# Oak Asset Management, LLC

> 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.

- CRD: 287856
- Filed as: OAK ASSET MANAGEMENT, LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Westlake Village, CA
- Filing period: October 2026
- Form ADV filing dated: February 23, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/287856
- AdvisorCensus page: https://advisorcensus.com/firm/oak-asset-management-llc-westlake-village-ca-287856

## Quick answers

**How is Oak Asset Management, LLC compensated?**
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.

**Where is Oak Asset Management, LLC located?**
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).

**Is Oak Asset Management, LLC registered with the SEC or a state?**
Oak Asset Management, LLC is an SEC-registered investment advisory firm, registered since 2017. Status as filed: Approved. CRD 287856.

**How much does Oak Asset Management, LLC manage?**
Oak Asset Management, LLC reports $413,780,114 in regulatory assets under management in its Form ADV filing dated February 23, 2026 (100% discretionary).

**How have Oak Asset Management, LLC's assets and staff changed since 2021?**
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.

**What types of clients does Oak Asset Management, LLC serve?**
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).

**Which custodians does Oak Asset Management, LLC use?**
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.

**Does Oak Asset Management, LLC 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/287856

**What changed in Oak Asset Management, LLC's recent Form ADV filings?**
In the January 2026 filing data: No longer registered or notice-filed in NH.

## From the Form ADV filing

### Compensation (Item 5.E)
- A percentage of assets under your management

### Custodians (Schedule D, Section 5.K(3))
- Wells Fargo Clearing Services, LLC (affiliated with the firm)

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: $413,780,114
- Discretionary: $413,780,114
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 118 | $41,082,206 |
| High net worth individuals | 124 | $364,696,633 |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | 4 | $7,644,473 |
| Charitable organizations | 1 | $174,953 |
| Corporations or other businesses not listed above | 4 | $181,849 |

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

### Firm details
- Registered since: 2017 (9 years)
- Employees: 4 total, 4 performing advisory functions
- Wrap fee program participation: Yes
- States registered or notice-filed: AZ, CA, ID, NV, TX, UT, WA
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Other offices (Schedule D, Section 1.F), as of the March 2026 filing
- Flagstaff, AZ
- Las Vegas, NV

### Websites listed on Form ADV (Item 1.I)
- [oakasset.com](https://oakasset.com)
- Facebook @OAK-ASSET-MANAGEMENT-1491858897572379
- LinkedIn @4045762

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $300,241,764 | 4 | July 16, 2021 |
| October 2022 | $352,958,396 | 4 | February 11, 2022 |
| October 2023 | $312,225,538 | 4 | March 13, 2023 |
| October 2024 | $348,790,565 | 4 | February 29, 2024 |
| October 2025 | $383,244,730 | 4 | February 19, 2025 |
| October 2026 | $413,780,114 | 4 | February 23, 2026 |

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.

## Changes in the filing (last 12 months)

### January 2026
- No longer registered or notice-filed in NH.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Oak Asset Management, LLC (CRD 287856): Form ADV filing data as of October 2026.