{
  "crd_number": 129112,
  "slug": "oakbourne-advisors-berkeley-heights-nj-129112",
  "primary_business_name": "OAKBOURNE ADVISORS",
  "legal_name": "NORTHSTAR ASSET MANAGEMENT LLC",
  "dbas": [],
  "city": "Berkeley Heights",
  "state": "NJ",
  "country": "United States",
  "cbsa_code": "35620",
  "metro": {
    "cbsa_code": "35620",
    "common_name": "New York",
    "msa_name": "New York-Newark-Jersey City, NY-NJ",
    "path": "/advisors/ny/new-york"
  },
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "2021-06-02",
  "years_registered": 5,
  "period": "2026-10-01",
  "filing_date": "2026-03-31",
  "carried_forward": false,
  "raum_total": 347905661.0,
  "raum_discretionary": 347905661.0,
  "raum_non_discretionary": 0.0,
  "raum_band": "100m_500m",
  "raum_band_label": "$100 million to $500 million",
  "total_employees": 10,
  "advisory_employees": 8,
  "client_count_bucket": null,
  "clients_by_type": {
    "other": {
      "raum": 0.0,
      "count": 0
    },
    "charitable": {
      "raum": 505359.0,
      "count": 1
    },
    "individuals": {
      "raum": 102167861.0,
      "count": 342
    },
    "banking_thrift": {
      "raum": 0.0,
      "count": 0
    },
    "state_municipal": {
      "raum": 0.0,
      "count": 0
    },
    "insurance_companies": {
      "raum": 0.0,
      "count": 0
    },
    "investment_companies": {
      "raum": 0.0,
      "count": 0
    },
    "pension_profit_sharing": {
      "raum": 1991034.0,
      "count": 57
    },
    "other_investment_advisers": {
      "raum": 0.0,
      "count": 0
    },
    "high_net_worth_individuals": {
      "raum": 243241407.0,
      "count": 95
    },
    "pooled_investment_vehicles": {
      "raum": 0.0,
      "count": 0
    },
    "corporations_other_businesses": {
      "raum": 0.0,
      "count": 0
    },
    "business_development_companies": {
      "raum": 0.0,
      "count": 0
    },
    "sovereign_wealth_foreign_official": {
      "raum": 0.0,
      "count": 0
    }
  },
  "compensation_types": [
    "fixed",
    "percentage_of_aum"
  ],
  "advisory_activities": [
    "financial_planning",
    "pension_consulting",
    "portfolio_management_individuals"
  ],
  "wrap_fee_participant": false,
  "disclosure_yes_count": 0,
  "states_registered": [
    "CA",
    "DE",
    "FL",
    "MD",
    "NC",
    "NJ",
    "NY",
    "PA",
    "SC",
    "TX",
    "VA"
  ],
  "websites": [
    "https://facebook.com/oakbourneadvisors",
    "https://linkedin.com/company/oakbourne-advisors",
    "https://nstarinvest.com",
    "https://oakbourne.com",
    "https://oakbourneadvisors.com"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/129112",
  "city_as_filed": "BERKELEY HEIGHTS",
  "url": "https://advisorcensus.com/firm/oakbourne-advisors-berkeley-heights-nj-129112",
  "display_name": "Oakbourne Advisors",
  "summary": "Oakbourne Advisors is an SEC-registered investment advisory firm in Berkeley Heights, NJ, registered since 2021, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated March 31, 2026.",
  "citation": "AdvisorCensus. Oakbourne Advisors (CRD 129112): 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",
    "Pension consulting services"
  ],
  "quick_answers": [
    {
      "q": "How is Oakbourne Advisors compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), Oakbourne Advisors reports these compensation arrangements: a percentage of assets under its management; fixed fees (other than subscription fees)."
    },
    {
      "q": "How much does Oakbourne Advisors charge?",
      "a": "Its Form ADV Part 2A brochure dated March 31, 2026 states: Asset-based fee: 0.15% to 1% a year (a range, as the brochure states it); Flat fee: $3,000 to $10,000 (financial planning and consulting fees); Hourly rate: $300 an hour (financial planning and consulting services). Fees can differ by service and may be negotiable; the brochure is the complete statement."
