{
  "crd_number": 297180,
  "slug": "council-oak-wealth-advisors-tulsa-ok-297180",
  "primary_business_name": "COUNCIL OAK WEALTH ADVISORS",
  "legal_name": "COWA, LLC",
  "dbas": [],
  "city": "Tulsa",
  "state": "OK",
  "country": "United States",
  "cbsa_code": "46140",
  "metro": {
    "cbsa_code": "46140",
    "common_name": "Tulsa",
    "msa_name": "Tulsa, OK",
    "path": "/advisors/ok/tulsa"
  },
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "2018-06-08",
  "years_registered": 8,
  "period": "2026-10-01",
  "filing_date": "2026-08-31",
  "carried_forward": false,
  "raum_total": 529365864.0,
  "raum_discretionary": 456734801.0,
  "raum_non_discretionary": 72631063.0,
  "raum_band": "500m_1b",
  "raum_band_label": "$500 million to $1 billion",
  "total_employees": 6,
  "advisory_employees": 4,
  "client_count_bucket": null,
  "clients_by_type": {
    "charitable": {
      "raum": 18912344.0,
      "count": 8
    },
    "individuals": {
      "raum": 83971034.0,
      "count": 253
    },
    "high_net_worth_individuals": {
      "raum": 426482486.0,
      "count": 117
    }
  },
  "compensation_types": [
    "fixed",
    "hourly",
    "percentage_of_aum"
  ],
  "advisory_activities": [
    "financial_planning",
    "other",
    "portfolio_management_businesses_institutional",
    "portfolio_management_individuals"
  ],
  "wrap_fee_participant": false,
  "disclosure_yes_count": 0,
  "states_registered": [
    "CA",
    "CO",
    "FL",
    "GA",
    "KS",
    "NH",
    "OK",
    "TX"
  ],
  "websites": [
    "https://counciloakadvisors.com",
    "https://counciloakinvestments.com",
    "https://counciloakwealth.com",
    "https://counciloakwealthadvisors.com",
    "https://linkedin.com/company/council-oak-wealth-advisors/about"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/297180",
  "city_as_filed": "TULSA",
  "url": "https://advisorcensus.com/firm/council-oak-wealth-advisors-tulsa-ok-297180",
  "display_name": "Council Oak Wealth Advisors",
  "summary": "Council Oak Wealth Advisors is an SEC-registered investment advisory firm in Tulsa, OK, registered since 2018, reporting $500 million to $1 billion in regulatory assets under management in its Form ADV filing dated August 31, 2026.",
  "citation": "AdvisorCensus. Council Oak Wealth Advisors (CRD 297180): Form ADV filing data as of October 2026.",
  "registration_type_label": "SEC-registered investment adviser",
  "compensation_labels": [
    "A percentage of assets under your management",
    "Hourly charges",
    "Fixed fees (other than subscription fees)"
  ],
  "advisory_activity_labels": [
    "Financial planning services",
    "Portfolio management for individuals and/or small businesses",
    "Portfolio management for businesses (other than small businesses) or institutional clients",
    "Other"
  ],
  "quick_answers": [
    {
      "q": "How is Council Oak Wealth Advisors compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), Council Oak Wealth Advisors reports these compensation arrangements: a percentage of assets under its management; hourly charges; fixed fees (other than subscription fees)."
    },
    {
      "q": "What does Council Oak Wealth Advisors' brochure say about its fees?",
      "a": "Its Form ADV Part 2A brochure dated August 25, 2026 states: Asset-based fee: 0.5% to 2% a year (a range, as the brochure states it). Fees can differ by service and may be negotiable; the brochure is the complete statement."
    },
    {
      "q": "Where is Council Oak Wealth Advisors located?",
      "a": "Council Oak Wealth Advisors' principal office is in Tulsa, OK, according to its Form ADV; the September 2026 filing also lists 1 other office (Schedule D, Section 1.F)."
    },
    {
      "q": "Is Council Oak Wealth Advisors registered with the SEC or a state?",
      "a": "Council Oak Wealth Advisors is an SEC-registered investment advisory firm, registered since 2018. Status as filed: Approved. CRD 297180."
    },
    {
      "q": "How much does Council Oak Wealth Advisors manage?",
      "a": "Council Oak Wealth Advisors reports $529,365,864 in regulatory assets under management in its Form ADV filing dated August 31, 2026 (86% discretionary)."
    },
    {
      "q": "How have Council Oak Wealth Advisors' assets and staff changed since 2021?",
      "a": "In the Form ADV data for Council Oak Wealth Advisors: Regulatory assets under management: $265,400,000 in the October 2021 data and $529,365,864 in the October 2026 data, up 99%. Total employees: 6 in October 2021 and 6 in October 2026. Assets under management move with markets as well as with clients coming and going."
