Kale Hanson
Kale Hanson is a registered investment advisor at Open Range Financial Group, LLC, based in Manvel, TX, with 28 years of industry experience. Kale operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Education Planning, Estate Planning, Financial Planning & Coaching, Insurance Planning, and 4 more. Their firm serves 73 clients with $77M in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Portfolio-Based Fees (Tiered)
| Portfolio Value | Annual Fee |
|---|---|
| Up to $500K | 1.85% |
| $500K - $1.0M | 1.60% |
| $1.0M - $2.0M | 1.50% |
| $2.0M - $5.0M | 1.25% |
| $5.0M - $10.0M | 1.00% |
| $10M+ | 0.70% |
Fees are negotiable. Clients using Simplicity Wealth's sub-advisory services will incur additional fees not exceeding 0.40%. Accounts not granted discretion will be assessed a service charge of ten (10) basis points.
Fee Estimator
Location
Manvel, TX
Get directionsHistory
Regulatory History (1)
Customer Dispute
October 2008Other Business ActivitiesSells Insurance
Kale is a managing member/owner of V-5 Holdings LLC, a legal entity established to manage his registered investment advisor practice, office space, and rental property, dedicating minimal time. He is also an insurance agent at Open Range Insurance Group, LLC, spending about 10-20% of his time on insurance product sales.
Employment History
Current Registrations
Open Range Financial Group, LLC
Previous Registrations
Ameriprise Financial Services, INC.
State Registrations2 states
You can work with an advisor not registered in your state. Most advisors can legally serve a small number of clients across state lines without registering.