    },
    {
      "q": "Where is Oakbourne Advisors located?",
      "a": "Oakbourne Advisors' principal office is in Berkeley Heights, NJ, according to its Form ADV; the April 2026 filing also lists 2 other offices (Schedule D, Section 1.F)."
    },
    {
      "q": "Is Oakbourne Advisors registered with the SEC or a state?",
      "a": "Oakbourne Advisors is an SEC-registered investment advisory firm, registered since 2021. Status as filed: Approved. CRD 129112."
    },
    {
      "q": "How much does Oakbourne Advisors manage?",
      "a": "Oakbourne Advisors reports $347,905,661 in regulatory assets under management in its Form ADV filing dated March 31, 2026 (100% discretionary)."
    },
    {
      "q": "How have Oakbourne Advisors' assets and staff changed since 2021?",
      "a": "In the Form ADV data for Oakbourne Advisors: Regulatory assets under management: $123,786,973 in the October 2021 data and $347,905,661 in the October 2026 data, up 181%. Total employees: 8 in October 2021 and 10 in October 2026. Assets under management move with markets as well as with clients coming and going."
    },
    {
      "q": "What types of clients does Oakbourne Advisors serve?",
      "a": "By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (342); high net worth individuals (95); pension and profit sharing plans (but not the plan participants or government pension plans) (57)."
    },
    {
      "q": "Which custodians does Oakbourne Advisors use?",
      "a": "Oakbourne Advisors' most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Charles Schwab & Co., Inc. and SEI Investments Distribution Co. as custodians holding 10% or more of its separately managed account assets."
    },
    {
      "q": "Does Oakbourne 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/129112"
    },
    {
      "q": "What changed in Oakbourne Advisors' recent Form ADV filings?",
      "a": "In the April 2026 filing data: Employees performing advisory functions went from 7 to 8. Regulatory assets under management went from $283,595,331 to $347,905,661 (+23%). Registered or notice-filed in TX. Updated its list of owners and control persons (Schedule A)."
    }
  ],
  "filing_history": [
    {
      "period": "2021-10-01",
      "regulatory_assets_under_management": 123786973.0,
      "total_employees": 8,
      "filing_date": "2021-09-13"
    },
    {
      "period": "2022-10-01",
      "regulatory_assets_under_management": 157468450.0,
      "total_employees": 9,
      "filing_date": "2022-06-02"
    },
    {
      "period": "2023-10-01",
      "regulatory_assets_under_management": 144840191.0,
      "total_employees": 9,
      "filing_date": "2023-03-23"
    },
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": 195665487.0,
      "total_employees": 9,
      "filing_date": "2024-03-27"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 283595331.0,
      "total_employees": 9,
      "filing_date": "2025-03-25"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 347905661.0,
      "total_employees": 10,
      "filing_date": "2026-03-31"
    }
  ],
  "recent_changes": [
    {
      "period": "2026-04-01",
      "period_label": "April 2026",
      "notes": [
        "Employees performing advisory functions went from 7 to 8.",
        "Regulatory assets under management went from $283,595,331 to $347,905,661 (+23%).",
        "Registered or notice-filed in TX.",
        "Updated its list of owners and control persons (Schedule A)."
      ]
    }
  ],
  "fees_from_brochure": {
    "source": "Form ADV Part 2A brochure dated March 31, 2026",
    "provided_by_the_firm": false,
    "tiers": [],
    "flat_rate": null,
    "stated_range": "0.15% to 1% a year",
    "stated_maximum": null,
    "account_minimum": null,
    "account_minimum_may_be_waived": false,
    "minimum_annual_fee": null,
    "planning_fees": [
      "Flat fee: $3,000 to $10,000 (financial planning and consulting fees)",
      "Hourly rate: $300 an hour (financial planning and consulting services)"
    ],
    "figures": [
      {
        "label": "Asset-based fee",
        "statements": [
          "Asset-based fee: 0.15% to 1% a year (a range, as the brochure states it)"
        ],
        "quotes": [
          "Oakbourne Advisors’s advisory fee for these services is generally between .15% and 1% of the value of retirement plan assets, or a negotiated fixed fee, depending upon the scope of the engagement."