    },
    {
      "q": "What types of clients does Council Oak Wealth Advisors serve?",
      "a": "By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (253); high net worth individuals (117); charitable organizations (8)."
    },
    {
      "q": "Which custodians does Council Oak Wealth Advisors use?",
      "a": "Council Oak Wealth Advisors' most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Charles Schwab & Co., Inc. and Raymond James & Associates, Inc. as custodians holding 10% or more of its separately managed account assets."
    },
    {
      "q": "Does Council Oak Wealth Advisors report any disciplinary disclosures?",
      "a": "Reports no disclosure items on Form ADV Item 11. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/297180"
    },
    {
      "q": "What changed in Council Oak Wealth Advisors' recent Form ADV filings?",
      "a": "In the September 2026 filing data: Registered or notice-filed in GA."
    }
  ],
  "filing_history": [
    {
      "period": "2021-10-01",
      "regulatory_assets_under_management": 265400000.0,
      "total_employees": 6,
      "filing_date": "2021-04-29"
    },
    {
      "period": "2022-10-01",
      "regulatory_assets_under_management": 323510182.0,
      "total_employees": 6,
      "filing_date": "2022-03-07"
    },
    {
      "period": "2023-10-01",
      "regulatory_assets_under_management": 337213665.0,
      "total_employees": 7,
      "filing_date": "2023-05-23"
    },
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": 391018952.0,
      "total_employees": 8,
      "filing_date": "2024-05-03"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 435179814.0,
      "total_employees": 6,
      "filing_date": "2025-06-27"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 529365864.0,
      "total_employees": 6,
      "filing_date": "2026-08-31"
    }
  ],
  "recent_changes": [
    {
      "period": "2026-09-01",
      "period_label": "September 2026",
      "notes": [
        "Registered or notice-filed in GA."
      ]
    },
    {
      "period": "2026-04-01",
      "period_label": "April 2026",
      "notes": [
        "Regulatory assets under management went from $435,179,814 to $529,365,864 (+22%)."
      ]
    }
  ],
  "fees_from_brochure": {
    "source": "Form ADV Part 2A brochure dated August 25, 2026",
    "tiers": [],
    "flat_rate": null,
    "stated_range": "0.5% to 2% a year",
    "stated_maximum": null,
    "account_minimum": null,
    "account_minimum_may_be_waived": false,
    "minimum_annual_fee": null,
    "figures": [
      {
        "label": "Asset-based fee",
        "statements": [
          "Asset-based fee: 0.5% to 2% a year (a range, as the brochure states it)"
        ],
        "quotes": [
          "Our annual fee for portfolio management services varies between 0.50% - 2.00% depending upon the market value of your assets under our management, the type and complexity of the asset management services provided, as well as the level of administration requested either directly or assumed by the client."
        ]
      }
    ],
    "quotes": [
      "Our annual fee for portfolio management services varies between 0.50% - 2.00% depending upon the market value of your assets under our management, the type and complexity of the asset management services provided, as well as the level of administration requested either directly or assumed by the client."
    ],
    "note": "As stated in the firm's brochure; fees can differ by service and may be negotiable."
  },
  "custodians": [
    {
      "name": "Charles Schwab & Co., Inc.",
      "name_as_filed": "CHARLES SCHWAB & CO., INC.",
      "affiliated": false
    },
    {
      "name": "Raymond James & Associates, Inc.",
      "name_as_filed": "RAYMOND JAMES & ASSOCIATES, INC.",
      "affiliated": false
    }
  ],
  "custodians_note": "Custodians holding 10% or more of the firm's separately managed account assets, as filed on Form ADV (Schedule D, Section 5.K(3)). A custodian holds client assets; it does not endorse or supervise the firm. AdvisorCensus has no relationship with any custodian.",
  "markdown_url": "https://advisorcensus.com/firm/council-oak-wealth-advisors-tulsa-ok-297180.md",
  "clients": [
    {
      "type": "individuals",
      "label": "Individuals (other than high net worth individuals)",
      "count": 253,
      "fewer_than_5": false,
      "raum": 83971034.0
    },
    {
      "type": "high_net_worth_individuals",
      "label": "High net worth individuals",
      "count": 117,
      "fewer_than_5": false,
      "raum": 426482486.0
    },
    {
      "type": "charitable",
      "label": "Charitable organizations",
      "count": 8,
      "fewer_than_5": false,
      "raum": 18912344.0
    }
  ],
  "disclosure_line": "Reports no disclosure items on Form ADV Item 11.",
  "disclosure_items": [],
  "indexable": true,
  "suppressed": false,
  "claimed": false,
  "enhanced": false,
  "provided_by_the_firm": null,
  "source": {
    "name": "Form ADV",
    "as_of": "2026-10-01",
    "iapd_url": "https://adviserinfo.sec.gov/firm/summary/297180",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}