{"url":"https://nivawealth.com/firms/oakmont-112337","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/112337","regulatoryAum":2217465327,"crd":"112337","history":[{"filedOn":"2021-05-04","regulatoryAum":2552153978,"clients":70,"employees":35,"offices":1},{"filedOn":"2022-05-03","regulatoryAum":2865664050,"clients":80,"employees":36,"offices":1},{"filedOn":"2023-05-10","regulatoryAum":2125646052,"clients":81,"employees":40,"offices":1},{"filedOn":"2024-05-16","regulatoryAum":2274771873,"clients":77,"employees":36,"offices":1},{"filedOn":"2025-03-31","regulatoryAum":2226694867,"clients":83,"employees":36,"offices":1},{"filedOn":"2026-07-16","regulatoryAum":2217465327,"clients":81,"employees":35,"offices":1}],"secFileNumber":"801-42175","legalName":"Oakmont Corporation","displayName":"Oakmont","slug":"oakmont-112337","website":null,"classification":{"segment":"individuals","segmentLabel":"Wealth management","type":"independent_wealth_manager","typeLabel":"RIA","feeDisclosure":"full"},"linkedinUrl":"https://www.linkedin.com/company/oakmont-corporation/","founded":null,"organization":"California corporation","fiscalYearEnd":"December","headquarters":{"street":"515 S. Flower Street, Suite 4150","city":"Los Angeles","state":"CA","stateName":"California","country":"United States","postalCode":"90071"},"tradeNames":[],"registration":{"secApproved":"3 September 1992","noticeFilings":null,"latestNoticeFiling":null},"wealthAumPerClient":null,"staff":{"employees":35,"advisory":6,"brokerDealerReps":0,"insuranceAgents":0,"promoters":0},"aum":{"regulatory":2217465327,"discretionary":2159534158,"discretionaryAccounts":83,"nonDiscretionary":57931169,"nonDiscretionaryAccounts":4,"wrapProgram":null,"nonUsClientsPct":1,"nonAumClients":3},"clientTypes":[{"label":"Individuals (other than HNW)","clients":null,"fewerThan5":true,"regulatoryAum":0},{"label":"High-net-worth individuals","clients":63,"regulatoryAum":1476937856},{"label":"Pooled investment vehicles","clients":13,"regulatoryAum":475204000},{"label":"Charitable organizations","clients":null,"fewerThan5":true,"regulatoryAum":126521254},{"label":"Corporations and other businesses","clients":5,"regulatoryAum":138802217}],"feePrograms":[{"role":"main","program":"Annual management fee","feeBasis":"range","fee_tiers":null,"sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1036738","versionId":1036738,"ratePeriod":"annual","fee_billing":null,"submittedOn":"2026-03-31","documentName":"BROCHURE OF OAKMONT CORPORATION","fee_rate_low":0.75,"fee_rate_high":0.85,"fee_negotiable":null,"minimum_account":null,"feeMinimumPeriod":null,"fee_minimum_annual":null}],"brochureCoverage":{"scope":"sec_inventory","status":"reviewed","checkedAt":"2026-10-22T04:21:41.720225+00:00","documents":[{"name":"BROCHURE OF OAKMONT CORPORATION","status":"read","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1036738","versionId":1036738,"submittedOn":"2026-03-31"}]},"custodians":[{"name":"Bank of America, Private Bank","shortName":"Bank of America, Private Bank","location":"Los Angeles, CA","smaAssets":500796894}],"custodyNote":"Oakmont has custody of $2.23B in client assets for 84 clients.","otherCustodians":[],"leadership":[{"name":"Peter Carlton","title":"Chief Executive Officer and Chief Investment Officer","crd":"6356280"},{"name":"Robert Miller","title":"President, Secretary and Chief Compliance Officer","crd":"5562589"},{"name":"David Covin","title":"Chief Financial Officer","crd":"2278485"},{"name":"Sumo Gupta","title":"Portfolio Manager","crd":"7714988"},{"name":"Jonathan Day","title":"Shareholder","crd":"8060467"}],"ownership":[{"label":"Joseph Deegan Day, Trustee of the Joseph Deegan Day Trust Dated 4/13/2004, As Amended","detail":"Shareholder in the 25% to 50% ownership band and a control person, since October 2024."},{"label":"Joseph Deegan Day, Trustee of the Joseph","detail":"Shareholder in the 25% to 50% ownership band and a control person, since October 2024."},{"label":"Dorothy W. Day, Trustee of the Dorothy Day Trust Dated 2/13/2008, As Amended","detail":"Shareholder in the 25% to 50% ownership band and a control person, since October 2024."},{"label":"Dorothy W. Day, Trustee of the Dorothy","detail":"Shareholder in the 25% to 50% ownership band and a control person, since October 2024."},{"label":"Jonathan Day","detail":"Shareholder in the 25% to 50% ownership band and a control person, since October 2024."