Lange Financial Group refers clients to independent investment managers. If a client hires one of these managers, Lange Financial Group receives a portion of the manager's fee. Lange Financial Group also provides financial planning services, including analyzing a client's financial situation, setting long-term goals, and tax planning. Lange Financial Group may also provide educational seminars and a monthly newsletter.
Fee Structure
Lange Financial Group does not directly manage investments. Instead, they refer clients to independent investment managers. If you hire one of these managers, Lange Financial Group receives a portion of the manager's fee, which is paid by the manager and does not increase your cost. The fee Lange Financial Group receives is normally 50% of the manager's fee, but it may be higher or lower depending on the agreement.
The independent managers they work with charge maximum fees of 1.00% to 1.25%.