Michael T. Powers
MANUKA FINANCIAL
Richmond, VA
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CRD#: 5838517
Professional summary
Michael Todd Powers, CFP®, who also goes by Mike Powers, is a registered financial advisor currently at MANUKA FINANCIAL located in Richmond, Virginia.
Michael is registered as an IAR (Investment Advisor Representative) and started their career in finance in 2010. Michael has worked at 4 firms and has passed the Series 66 and Series 7 exams.
Biography
- Certified Public Accountant (CPA)
- Personal Financial Specialist (PFS)
- CERTIFIED FINANCIAL PLANNER™ (CFP®)
- Over a decade of experience as a financial planner, plus an additional five years in public accounting for national and regional firms
- Life and Health Insurance Consultant license in Virginia
- 2017 Standing Ovation Award in Personal Financial Planning from the AICPA
- Former Big Brother of the Year for Big Brothers Big Sisters of Central Virginia
- Board Member, the Community Tax Law Project charitable organization
- National Association of Personal Financial Advisors (NAPFA) registered advisor
- Member, American Institute of Certified Public Accountants
- Member, XY Planning Network
- Routinely volunteered with NBC 12’s Ask a CPA Tax Hotline
- Featured in: CNBC, Investment News, The Values Based Mindset Experience podcast, Sound Dollar
Question & Answer
What are your service offerings?
Retirement Planning
Comprehensive Financial Planni...
Tax Planning
Do you have an area of expertise or specialization?
Fixed Fee (Subscription, Retai...
High Net Worth Client Needs
Investment Advice with Ongoing...
Retirement Planning & Distribu...
Tax Planning
What is your minimum asset requirement?
1M
Are you a "fiduciary"?
Yes
Aliases
Mike Powers
Other business activities
Outside business activity is any business or activity undertaken by an advisor that is outside the scope of their relationship with their firm (e.g., consulting services, real estate, freelance work, teaching, etc.). Investors should stay informed about these activities to ensure no conflicts of interest.
The advisor shows no other business activity.
CRS (Client Relationship Summary) - RIA
Click below to view Michael Todd Powers's CRS (Customer Relationship Summary).
Certified licenses
Advisors may have various certifications and credentials from different organizations. AdvisorCheck highlights these seven certifications - AIF®, CFP®, ChFC®, CFA, CLU®, CIMA®, CPWA®
CFP®
Start date: 2012
Experience
Current
May 6, 2021 - Present
MANUKA FINANCIAL
RIA
CRD#: 313528
Richmond, VA
Past
July 15, 2014 - May 3, 2021
VERUS FINANCIAL PARTNERS
RIA
CRD#: 106744
RICHMOND, VA
Past
June 4, 2012 - August 12, 2014
SHANKERVALLEAU WEALTH ADVISORS, INC.
RIA
CRD#: 117527
EVANSTON, IL
Past
October 13, 2010 - May 2, 2012
AMERIPRISE FINANCIAL SERVICES, LLC
RIA
CRD#: 6363
CHARLOTTESVILLE, VA
Past
September 30, 2010 - May 2, 2012
AMERIPRISE FINANCIAL SERVICES, LLC
BD
CRD#: 6363
CHARLOTTESVILLE, VA
Primary Firm SEC Registration
This SEC-registered firm can serve clients nationwide. Some states may require the firm to submit a notice filing if the firm has more than 5 clients or a physical office there. You can view these state-level filings under the section titled "State Registrations and Notice Filings".
MANUKA FINANCIAL
MANUKA FINANCIAL | MANUKA FINANCIAL, LLC
CRD#: 313528 / SEC#: 801-130599
RIA
Registered Investment Advisory firm - (7/3/2024 Approved)California
Registered Investment Advisory firm - (8/7/2024 Terminated)Louisiana
Registered Investment Advisory firm - (10/4/2022 Terminated)Texas
Registered Investment Advisory firm - (7/8/2024 Terminated)Virginia
Registered Investment Advisory firm - (7/9/2024 Terminated)State Registrations and Notice Filings
Listed states reflect where the advisor is authorized to serve clients under state regulations.
IAR
means the advisor is registered as an Investment Advisor Representative in this state and is authorized to provide investment advice to clients there.Highlighted states indicate IAR registrations
IAR
California(3/4/2024)
IAR
Texas(9/27/2021)
IAR
Virginia(5/6/2021)
Exams
State Security Law Exam
General Industry/Product Exam
Current Firm
MANUKA FINANCIAL
MANUKA FINANCIAL | MANUKA FINANCIAL, LLC
CRD#: 313528 / SEC#: 801-130599
RIA
Registered Investment Advisory firm - (7/3/2024 Approved)California
Registered Investment Advisory firm - (8/7/2024 Terminated)Louisiana
Registered Investment Advisory firm - (10/4/2022 Terminated)Texas
Registered Investment Advisory firm - (7/8/2024 Terminated)Virginia
Registered Investment Advisory firm - (7/9/2024 Terminated)Upgrade to AdvisorCheck Premium
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Contact information
Main Address
Richmond, VA
Mailing Address
Phone number
(804) 293-0397
Established
Firm type
Fiscal year end
# of Employees
1
SEC notice filing (3 States and Territories)
Regulatory assets under management
| Total Number of Accounts | 207 |
| AUM (Assets Under Management) | $ 187,474,248 |
Exempt reporting advisers
Exempt Reporting Advisers ("ERA") are investment advisers that are not required to register as investment advisers because they rely on certain exemptions from registration under sections 203(l) and 203(m) of the Investment Advisers Act of 1940 and related rules. Certain state securities regulatory authorities have similar exemptions based on state statutes or regulations. An ERA is required to file a report using Form ADV, but does not complete all items contained in Form ADV that a registered adviser must complete. Other state securities regulatory authorities require an ERA to register as an investment adviser and file a complete Form ADV. Below are the regulators with which an ERA report is filed.
| SEC / JURISDICTION | REPORTING STATUS | EFFECTIVE DATE |
|---|---|---|
| Texas | ERA - Withdrawn | 9/23/2021 |
Red Flags
Disclosures can be potential red flags, including customer disputes, regulatory fines, employer terminations, bankruptcies, judgments, liens, or certain criminal activities.
Check for any disclosures as part of your thorough research when choosing an advisor.
