AdvisorCensus / Financial advisors / Pennsylvania / York / Oars Capital
Oars Capital is an SEC-registered investment advisory firm in Dillsburg, PA, registered since 2020, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated March 30, 2026.
Quick answers
From the filingHow is Oars Capital compensated?
On its Form ADV (Item 5.E, October 2026), Oars Capital reports these compensation arrangements: a percentage of assets under its management; fixed fees (other than subscription fees).
Where is Oars Capital located?
Oars Capital's principal office is in Dillsburg, PA, according to its Form ADV.
Is Oars Capital registered with the SEC or a state?
Oars Capital is an SEC-registered investment advisory firm, registered since 2020. Status as filed: Approved. CRD 153198.
How much does Oars Capital manage?
Oars Capital reports $397,735,451 in regulatory assets under management in its Form ADV filing dated March 30, 2026 (100% discretionary).
How have Oars Capital's assets and staff changed since 2021?
In the Form ADV data for Oars Capital: Regulatory assets under management: $301,956,790 in the October 2021 data and $397,735,451 in the October 2026 data, up 32%. Total employees: 4 in October 2021 and 3 in October 2026. Assets under management move with markets as well as with clients coming and going.
What types of clients does Oars Capital serve?
By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (94); high net worth individuals (64).
Does Oars Capital 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/153198
Does Oars Capital state an account minimum?
Its Form ADV Part 2A brochure dated March 30, 2026 says: "Generally, Oars does not have a minimum account size to consider working with a new Client."
What changed in Oars Capital's recent Form ADV filings?
In the April 2026 filing data: Regulatory assets under management went from $360,293,484 to $397,735,451 (+10%).
From the Form ADV filing
Every figure below is as the firm filed it with regulators, as of October 2026.
How the firm is compensated
Item 5.E- A percentage of assets under your management
- Fixed fees (other than subscription fees)
Item 5.E lists how the firm is compensated for its advice; Items 5.B, 6.A, and 7.A show whether its people or related companies can also earn commissions. Percentage of assets, fixed, hourly, subscription, and performance-based fees come from clients (a performance-based fee depends on investment results); commissions come with a sale or a trade, often from the company behind the product. How fees, commissions, and other arrangements differ
Fees and minimums
Form ADV Part 2AAccount minimum: None
The brochure's wording
Generally, Oars does not have a minimum account size to consider working with a new Client.
As stated in the firm's Form ADV Part 2A brochure dated March 30, 2026. Fees can differ by service and may be negotiable; the brochure is the complete statement. Read the brochure on the SEC's IAPD site
Regulatory assets under management
Item 5.F$397,735,451 as of October 2026, filing dated March 30, 2026.
A measure of scale, not skill or returns. Discretionary means the firm decides trades; non-discretionary means clients approve each one. What assets under management means
Who the firm serves
Item 5.DA firm with no individual clients is an institutional manager even if it manages billions; the mix tells you whom the practice is built around.
Advisory services
Item 5.G- Financial planning services
- Portfolio management for individuals and/or small businesses
Registration and firm details
Items 1, 2, 5- Legal name
- Red Wave Investments LLC
- Also doing business as
- RED WAVE INVESTMENTS
- Registration
- SEC-registered investment adviser. Status as filed: Approved.
- Registered since
- 2020 (6 years)
- Employees
- Total: 3. Performing investment advisory functions: 1.
- Wrap fee program participation
- No.
- States registered or notice-filed
-
8 states or jurisdictions
SEC-registered investment advisers are examined by the SEC. SEC, state, and exempt registration
Disclosures
Item 11None Reports no disclosure items on Form ADV Item 11. View on IAPD.
Item 11 asks about criminal, regulatory, and civil events involving the firm and its advisory personnel. The detail of each yes answer is on the IAPD record. Reading a firm's disclosures
Assets and staff over time
Items 5.A, 5.F| Data period | Assets under management | Employees | Filing dated |
|---|---|---|---|
| October 2026 | $397,735,451 | 3 | March 30, 2026 |
| October 2025 | $360,293,484 | 3 | March 26, 2025 |
| October 2024 | $329,109,903 | 2 | March 28, 2024 |
| October 2023 | $293,395,978 | 3 | March 27, 2023 |
| October 2022 | $372,319,599 | 3 | March 23, 2022 |
| October 2021 | $301,956,790 | 4 | March 30, 2021 |
Regulatory assets under management: $301,956,790 in the October 2021 data and $397,735,451 in the October 2026 data, up 32%.
Total employees: 4 in October 2021 and 3 in October 2026.
As filed in each year's data for the same month. Assets under management move with markets as well as with clients coming and going; they measure scale, not skill or returns. Most firms update these figures once a year.
Changes in the filing
Last 12 months- April 2026
- Regulatory assets under management went from $360,293,484 to $397,735,451 (+10%).
Compared month to month from the SEC's monthly adviser data and the state compilation feed. Owners and control persons are summarized, never named.
Websites listed on Form ADV
Item 1.ISource: Form ADV, as of October 2026. Values appear as filed; a value the firm did not report is shown as "Not reported."
Cite this page
AdvisorCensus. Oars Capital (CRD 153198): Form ADV filing data as of October 2026. https://advisorcensus.com/firm/oars-capital-dillsburg-pa-153198