SEC-registered firm
Registration does not mean the SEC approves or recommends the firm, and it does not imply a certain level of skill or training.
Freestate Advisors LLC
Overland Park, KS
CRD 145800
Firm filing updated January 5, 2026 ·
- $181.8MAssets
- 9Advisory staff
- 635Accounts
Fees and minimums
All fee types on the form
- Percentage of assets under managementYes
- Hourly chargesNo
- Fixed feesNo
- Subscription fees (for a newsletter or periodical)No
- CommissionsNo
- Performance-based feesNo
- OtherNo
Who the firm serves
- Individuals161
- High net worth individuals83
See the client table
| Client type | Approximate number of clients | Assets |
|---|---|---|
| Individuals (other than high net worth) | 161 | $42.8 million |
| High net worth individuals | 83 | $137.7 million |
| Charitable organizations | Fewer than 5 clients | $951,831 |
| Corporations or other businesses not listed above | Fewer than 5 clients | $444,392 |
What the client labels mean
Here, "individuals" includes trusts, estates, and IRAs of individuals. A "high net worth individual" is a qualified client or qualified purchaser.
Services
- Financial planning services
- Portfolio management for individuals and/or small businesses
- Portfolio management for businesses (other than small businesses) or institutional clients
See all 4 services
- Pension consulting services
- Financial planning services
- Portfolio management for individuals and/or small businesses
- Portfolio management for businesses (other than small businesses) or institutional clients
- Pension consulting services
Assets and accounts
- Regulatory assets$181.8 million
- Accounts635
- Discretionary$101.2 million · 354 accounts
- Non-discretionary$80.7 million · 281 accounts
People
- Employees9
- Advisory staff9
- Broker-dealer reps0
- Licensed insurance agents1
- Planning clients101 to 250
Advisors
6 advisors with a profile on Advisable
Listed A to Z by last name. Not a ranking.
Registration details
- SEC-registered investment advisor. CRD 145800, SEC file 801-106933.
- Registered with the SEC as an investment advisor (status date on record: November 24, 2015).
Is Freestate Advisors LLC a fiduciary?
Short answer: Freestate Advisors LLC is registered with the SEC as an investment advisor.
More detail
Some of its people may also act in other roles, such as for a broker-dealer or as insurance agents, where different rules apply. Details below.
The SEC put it this way in 2019: 'Under federal law, an investment adviser is a fiduciary.'
1 staff member is a licensed insurance agent.
The firm's Form CRS explains its services, fees and conflicts in plain language: Form CRS.
About this data
Informational only. Advisable Finance is not an investment advisor, does not give investment advice, and does not endorse any advisor.