# The Oak Ridge Financial Services Group, Inc

> The Oak Ridge Financial Services Group, Inc is an SEC-registered investment advisory firm in Golden Valley, MN, registered since 2015, reporting $500 million to $1 billion in regulatory assets under management in its Form ADV filing dated December 23, 2025.

- CRD: 42941
- Filed as: THE OAK RIDGE FINANCIAL SERVICES GROUP, INC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Golden Valley, MN
- Filing period: October 2026
- Form ADV filing dated: December 23, 2025
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/42941
- AdvisorCensus page: https://advisorcensus.com/firm/the-oak-ridge-financial-services-group-inc-golden-valley-mn-42941

## Quick answers

**How is The Oak Ridge Financial Services Group, Inc compensated?**
On its Form ADV (Item 5.E, October 2026), The Oak Ridge Financial Services Group, Inc reports these compensation arrangements: a percentage of assets under its management; hourly charges; fixed fees (other than subscription fees).

**How much does The Oak Ridge Financial Services Group, Inc charge?**
Its Form ADV Part 2A brochure dated December 23, 2025 states: Flat fee: $500 to $3,000 (financial planning); Hourly rate: $150 to $350 an hour (financial planning). Fees can differ by service and may be negotiable; the brochure is the complete statement.

**Where is The Oak Ridge Financial Services Group, Inc located?**
The Oak Ridge Financial Services Group, Inc's principal office is in Golden Valley, MN, according to its Form ADV; the January 2026 filing also lists 1 other office (Schedule D, Section 1.F).

**Is The Oak Ridge Financial Services Group, Inc registered with the SEC or a state?**
The Oak Ridge Financial Services Group, Inc is an SEC-registered investment advisory firm, registered since 2015. Status as filed: Approved. CRD 42941.

**How much does The Oak Ridge Financial Services Group, Inc manage?**
The Oak Ridge Financial Services Group, Inc reports $668,581,099 in regulatory assets under management in its Form ADV filing dated December 23, 2025 (20% discretionary).

**How have The Oak Ridge Financial Services Group, Inc's assets and staff changed since 2021?**
In the Form ADV data for The Oak Ridge Financial Services Group, Inc: Regulatory assets under management: $311,111,947 in the October 2021 data and $668,581,099 in the October 2026 data, up 115%. Total employees: 68 in October 2021 and 57 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does The Oak Ridge Financial Services Group, Inc serve?**
By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (836); high net worth individuals (158); charitable organizations (6).

**Which custodians does The Oak Ridge Financial Services Group, Inc use?**
The Oak Ridge Financial Services Group, Inc's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists RBC Capital Markets, LLC as a custodian holding 10% or more of its separately managed account assets.

**Does The Oak Ridge Financial Services Group, Inc report any disciplinary disclosures?**
Reports 4 disclosure items on Form ADV Item 11: yes answers to 11.D(1) (another regulator's finding of a false statement or omission, or of dishonest, unfair, or unethical conduct), 11.D(2) (another regulator's finding of a violation), 11.D(4) (another regulator's order in the past ten years), and 11.E(2) (self-regulatory organization's finding of a rule violation). Each question covers the firm and its advisory affiliates, and one event can produce several yes answers. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/42941

**What changed in The Oak Ridge Financial Services Group, Inc's recent Form ADV filings?**
In the January 2026 filing data: No longer lists the business name The Swanson Group. Employees performing advisory functions went from 30 to 32. Regulatory assets under management went from $456,416,227 to $668,581,099 (+46%). Registered or notice-filed in DC, PA, UT, VT. Updated its list of owners and control persons (Schedule A).

## From the Form ADV filing

### Compensation (Item 5.E)
- A percentage of assets under your management
- Hourly charges
- Fixed fees (other than subscription fees)

### Fees and minimums (Form ADV Part 2A brochure dated December 23, 2025)

- Flat fee: $500 to $3,000 (financial planning)

> Oak Ridge offers financial planning on both a fixed fee and an hourly fee basis. Fees are negotiable based upon the complexity of the client’s financial situation and the requested services. Fixed fees range from $500 to $3,000.

- Hourly rate: $150 to $350 an hour (financial planning)

> Hourly fees range from $150 to $350 payable upon execution of the Agreement with the IAR. A financial plan is required to be delivered to the client.

As stated in the firm's brochure. Fees can differ by service and may be negotiable.

### Custodians (Schedule D, Section 5.K(3))
- RBC Capital Markets, LLC

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: $668,581,099
- Discretionary: $131,203,964
- Non-discretionary: $537,377,135

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 836 | $267,765,002 |
| High net worth individuals | 158 | $391,516,872 |
| Charitable organizations | 6 | $6,030,640 |
| Corporations or other businesses not listed above | 5 | $3,268,585 |

### Advisory services (Item 5.G)
- Financial planning services
- Portfolio management for individuals and/or small businesses
- Selection of other advisers (including private fund managers)

### Firm details
- Registered since: 2015 (11 years)
- Employees: 57 total, 32 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: AK, AR, AZ, CA, CO, CT, DC, DE, FL, GA, HI, IA, ID, IL, MA, MI, MN, MO, NC, ND, NJ, NM, NV, NY, OH, OR, PA, RI, SC, SD, TN, TX, UT, VA, VT, WA, WI, WY
- Disclosures (Item 11): Reports 4 disclosure items on Form ADV Item 11.

### Item 11 questions answered yes
- 11.D(1): Has another federal regulator, a state regulator, or a foreign financial regulator ever found that the firm or an advisory affiliate made a false statement or omission, or was dishonest, unfair, or unethical?
- 11.D(2): Has another federal regulator, a state regulator, or a foreign financial regulator ever found that the firm or an advisory affiliate was involved in a violation of investment-related regulations or statutes?
- 11.D(4): In the past ten years, has another federal regulator, a state regulator, or a foreign financial regulator entered an order against the firm or an advisory affiliate in connection with investment-related activity?
- 11.E(2): Has a self-regulatory organization or a commodities exchange ever found that the firm or an advisory affiliate was involved in a violation of its rules, other than a minor rule violation under a plan the SEC approved?

Each question covers the firm and its advisory affiliates: its current employees other than clerical staff, its officers, partners, and directors, and anyone who controls the firm or is controlled by it. One event can produce yes answers to several questions. SEC-registered advisers and exempt reporting advisers may leave out events more than ten years old, and may answer 11.A(2) and 11.B(2) for pending charges only. The detail of each yes answer is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/42941

### Other offices (Schedule D, Section 1.F), as of the January 2026 filing
- Woodbury, MN

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

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $311,111,947 | 68 | December 17, 2020 |
| October 2022 | $420,474,791 | 60 | December 23, 2021 |
| October 2023 | $337,981,996 | 61 | September 18, 2023 |
| October 2024 | $413,560,471 | 60 | September 26, 2024 |
| October 2025 | $456,416,227 | 60 | March 13, 2025 |
| October 2026 | $668,581,099 | 57 | December 23, 2025 |

Regulatory assets under management: $311,111,947 in the October 2021 data and $668,581,099 in the October 2026 data, up 115%.
Total employees: 68 in October 2021 and 57 in October 2026.

## Changes in the filing (last 12 months)

### January 2026
- No longer lists the business name The Swanson Group.
- Employees performing advisory functions went from 30 to 32.
- Regulatory assets under management went from $456,416,227 to $668,581,099 (+46%).
- Registered or notice-filed in DC, PA, UT, VT.
- Updated its list of owners and control persons (Schedule A).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. The Oak Ridge Financial Services Group, Inc (CRD 42941): Form ADV filing data as of October 2026.