Efinancial Alliance provides financial planning, portfolio management for individuals and small businesses, pension consulting, business succession planning, divorce planning, education planning, estate planning, insurance, and tax planning. Financial planning was provided to 101–250 clients last fiscal year.
Efinancial Alliance reports 212 clients. They include 123 individual clients, 85 high-net-worth individuals and 4 charitable organizations. Of its assets, 100.0% ($292M across 873 accounts) are managed with discretion.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 58% | 85% |
| High-net-worth individuals | 40% | 15% |
| Charitable organizations | 2% | <1% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 123 | $247M | 84.6% | $2.01M |
| High-net-worth individuals | 85 | $42.5M | 14.6% | $500K |
| Charitable organizations | 4 | $2.26M | 0.8% | $566K |
| Total | 212 | $292M | 100% | $1.38M |
- Clients
- 123
- Regulatory AUM
- $247M
- AUM share
- 84.6%
- Avg. per client
- $2.01M
- Clients
- 85
- Regulatory AUM
- $42.5M
- AUM share
- 14.6%
- Avg. per client
- $500K
- Clients
- 4
- Regulatory AUM
- $2.26M
- AUM share
- 0.8%
- Avg. per client
- $566K
Total
- Clients
- 212
- Regulatory AUM
- $292M
- AUM share
- 100%
- Avg. per client
- $1.38M
- Clients outside the U.S.
- 0%
- Clients advised without assets under management last fiscal year
- 0
- Private funds advised
- 0
- Financial planning clients last fiscal year
- 101–250
Efinancial Alliance charges 0.50%–1.95% a year for its Portfolio Management Services. Each asset band is charged at its own rate. The fee is billed in advance and is negotiable. The brochure also prices 2 other services, listed under fee details.
| Asset band | Annual rate |
|---|---|
| $0–$100K | 1.95% |
| $100K–$250K | 1.25% |
| $250K–$1M | 1.00% |
| $1M–$2.5M | 0.85% |
| $2.5M–$10M | 0.65% |
| $10M and above | 0.50% |
Fee details and sources
Other fees
- Corporate Qualified Plan Services
- Plan services are billed hourly at $295, as flat fees, or as an annual percentage of plan assets of 1.00%, negotiable by plan size.
- Financial Planning
- Financial planning is billed hourly at $295 an hour, or as a fixed fee of $5,000 to $10,000 for more complex situations; both are negotiable.
Mitchell Anderson owns 75% or more of Efinancial Alliance. The leadership team of Efinancial Alliance includes Chief Compliance Officer Mitchell Anderson. It has 5 employees, 3 of them in advisory roles.
Staff
- 5 employees
- 3 in advisory functions
- 3 state-registered reps
- Owns 75% or more of Efinancial Alliance, LLC
Mitchell Anderson
Control person · since February 2012
- Owns 25% to 50% of Efinancial Alliance, LLC
Destin Tompkins
Control person · since February 2015
Efinancial Alliance’s regulatory assets grew 2.4× from $123M (May 2023) to $292M (April 2026); clients rose from 167 to 212 and employees from 4 to 5.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | StaffEmployees | Offices |
|---|---|---|---|---|
| Apr 2026April 2026 | $292M | 212 | 5 | 1 |
| Feb 2025February 2025 | $226M | 104 | 4 | 1 |
| Mar 2024March 2024 | $196M | 197 | 6 | 2 |
| May 2023May 2023 | $123M | 167 | 4 | 2 |
Besides its headquarters, Efinancial Alliance has 0 offices, with 1 listed address in 1 state.
Tennessee · 1 listed address
- 840 Crescent Centre DR., Suite 600, FranklinHQ
Contact and registration details
- Legal name
- Efinancial Alliance, LLC
- Headquarters
- 840 Crescent Centre DR., Suite 600, Franklin, TN 37067
- Website
- efinancialalliance.com
- Phone
- 615-224-8534
- SEC file
- 801-127547
- Founded
- 2012
- Structure
- Tennessee LLC
- Fiscal year end
- December
Efinancial Alliance’s named custodians for separately managed accounts are Charles Schwab ($259M, 89%) and Altruist ($32.7M, 11%). Efinancial Alliance does not have custody of client assets.
- Charles SchwabCharles Schwab & Co., Inc. · Westlake, TX · $259M89%
- AltruistAltruist Financial LLC · Culver City, CA · $32.7M11%
At year end, Efinancial Alliance’s separately managed accounts were mostly in funds (70%) and bonds (18%).
What the accounts hold
- Stocks11%
- Funds70%
- Bonds18%
- Investment grade corporate bonds10%
- U.S. government and agency bonds5%
- High-yield corporate bonds2%
- State and local bonds1%
- Cash1%
How many clients does Efinancial Alliance have?
Efinancial Alliance has 212 clients and manages $292 million for them, as of April 2026. They include 123 individual clients, 85 high-net-worth individuals and 4 charitable organizations.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 16 April 2026
What services does Efinancial Alliance offer?
Efinancial Alliance provides financial planning, portfolio management for individuals and small businesses, pension consulting, business succession planning, divorce planning, education planning, estate planning, insurance, and tax planning.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file; Part 2A brochure, Item 4
How much does Efinancial Alliance charge?
Efinancial Alliance charges 0.50%–1.95% a year for its Portfolio Management Services. Each asset band is charged at its own rate. The fee is billed in advance and is negotiable.
Source: EFINANCIAL ALLIANCE, LLC ADV PART 2A/PART 2BS, filed 16 April 2026
Which custodians does Efinancial Alliance use?
Efinancial Alliance’s separately managed account assets are held at Charles Schwab & Co., Inc. (Westlake, TX), with $259M and Altruist Financial LLC (Culver City, CA), with $32.7M. 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 April 2026
How many financial advisors does Efinancial Alliance have?
Efinancial Alliance has 3 investment adviser representatives registered with state securities authorities, out of 5 employees, and 3 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 Efinancial Alliance invest in?
At the end of its last fiscal year, Efinancial Alliance’s separately managed accounts held 70% registered funds (mutual funds, ETFs, BDCs), 11% non-exchange-traded equities, 10% investment grade corporate bonds, 5% U.S. government and agency bonds, 2% high-yield corporate bonds, 1% state and local bonds and 1% cash and equivalents.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Efinancial Alliance?
Efinancial Alliance’s direct owners are Mitchell Anderson (75% or more) and Destin Tompkins (25% to 50%).
Source: Form ADV Part 1A, Schedules A and B, filed 16 April 2026
How does Efinancial Alliance get paid?
Efinancial Alliance is paid through a percentage of assets under management, hourly charges and fixed fees. 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 Efinancial Alliance?
Efinancial Alliance’s main office is at 840 Crescent Centre DR., Suite 600, Franklin, TN 37067. Its phone number is 615-224-8534. Its website is efinancialalliance.com.