Oakwell Private Wealth Management is a large advisory firm based in Austin. It manages $157.78 million of regulatory assets for 660 client accounts. It has been registered with the SEC as an adviser since 2017 and has operated in the jurisdiction of Texas.
Oakwell Private Wealth Management provides financial planning services, portfolio management for individuals and small businesses, and pension consulting services. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Oakwell Private Wealth Management is $157.78 million. The firm's AUM has grown by 41% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.
The advisory firm has several streams of revenue. Clients pay Oakwell Private Wealth Management for their services and products based on a percentage of assets under management, hourly charges, fixed fees, and commissions. Hourly charges are usually charged for consulting work and special projects. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.
The firm provides services to individuals, high net worth individuals, corporations or other businesses, and pension and profit sharing plans. The largest group of clients of Oakwell Private Wealth Management is high net worth individuals with 26 clients and $72.36 million of assets under management. Among the 9 most similar advisory firms, Oakwell Private Wealth Management has the 5th highest percentage of high net worth individuals out of all clients.
The amount of regulatory assets under management is $157.78 million for 326 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.
Oakwell Private Wealth Management doesn't advise any private funds.
The company employs 8 people that are either part- or full-time employees. 75 percent of the employees work as investment advisers or researchers. 8 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.
The principal office where Oakwell Private Wealth Management performs its advisory services is located at 7719 Wood Hollow Dr., Austin, TX 78731, which is also the mailing address of the firm. An additional office of the firm is in New Braunfels, TX. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 1-800-55OAKWELL or by fax 512-335-7511. The normal business hours are mon - thur: 9am - 5pm cst; fri: 9am-1 pm cst on Other. You can find more information about the New York firm at oakwellpwm.com.