Oakwood Capital provides financial planning, portfolio management for individuals and small businesses, portfolio management for institutions, pension consulting, and selecting other managers.
Oakwood Capital reports 616 clients. They include 427 individual clients, 181 high-net-worth individuals and 5 other clients. Of its assets, 28.5% ($86.7M across 400 accounts) are managed with discretion; $217M across 651 accounts are not.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 69% | 47% |
| High-net-worth individuals | 29% | 40% |
| Corporations and other businesses | <1% | 2% |
| Other | <1% | 12% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 427 | $142M | 46.5% | $332K |
| High-net-worth individuals | 181 | $121M | 39.9% | $671K |
| Corporations and other businesses | 3 | $5.58M | 1.8% | $1.86M |
| Other | 5 | $35.6M | 11.7% | $7.12M |
| Total | 616 | $304M | 100% | $494K |
- Clients
- 427
- Regulatory AUM
- $142M
- AUM share
- 46.5%
- Avg. per client
- $332K
- Clients
- 181
- Regulatory AUM
- $121M
- AUM share
- 39.9%
- Avg. per client
- $671K
- Clients
- 3
- Regulatory AUM
- $5.58M
- AUM share
- 1.8%
- Avg. per client
- $1.86M
- Clients
- 5
- Regulatory AUM
- $35.6M
- AUM share
- 11.7%
- Avg. per client
- $7.12M
Total
- Clients
- 616
- Regulatory AUM
- $304M
- AUM share
- 100%
- Avg. per client
- $494K
- Clients outside the U.S.
- 0%
- Clients advised without assets under management last fiscal year
- 0
- Private funds advised
- 0
- Financial planning clients last fiscal year
- 0
Oakwood Capital is paid through a percentage of assets under management, hourly charges, fixed fees (other than subscription fees) and other compensation. The reviewed brochures do not disclose an asset-based fee rate. Read the SEC-filed brochure. The brochure also prices 3 other services, listed under fee details.
Fee details and sources
Other fees
- Financial Planning and Consulting
- Hourly billing rates range from $150 to $500 per hour; annual fixed fees and one-time fees range from $500 to $100,000 per plan.
- Money Guide Pro Financial Planning Software
- Optional use of the Money Guide Pro software in financial planning carries an additional $250 fee.
- Retirement and Pension Consulting Services
- Clients are charged 0.50% to 0.75% of plan assets, billed quarterly in arrears.
Oakwood Capital Partners, LLC owns 75% or more of Oakwood Capital and is in turn owned by The Douglas S King and Kathryn W King Living Trust (50–75%). The leadership team of Oakwood Capital includes President Brandon King. It has 20 employees, 18 of them in advisory roles.
Leadership
- Brandon KingSenior Vice President
- Douglas KingPresident, CEO & CCO
- Jason KingSenior Vice President
Investment adviser representatives
22 representatives listed in the SEC register as of 9 October 2026.
- Jon Daniel Breimhorst
- Daniel Joseph Colich
- John F Devereaux
- Steven Michael Fromm
- Carol Ann Goetsch
- Brandon Douglas King
- Douglas Stephan King
- Jason Thomas King
- Jonathan Drew London
- Joseph Loy Mack
- Darrell Alve McCroskey
- Michael William Mullins
- Corey David Pederson
- Jason William Roeske
- Brian Scott Schaefer
- Jeffrey Roy Schuur
- Paul C Selsor
- David Bower Stevenson
- Robert Alan Strommen
- Richard Kenneth Sunderland
- Wendy Waalen
- Ryan Michael Weiss
Staff
- 20 employees
- 18 in advisory functions
- 18 state-registered reps
- 18 broker-dealer reps
- 18 insurance agents
- Owns 75% or more of Oakwood Capital, Inc.
