{"url":"https://nivawealth.com/firms/efinancial-alliance-161352","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/161352","regulatoryAum":291884556,"crd":"161352","adviserRoster":{"asOf":"2026-10-09","items":[{"crd":"5932254","suffix":null,"lastName":"ANDERSON","firstName":"MITCHELL","middleName":"KEVIN"},{"crd":"7887323","suffix":null,"lastName":"Barr","firstName":"Christian","middleName":"Joseph"},{"crd":"4849475","suffix":null,"lastName":"PHILLIPS","firstName":"FREDERICK","middleName":"ALLAN"},{"crd":"4617598","suffix":null,"lastName":"TOMPKINS","firstName":"DESTIN","middleName":"MICHAEL"}],"total":4,"loadedAt":"2026-10-10T00:20:19.761928+00:00","sourceUrl":"https://reports.adviserinfo.sec.gov/reports/CompilationReports/IA_INDVL_Feed_10_09_2026.xml.zip"},"history":[{"filedOn":"2023-05-16","regulatoryAum":123000000,"clients":167,"employees":4,"offices":2},{"filedOn":"2024-03-08","regulatoryAum":196000000,"clients":197,"employees":6,"offices":2},{"filedOn":"2025-02-07","regulatoryAum":225764268,"clients":104,"employees":4,"offices":1},{"filedOn":"2026-04-16","regulatoryAum":291884556,"clients":212,"employees":5,"offices":1}],"secFileNumber":"801-127547","legalName":"Efinancial Alliance, LLC","displayName":"Efinancial Alliance","slug":"efinancial-alliance-161352","website":"https://efinancialalliance.com/","classification":{"segment":"individuals","segmentLabel":"Wealth management","type":"independent_wealth_manager","typeLabel":"RIA","feeDisclosure":"full"},"founded":"2012","organization":"Tennessee limited liability company","fiscalYearEnd":"December","headquarters":{"street":"840 Crescent Centre DR., Suite 600","city":"Franklin","state":"TN","stateName":"Tennessee","country":"United States","postalCode":"37067"},"tradeNames":[],"registration":{"secApproved":"4 April 2023","noticeFilings":null,"latestNoticeFiling":null},"wealthAumPerClient":1392406.5192307692,"staff":{"employees":5,"advisory":3,"brokerDealerReps":0,"insuranceAgents":0,"promoters":0},"aum":{"regulatory":291884556,"discretionary":291884556,"discretionaryAccounts":873,"nonDiscretionary":0,"nonDiscretionaryAccounts":0,"wrapProgram":null,"nonUsClientsPct":0,"nonAumClients":0},"clientTypes":[{"label":"Individuals (other than HNW)","clients":123,"regulatoryAum":247080270},{"label":"High-net-worth individuals","clients":85,"regulatoryAum":42540286},{"label":"Charitable organizations","clients":4,"regulatoryAum":2264000}],"feePrograms":[{"role":"main","program":"Portfolio Management Services","feeBasis":"marginal","fee_tiers":[{"to":100000,"pct":1.95,"from":0},{"to":250000,"pct":1.25,"from":100000},{"to":1000000,"pct":1,"from":250000},{"to":2500000,"pct":0.85,"from":1000000},{"to":10000000,"pct":0.65,"from":2500000},{"to":null,"pct":0.5,"from":10000000}],"sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1041707","versionId":1041707,"ratePeriod":"annual","fee_billing":"advance","submittedOn":"2026-04-16","documentName":"EFINANCIAL ALLIANCE, LLC ADV PART 2A/PART 2BS","fee_rate_low":0.5,"fee_rate_high":1.95,"fee_negotiable":true,"minimum_account":null,"feeMinimumPeriod":null,"fee_minimum_annual":null},{"role":"other","program":"Corporate Qualified Plan Services","summary":"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.","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1041707","versionId":1041707,"submittedOn":"2026-04-16","documentName":"EFINANCIAL ALLIANCE, LLC ADV PART 2A/PART 2BS"},{"role":"other","program":"Financial Planning","summary":"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.","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1041707","versionId":1041707,"submittedOn":"2026-04-16","documentName":"EFINANCIAL ALLIANCE, LLC ADV PART 2A/PART 2BS"}],"brochureCoverage":{"scope":"sec_inventory","status":"reviewed","checkedAt":"2026-10-22T14:29:30.39924+00:00","documents":[{"name":"EFINANCIAL ALLIANCE, LLC ADV PART 2A/PART 2BS","status":"read","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1041707","versionId":1041707,"submittedOn":"2026-04-16"}]},"custodians":[{"name":"Charles