Paul Hanson
Paul Hanson is a ChFC-designated registered investment advisor at State Farm Investment Management CORP., based in Sauk Rapids, MN, with 27 years of industry experience. Paul operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Investment Management. Their firm serves 3,575 clients with $13B 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 $100K | 1.25% |
| $100K - $500K | 1.00% |
| $500K - $1000K | 0.75% |
| $1M+ | 0.50% |
Accounts advised for a full quarter that have an average daily market value below $15,000 are charged a minimum quarterly Advisory Fee of $45 (except as set forth below under “Fee Reductions”). For Accounts that qualify for a reduced Advisory Fee to the lowest Advisory Fee shown on the chart, such Accounts advised for a full quarter that have an average daily market value below $15,000 are charged a minimum quarterly Advisory Fee of $18.75.
Fee Estimator
Location
1269 2nd St N, Ste 100, Sauk Rapids, MN, 56379
Get directionsHistory
Regulatory History (1)
Regulatory
February 2020Other Business ActivitiesSells Insurance
Paul owns SDH Land and Cattle LLC, commercial property leased to State Farm and Edward Jones, and runs a sports agent business for his son. Paul also owns Paul Hanson's Insurance Agency, an insurance agency affiliated with State Farm, and is an officer and board member for two educational organizations.
Employment History
Current Registrations
State Farm Investment Management CORP.
State Farm Vp Management CORP.Broker
State Registrations4 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.