale Highway Suite 103, Bakersfield, CA 93311. Its phone number is 661-484-7712. Its website is anchorpoint.financial.