{
  "crd_number": 287856,
  "slug": "oak-asset-management-llc-westlake-village-ca-287856",
  "primary_business_name": "OAK ASSET MANAGEMENT, LLC",
  "legal_name": "OAK ASSET MANAGEMENT, LLC",
  "dbas": [],
  "city": "Westlake Village",
  "state": "CA",
  "country": "United States",
  "cbsa_code": "37100",
  "metro": {
    "cbsa_code": "37100",
    "common_name": "Oxnard",
    "msa_name": "Oxnard-Thousand Oaks-Ventura, CA",
    "path": "/advisors/ca/oxnard"
  },
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "2017-04-18",
  "years_registered": 9,
  "period": "2026-10-01",
  "filing_date": "2026-02-23",
  "carried_forward": false,
  "raum_total": 413780114.0,
  "raum_discretionary": 413780114.0,
  "raum_non_discretionary": 0.0,
  "raum_band": "100m_500m",
  "raum_band_label": "$100 million to $500 million",
  "total_employees": 4,
  "advisory_employees": 4,
  "client_count_bucket": "fewer_than_5_in_some_types",
  "clients_by_type": {
    "charitable": {
      "raum": 174953.0,
      "count": 1,
      "fewer_than_5": true
    },
    "individuals": {
      "raum": 41082206.0,
      "count": 118
    },
    "pension_profit_sharing": {
      "raum": 7644473.0,
      "count": 4,
      "fewer_than_5": true
    },
    "high_net_worth_individuals": {
      "raum": 364696633.0,
      "count": 124
    },
    "corporations_other_businesses": {
      "raum": 181849.0,
      "count": 4,
      "fewer_than_5": true
    }
  },
  "compensation_types": [
    "percentage_of_aum"
  ],
  "advisory_activities": [
    "pension_consulting",
    "portfolio_management_businesses_institutional",
    "portfolio_management_individuals"
  ],
  "wrap_fee_participant": true,
  "disclosure_yes_count": 0,
  "states_registered": [
    "AZ",
    "CA",
    "ID",
    "NV",
    "TX",
    "UT",
    "WA"
  ],
  "websites": [
    "https://facebook.com/OAK-ASSET-MANAGEMENT-1491858897572379",
    "https://linkedin.com/COMPANY/4045762",
    "https://oakasset.com"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/287856",
  "city_as_filed": "WESTLAKE VILLAGE",
  "url": "https://advisorcensus.com/firm/oak-asset-management-llc-westlake-village-ca-287856",
  "display_name": "Oak Asset Management, LLC",
  "summary": "Oak Asset Management, LLC is an SEC-registered investment advisory firm in Westlake Village, CA, registered since 2017, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated February 23, 2026.",
  "citation": "AdvisorCensus. Oak Asset Management, LLC (CRD 287856): Form ADV filing data as of October 2026.",
  "registration_type_label": "SEC-registered investment adviser",
  "compensation_labels": [
    "A percentage of assets under your management"
  ],
  "advisory_activity_labels": [
    "Portfolio management for individuals and/or small businesses",
    "Portfolio management for businesses (other than small businesses) or institutional clients",
    "Pension consulting services"
  ],
  "quick_answers": [
    {
      "q": "How is Oak Asset Management, LLC compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), Oak Asset Management, LLC reports these compensation arrangements: a percentage of assets under its management. The amounts are in Item 5 of its Form ADV Part 2A brochure."
    },
    {
      "q": "Where is Oak Asset Management, LLC located?",
      "a": "Oak Asset Management, LLC's principal office is in Westlake Village, CA, according to its Form ADV; the March 2026 filing also lists 2 other offices (Schedule D, Section 1.F)."
    },
    {
      "q": "Is Oak Asset Management, LLC registered with the SEC or a state?",
      "a": "Oak Asset Management, LLC is an SEC-registered investment advisory firm, registered since 2017. Status as filed: Approved. CRD 287856."
    },
    {
      "q": "How much does Oak Asset Management, LLC manage?",
      "a": "Oak Asset Management, LLC reports $413,780,114 in regulatory assets under management in its Form ADV filing dated February 23, 2026 (100% discretionary)."
    },
    {
      "q": "How have Oak Asset Management, LLC's assets and staff changed since 2021?",
      "a": "In the Form ADV data for Oak Asset Management, LLC: Regulatory assets under management: $300,241,764 in the October 2021 data and $413,780,114 in the October 2026 data, up 38%. Total employees: 4 in October 2021 and 4 in October 2026. Assets under management move with markets as well as with clients coming and going."
    },
    {
      "q": "What types of clients does Oak Asset Management, LLC serve?",
      "a": "By number of clients on Form ADV Item 5.D: high net worth individuals (124); individuals (other than high net worth individuals) (118); pension and profit sharing plans (but not the plan participants or government pension plans) (4)."
    },
    {
      "q": "Which custodians does Oak Asset Management, LLC use?",
      "a": "Oak Asset Management, LLC's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Wells Fargo Clearing Services, LLC (affiliated with the firm) as a custodian holding 10% or more of its separately managed account assets."
    },
    {
      "q": "Does Oak Asset Management, LLC 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/287856"
    },
    {
      "q": "What changed in Oak Asset Management, LLC's recent Form ADV filings?",
      "a": "In the January 2026 filing data: No longer registered or notice-filed in NH."
    }
  ],
  "filing_history": [
    {
      "period": "2021-10-01",
      "regulatory_assets_under_management": 300241764.0,
      "total_employees": 4,
      "filing_date": "2021-07-16"
    },
    {
      "period": "2022-10-01",
      "regulatory_assets_under_management": 352958396.0,
      "total_employees": 4,
      "filing_date": "2022-02-11"
    },
    {
      "period": "2023-10-01",
      "regulatory_assets_under_management": 312225538.0,
      "total_employees": 4,
      "filing_date": "2023-03-13"
    },
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": 348790565.0,
      "total_employees": 4,
      "filing_date": "2024-02-29"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 383244730.0,
      "total_employees": 4,
      "filing_date": "2025-02-19"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 413780114.0,
      "total_employees": 4,
      "filing_date": "2026-02-23"
    }
  ],
  "recent_changes": [
    {
      "period": "2026-01-01",
      "period_label": "January 2026",
      "notes": [
        "No longer registered or notice-filed in NH."
      ]
    }
  ],
  "fees_from_brochure": null,
  "custodians": [
    {
      "name": "Wells Fargo Clearing Services, LLC",
      "name_as_filed": "WELLS FARGO CLEARING SERVICES, LLC",
      "affiliated": true
    }
  ],
  "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/oak-asset-management-llc-westlake-village-ca-287856.md",
  "clients": [
    {
      "type": "individuals",
      "label": "Individuals (other than high net worth individuals)",
      "count": 118,
      "fewer_than_5": false,
      "raum": 41082206.0
    },
    {
      "type": "high_net_worth_individuals",
      "label": "High net worth individuals",
      "count": 124,
      "fewer_than_5": false,
      "raum": 364696633.0
    },
    {
      "type": "pension_profit_sharing",
      "label": "Pension and profit sharing plans (but not the plan participants or government pension plans)",
      "count": 4,
      "fewer_than_5": true,
      "raum": 7644473.0
    },
    {
      "type": "charitable",
      "label": "Charitable organizations",
      "count": 1,
      "fewer_than_5": true,
      "raum": 174953.0
    },
    {
      "type": "corporations_other_businesses",
      "label": "Corporations or other businesses not listed above",
      "count": 4,
      "fewer_than_5": true,
      "raum": 181849.0
    }
  ],
  "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/287856",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}