Oakmont Capital Management provides financial planning, portfolio management for individuals and small businesses, portfolio management for institutions, pension consulting, and selecting other managers. Financial planning was provided to 26–50 clients last fiscal year.
Oakmont Capital Management reports 324 clients. They include 169 individual clients, 117 high-net-worth individuals and 22 state or municipal government entities. Of its assets, 17.2% ($532M across 914 accounts) are managed with discretion; $2.55B across 80 accounts are not. It advised 22 clients without assets under management last fiscal year.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 52% | 1% |
| High-net-worth individuals | 36% | 15% |
| Pension and profit-sharing plans | 2% | 25% |
| Charitable organizations | 2% | 34% |
| State or municipal government entities | 7% | 2% |
| Other client typesCorporations and other businesses | <1% | 23% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 169 | $45.8M | 1.5% | $271K |
| High-net-worth individuals | 117 | $453M | 14.7% | $3.87M |
| Pension and profit-sharing plans | 5 | $763M | 24.7% | $153M |
| Charitable organizations | 8 | $1.06B | 34.3% | $132M |
| State or municipal government entities | 22 | $47.8M | 1.5% | $2.17M |
| Corporations and other businesses | Fewer than 5 | $718M | 23.3% | $239M |
| Total | 324 | $3.09B | 100% | — |
- Clients
- 169
- Regulatory AUM
- $45.8M
- AUM share
- 1.5%
- Avg. per client
- $271K
- Clients
- 117
- Regulatory AUM
- $453M
- AUM share
- 14.7%
- Avg. per client
- $3.87M
- Clients
- 5
- Regulatory AUM
- $763M
- AUM share
- 24.7%
- Avg. per client
- $153M
- Clients
- 8
- Regulatory AUM
- $1.06B
- AUM share
- 34.3%
- Avg. per client
- $132M
- Clients
- 22
- Regulatory AUM
- $47.8M
- AUM share
- 1.5%
- Avg. per client
- $2.17M
- Clients
- Fewer than 5
- Regulatory AUM
- $718M
- AUM share
- 23.3%
- Avg. per client
- $239M
Total
- Clients
- 324
- Regulatory AUM
- $3.09B
- AUM share
- 100%
- Avg. per client
- —
- Clients outside the U.S.
- 0%
- Clients advised without assets under management last fiscal year
- 22
- Private funds advised
- 0
- Financial planning clients last fiscal year
- 26–50
Oakmont Capital Management is paid through a percentage of assets under management and fixed fees (other than subscription fees); its fees and minimums are set out in its brochures on the SEC website.
Lawrence Koteski owns 50% to 75% of Oakmont Capital Management. Lawrence Koteski is CEO; the leadership team includes Chief Investment Officer Darrin Duda and Chief Compliance Officer Gina Kovatch. It has 19 employees, 16 of them in advisory roles.
Staff
- 19 employees
- 16 in advisory functions
- 10 state-registered reps
- Owns 50% to 75% of Oakmont Capital Management, LLC
Lawrence Koteski
Control person · since October 2025
- Owns 10% to 25% of Oakmont Capital Management, LLC
Marc Defife
since March 2006
- Owns 10% to 25% of Oakmont Capital Management, LLC
Patrick Fisher
Control person · since October 2025
- Owns 10% to 25% of Oakmont Capital Management, LLC
Darrin Duda
Control person · since October 2025
Oakmont Capital Management’s regulatory assets grew 6.3× from $488M (April 2021) to $3.09B (March 2026); clients fell from 355 to 324 and employees rose from 7 to 19. In 2025, Bilkeykatz Investment Consultants ($0 in its last filing) joined it.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | StaffEmployees | Offices |
|---|---|---|---|---|
| Mar 2026March 2026 | $3.09B | 324 | 19 | 2 |
| Mar 2025March 2025 | $631M | 297 | 10 | 3 |
| May 2024May 2024 | $528M | 290 | 11 | 3 |
| May 2023May 2023 | $456M | 291 | 8 | 2 |
| Mar 2022March 2022 | $473M | 297 | 8 | 2 |
| Apr 2021April 2021 | $488M | 355 | 7 | 2 |
Firms that joined
20251 joined
- Bilkeykatz Investment ConsultantsLast filed AUM $0
Firms whose SEC withdrawal reports a sale to this firm, and deals reported in the press. Teams that moved without selling a registered firm may not appear.
