About Us
Old Drake is a boutique FLAT FEE, Fully TRANSPARENT Investment Advisor. We offer you personalized service, strategies, and tactics. We have over four decades of experience as an investor and fiduciary.
Frederick M. Hanish
Founder, Managing Member, and Chief Investment Officer
Fred brings a wealth of experience, having spent decades in Investment Management, Farmland Stewardship, Wealth Management, and Mergers & Acquisitions. His deep understanding of asset values stems from a lifelong passion and pursuit of investments that can provide both growing passive income and long-term wealth creation—such as Midwestern row crop farmland and dividend-growing equities
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Born and raised in North Dakota, Fred’s upbringing was steeped in the traditions of hunting and fishing alongside his dad and five brothers—activities he continues to enjoy today. He holds a BA in Business Administration with an Economics core from St. John’s University in Minnesota.
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Fred’s lifelong passion for investing has focused on assets that deliver sustainable cash flow and long-term appreciation. His investment pursuits have consistently centered on real assets and equities that support multigenerational wealth creation.
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Fred’s career spans leadership roles across the global investment landscape. He served as Co-Owner, Portfolio Manager, and Investment Committee Member at Republic Wealth Advisors, which was acquired by Mercer Advisors on December 31, 2019. Prior to Republic, Fred was a Managing Director at Russell Investments and served on the Global Operating Committee, overseeing more than $250 billion in assets.
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Fred is the author of Three Generations from the Outhouse, a book offering practical insights into investing in oneself, family, education, entrepreneurship, land, and equities.
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Serving on the boards of a private Christian school and his church during the Global Financial Crisis further honed Fred’s leadership skills and strengthened his commitment to community engagement.
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Fred is driven by a desire to work the land together with his son, Reagan. Their hands-on experience transforming their Southern Iowa and Northern Missouri and Middle Tennessee farms into both cash-flowing investment properties and robust wildlife sanctuaries has consistently produced superior investment returns and deep personal satisfaction.
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When vacationing, Fred enjoys traveling and the great outdoors with his family. He is a fisherman and an avid North American big-game archery hunter.
Lorraine Becker
Chief Operating Officer
Lorraine Becker is an experienced operations leader who has helped wealth management firms run more efficiently. With more than 20 years in the RIA space, she specializes in streamlining processes, guiding firm transitions, strengthening compliance practices, and building operational structures that support growth.
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Lorraine has played a key role in multiple firm acquisitions and integrations, earning a reputation for steady leadership, thoughtful problem-solving, and a highly collaborative approach. She works closely with leadership teams to clarify complex challenges and create practical, sustainable solutions.
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Based in Houston, Lorraine combines strategic insight with a hands-on operating style—helping firms build strong foundations so they can stay focused on serving clients well.
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When not working, Lorraine enjoys gardening, baking, and spending time with her therapy dogs as they visit those who benefit from the comfort and warmth of a pet. She has been married for 30 years and has two daughters who, through marriage, have given her two wonderful sons-in-law.
Frequently Asked Questions
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We have no minimum portfolio size.
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We earn a modest FLAT FIXED FEE capped at $5,000/year…paid quarterly at $1,250/quarter. The first quarter is FREE, no charge to YOU our client. Our fees are totally transparent and a fraction of both the typical financial advisor and the value we provide.
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Yes! We are so confident in the added value we can bring YOU that we wave our first quarterly fee so we can start COLLABORATING together now at no charge to YOU.