Oak Advisors provides financial planning, portfolio management for individuals and small businesses, pension consulting, selecting other managers, estate planning, insurance, and tax planning. Financial planning was provided to 1–10 clients last fiscal year.
Oak Advisors reports 163 clients. They include 94 individual clients and 69 high-net-worth individuals. Of its assets, 100.0% ($285M across 523 accounts) are managed with discretion.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 58% | 13% |
| High-net-worth individuals | 42% | 87% |
| Charitable organizations | Fewer than 5 | <1% |
Client shares use reported counts. Client types without a reported count are excluded from that total.
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 94 | $37.5M | 13.2% | $399K |
| High-net-worth individuals | 69 | $247M | 86.7% | $3.58M |
| Charitable organizations | Fewer than 5 | $423K | 0.1% | — |
| Total | 163 | $285M | 100% | — |
- Clients
- 94
- Regulatory AUM
- $37.5M
- AUM share
- 13.2%
- Avg. per client
- $399K
- Clients
- 69
- Regulatory AUM
- $247M
- AUM share
- 86.7%
- Avg. per client
- $3.58M
- Clients
- Fewer than 5
- Regulatory AUM
- $423K
- AUM share
- 0.1%
- Avg. per client
- —
Total
- Clients
- 163
- Regulatory AUM
- $285M
- AUM share
- 100%
- Avg. per client
- —
- Clients outside the U.S.
- 0%
- Clients advised without assets under management last fiscal year
- 0
- Private funds advised
- 0
- Financial planning clients last fiscal year
- 1–10
Oak Advisors charges 1.00%–1.50% a year for its Investment Advisory Services. The fee is billed in advance and is negotiable. The brochure also prices one other service, listed under fee details.
Fee details and sources
Other fees
- Stand-alone Financial Planning and Consulting
- Stand-alone financial planning and consulting is negotiable, generally $1,000 to $10,000 as a fixed fee or $200 to $350 an hour.
Michelle Myhre owns 50% to 75% of Oak Advisors. The leadership team of Oak Advisors includes Chief Compliance Officer John Chiacchiero. It has 6 employees.
Leadership
- John ChiacchieroChief Compliance Officer (CCO) and Managing Member
- Michelle MyhreManaging Member
Investment adviser representatives
6 representatives listed in the SEC register as of 9 October 2026.
- Alfred Anthony Cerrati
- John Charles Chiacchiero
- Sarah Huie
- Kevin Anthony Myhre
- Michelle Ann Myhre
- Heidi Obenauer Yoshida
Staff
- 6 employees
- 6 in advisory functions
- 6 state-registered reps
- Owns 50% to 75% of Oak Advisors, LLC
Michelle Myhre
Control person · since September 2005
- Owns 50% to 75% of Oak Advisors, LLC
John Chiacchiero
Control person · since September 2005
Oak Advisors’ regulatory assets grew 1.6× from $184M (February 2021) to $285M (February 2026); clients rose from 147 to 163 and employees fell from 8 to 6.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | Employees | Offices |
|---|---|---|---|---|
| February 2026 | $285M | 163 | 6 | 1 |
| March 2025 | $242M | 196 | 6 | 1 |
| January 2024 | $210M | 168 | 7 | 1 |
| February 2023 | $182M | 159 | 8 | 1 |
| February 2022 | $208M | 147 | 9 | 1 |
| February 2021 | $184M | 147 | 8 | 1 |
Besides its headquarters, Oak Advisors has 0 offices, with 1 listed address in South Carolina.
South Carolina · 1 listed address
- 3 Clark Summit Drive, Suite 201, BlufftonHQ
Contact and registration details
- Legal name
- Oak Advisors, LLC
- Headquarters
- 3 Clark Summit Drive, Suite 201, Bluffton, SC 29910
- Website
- oakadvisors.net
- Phone
- 843-757-9339
- SEC file
- 801-64842
- Founded
- 2005
- Structure
- South Carolina LLC
- Fiscal year end
- December
Oak Advisors uses Charles Schwab ($285M) as custodian for its separately managed accounts. Oak Advisors does not have custody of client assets.
- Charles SchwabCharles Schwab & Co., Inc. · Westlake, TX · $285M100%
At year end, Oak Advisors’ separately managed accounts were mostly in funds (72%) and stocks (22%).
What the accounts hold
- Stocks22%
- Funds72%
- Cash6%
How many clients does Oak Advisors have?
Oak Advisors has 163 clients and manages $285 million for them, as of February 2026. They include 94 individual clients and 69 high-net-worth individuals.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 14 February 2026
What services does Oak Advisors offer?
Oak Advisors provides financial planning, portfolio management for individuals and small businesses, pension consulting, selecting other managers, estate planning, insurance, and tax planning.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file; Part 2A brochure, Item 4
How much does Oak Advisors charge?
Oak Advisors charges 1.00%–1.50% a year for its Investment Advisory Services. The fee is billed in advance and is negotiable.
Which custodians does Oak Advisors use?
Oak Advisors’ separately managed account assets are held at Charles Schwab & Co., Inc. (Westlake, TX), with $285M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 14 February 2026
How many financial advisors does Oak Advisors have?
Oak Advisors has 6 investment adviser representatives registered with state securities authorities, out of 6 employees, and 6 perform investment advisory functions. None are registered representatives of a broker-dealer or licensed insurance agents.
Source: Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file
What does Oak Advisors invest in?
At the end of its last fiscal year, Oak Advisors’ separately managed accounts held 72% pooled vehicles (private funds and similar), 22% exchange-traded equities and 6% cash and equivalents.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Oak Advisors?
Oak Advisors’ direct owners are Michelle Myhre (50% to 75%) and John Chiacchiero (50% to 75%).
Source: Form ADV Part 1A, Schedules A and B, filed 14 February 2026
How does Oak Advisors get paid?
Oak Advisors is paid through a percentage of assets under management, hourly charges and fixed fees. Its Form ADV lists no commissions or performance-based fees among how it is paid.
Source: Form ADV Part 1A, Item 5.E, from the SEC's 2 October 2026 data file
How do I contact Oak Advisors?
Oak Advisors’ main office is at 3 Clark Summit Drive, Suite 201, Bluffton, SC 29910. Its phone number is 843-757-9339. Its website is oakadvisors.net.