How Are We Compensated?

Oak Private Wealth earns its revenue through its wealth management and financial planning fees. As a fee-based wealth advisory firm, we do not receive commissions or additional revenue from product providers for investments in your accounts. This allows us to offer truly objective financial advice and align our goals with those of our clients in protecting and growing their wealth and avoiding the conflicts of interest that can exist in some financial services firms. Our firm charges a percentage of the assets under management, determined according to the total assets managed and the overall complexity of your situation.

Clients interested in financial planning only or who fall below minimum assets under management thresholds may be charged an agreed-upon flat fee, assessed annually, according to the complexity of the plan. If a client has a need for insurance products, we will not be paid an advisory fee, but rather an insurance commission.