Oak City Consulting provides portfolio management for individuals and small businesses, portfolio management for institutions, and selecting other managers.
Oak City Consulting reports 46 clients. They include 32 individuals and 14 charitable organizations. Of its assets, 11.9% ($171M across 116 accounts) are managed with discretion; $1.26B across 220 accounts are not.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 70% | 1% |
| Charitable organizations | 30% | 99% |
| Other | Fewer than 5 | 0% |
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) | 32 | $20M | 1.4% | $624K |
| Charitable organizations | 14 | $1.41B | 98.6% | $101M |
| Other | Fewer than 5 | $0 | 0.0% | — |
| Total | 46 | $1.43B | 100% | — |
- Clients
- 32
- Regulatory AUM
- $20M
- AUM share
- 1.4%
- Avg. per client
- $624K
- Clients
- 14
- Regulatory AUM
- $1.41B
- AUM share
- 98.6%
- Avg. per client
- $101M
- Clients
- Fewer than 5
- Regulatory AUM
- $0
- AUM share
- 0.0%
- Avg. per client
- —
Total
- Clients
- 46
- Regulatory AUM
- $1.43B
- 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
Oak City Consulting is paid through a percentage of assets under management, fixed fees (other than subscription fees) and other compensation; its fees and minimums are set out in its brochures on the SEC website.
Ross Roggensack owns 75% or more of Oak City Consulting. It has 6 employees, 3 of them in advisory roles.
Leadership
- Christina BaucomCCO
- Bretton DanforthOwner
- Ross RoggensackManaging Member, CEO, CIO, Owner
- Melissa SmithManaging Member, CFO, Owner
- Daniel WardOwner
Investment adviser representatives
3 representatives listed in the SEC register as of 9 October 2026.
- Bretton Saunders Danforth
- Ross Phillip Roggensack
- Daniel Alexander Ward
Staff
- 6 employees
- 3 in advisory functions
- 3 state-registered reps
- Owns 75% or more of Oak City Consulting, LLC
Ross Roggensack
Control person · since March 2012
- Owns 10% to 25% of Oak City Consulting, LLC
Daniel Ward
Control person · since January 2025
- Owns 10% to 25% of Oak City Consulting, LLC
Bretton Danforth
Control person · since January 2025
- Owns 5% to 10% of Oak City Consulting, LLC
Melissa Smith
Control person · since July 2015
Oak City Consulting’s regulatory assets grew 2.1× from $691M (March 2021) to $1.43B (July 2026); clients were 46 in both filings and employees rose from 5 to 6.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | Employees | Offices |
|---|---|---|---|---|
| July 2026 | $1.43B | 46 | 6 | 1 |
| March 2025 | $1.26B | 46 | 6 | 1 |
| March 2024 | $783M | 40 | 6 | 1 |
| March 2023 | $766M | 44 | 6 | 1 |
| March 2022 | $776M | 44 | 6 | 1 |
| March 2021 | $691M | 48 | 5 | 1 |
Besides its headquarters, Oak City Consulting has 0 offices, with 1 listed address in North Carolina.
North Carolina · 1 listed address
- 9733 Fonville RD, Wake ForestHQ
Other business names
Oak City Consulting has reported 1 other business name to the SEC.
- Oak City Investment Consulting
Contact and registration details
- Legal name
- Oak City Consulting, LLC
- Headquarters
- 9733 Fonville RD, Wake Forest, NC 27587
- Website
- Not reported
- Phone
- 919-844-6450
- @oak-city-consulting
- SEC file
- 801-74468
- Structure
- North Carolina LLC
- Fiscal year end
- December
Oak City Consulting uses U.S. Bancorp ($436M, 33%), Regions Bank ($313M, 24%) and Truist Securities ($258M, 19%), among others, as custodians for its separately managed accounts. Oak City Consulting does not have custody of client assets.
- Regions BankRegions Bank · Mobile, AL · $313M24%
- FidelityFidelity Brokerage Services LLC · Smihtfield, RI · $195M15%
- U.S. BancorpU.S. Bancorp · Pittsburgh, PA · $436M33%
- Commerce BankCommerce Bank · Kansas City, MO · $124M9%
- Truist SecuritiesTruist Securities, Inc. · Charlotte, NC · $258M19%
At year end, Oak City Consulting’s separately managed accounts were largely in stocks (45%) and bonds (16%).
What the accounts hold
- Stocks45%
- Bonds16%
- U.S. government and agency bonds8%
- Investment grade corporate bonds8%
- Cash4%
- Other35%
- Real assets (i.e. farmland, timber, natural resources, real estate)), private equity35%
How many clients does Oak City Consulting have?
Oak City Consulting has 46 clients and manages $1.43 billion for them, as of July 2026. They include 32 individuals and 14 charitable organizations.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 28 July 2026
What services does Oak City Consulting offer?
Oak City Consulting provides portfolio management for individuals and small businesses, portfolio management for institutions, and selecting other managers.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
Which custodians does Oak City Consulting use?
Oak City Consulting’s separately managed account assets are held at U.S. Bancorp (Pittsburgh, PA), with $436M, Regions Bank (Mobile, AL), with $313M, Truist Securities, Inc. (Charlotte, NC), with $258M, Fidelity Brokerage Services LLC (Smihtfield, RI), with $195M and Commerce Bank (Kansas City, MO), with $124M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 28 July 2026
How many financial advisors does Oak City Consulting have?
Oak City Consulting has 3 investment adviser representatives registered with state securities authorities, out of 6 employees, and 3 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 City Consulting invest in?
At the end of its last fiscal year, Oak City Consulting’s separately managed accounts held 45% exchange-traded equities, 35% other, 8% U.S. government and agency bonds, 8% investment grade corporate bonds and 4% cash and equivalents. The 35% other category is described as: Real Assets (I.e. Farmland, Timber, Natural Resources, Real Estate)), Private Equity.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Oak City Consulting?
Oak City Consulting’s direct owners are Ross Roggensack (75% or more), Melissa Smith (5% to 10%), Daniel Ward (10% to 25%) and Bretton Danforth (10% to 25%).
Source: Form ADV Part 1A, Schedules A and B, filed 28 July 2026
How does Oak City Consulting get paid?
Oak City Consulting is paid through a percentage of assets under management, fixed fees and other compensation. 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 City Consulting?
Oak City Consulting’s main office is at 9733 Fonville RD, Wake Forest, NC 27587. Its phone number is 919-844-6450.