Oakmont Wealth Advisory provides portfolio management for individuals and small businesses and pension consulting.
Oakmont Wealth Advisory reports 65 clients. They include 50 individual clients, 12 high-net-worth individuals, and 2 corporations and other businesses. Of its assets, 100.0% ($124M across 185 accounts) are managed with discretion.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 77% | 26% |
| High-net-worth individuals | 18% | 74% |
| Pension and profit-sharing plans | 2% | <1% |
| Corporations and other businesses | 3% | <1% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 50 | $31.9M | 25.7% | $638K |
| High-net-worth individuals | 12 | $92.1M | 74.2% | $7.68M |
| Pension and profit-sharing plans | Fewer than 5 | $160K | 0.1% | $160K |
| Corporations and other businesses | 2 | $8.3K | 0.0% | $4.15K |
| Total | 65 | $124M | 100% | — |
- Clients
- 50
- Regulatory AUM
- $31.9M
- AUM share
- 25.7%
- Avg. per client
- $638K
- Clients
- 12
- Regulatory AUM
- $92.1M
- AUM share
- 74.2%
- Avg. per client
- $7.68M
- Clients
- Fewer than 5
- Regulatory AUM
- $160K
- AUM share
- 0.1%
- Avg. per client
- $160K
- Clients
- 2
- Regulatory AUM
- $8.3K
- AUM share
- 0.0%
- Avg. per client
- $4.15K
Total
- Clients
- 65
- Regulatory AUM
- $124M
- 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
Oakmont Wealth Advisory charges 0.60%–1.25% a year for its Portfolio Management. The fee is billed in advance, is negotiable and has a $4,000 annual minimum.
Fee details and sources
White Oak Wealth Management, LLC owns 75% or more of Oakmont Wealth Advisory and is in turn owned by William Berger (75% or more). The leadership team of Oakmont Wealth Advisory includes Chief Compliance Officer William Berger. It has 3 employees, 2 of them in advisory roles.
Leadership
- William BergerElected Manager, Chief Compliance Officer
Investment adviser representatives
3 representatives listed in the SEC register as of 9 October 2026.
Staff
- 3 employees
- 2 in advisory functions
- 2 state-registered reps
- Owns 75% or more of Oakmont Wealth Advisory, LLC
White Oak Wealth Management, LLC
Control person · since September 2018
- Owns 75% or more of White Oak Wealth Management, LLC
William Berger
Control person · since April 2016
Oakmont Wealth Advisory’s regulatory assets fell from $209M (June 2021) to $124M (March 2026); clients fell from 207 to 65 and employees from 5 to 3.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | Employees | Offices |
|---|---|---|---|---|
| March 2026 | $124M | 65 | 3 | 1 |
| January 2025 | $94.1M | 56 | 2 | 1 |
| February 2024 | $288M | 221 | 6 | 2 |
| March 2023 | $218M | 309 | 6 | 2 |
| February 2022 | $233M | 201 | 6 | 2 |
| June 2021 | $209M | 207 | 5 | 2 |
Besides its headquarters, Oakmont Wealth Advisory has 0 offices, with 1 listed address in Maryland.
Maryland · 1 listed address
- 8840 Stanford Boulevard, Suite 4000, ColumbiaHQ
Contact and registration details
- Legal name
- Oakmont Wealth Advisory, LLC
- Headquarters
- 8840 Stanford Boulevard, Suite 4000, Columbia, MD 21045
- Website
- whiteoakwealthmanagement.com
- Phone
- 443-741-9101
- @white-oak-wealth-management
- SEC file
- 801-114266
- Structure
- Virginia LLC
- Fiscal year end
- December
Oakmont Wealth Advisory uses Raymond James ($124M) as custodian for its separately managed accounts. Oakmont Wealth Advisory does not have custody of client assets.
- Raymond JamesRaymond James & Associates, Inc. · St. Petersburg, FL · $124M100%
At year end, Oakmont Wealth Advisory’s separately managed accounts were mostly in stocks (53%) and funds (44%).
What the accounts hold
- Stocks53%
- Exchange-traded equities41%
- Non-exchange-traded equities12%
- Funds44%
- Bonds1%
- Cash4%
How many clients does Oakmont Wealth Advisory have?
Oakmont Wealth Advisory has 65 clients and manages $124 million for them, as of March 2026. They include 50 individual clients, 12 high-net-worth individuals, and 2 corporations and other businesses.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 11 March 2026
What services does Oakmont Wealth Advisory offer?
Oakmont Wealth Advisory provides portfolio management for individuals and small businesses and pension consulting.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
How much does Oakmont Wealth Advisory charge?
Oakmont Wealth Advisory charges 0.60%–1.25% a year for its Portfolio Management. The fee is billed in advance, is negotiable and has a $4,000 annual minimum.
Source: OAKMONT WEALTH ADVISORY, LLC BROCHURE, filed 11 March 2026
Which custodians does Oakmont Wealth Advisory use?
Oakmont Wealth Advisory’s separately managed account assets are held at Raymond James & Associates, Inc. (St. Petersburg, FL), 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 11 March 2026
How many financial advisors does Oakmont Wealth Advisory have?
Oakmont Wealth Advisory has 2 investment adviser representatives registered with state securities authorities, out of 3 employees, and 2 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 Wealth Advisory invest in?
At the end of its last fiscal year, Oakmont Wealth Advisory’s separately managed accounts held 44% registered funds (mutual funds, ETFs, BDCs), 41% exchange-traded equities, 12% non-exchange-traded equities, 4% cash and equivalents and 1% state and local bonds.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Oakmont Wealth Advisory?
Oakmont Wealth Advisory is owned through a holding company by William Berger. Its direct owner is White Oak Wealth Management, LLC (75% or more).
Source: Form ADV Part 1A, Schedules A and B, filed 11 March 2026
How does Oakmont Wealth Advisory get paid?
Oakmont Wealth Advisory is paid through a percentage of assets under management and hourly charges. 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 Wealth Advisory?
Oakmont Wealth Advisory’s main office is at 8840 Stanford Boulevard, Suite 4000, Columbia, MD 21045. Its phone number is 443-741-9101. Its website is whiteoakwealthmanagement.com.