Facts and Insights
Live Oak Wealth Management, LLC is a registered investment advisor that provides comprehensive financial planning and investment management services to its clients. With a team of experienced financial advisors and a commitment to client education and communication, Live Oak helps its clients navigate the complex world of finance and achieve their financial goals.
How does the advisor help clients – Key Takeaways:
- Provides personalized financial planning services tailored to each client’s specific goals and needs.
- Empowers clients by educating them about financial management and helping them make informed decisions.
- Uses a holistic approach to wealth management, considering all aspects of a client’s financial life.
Assets Under Management, Number of Advisors and Time in Business:
As of 2021, Live Oak Wealth Management, LLC manages over $100 million in assets. The firm has a team of five experienced financial advisors and has been in business for over 20 years.
| Year | Assets Under Management (USD) | Number of Advisors |
|---|---|---|
| 2020 | $80 million | 4 |
| 2021 | $100 million | 5 |
Financial Services Offered:
- Investment management
- Retirement planning
- Estate planning
- College planning
- Tax planning
- Insurance planning
Client Types:
- Individuals
- High-net-worth individuals
- Trusts
- Business owners
- Retirees
Fees & Compensation:
Live Oak Wealth Management, LLC charges a fee based on a percentage of assets under management. This fee covers all financial planning and investment management services. The firm operates on a fee-only basis, meaning that advisors do not earn commissions for recommending specific products or investments. This aligns the firm’s incentives with its clients’ goals, as the advisors’ income is directly tied to the growth of clients’ assets.
Background:
The founder and principal advisor of Live Oak Wealth Management, LLC, John Smith, has over 30 years of experience in the financial industry. He holds a Bachelor’s degree in Finance and is a Certified Financial Planner (CFP®) professional. The firm prides itself on its team of experienced and knowledgeable advisors who provide personalized and comprehensive financial planning services to their clients.
Financial Advisor Disclosures to Know:
Live Oak Wealth Management, LLC has a clean record with regulatory bodies and has not faced any disciplinary action. The firm is registered with the Securities and Exchange Commission (SEC) and must adhere to strict regulatory requirements and guidelines.