Oppna Wealth offers asset management services, creating investment strategies based on individual client goals, time horizons, and risk tolerance. This includes investment selection, asset allocation, and portfolio monitoring. Clients may also receive a financial plan covering wills, estate plans, investments, taxes, retirement income, and college planning at no additional cost. Clients can impose restrictions on investments. Derrick Hanson is the owner.
Fee Structure
Portfolio-Based Fees (Tiered)
| Portfolio Value | Annual Fee |
|---|---|
| Up to $500K | 1.50% |
| $500K - $1000K | 1.25% |
| $1.0M - $2.0M | 1.00% |
| $2.0M - $3.0M | 0.90% |
| $3M+ | 0.80% |
The annual fee is negotiable based upon certain criteria (e.g., historical relationship, type of assets, anticipated future earning capacity, anticipated future additional assets, dollar amounts of assets to be managed, related accounts, account composition, negotiations with Clients, etc.).