Steven Bane
Steven Bane is a registered investment advisor at Bane O'leary LLC, based in Bloomington, MN, with 27 years of industry experience. Steven operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Estate Planning, Financial Planning & Coaching, High Net Worth, Investment Management, and 2 more. Their firm serves 173 clients with $87M 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 $250K | 1.50% |
| $250K - $500K | 1.25% |
| $500K - $750K | 1.10% |
| $750K - $1000K | 1.00% |
| $1.0M - $1.5M | 0.95% |
| $1.5M - $2.5M | 0.80% |
| $2.5M - $3.5M | 0.70% |
| $3.5M - $4.5M | 0.60% |
| $4.5M+ | 0.50% |
Fees may be negotiable. Accounts within the same household will be combined for a reduced fee.
Fee Estimator
Location
8000 Norman Center Drive, Suite 230, Bloomington, MN, 55437
Get directionsHistory
Regulatory History (1)
Customer Dispute
July 2008Other Business ActivitiesSells Insurance
Steven is the CFO of Bane Management Group, dedicating minimal time to administrative operations. He is also a sole proprietor working as an insurance agent, spending about 10% of his time on insurance sales and service.
Employment History
Current Registrations
Bane O'leary LLC
Previous Registrations
Mutual Securities, INC.Broker
Barber Financial Group
National Planning CorporationBroker
Woodbury Financial Services, INC.Broker
Ameriprise Financial Services, INC.
Ameriprise Financial Services, INC.Broker
Ids Life Insurance CompanyBroker
Lutheran Brotherhood Securities 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.