{"url":"https://nivawealth.com/firms/oakmont-wealth-advisory-299021","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/299021","regulatoryAum":124223423,"crd":"299021","adviserRoster":{"asOf":"2026-10-09","items":[{"crd":"2258317","suffix":null,"lastName":"BERGER","firstName":"WILLIAM","middleName":"DAVID"},{"crd":"8101143","suffix":null,"lastName":"Magdar","firstName":"Andrew","middleName":"Ethan"},{"crd":"5354169","suffix":null,"lastName":"ROUDIEZ","firstName":"JUSTIN","middleName":"TRAVERS"}],"total":3,"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":"2021-06-01","regulatoryAum":209043065,"clients":207,"employees":5,"offices":2},{"filedOn":"2022-02-15","regulatoryAum":233232159,"clients":201,"employees":6,"offices":2},{"filedOn":"2023-03-31","regulatoryAum":218249208,"clients":309,"employees":6,"offices":2},{"filedOn":"2024-02-28","regulatoryAum":288130014,"clients":221,"employees":6,"offices":2},{"filedOn":"2025-01-29","regulatoryAum":94124202,"clients":56,"employees":2,"offices":1},{"filedOn":"2026-03-11","regulatoryAum":124223423,"clients":65,"employees":3,"offices":1}],"secFileNumber":"801-114266","legalName":"Oakmont 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Management","feeBasis":"range","fee_tiers":null,"sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1017295","versionId":1017295,"ratePeriod":"annual","fee_billing":"advance","submittedOn":"2026-03-11","documentName":"OAKMONT WEALTH ADVISORY, LLC BROCHURE","fee_rate_low":0.6,"fee_rate_high":1.25,"fee_negotiable":true,"minimum_account":null,"feeMinimumPeriod":"annual","fee_minimum_annual":4000}],"brochureCoverage":{"scope":"sec_inventory","status":"reviewed","checkedAt":"2026-10-22T16:10:53.830011+00:00","documents":[{"name":"OAKMONT WEALTH ADVISORY, LLC BROCHURE","status":"read","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1017295","versionId":1017295,"submittedOn":"2026-03-11"}]},"custodians":[{"name":"Raymond James & Associates, Inc.","shortName":"Raymond James","location":"St. Petersburg, FL","smaAssets":124223423}],"custodyNote":"Oakmont Wealth Advisory does not have custody of client assets.","otherCustodians":[],"leadership":[{"name":"William Berger","title":"Elected Manager, Chief Compliance Officer","crd":"2258317"}],"ownership":[{"label":"White Oak Wealth Management, LLC","detail":"Owner in the 75% or more ownership band and a control person, since September 2018."},{"label":"William Berger","detail":"Indirect owner: a owner/manager of White Oak Wealth Management, LLC in the 75% or more band and a control person, since April 2016.","parent":"White Oak Wealth Management, LLC"}],"branchOffices":null,"filedOffices":{"otherThanPrincipal":0,"privateResidences":0},"listedOfficeAddresses":1,"foreignOffices":[],"officesByState":[{"state":"Maryland","offices":1,"addresses":[{"street":"8840 Stanford Boulevard, Suite 4000","city":"Columbia","headquarters":true}]}],"advFacts":{"source":{"file":"ia100226.zip","asOf":"2 October 2026"},"telephone":"443-741-9101","stateRegisteredReps":2,"otherAdviserReps":0,"compensation":["A percentage of assets under 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2026","retrievedOn":"2026-10-15","updatedOn":"2026-10-22","holdingsUpdatedOn":"2026-10-21","adv1Pages":{},"brochurePages":{}},"otherBusiness":[],"faq":[{"question":"How many clients does Oakmont Wealth Advisory have?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does Oakmont Wealth Advisory offer?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"How much does Oakmont Wealth Advisory charge?","answer":"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","sourceRef":{"doc":"brochure","section":"fees"}},{"question":"Which custodians does Oakmont Wealth Advisory use?","answer":"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","sourceRef":{"doc":"adv1","section":"custodians"}},{"question":"How many financial advisors does Oakmont Wealth Advisory have?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What does Oakmont Wealth Advisory invest in?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Who owns Oakmont Wealth Advisory?","answer":"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","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does Oakmont Wealth Advisory get paid?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"How do I contact Oakmont Wealth Advisory?","answer":"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.","source":"Form ADV Part 1A, Item 1.F, filed 11 March 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."}