Oakwell Private Wealth Management

RIASEC RegisteredEst. 2017

Total AUM

$668M

Discretionary

$658M

99% of AUM

Avg account

$1.5M

Accounts

453

Employees

Advisory reps

Firm details

Headquarters: Austin, Texas
CRD number: 162096
Registered since: April 5, 2017
Website: oakwellpwm.com
Custodians: CHARLES SCHWAB & CO., INC., FIDELITY DISTRIBUTORS COMPANY LLC
Fee structure: Percentage of AUM, Hourly Charges, Fixed Fees
Client types: HNWI69.34%
Individuals17.16%
Corporations / Businesses9.76%
Pension & Profit Sharing Plans3.73%
Services: Financial PlanningPortfolio Management for IndividualsPension ConsultingSelection of Other Advisers

Firm profile

FINTRX

Overview

Oakwell Private Wealth Management is an independent, SEC-registered registered investment adviser organized as an LLC and operating since 2017. The firm positions itself as a capital allocator for both individuals and families as well as select institutional clients. Its advisory services include financial planning, portfolio management for individuals and small businesses, pension consulting and the selection of other advisers. Oakwell also operates as an insurance broker, which aligns with its use of annuities among client investments. The firm charges clients via a mix of percentage-of-AUM fees, hourly billing and fixed fees. It does not identify as an active ESG investor. Management appears to combine discretionary portfolio management with consultative work for institutional and smaller business clients.