},{"label":"Thomas Day","detail":"Indirect owner: trustee of Joseph Deegan Day, Trustee of the Joseph Deegan Day Trust Dated 4/13/2004, As Amended and a control person, since April 2004.","parent":"Joseph Deegan Day, Trustee of the Joseph Deegan Day Trust Dated 4/13/2004, As Amended"},{"label":"Dorothy Day","detail":"Indirect owner: trustee of Dorothy W. Day, Trustee of the Dorothy Day Trust Dated 2/13/2008, As Amended and a control person, since February 2008.","parent":"Dorothy W. Day, Trustee of the Dorothy Day Trust Dated 2/13/2008, As Amended"}],"branchOffices":null,"filedOffices":{"otherThanPrincipal":0,"privateResidences":0},"listedOfficeAddresses":1,"foreignOffices":[],"officesByState":[{"state":"California","offices":1,"addresses":[{"street":"515 S. Flower Street, Suite 4150","city":"Los Angeles","headquarters":true}]}],"advFacts":{"source":{"file":"ia100226.zip","asOf":"2 October 2026"},"telephone":"213-891-6300","stateRegisteredReps":0,"otherAdviserReps":0,"compensation":["A percentage of assets under management","Fixed fees (other than subscription fees)","Performance-based fees"],"activities":["Financial planning services","Portfolio management for individuals and/or small businesses","Portfolio management for pooled investment vehicles (other than investment companies)","Portfolio management for businesses (other than small businesses) or institutional clients","Selection of other advisers (including private fund managers)"],"financialPlanningClients":"51-100","assetMix":[{"label":"Exchange-traded equity securities","percent":28},{"label":"Non-exchange-traded equity securities","percent":13},{"label":"U.S. state and local bonds","percent":1},{"label":"Securities issued by pooled investment vehicles (other than registered investment companies)","percent":28},{"label":"Cash and cash equivalents","percent":5},{"label":"Other","percent":25,"detail":"Real Estate; Oil/Gas/Mineral Rights"}],"privateFunds":13},"sources":{"adv1FilingDate":"16 July 2026","adv1Url":"https://reports.adviserinfo.sec.gov/reports/ADV/112337/PDF/112337.pdf","brochureDate":"31 March 2026","brochureUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1036738","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 Oakmont have?","answer":"Oakmont has 81 clients and manages $2.22 billion for them, as of July 2026. They include 63 high-net-worth individuals, 13 pooled investment vehicles, and 5 corporations and other businesses.","source":"Form ADV Part 1A, Items 5.D and 5.F, filed 16 July 2026","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does Oakmont offer?","answer":"Oakmont provides financial planning, portfolio management for individuals and small businesses, portfolio management for pooled vehicles, 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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"How much does Oakmont charge?","answer":"Oakmont charges 0.75%–0.85% a year for its Annual management fee.","source":"BROCHURE OF OAKMONT CORPORATION, filed 31 March 2026","sourceRef":{"doc":"brochure","section":"fees"}},{"question":"Which custodians does Oakmont use?","answer":"Oakmont’s separately managed account assets are held at Bank of America, Private Bank (Los Angeles, CA), with $501M. Only custodians holding at least a tenth of those assets are named.","source":"Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 16 July 2026","sourceRef":{"doc":"adv1","section":"custodians"}},{"question":"How many financial advisors does Oakmont have?","answer":"Oakmont has 0 investment adviser representatives registered with state securities authorities, out of 35 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 Oakmont invest in?","answer":"At the end of its last fiscal year, Oakmont’s separately managed accounts held 28% exchange-traded equities, 28% pooled vehicles (private funds and similar), 25% other, 13% non-exchange-traded equities, 5% cash and equivalents and 1% state and local bonds. The 25% other category is described as: Real Estate; Oil/Gas/Mineral Rights. It advises 13 private funds.","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 Oakmont?","answer":"Oakmont’s direct owners are the of the Joseph Deegan Day Trust Dated 4/13/2004, As Amended, the of the Joseph, the of the Dorothy Day Trust Dated 2/13/2008, As Amended, the of the Dorothy and Jonathan Day, each holding 50% or less.","source":"Form ADV Part 1A, Schedules A and B, filed 16 July 2026","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does Oakmont get paid?","answer":"Oakmont is paid through a percentage of assets under management, fixed fees and performance-based fees. Its Form ADV lists no commissions 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 Oakmont?","answer":"Oakmont’s main office is at 515 S. Flower Street, Suite 4150, Los Angeles, CA 90071. Its phone number is 213-891-6300.","source":"Form ADV Part 1A, Item 1.F, filed 16 July 2026","sourceRef":{"doc":"adv1","section":"offices"}}],"holdings":{"url":"https://nivawealth.com/firms/oakmont-112337/holdings","form":"13F-HR","periodOfReport":"2026-06-30","filedOn":"2026-08-07","filingIndexUrl":"https://www.sec.gov/Archives/edgar/data/924171/000108119826000020/0001081198-26-000020-index.html","totalValue":502514323,"positionCount":31,"top10Share":0.9010537635959085,"top10":[{"issuer":"AMAZON.COM INC","titleOfClass":"COM","cusip":"023135106","value":83363228,"shares":349766,"shareType":"SH","priorValue":82124610,"priorShares":394318},{"issuer":"MICROSOFT CORP","titleOfClass":"COM","cusip":"594918104","value":58914779,"shares":157940,"shareType":"SH","priorValue":65852133,"priorShares":177897},{"issuer":"MASTERCARD INCORPORATED","titleOfClass":"CL A","cusip":"57636Q104","value":56859629,"shares":110708,"shareType":"SH","priorValue":62291113,"priorShares":124667},{"issuer":"APPLE 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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."}