Schwab & Co., Inc.","shortName":"Charles Schwab","location":"Westlake, TX","smaAssets":259197804},{"name":"Altruist Financial LLC","shortName":"Altruist","location":"Culver City, CA","smaAssets":32686752}],"custodyNote":"Efinancial Alliance does not have custody of client assets.","otherCustodians":[],"leadership":[{"name":"Mitchell Anderson","title":"Managing Member/Chief Compliance Officer","crd":"5932254"},{"name":"Destin Tompkins","title":"Member","crd":"4617598"}],"ownership":[{"label":"Mitchell Anderson","detail":"Managing member/chief compliance officer in the 75% or more ownership band and a control person, since February 2012."},{"label":"Destin Tompkins","detail":"Member in the 25% to 50% ownership band and a control person, since February 2015."}],"branchOffices":null,"filedOffices":{"otherThanPrincipal":0,"privateResidences":0},"listedOfficeAddresses":1,"foreignOffices":[],"officesByState":[{"state":"Tennessee","offices":1,"addresses":[{"street":"840 Crescent Centre DR., Suite 600","city":"Franklin","headquarters":true}]}],"brochureServices":["business succession planning","divorce planning","education planning","estate planning","insurance","tax planning"],"advFacts":{"source":{"file":"ia100226.zip","asOf":"2 October 2026"},"telephone":"615-224-8534","stateRegisteredReps":3,"otherAdviserReps":0,"compensation":["A percentage of assets under management","Hourly charges","Fixed fees (other than subscription fees)"],"activities":["Financial planning services","Portfolio management for individuals and/or small businesses","Pension consulting services"],"financialPlanningClients":"101-250","assetMix":[{"label":"Non-exchange-traded equity securities","percent":11},{"label":"U.S. government/agency bonds","percent":5},{"label":"U.S. state and local bonds","percent":1},{"label":"Investment grade corporate bonds","percent":10},{"label":"Non-investment grade corporate bonds","percent":2},{"label":"Securities issued by registered investment companies or business development companies","percent":70},{"label":"Cash and cash equivalents","percent":1}],"privateFunds":0},"sources":{"adv1FilingDate":"16 April 2026","adv1Url":"https://reports.adviserinfo.sec.gov/reports/ADV/161352/PDF/161352.pdf","brochureDate":"16 April 2026","brochureUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1041707","iapdCompiledDate":null,"retrievedDate":"15 October 2026","retrievedOn":"2026-10-15","updatedOn":"2026-10-22","holdingsUpdatedOn":"2026-10-21","adv1Pages":{},"brochurePages":{}},"otherBusiness":[],"faq":[{"question":"How many clients does Efinancial Alliance have?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does Efinancial Alliance offer?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"How much does Efinancial Alliance charge?","answer":"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","sourceRef":{"doc":"brochure","section":"fees"}},{"question":"Which custodians does Efinancial Alliance use?","answer":"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","sourceRef":{"doc":"adv1","section":"custodians"}},{"question":"How many financial advisors does Efinancial Alliance have?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What does Efinancial Alliance invest in?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Who owns Efinancial Alliance?","answer":"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","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does Efinancial Alliance get paid?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"How do I contact Efinancial Alliance?","answer":"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.","source":"Form ADV Part 1A, Item 1.F, filed 16 April 2026","sourceRef":{"doc":"adv1","section":"offices"}}],"holdings":null,"notice":"Compiled from public SEC Form ADV filings on the dates in `sources`. Facts as filed; not a rating, ranking, or recommendation. Niva is not affiliated with this firm. Disciplinary history is deliberately not included here or on the page; the SEC publishes the complete record at the `iapdUrl` above."}