{ "crd_number": 335388, "slug": "oakworth-asset-management-llc-birmingham-al-335388", "primary_business_name": "OAKWORTH ASSET MANAGEMENT, LLC", "legal_name": "OAKWORTH ASSET MANAGEMENT, LLC", "dbas": [], "city": "Birmingham", "state": "AL", "country": "United States", "cbsa_code": "13820", "metro": { "cbsa_code": "13820", "common_name": "Birmingham", "msa_name": "Birmingham, AL", "path": "/advisors/al/birmingham" }, "registration_type": "sec", "registration_status": "Approved", "registration_date": "2025-07-01", "years_registered": 1, "period": "2026-10-01", "filing_date": "2026-03-27", "carried_forward": false, "raum_total": 846327168.0, "raum_discretionary": 846327168.0, "raum_non_discretionary": 0.0, "raum_band": "500m_1b", "raum_band_label": "$500 million to $1 billion", "total_employees": 20, "advisory_employees": 19, "client_count_bucket": null, "clients_by_type": { "individuals": { "raum": 171399818.0, "count": 373 }, "high_net_worth_individuals": { "raum": 540164883.0, "count": 166 }, "corporations_other_businesses": { "raum": 134762467.0, "count": 26 } }, "compensation_types": [ "fixed", "hourly", "percentage_of_aum" ], "advisory_activities": [ "financial_planning", "portfolio_management_businesses_institutional", "portfolio_management_individuals", "portfolio_management_pooled_vehicles", "selection_of_other_advisers" ], "wrap_fee_participant": false, "disclosure_yes_count": 0, "states_registered": [ "AL", "CA", "FL", "GA", "LA", "MS", "NC", "NH", "TN", "TX" ], "websites": [ "https://oakworth.com/oakworth-asset-management/advisory-services" ], "iapd_url": "https://adviserinfo.sec.gov/firm/summary/335388", "city_as_filed": "BIRMINGHAM", "url": "https://advisorcensus.com/firm/oakworth-asset-management-llc-birmingham-al-335388", "display_name": "Oakworth Asset Management, LLC", "summary": "Oakworth Asset Management, LLC is an SEC-registered investment advisory firm in Birmingham, AL, registered since 2025, reporting $500 million to $1 billion in regulatory assets under management in its Form ADV filing dated March 27, 2026.", "citation": "AdvisorCensus. Oakworth Asset Management, LLC (CRD 335388): Form ADV filing data as of October 2026.", "registration_type_label": "SEC-registered investment adviser", "compensation_labels": [ "A percentage of assets under your management", "Hourly charges", "Fixed fees (other than subscription fees)" ], "advisory_activity_labels": [ "Financial planning services", "Portfolio management for individuals and/or small businesses", "Portfolio management for pooled investment vehicles (other than investment companies)", "Portfolio management for businesses (other than small businesses) or institutional clients", "Selection of other advisers (including private fund managers)" ], "quick_answers": [ { "q": "How is Oakworth Asset Management, LLC compensated?", "a": "On its Form ADV (Item 5.E, October 2026), Oakworth Asset Management, LLC reports these compensation arrangements: a percentage of assets under its management; hourly charges; fixed fees (other than subscription fees)." }, { "q": "Where is Oakworth Asset Management, LLC located?", "a": "Oakworth Asset Management, LLC's principal office is in Birmingham, AL, according to its Form ADV; the April 2026 filing also lists 3 other offices (Schedule D, Section 1.F)." }, { "q": "Is Oakworth Asset Management, LLC registered with the SEC or a state?", "a": "Oakworth Asset Management, LLC is an SEC-registered investment advisory firm, registered since 2025. Status as filed: Approved. CRD 335388." }, { "q": "How much does Oakworth Asset Management, LLC manage?", "a": "Oakworth Asset Management, LLC reports $846,327,168 in regulatory assets under management in its Form ADV filing dated March 27, 2026 (100% discretionary)." }, { "q": "How have Oakworth Asset Management, LLC's assets and staff changed since 2025?", "a": "In the Form ADV data for Oakworth Asset Management, LLC: Regulatory assets under management: $0 in the October 2025 data and $846,327,168 in the October 2026 data. Total employees: 15 in October 2025 and 20 in October 2026. Assets under management move with markets as well as with clients coming and going." }, { "q": "What types of clients does Oakworth Asset Management, LLC serve?", "a": "By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (373); high net worth individuals (166); corporations or other businesses not listed above (26)." }, { "q": "Which custodians does Oakworth Asset Management, LLC use?", "a": "Oakworth Asset Management, LLC's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Axos Clearing LLC and Oakworthcapital Bank (affiliated with the firm) as custodians holding 10% or more of its separately managed account assets." }, { "q": "Does Oakworth 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/335388" }, { "q": "What changed in Oakworth Asset Management, LLC's recent Form ADV filings?", "a": "In the April 2026 filing data: Regulatory assets under management went from $757,410,003 to $846,327,168 (+12%). Employees performing advisory functions went from 15 to 19." } ], "filing_history": [ { "period": "2025-10-01", "regulatory_assets_under_management": 0.0, "total_employees": 15, "filing_date": "2025-07-01" }, { "period": "2026-10-01", "regulatory_assets_under_management": 846327168.0, "total_employees": 20, "filing_date": "2026-03-27" } ], "recent_changes": [ { "period": "2026-04-01", "period_label": "April 2026", "notes": [ "Regulatory assets under management went from $757,410,003 to $846,327,168 (+12%).", "Employees performing advisory functions went from 15 to 19." ] }, { "period": "2026-03-01", "period_label": "March 2026", "notes": [ "Updated its list of owners and control persons (Schedule A)." ] }, { "period": "2026-01-01", "period_label": "January 2026", "notes": [ "Registered or notice-filed in MS.", "No longer registered or notice-filed in SC." ] }, { "period": "2025-12-01", "period_label": "December 2025", "notes": [ "Regulatory assets under management went from $0 to $757,410,003.", "Registered or notice-filed in CA, FL, GA, NH, SC." ] } ], "fees_from_brochure": null, "custodians": [ { "name": "Axos Clearing LLC", "name_as_filed": "AXOS CLEARING LLC", "affiliated": false }, { "name": "Oakworthcapital Bank", "name_as_filed": "OAKWORTHCAPITAL BANK", "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/oakworth-asset-management-llc-birmingham-al-335388.md", "clients": [ { "type": "individuals", "label": "Individuals (other than high net worth individuals)", "count": 373, "fewer_than_5": false, "raum": 171399818.0 }, { "type": "high_net_worth_individuals", "label": "High net worth individuals", "count": 166, "fewer_than_5": false, "raum": 540164883.0 }, { "type": "corporations_other_businesses", "label": "Corporations or other businesses not listed above", "count": 26, "fewer_than_5": false, "raum": 134762467.0 } ], "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/335388", "operator": "BH Monitor Services, LLC", "license": "https://creativecommons.org/licenses/by/4.0/", "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data" } }