Oakwood Capital Partners, LLC
Control person · since January 2025
- Owns 50% to 75% of Oakwood Capital Partners, LLC
The Douglas S King and Kathryn W King Living Trust
Control person · since January 2025
Kathryn King
Trustee · Control person · since May 2020
Douglas King
Trustee · Control person · since May 2020
Oakwood Capital’s regulatory assets grew 1.9× from $159M (May 2021) to $304M (May 2026); clients rose from 556 to 616 and employees were 20 in both filings.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | Employees | Offices |
|---|---|---|---|---|
| May 2026 | $304M | 616 | 20 | 15 |
| May 2025 | $260M | 599 | 20 | 15 |
| March 2024 | $221M | 585 | 20 | 15 |
| April 2023 | $196M | 592 | 20 | 15 |
| June 2022 | $198M | 857 | 20 | 16 |
| May 2021 | $159M | 556 | 20 | 16 |
Besides its headquarters, Oakwood Capital has 14 offices (8 private residences, listed without an address), with 7 listed addresses across 4 states.
Florida · 2 listed addresses
- 15701 S Tamiami Trail, Fort Myers
- 4751 Gulfshore BLVD, Naples
Minnesota · 2 listed addresses
- 600 Highway 169 South, Suite 1410, St. Louis ParkHQ
- 3336 France Ave S, Minneapolis
North Dakota · 2 listed addresses
- 1330 Page Drive, Fargo
- 3060 25th Street South, Fargo
Wisconsin · 1 listed address
- 1015 Campbell St. N, Prescott
Contact and registration details
- Legal name
- Oakwood Capital, Inc.
- Headquarters
- 600 Highway 169 South, Suite 1410, St. Louis Park, MN 55426
- Website
- oakwoodcapital.com
- Phone
- 952-935-4601
- @oakwood-capital-inc
- SEC file
- 801-120259
- Structure
- Minnesota corporation
- Fiscal year end
- December
Oakwood Capital uses RBC Capital Markets ($108M, 55%), Charles Schwab ($82.9M, 42%) and Assetmark ($7.21M, 4%) as custodians for its separately managed accounts. Oakwood Capital does not have custody of client assets.
- RBC Capital MarketsRBC Capital Markets, LLC · New York, NY · $108M55%
- Charles SchwabCharles Schwab & Co., Inc. · San Francisco, CA · $82.9M42%
- AssetmarkAssetmark · Concord, CA · $7.21M4%
At year end, Oakwood Capital’s separately managed accounts were mostly in stocks (61%) and funds (23%).
What the accounts hold
- Stocks61%
- Funds23%
- Bonds9%
- Investment grade corporate bonds7%
- U.S. government and agency bonds2%
- Cash8%
How many clients does Oakwood Capital have?
Oakwood Capital has 616 clients and manages $304 million for them, as of May 2026. They include 427 individual clients, 181 high-net-worth individuals and 5 other clients.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 12 May 2026
What services does Oakwood Capital offer?
Oakwood Capital 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 Oakwood Capital use?
Oakwood Capital’s separately managed account assets are held at RBC Capital Markets, LLC (New York, NY), with $108M, Charles Schwab & Co., Inc. (San Francisco, CA), with $82.9M and Assetmark (Concord, CA), with $7.21M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 12 May 2026
How many financial advisors does Oakwood Capital have?
Oakwood Capital has 18 investment adviser representatives registered with state securities authorities, out of 20 employees, and 18 perform investment advisory functions. 18 employees are registered representatives of a broker-dealer and 18 employees are 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 Oakwood Capital invest in?
At the end of its last fiscal year, Oakwood Capital’s separately managed accounts held 61% exchange-traded equities, 23% registered funds (mutual funds, ETFs, BDCs), 8% cash and equivalents, 7% investment grade corporate bonds and 2% U.S. government and agency bonds.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Oakwood Capital?
Oakwood Capital’s direct owner is Oakwood Capital Partners, LLC (75% or more).
Source: Form ADV Part 1A, Schedules A and B, filed 12 May 2026
How does Oakwood Capital get paid?
Oakwood Capital is paid through a percentage of assets under management, hourly charges, 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 Oakwood Capital?
Oakwood Capital’s main office is at 600 Highway 169 South, Suite 1410, St. Louis Park, MN 55426. Its phone number is 952-935-4601. Its website is oakwoodcapital.com.