Besides its headquarters, Oakmont Capital Management has 1 office, with 2 listed addresses in 1 state.
Pennsylvania · 2 listed addresses
- 856 Allegheny River BLVD, OakmontHQ
- 411 Seventh Avenue, Pittsburgh
Other business names
Oakmont Capital Management has reported 1 other business name to the SEC.
- Bilkeykatz Investment Consultants
Contact and registration details
- Legal name
- Oakmont Capital Management, LLC
- Headquarters
- 856 Allegheny River BLVD, Oakmont, PA 15139
- Website
- bilkeykatz.com
- Phone
- 412-828-5550
- @oakmont-capital-management-llc
- SEC file
- 801-71287
- Structure
- Pennsylvania LLC
- Fiscal year end
- December
Oakmont Capital Management’s named custodians for separately managed accounts include PNC Wealth Management ($1.15B, 49%), US Bank National Association ($432M, 18%) and Charles Schwab ($387M, 17%). Oakmont Capital Management has custody of $597K for 4 clients.
- Charles SchwabCharles Schwab & Co., Inc. · Westlake, TX · $387M17%
- PNC Wealth ManagementPNC Wealth Management LLC · Pittsburgh, PA · $1.15B49%
- US Bank National AssociationUS Bank National Association · Cincinnari, OH · $432M18%
- The Huntington National BankThe Huntington National Bank · Columbus, OH · $366M16%
At year end, Oakmont Capital Management’s separately managed accounts were mostly in funds (59%) and bonds (24%).
What the accounts hold
- Stocks12%
- Funds59%
- Registered funds50%
- Pooled vehicles9%
- Bonds24%
- U.S. government and agency bonds14%
- Investment grade corporate bonds10%
- Cash4%
- Other1%
- Alternative investments1%
How many clients does Oakmont Capital Management have?
Oakmont Capital Management has 324 clients and manages $3.09 billion for them, as of March 2026. They include 169 individual clients, 117 high-net-worth individuals and 22 state or municipal government entities.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 30 March 2026
What services does Oakmont Capital Management offer?
Oakmont Capital Management provides financial planning, portfolio management for individuals and small businesses, portfolio management for institutions, pension consulting, and selecting other managers.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
Which custodians does Oakmont Capital Management use?
Oakmont Capital Management’s separately managed account assets are held at PNC Wealth Management LLC (Pittsburgh, PA), with $1.15B, US Bank National Association (Cincinnari, OH), with $432M, Charles Schwab & Co., Inc. (Westlake, TX), with $387M and The Huntington National Bank (Columbus, OH), with $366M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 30 March 2026
How many financial advisors does Oakmont Capital Management have?
Oakmont Capital Management has 10 investment adviser representatives registered with state securities authorities, out of 19 employees, and 16 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 Oakmont Capital Management invest in?
At the end of its last fiscal year, Oakmont Capital Management’s separately managed accounts held 50% registered funds (mutual funds, ETFs, BDCs), 14% U.S. government and agency bonds, 12% exchange-traded equities, 10% investment grade corporate bonds, 9% pooled vehicles (private funds and similar), 4% cash and equivalents and 1% other. The 1% other category is described as: Alternative Investments.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Oakmont Capital Management?
Oakmont Capital Management’s direct owners are Lawrence Koteski (50% to 75%), Marc Defife (10% to 25%), Patrick Fisher (10% to 25%) and Darrin Duda (10% to 25%).
Source: Form ADV Part 1A, Schedules A and B, filed 30 March 2026
How does Oakmont Capital Management get paid?
Oakmont Capital Management is paid through a percentage of assets under management 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 Oakmont Capital Management?
Oakmont Capital Management’s main office is at 856 Allegheny River BLVD, Oakmont, PA 15139. Its phone number is 412-828-5550. Its website is bilkeykatz.com.