# Council Oak Wealth Advisors

> 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.

- CRD: 297180
- Filed as: COUNCIL OAK WEALTH ADVISORS
- Legal name: Cowa, LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Tulsa, OK
- Filing period: October 2026
- Form ADV filing dated: August 31, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/297180
- AdvisorCensus page: https://advisorcensus.com/firm/council-oak-wealth-advisors-tulsa-ok-297180

## Quick answers

**How is Council Oak Wealth Advisors compensated?**
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).

**How much does Council Oak Wealth Advisors charge?**
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); Hourly rate: $250 an hour (financial planning services); Flat fee: $2,000 to $10,000 (financial planning services). Fees can differ by service and may be negotiable; the brochure is the complete statement.

**Where is Council Oak Wealth Advisors located?**
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).

**Is Council Oak Wealth Advisors registered with the SEC or a state?**
Council Oak Wealth Advisors is an SEC-registered investment advisory firm, registered since 2018. Status as filed: Approved. CRD 297180.

**How much does Council Oak Wealth Advisors manage?**
Council Oak Wealth Advisors reports $529,365,864 in regulatory assets under management in its Form ADV filing dated August 31, 2026 (86% discretionary).

**How have Council Oak Wealth Advisors' assets and staff changed since 2021?**
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.

**What types of clients does Council Oak Wealth Advisors serve?**
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).

**Which custodians does Council Oak Wealth Advisors use?**
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.

**Does Council Oak Wealth Advisors report any disciplinary disclosures?**
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

**What changed in Council Oak Wealth Advisors' recent Form ADV filings?**
In the September 2026 filing data: Registered or notice-filed in GA.

## From the Form ADV filing

### Compensation (Item 5.E)
- A percentage of assets under your management
- Hourly charges
- Fixed fees (other than subscription fees)

### Fees and minimums (Form ADV Part 2A brochure dated August 25, 2026)

- Asset-based fee: 0.5% to 2% a year (a range, as the brochure states it)

> 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.

- Hourly rate: $250 an hour (financial planning services)

> We charge either an hourly fee or a fixed fee for financial planning services. Our hourly fee is $250 per hour and our fixed fee ranges from $2,000 - $10,000.

- Flat fee: $2,000 to $10,000 (financial planning services)

> We charge either an hourly fee or a fixed fee for financial planning services. Our hourly fee is $250 per hour and our fixed fee ranges from $2,000 - $10,000.

As stated in the firm's brochure. Fees can differ by service and may be negotiable.

### Custodians (Schedule D, Section 5.K(3))
- Charles Schwab & Co., Inc.
- Raymond James & Associates, Inc.

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.

### Regulatory assets under management (Item 5.F)
- Total: $529,365,864
- Discretionary: $456,734,801
- Non-discretionary: $72,631,063

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 253 | $83,971,034 |
| High net worth individuals | 117 | $426,482,486 |
| Charitable organizations | 8 | $18,912,344 |

### Advisory services (Item 5.G)
- Financial planning services
- Portfolio management for individuals and/or small businesses
- Portfolio management for businesses (other than small businesses) or institutional clients
- Other

### Firm details
- Registered since: 2018 (8 years)
- Employees: 6 total, 4 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: CA, CO, FL, GA, KS, NH, OK, TX
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Other offices (Schedule D, Section 1.F), as of the September 2026 filing
- Bartlesville, OK

### Websites listed on Form ADV (Item 1.I)
- counciloakadvisors.com
- counciloakinvestments.com
- counciloakwealth.com
- counciloakwealthadvisors.com
- LinkedIn @council-oak-wealth-advisors

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $265,400,000 | 6 | April 29, 2021 |
| October 2022 | $323,510,182 | 6 | March 7, 2022 |
| October 2023 | $337,213,665 | 7 | May 23, 2023 |
| October 2024 | $391,018,952 | 8 | May 3, 2024 |
| October 2025 | $435,179,814 | 6 | June 27, 2025 |
| October 2026 | $529,365,864 | 6 | August 31, 2026 |

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.

## Changes in the filing (last 12 months)

### September 2026
- Registered or notice-filed in GA.

### April 2026
- Regulatory assets under management went from $435,179,814 to $529,365,864 (+22%).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Council Oak Wealth Advisors (CRD 297180): Form ADV filing data as of October 2026.