# True Purpose Advisors, LLC

> True Purpose Advisors, LLC is a state-registered investment advisory firm, registered since 2018, reporting under $25 million in regulatory assets under management in its Form ADV filing dated January 17, 2024.

- CRD: 174415
- Filed as: TRUE PURPOSE ADVISORS, LLC
- Legal name: Hansen, Michael S.
- Registration: State-registered investment adviser (status as filed: APPROVED)
- Location: Registered in Oregon
- Filing period: October 2026
- Form ADV filing dated: January 17, 2024
- Public record (IAPD): https://adviserinfo.sec.gov/firm/summary/174415
- AdvisorCensus page: https://advisorcensus.com/firm/true-purpose-advisors-llc-174415

## Quick answers

**How is True Purpose Advisors, LLC compensated?**
On its Form ADV (Item 5.E, October 2026), True Purpose Advisors, LLC reports these compensation arrangements: a percentage of assets under its management.

**Is True Purpose Advisors, LLC registered with the SEC or a state?**
True Purpose Advisors, LLC is a state-registered investment advisory firm, registered since 2018. Status as filed: APPROVED. CRD 174415.

**How much does True Purpose Advisors, LLC manage?**
True Purpose Advisors, LLC reports $1,200,000 in regulatory assets under management in its Form ADV filing dated January 17, 2024 (100% discretionary).

**What types of clients does True Purpose Advisors, LLC serve?**
By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (12).

**Does True Purpose Advisors, LLC report any disciplinary disclosures?**
Reports no disclosure items on Form ADV Item 11. The detail of any item is on the firm's public record on IAPD: https://adviserinfo.sec.gov/firm/summary/174415

## From the Form ADV filing

### Compensation (Item 5.E)
- A percentage of assets under your management

### Regulatory assets under management (Item 5.F)
- Total: $1,200,000
- Discretionary: $1,200,000
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 12 | $1,200,000 |

### Advisory services (Item 5.G)
- Financial planning services
- Selection of other advisers (including private fund managers)

### Firm details
- Registered since: 2018 (8 years)
- Employees: 1 total, 1 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: OR
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. True Purpose Advisors, LLC (CRD 174415): Form ADV filing data as of October 2026.