{"url":"https://nivawealth.com/firms/oakworth-asset-management-335388","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/335388","regulatoryAum":846327168,"crd":"335388","adviserRoster":{"asOf":"2026-10-09","items":[{"crd":"6343095","suffix":null,"lastName":"AKINS","firstName":"BARRON","middleName":"BELVIN"},{"crd":"7536647","suffix":null,"lastName":"Alexander","firstName":"William","middleName":null},{"crd":"8121664","suffix":null,"lastName":"Ball","firstName":"Janet","middleName":null},{"crd":"4878413","suffix":null,"lastName":"BANKS","firstName":"LEE","middleName":"KIRKLAND"},{"crd":"7862089","suffix":null,"lastName":"Brown","firstName":"Cooper","middleName":"Lee"},{"crd":"6204010","suffix":null,"lastName":"Busby","firstName":"Tyler","middleName":"Cofield"},{"crd":"6919383","suffix":null,"lastName":"Cooper","firstName":"Christopher","middleName":null},{"crd":"4882318","suffix":null,"lastName":"FRASIER","firstName":"WILLIAM","middleName":"MCDOWELL"},{"crd":"2629945","suffix":null,"lastName":"Harlow","firstName":"Tracy","middleName":"Hope"},{"crd":"8124743","suffix":null,"lastName":"Hensley","firstName":"John","middleName":"Thomas"},{"crd":"2392827","suffix":null,"lastName":"MAUND","firstName":"ROBERT","middleName":"CHARLES"},{"crd":"2653768","suffix":null,"lastName":"MCGRATH","firstName":"DAVID","middleName":"PATRICK"},{"crd":"2753475","suffix":"V","lastName":"NORRIS","firstName":"JOHN","middleName":"BYRD"},{"crd":"6624413","suffix":null,"lastName":"Robinson","firstName":"Scott","middleName":null},{"crd":"6552048","suffix":null,"lastName":"SATTERFIELD","firstName":"MATTHEW","middleName":"Craig"},{"crd":"4954982","suffix":null,"lastName":"TABB","firstName":"ASHLEY","middleName":"SUMMERS"},{"crd":"5408258","suffix":null,"lastName":"VEATCH","firstName":"SARA JEAN","middleName":"MILDRED"},{"crd":"8279736","suffix":null,"lastName":"Wingard","firstName":"Kara","middleName":"Morgan"}],"total":18,"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":"2025-07-01","regulatoryAum":0,"clients":0,"employees":15,"offices":4},{"filedOn":"2026-03-27","regulatoryAum":846327168,"clients":565,"employees":20,"offices":4}],"secFileNumber":"801-132789","legalName":"Oakworth Asset Management, LLC","displayName":"Oakworth Asset Management","slug":"oakworth-asset-management-335388","website":"https://oakworth.com/","logo":{"src":"https://rmkhnxnbeclogprvkfyl.supabase.co/storage/v1/object/public/firm-logos/335388/3a5e6c7186b554cc-r1.webp","tone":"dark","width":814,"height":200,"sourceUrl":"https://oakworth.com/oakworth-asset-management/advisory-services/","sourceLabel":"Oakworth Asset Management, LLC, website"},"classification":{"segment":"individuals","segmentLabel":"Wealth management","type":"independent_wealth_manager","typeLabel":"RIA","feeDisclosure":"full"},"founded":null,"organization":"Delaware limited liability company","fiscalYearEnd":"December","headquarters":{"street":"850 Shades Creek Parkway, Suite 200","city":"Birmingham","state":"AL","stateName":"Alabama","country":"United States","postalCode":"35209"},"tradeNames":[],"registration":{"secApproved":"1 July 2025","noticeFilings":null,"latestNoticeFiling":null},"wealthAumPerClient":1320157.1447124304,"staff":{"employees":20,"advisory":19,"brokerDealerReps":0,"insuranceAgents":0,"promoters":0},"aum":{"regulatory":846327168,"discretionary":846327168,"discretionaryAccounts":746,"nonDiscretionary":0,"nonDiscretionaryAccounts":0,"wrapProgram":null,"nonUsClientsPct":0,"nonAumClients":10},"clientTypes":[{"label":"Individuals (other than HNW)","clients":373,"regulatoryAum":171399818},{"label":"High-net-worth individuals","clients":166,"regulatoryAum":540164883},{"label":"Corporations and other businesses","clients":26,"regulatoryAum":134762467}],"feePrograms":[{"role":"other","program":"Financial planning and consulting","summary":"Stand-alone fixed fee from $2,000 to $20,000, negotiable by scope; may be offset against later advisory fees.","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1029497","versionId":1029497,"submittedOn":"2026-03-27","documentName":"DISCLOSURE BROCHURE FOR OAKWORTH ASSET MANAGEMENT, LLC"}],"brochureCoverage":{"scope":"sec_inventory","status":"reviewed_no_numerical_schedule","checkedAt":"2026-10-22T17:59:37.863859+00:00","documents":[{"name":"DISCLOSURE BROCHURE FOR OAKWORTH ASSET MANAGEMENT, LLC","status":"read","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1029497","versionId":1029497,"submittedOn":"2026-03-27"}]},"custodians":[{"name":"Axos Clearing LLC","shortName":"Axos Clearing","location":"Omaha, NE","smaAssets":804558175},{"name":"Oakworthcapital Bank","shortName":"Oakworthcapital Bank","location":"Birmingham, AL","smaAssets":41768993}],"custodyNote":"Oakworth Asset Management has custody of $41.8M in client assets for 565 clients.","leadership":[{"name":"Michelle Smith","title":"Chief Compliance Officer","crd":"4336289"},{"name":"John Norris","title":"Managing Director and Chief Investment Officer","crd":"2753475"}],"ownership":[{"label":"Oakworth Capital Bank Inc","detail":"Owner in the 75% or more ownership band and a control person, since March 2025."