{"url":"https://nivawealth.com/firms/oak-advisors-137192","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/137192","regulatoryAum":284739465,"crd":"137192","adviserRoster":{"asOf":"2026-10-09","items":[{"crd":"4671684","suffix":null,"lastName":"CERRATI","firstName":"ALFRED","middleName":"ANTHONY"},{"crd":"3100917","suffix":null,"lastName":"CHIACCHIERO","firstName":"JOHN","middleName":"CHARLES"},{"crd":"7277792","suffix":null,"lastName":"Huie","firstName":"Sarah","middleName":null},{"crd":"7653156","suffix":null,"lastName":"Myhre","firstName":"Kevin","middleName":"Anthony"},{"crd":"3024239","suffix":null,"lastName":"MYHRE","firstName":"MICHELLE","middleName":"ANN"},{"crd":"4245858","suffix":null,"lastName":"YOSHIDA","firstName":"HEIDI","middleName":"OBENAUER"}],"total":6,"loadedAt":"2026-10-10T00:20:19.761928+00:00","sourceUrl":"https://reports.adviserinfo.sec.gov/reports/CompilationReports/IA_INDVL_Feed_10_09_2026.xml.zip"},"history":[{"filedOn":"2021-02-25","regulatoryAum":183671166,"clients":147,"employees":8,"offices":1},{"filedOn":"2022-02-02","regulatoryAum":207702833,"clients":147,"employees":9,"offices":1},{"filedOn":"2023-02-15","regulatoryAum":182173065,"clients":159,"employees":8,"offices":1},{"filedOn":"2024-01-24","regulatoryAum":209512283,"clients":168,"employees":7,"offices":1},{"filedOn":"2025-03-12","regulatoryAum":241818711,"clients":196,"employees":6,"offices":1},{"filedOn":"2026-02-14","regulatoryAum":284739465,"clients":163,"employees":6,"offices":1}],"secFileNumber":"801-64842","legalName":"Oak Advisors, LLC","displayName":"Oak Advisors","slug":"oak-advisors-137192","website":"https://oakadvisors.net/","classification":{"segment":"individuals","segmentLabel":"Wealth management","type":"independent_wealth_manager","typeLabel":"RIA","feeDisclosure":"full"},"founded":"2005","organization":"South Carolina limited liability company","fiscalYearEnd":"December","headquarters":{"street":"3 Clark Summit Drive, Suite 201","city":"Bluffton","state":"SC","stateName":"South Carolina","country":"United States","postalCode":"29910"},"tradeNames":[],"registration":{"secApproved":"25 October 2005","noticeFilings":null,"latestNoticeFiling":null},"wealthAumPerClient":1744271.5030674846,"staff":{"employees":6,"advisory":6,"brokerDealerReps":0,"insuranceAgents":0,"promoters":0},"aum":{"regulatory":284739465,"discretionary":284739465,"discretionaryAccounts":523,"nonDiscretionary":0,"nonDiscretionaryAccounts":0,"wrapProgram":null,"nonUsClientsPct":0,"nonAumClients":0},"clientTypes":[{"label":"Individuals (other than HNW)","clients":94,"regulatoryAum":37498839},{"label":"High-net-worth individuals","clients":69,"regulatoryAum":246817416},{"label":"Charitable organizations","clients":null,"fewerThan5":true,"regulatoryAum":423210}],"feePrograms":[{"role":"main","program":"Investment Advisory Services","feeBasis":"range","fee_tiers":null,"sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1006547","versionId":1006547,"ratePeriod":"annual","fee_billing":"advance","submittedOn":"2026-02-04","documentName":"ADV PART 2A","fee_rate_low":1,"fee_rate_high":1.5,"fee_negotiable":true,"minimum_account":null,"feeMinimumPeriod":null,"fee_minimum_annual":null},{"role":"other","program":"Stand-alone Financial Planning and Consulting","summary":"Stand-alone financial planning and consulting is negotiable, generally $1,000 to $10,000 as a fixed fee or $200 to $350 an hour.","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1006547","versionId":1006547,"submittedOn":"2026-02-04","documentName":"ADV PART 2A"}],"brochureCoverage":{"scope":"sec_inventory","status":"reviewed","checkedAt":"2026-10-22T13:20:29.182582+00:00","documents":[{"name":"ADV PART 2A","status":"read","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1006547","versionId":1006547,"submittedOn":"2026-02-04"}]},"custodians":[{"name":"Charles Schwab & Co., Inc.","shortName":"Charles Schwab","location":"Westlake, TX","smaAssets":284739465}],"custodyNote":"Oak Advisors does not have custody of client assets.","otherCustodians":[],"leadership":[{"name":"John Chiacchiero","title":"Chief Compliance Officer (CCO) and Managing Member","crd":"3100917"},{"name":"Michelle Myhre","title":"Managing Member","crd":"3024239"}],"ownership":[{"label":"Michelle Myhre","detail":"Managing member in the 50% to 75% ownership band and a control person, since September 2005."