        ]
      },
      {
        "label": "Planning fee",
        "statements": [
          "Flat fee: $3,000 to $10,000 (financial planning and consulting fees)"
        ],
        "quotes": [
          "Oakbourne Advisors’s financial planning and consulting fees are negotiable but can range from  $3,000 to $10,000 on a fixed fee basis depending upon the scope and complexity of the services"
        ]
      },
      {
        "label": "Planning fee",
        "statements": [
          "Hourly rate: $300 an hour (financial planning and consulting services)"
        ],
        "quotes": [
          "Oakbourne Advisors’s financial planning and consulting fees are negotiable but can range from  $3,000 to $10,000 on a fixed fee basis depending upon the scope and complexity of the services or are $300 per hour if engaged on an hourly rate basis."
        ]
      }
    ],
    "values": {
      "tiers": [],
      "range_pct": [
        0.15,
        1.0
      ],
      "max_pct": null,
      "account_minimum": null,
      "minimum_annual_fee": null,
      "planning": [
        {
          "kind": "flat",
          "amount": null,
          "min": 3000.0,
          "max": 10000.0,
          "period": "one_time",
          "service": "financial planning and consulting fees"
        },
        {
          "kind": "hourly",
          "amount": 300.0,
          "min": null,
          "max": null,
          "period": "hour",
          "service": "financial planning and consulting services"
        }
      ]
    },
    "quotes": [
      "Oakbourne Advisors’s advisory fee for these services is generally between .15% and 1% of the value of retirement plan assets, or a negotiated fixed fee, depending upon the scope of the engagement.",
      "Oakbourne Advisors’s financial planning and consulting fees are negotiable but can range from  $3,000 to $10,000 on a fixed fee basis depending upon the scope and complexity of the services",
      "Oakbourne Advisors’s financial planning and consulting fees are negotiable but can range from  $3,000 to $10,000 on a fixed fee basis depending upon the scope and complexity of the services or are $300 per hour if engaged on an hourly rate basis."
    ],
    "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": "SEI Investments Distribution Co.",
      "name_as_filed": "SEI INVESTMENTS DISTRIBUTION CO.",
      "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/oakbourne-advisors-berkeley-heights-nj-129112.md",
  "clients": [
    {
      "type": "individuals",
      "label": "Individuals (other than high net worth individuals)",
      "count": 342,
      "fewer_than_5": false,
      "raum": 102167861.0
    },
    {
      "type": "high_net_worth_individuals",
      "label": "High net worth individuals",
      "count": 95,
      "fewer_than_5": false,
      "raum": 243241407.0
    },
    {
      "type": "banking_thrift",
      "label": "Banking or thrift institutions",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "investment_companies",
      "label": "Investment companies",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "business_development_companies",
      "label": "Business development companies",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "pooled_investment_vehicles",
      "label": "Pooled investment vehicles (other than investment companies and business development companies)",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "pension_profit_sharing",
      "label": "Pension and profit sharing plans (but not the plan participants or government pension plans)",
      "count": 57,
      "fewer_than_5": false,
      "raum": 1991034.0
    },
    {
      "type": "charitable",
      "label": "Charitable organizations",
      "count": 1,
      "fewer_than_5": false,
      "raum": 505359.0
    },
    {
      "type": "state_municipal",
      "label": "State or municipal government entities (including government pension plans)",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "other_investment_advisers",
      "label": "Other investment advisers",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "insurance_companies",
      "label": "Insurance companies",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "sovereign_wealth_foreign_official",
      "label": "Sovereign wealth funds and foreign official institutions",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "corporations_other_businesses",
      "label": "Corporations or other businesses not listed above",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "other",
      "label": "Other",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    }
  ],
  "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/129112",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}