Michael Chamberlain

Retirement, Investing, Lifestage Based Planning
“Mike Chamberlain is a "fee-only" Registered Investment Advisor helping individuals, couples and families to balance current needs with future goals from the offices in Sacramento, Santa Cruz, Davis and Silicon Valley CA.”

Chamberlain Financial Planning and Wealth Management

Job Title:



Michael Chamberlain has been helping people to make better financial decisions to improve their lives since the 1980’s. Chamberlain Financial Planning was established in 2007 to assist people on a fee-only basis, which means that we do not sell investments or insurance, unlike 95% of other firms.

Michael's education includes both Bachelors and Doctorate degrees from the University of California, Berkeley. Accredited Investment Fiduciary course work was from The Center for Fiduciary Studies at the University of Pittsburgh and CFP® course work was from Boston University.

Michael lives in Santa Cruz with his life partner, Patty, but most of his family is in Sacramento. His daughter Cathi, her husband and three kids, his two brothers and Mom and Dad are all living there. In 2009, Michael opened a branch office in Sacramento so that he could visit with his family more frequently. His son Mitch lives in Austin Texas with his wife and two little girls.

Sailing is one of Michael's life passions. It is a great way to get in touch with nature and he is fortunate enough to have a sailboat at the Santa Cruz harbor.


Doctorate, UC Berkeley

Assets Under Management:

$150 million

Fee Structure:


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June 2018
    Choosing an Advisor, Financial Planning
July 2018
    Choosing an Advisor
September 2018
March 2017
    Financial Planning, Investing, Asset Allocation, Mutual Funds
December 2016
    Choosing an Advisor, Financial Planning, Starting Out

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    Banking, Personal Finance, Starting Out
How do I find out if my son has a trust fund?
100% of people found this answer helpful

Trust fund...rumor or the truth. It is normal to want to know if there such an account but finding out may not be easy.

The most straight forward way is to go to the person that told you there was such a trust and find out more. Usually trusts or accounts for kids are set up by relatives such as grandparents or aunts or uncles. It is very unlikely that a stranger would be so generous.

It may be a trust that was created when a person died. If so, in most states beneficiaries are required to be told of such an account. Maybe the creator of the trust has not died. In most cases trust can be changed and even if your son had been named as a beneficiary at one time, it could have been changed.

Maybe it is not a trust at all but what was described as a trust and in fact is a Uniform Gift to Minor account that will become your sons at the time he turns 18. It could be an educational account such as a 529. It is really hard to know if there is an account and what type it may be. In any case if your son is 18 now he is an adult and no institution would cooperate with you in your attempt to locate an account.

If you think there was an investment account and it was lost you can check with the SEC via the Escheatment process. From the SEC “All states require financial institutions, including brokerage firms, to report when personal property has been abandoned or unclaimed after a period of time specified by state law — often five years. Before a brokerage account can be considered abandoned or unclaimed, the firm must make a diligent effort to try to locate the account owner. If the firm is unable to do so, and the account has remained inactive for the period of time specified by state law, the firm must report the account to the state where the account is held. The state then claims the account through a process called "escheatment," whereby the state becomes the owner of the account.”

There is also the National Association of Unclaimed Property Administrators. Every U.S. state, District of Columbia, Puerto Rico, the U.S. Virgin Islands, and Quebec, British Columbia and Alberta in Canada, have unclaimed property programs that actively and continuously find owners of lost and forgotten assets. Check out their website to learn more. https://www.unclaimed.org/what/

In any case good luck to you and your son.


June 2018
    Investing, Stocks
Can I buy and sell the same stock many times in one day?
100% of people found this answer helpful
June 2018
    Investing, Stocks, Starting Out
How can I gauge how wisely I'm investing my money?
100% of people found this answer helpful
June 2018
    Asset Allocation, Bonds / Fixed Income, IRAs
What is the best account to hold short-term bond funds?
100% of people found this answer helpful
June 2018
    Retirement, Social Security, Investing, 401(k)
Should we sell our investments and move our money into cash accounts?
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April 2018