{
  "crd_number": 141332,
  "slug": "oak-family-advisors-llc-chicago-il-141332",
  "primary_business_name": "OAK FAMILY ADVISORS, LLC",
  "legal_name": "OAK FAMILY ADVISORS, LLC",
  "dbas": [],
  "city": "Chicago",
  "state": "IL",
  "country": "United States",
  "cbsa_code": "16980",
  "metro": {
    "cbsa_code": "16980",
    "common_name": "Chicago",
    "msa_name": "Chicago-Naperville-Elgin, IL-IN",
    "path": "/advisors/il/chicago"
  },
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "2016-07-11",
  "years_registered": 10,
  "period": "2026-10-01",
  "filing_date": "2026-06-11",
  "carried_forward": false,
  "raum_total": 621000000.0,
  "raum_discretionary": 526000000.0,
  "raum_non_discretionary": 95000000.0,
  "raum_band": "500m_1b",
  "raum_band_label": "$500 million to $1 billion",
  "total_employees": 6,
  "advisory_employees": 5,
  "client_count_bucket": null,
  "clients_by_type": {
    "charitable": {
      "raum": 46000000.0,
      "count": 1
    },
    "individuals": {
      "raum": 20000000.0,
      "count": 72
    },
    "high_net_worth_individuals": {
      "raum": 553000000.0,
      "count": 128
    },
    "corporations_other_businesses": {
      "raum": 2000000.0,
      "count": 2
    }
  },
  "compensation_types": [
    "fixed",
    "percentage_of_aum"
  ],
  "advisory_activities": [
    "financial_planning",
    "portfolio_management_individuals"
  ],
  "wrap_fee_participant": false,
  "disclosure_yes_count": 0,
  "states_registered": [
    "CA",
    "FL",
    "IL",
    "MI",
    "NC",
    "NE",
    "TX"
  ],
  "websites": [
    "https://linkedin.com/company/oak-family-advisors-llc",
    "https://ofallc.com"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/141332",
  "city_as_filed": "CHICAGO",
  "url": "https://advisorcensus.com/firm/oak-family-advisors-llc-chicago-il-141332",
  "display_name": "Oak Family Advisors, LLC",
  "summary": "Oak Family Advisors, LLC is an SEC-registered investment advisory firm in Chicago, IL, registered since 2016, reporting $500 million to $1 billion in regulatory assets under management in its Form ADV filing dated June 11, 2026.",
  "citation": "AdvisorCensus. Oak Family Advisors, LLC (CRD 141332): Form ADV filing data as of October 2026.",
  "registration_type_label": "SEC-registered investment adviser",
  "compensation_labels": [
    "A percentage of assets under your management",
    "Fixed fees (other than subscription fees)"
  ],
  "advisory_activity_labels": [
    "Financial planning services",
    "Portfolio management for individuals and/or small businesses"
  ],
  "quick_answers": [
    {
      "q": "How is Oak Family Advisors, LLC compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), Oak Family Advisors, LLC reports these compensation arrangements: a percentage of assets under its management; fixed fees (other than subscription fees)."
    },
    {
      "q": "Where is Oak Family Advisors, LLC located?",
      "a": "Oak Family Advisors, LLC's principal office is in Chicago, IL, according to its Form ADV."
    },
    {
      "q": "Is Oak Family Advisors, LLC registered with the SEC or a state?",
      "a": "Oak Family Advisors, LLC is an SEC-registered investment advisory firm, registered since 2016. Status as filed: Approved. CRD 141332."
    },
    {
      "q": "How much does Oak Family Advisors, LLC manage?",
      "a": "Oak Family Advisors, LLC reports $621,000,000 in regulatory assets under management in its Form ADV filing dated June 11, 2026 (85% discretionary)."
    },
    {
      "q": "How have Oak Family Advisors, LLC's assets and staff changed since 2021?",
      "a": "In the Form ADV data for Oak Family Advisors, LLC: Regulatory assets under management: $310,400,000 in the October 2021 data and $621,000,000 in the October 2026 data, up 100%. 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 Oak Family Advisors, LLC serve?",
      "a": "By number of clients on Form ADV Item 5.D: high net worth individuals (128); individuals (other than high net worth individuals) (72); corporations or other businesses not listed above (2)."
    },
    {
      "q": "Which custodians does Oak Family Advisors, LLC use?",
      "a": "Oak Family Advisors, LLC's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Charles Schwab & Co., Inc. as a custodian holding 10% or more of its separately managed account assets."
    },
    {
      "q": "Does Oak Family Advisors, 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/141332"
    },
    {
      "q": "What changed in Oak Family Advisors, LLC's recent Form ADV filings?",
      "a": "In the April 2026 filing data: Regulatory assets under management went from $534,000,000 to $621,000,000 (+16%)."
    }
  ],
  "filing_history": [
    {
      "period": "2021-10-01",
      "regulatory_assets_under_management": 310400000.0,
      "total_employees": 6,
      "filing_date": "2021-07-22"
    },
    {
      "period": "2022-10-01",
      "regulatory_assets_under_management": 419800000.0,
      "total_employees": 7,
      "filing_date": "2022-03-21"
    },
    {
      "period": "2023-10-01",
      "regulatory_assets_under_management": 427200000.0,
      "total_employees": 7,
      "filing_date": "2023-03-27"
    },
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": 495800000.0,
      "total_employees": 7,
      "filing_date": "2024-03-20"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 534000000.0,
      "total_employees": 6,
      "filing_date": "2025-03-17"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 621000000.0,
      "total_employees": 6,
      "filing_date": "2026-06-11"
    }
  ],
  "recent_changes": [
    {
      "period": "2026-04-01",
      "period_label": "April 2026",
      "notes": [
        "Regulatory assets under management went from $534,000,000 to $621,000,000 (+16%)."
      ]
    }
  ],
  "fees_from_brochure": null,
  "custodians": [
    {
      "name": "Charles Schwab & Co., Inc.",
      "name_as_filed": "CHARLES SCHWAB & CO., 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/oak-family-advisors-llc-chicago-il-141332.md",
  "clients": [
    {
      "type": "individuals",
      "label": "Individuals (other than high net worth individuals)",
      "count": 72,
      "fewer_than_5": false,
      "raum": 20000000.0
    },
    {
      "type": "high_net_worth_individuals",
      "label": "High net worth individuals",
      "count": 128,
      "fewer_than_5": false,
      "raum": 553000000.0
    },
    {
      "type": "charitable",
      "label": "Charitable organizations",
      "count": 1,
      "fewer_than_5": false,
      "raum": 46000000.0
    },
    {
      "type": "corporations_other_businesses",
      "label": "Corporations or other businesses not listed above",
      "count": 2,
      "fewer_than_5": false,
      "raum": 2000000.0
    }
  ],
  "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/141332",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}