Oak Trail Advisors, LLC (Toledo)

Oak Trail Advisors, LLC is a large advisory firm based in Toledo. It manages $202.84 million of regulatory assets for 1,545 client accounts. It has been registered with the SEC as an adviser since 2018 and has operated in the jurisdictions of Florida, Georgia, Indiana, and 3 other states.

Oak Trail Advisors provides financial planning services and portfolio management for individuals and small businesses. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Oak Trail Advisors: assets under management

The assets under management (AUM) of Oak Trail Advisors, LLC is $202.84 million. The firm's AUM has grown by 0% since the beginning of its operation, and $1.5 million of the total AUM is attributable to clients outside of the United States.

The firm manages $155.76 million in discretionary accounts and $47.07 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $114.87 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $249.06 thousand.

Investments

The firm invests in exchange traded securities the most. They account for 48% of the total AUM. The second-largest asset type is investment and business development companies, which make up 28% of the firm’s portfolio. Investments in non-investment grade corporate bonds form 12% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Oak Trail Advisors, LLC for their services and products based on a percentage of assets under management and hourly charges. Hourly charges are usually charged for consulting work and special projects. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Shams Afzal serves?

The firm provides services to individuals, high net worth individuals, and pension and profit sharing plans. The largest group of clients of Shams Afzal is individuals with 370 clients and $88.84 million of assets under management. Among the 9 most similar advisory firms, Oak Trail Advisors has the 5th highest percentage of individuals out of all clients.

The amount of regulatory assets under management is $202.84 million for 593 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. None of the firm’s clients are foreign persons or businesses.

Oak Trail Advisors doesn't advise any private funds.

Careers at Oak Trail Advisors, LLC

The company employs 6 people that are either part- or full-time employees. 33 percent of the employees work as investment advisers or researchers. 2 employees are registered as investment adviser representatives with the state securities authorities.

There isn’t anyone with the role of looking for and bringing in new clients on behalf of the firm. The firm doesn’t compensate employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

Shams Afzal has been acting as President since 1 Apr 2018. Brittany Nicole Blazey joined the executive team most recently as the Chief Compliance Officer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Shams Afzal	President	1 Apr 2018	75% - 100%	6446314
Brittany Nicole Blazey	Chief compliance officer	1 Apr 2018	Other	6217133

Based in Toledo

The principal office where Oak Trail Advisors, LLC performs its advisory services is located at 6591 W. Central Ave, Toledo, OH 43617, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 419.842.0334 or by fax 419.842.0338. The normal business hours are 7:00am - 7:00pm on Monday - Friday.