# Okabena Investment Services Inc

> Okabena Investment Services Inc is an SEC-registered investment advisory firm in Minneapolis, MN, registered since 1994, reporting $1 billion to $5 billion in regulatory assets under management in its Form ADV filing dated March 27, 2026.

- CRD: 111162
- Filed as: OKABENA INVESTMENT SERVICES INC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Minneapolis, MN
- Filing period: October 2026
- Form ADV filing dated: March 27, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/111162
- AdvisorCensus page: https://advisorcensus.com/firm/okabena-investment-services-inc-minneapolis-mn-111162

## Quick answers

**How is Okabena Investment Services Inc compensated?**
On its Form ADV (Item 5.E, October 2026), Okabena Investment Services Inc 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 Okabena Investment Services Inc located?**
Okabena Investment Services Inc's principal office is in Minneapolis, MN, according to its Form ADV.

**Is Okabena Investment Services Inc registered with the SEC or a state?**
Okabena Investment Services Inc is an SEC-registered investment advisory firm, registered since 1994. Status as filed: Approved. CRD 111162.

**How much does Okabena Investment Services Inc manage?**
Okabena Investment Services Inc reports $2,120,659,435 in regulatory assets under management in its Form ADV filing dated March 27, 2026 (89% discretionary).

**How have Okabena Investment Services Inc's assets and staff changed since 2021?**
In the Form ADV data for Okabena Investment Services Inc: Regulatory assets under management: $1,424,610,367 in the October 2021 data and $2,120,659,435 in the October 2026 data, up 49%. Total employees: 14 in October 2021 and 18 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Okabena Investment Services Inc serve?**
By number of clients on Form ADV Item 5.D: high net worth individuals (125); pooled investment vehicles (other than investment companies and business development companies) (12); charitable organizations (11).

**Which custodians does Okabena Investment Services Inc use?**
Okabena Investment Services Inc'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.

**Does Okabena Investment Services Inc 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/111162

**What changed in Okabena Investment Services Inc's recent Form ADV filings?**
In the April 2026 filing data: Regulatory assets under management went from $1,848,712,472 to $2,120,659,435 (+15%). Registered or notice-filed in CA, FL, MT.

## From the Form ADV filing

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

### Custodians (Schedule D, Section 5.K(3))
- Charles Schwab & Co., Inc.

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: $2,120,659,435
- Discretionary: $1,889,551,788
- Non-discretionary: $231,107,647

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | Fewer than 5 | $63 |
| High net worth individuals | 125 | $486,496,725 |
| Banking or thrift institutions | 0 | Not reported |
| Investment companies | 0 | Not reported |
| Business development companies | 0 | Not reported |
| Pooled investment vehicles (other than investment companies and business development companies) | 12 | $1,423,323,129 |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | 0 | Not reported |
| Charitable organizations | 11 | $48,277,426 |
| State or municipal government entities (including government pension plans) | 0 | Not reported |
| Other investment advisers | 0 | Not reported |
| Insurance companies | 0 | Not reported |
| Sovereign wealth funds and foreign official institutions | 0 | Not reported |
| Corporations or other businesses not listed above | 0 | Not reported |
| Other | Fewer than 5 | $162,562,092 |

### Advisory services (Item 5.G)
- 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)
- Other

### Firm details
- Registered since: 1994 (31 years)
- Employees: 18 total, 8 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: CA, FL, MA, MN, MT, NE, NY, SD, TX
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Websites listed on Form ADV (Item 1.I)
- [okabena.com](https://okabena.com)

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $1,424,610,367 | 14 | April 19, 2021 |
| October 2022 | $1,728,381,200 | 15 | March 28, 2022 |
| October 2023 | $1,498,619,425 | 16 | March 17, 2023 |
| October 2024 | $1,722,010,578 | 17 | March 29, 2024 |
| October 2025 | $1,848,712,472 | 18 | March 25, 2025 |
| October 2026 | $2,120,659,435 | 18 | March 27, 2026 |

Regulatory assets under management: $1,424,610,367 in the October 2021 data and $2,120,659,435 in the October 2026 data, up 49%.
Total employees: 14 in October 2021 and 18 in October 2026.

## Changes in the filing (last 12 months)

### April 2026
- Regulatory assets under management went from $1,848,712,472 to $2,120,659,435 (+15%).
- Registered or notice-filed in CA, FL, MT.

### February 2026
- Updated its list of owners and control persons (Schedule A).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Okabena Investment Services Inc (CRD 111162): Form ADV filing data as of October 2026.