},{"label":"Oakworth Capital Inc","detail":"Indirect owner: a owner of Oakworth Capital Bank Inc in the 75% or more band and a control person, since March 2013.","parent":"Oakworth Capital Bank Inc"}],"filedOffices":{"otherThanPrincipal":3,"privateResidences":0},"listedOfficeAddresses":4,"foreignOffices":[],"officesByState":[{"state":"Alabama","offices":2,"addresses":[{"street":"850 Shades Creek Parkway, Suite 200","city":"Birmingham","headquarters":true},{"street":"1 St. Louis Street","city":"Mobile"}]},{"state":"North Carolina","offices":1,"addresses":[{"street":"6000 Fairview Road","city":"Charlotte"}]},{"state":"Tennessee","offices":1,"addresses":[{"street":"5511 Virginia Way","city":"Brentwood"}]}],"brochureServices":["education planning","estate planning","insurance","tax planning"],"advFacts":{"source":{"file":"ia100226.zip","asOf":"2 October 2026"},"telephone":"205-263-4700","stateRegisteredReps":19,"otherAdviserReps":0,"compensation":["A percentage of assets under management","Hourly charges","Fixed fees (other than subscription 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":16},{"label":"Non-exchange-traded equity securities","percent":1},{"label":"U.S. government/agency bonds","percent":1},{"label":"U.S. state and local bonds","percent":1},{"label":"Investment grade corporate bonds","percent":1},{"label":"Non-investment grade corporate bonds","percent":1},{"label":"Securities issued by registered investment companies or business development companies","percent":75},{"label":"Cash and cash equivalents","percent":4}],"privateFunds":0},"sources":{"adv1FilingDate":"27 March 2026","adv1Url":"https://reports.adviserinfo.sec.gov/reports/ADV/335388/PDF/335388.pdf","brochureDate":"27 March 2026","brochureUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1029497","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 Oakworth Asset Management have?","answer":"Oakworth Asset Management has 565 clients and manages $846 million for them, as of March 2026. They include 373 individual clients, 166 high-net-worth individuals, and 26 corporations and other businesses.","source":"Form ADV Part 1A, Items 5.D and 5.F, filed 27 March 2026","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does Oakworth Asset Management offer?","answer":"Oakworth Asset Management provides financial planning, portfolio management for individuals and small businesses, portfolio management for pooled vehicles, portfolio management for institutions, selecting other managers, education planning, estate planning, insurance, and tax planning.","source":"Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file; Part 2A brochure, Item 4","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Which custodians does Oakworth Asset Management use?","answer":"Oakworth Asset Management’s separately managed account assets are held at Axos Clearing LLC (Omaha, NE), with $805M and Oakworthcapital Bank (Birmingham, AL), with $41.8M. Only custodians holding at least a tenth of those assets are named.","source":"Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 27 March 2026","sourceRef":{"doc":"adv1","section":"custodians"}},{"question":"How many financial advisors does Oakworth Asset Management have?","answer":"Oakworth Asset Management has 19 investment adviser representatives registered with state securities authorities, out of 20 employees, and 19 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 Oakworth Asset Management invest in?","answer":"At the end of its last fiscal year, Oakworth Asset Management’s separately managed accounts held 75% registered funds (mutual funds, ETFs, BDCs), 16% exchange-traded equities, 4% cash and equivalents, 1% non-exchange-traded equities, 1% U.S. government and agency bonds, 1% state and local bonds, 1% investment grade corporate bonds and 1% high-yield corporate 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 Oakworth Asset Management?","answer":"Oakworth Asset Management is owned through a holding company by Oakworth Capital Inc. Its direct owner is Oakworth Capital Bank Inc (75% or more).","source":"Form ADV Part 1A, Schedules A and B, filed 27 March 2026","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does Oakworth Asset Management get paid?","answer":"Oakworth Asset Management is paid through a percentage of assets under management, hourly charges 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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Is Oakworth Asset Management registered with the SEC?","answer":"Yes, Oakworth Asset Management has been registered with the SEC as an investment adviser since 1 July 2025. Its CRD number is 335388 and its SEC file number is 801-132789.","source":"Form ADV Part 1A, Item 1, filed 27 March 2026; IAPD firm record","sourceRef":{"doc":"adv1","section":"identity"}},{"question":"How do I contact Oakworth Asset Management?","answer":"Oakworth Asset Management’s main office is at 850 Shades Creek Parkway, Suite 200, Birmingham, AL 35209. Its phone number is 205-263-4700. Its website is oakworth.com.","source":"Form ADV Part 1A, Item 1.F, filed 27 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."}