},{"label":"John Chiacchiero","detail":"Chief compliance officer (cco) and managing member in the 50% to 75% ownership band and a control person, since September 2005."}],"branchOffices":null,"filedOffices":{"otherThanPrincipal":0,"privateResidences":0},"listedOfficeAddresses":1,"foreignOffices":[],"officesByState":[{"state":"South Carolina","offices":1,"addresses":[{"street":"3 Clark Summit Drive, Suite 201","city":"Bluffton","headquarters":true}]}],"brochureServices":["estate planning","insurance","tax planning"],"advFacts":{"source":{"file":"ia100226.zip","asOf":"2 October 2026"},"telephone":"843-757-9339","stateRegisteredReps":6,"otherAdviserReps":0,"compensation":["A percentage of assets under management","Hourly charges","Fixed fees (other than subscription fees)"],"activities":["Financial planning services","Portfolio management for individuals and/or small businesses","Pension consulting services","Selection of other advisers (including private fund managers)"],"financialPlanningClients":"1-10","assetMix":[{"label":"Exchange-traded equity securities","percent":22},{"label":"Securities issued by pooled investment vehicles (other than registered investment companies)","percent":72},{"label":"Cash and cash equivalents","percent":6}],"privateFunds":0},"sources":{"adv1FilingDate":"14 February 2026","adv1Url":"https://reports.adviserinfo.sec.gov/reports/ADV/137192/PDF/137192.pdf","brochureDate":"4 February 2026","brochureUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1006547","iapdCompiledDate":null,"retrievedDate":"15 October 2026","retrievedOn":"2026-10-15","updatedOn":"2026-10-22","holdingsUpdatedOn":"2026-10-21","adv1Pages":{},"brochurePages":{}},"otherBusiness":[],"faq":[{"question":"How many clients does Oak Advisors have?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does Oak Advisors offer?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"How much does Oak Advisors charge?","answer":"Oak Advisors charges 1.00%–1.50% a year for its Investment Advisory Services. The fee is billed in advance and is negotiable.","source":"ADV PART 2A, filed 4 February 2026","sourceRef":{"doc":"brochure","section":"fees"}},{"question":"Which custodians does Oak Advisors use?","answer":"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","sourceRef":{"doc":"adv1","section":"custodians"}},{"question":"How many financial advisors does Oak Advisors have?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What does Oak Advisors invest in?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Who owns Oak Advisors?","answer":"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","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does Oak Advisors get paid?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"How do I contact Oak Advisors?","answer":"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.","source":"Form ADV Part 1A, Item 1.F, filed 14 February 2026","sourceRef":{"doc":"adv1","section":"offices"}}],"holdings":null,"notice":"Compiled from public SEC Form ADV filings on the dates in `sources`. Facts as filed; not a rating, ranking, or recommendation. Niva is not affiliated with this firm. Disciplinary history is deliberately not included here or on the page; the SEC publishes the complete record at the `iapdUrl` above."}