THE OAK RIDGE FINANCIAL SERVICES GROUP, INC
Adviser information for THE OAK RIDGE FINANCIAL SERVICES GROUP, INC last updated from Form ADV on December 8th, 2023. Select data displayed; additional Form ADV, Form D, Form 13F and other data is available from the Fincoded API.
Advisory Business
| Type of Organization | Corporation |
|---|---|
| Fiscal Year End | SEPTEMBER |
| Legal Location | Minnesota, United States |
Employees
| Total Number of Employees | 60 |
|---|---|
| Investment Advisory/Research | 30 |
| Registered Broker-Dealer Representatives | 39 |
| Registered State Investment Advisers | 30 |
| Licensed Agents of an Insurance Company | 30 |
| No. of Firms/People that Solicit Clients | 0 |
RAUM
| Provides Management of Securities Portfolios | Yes |
|---|
| Type | Accounts | RAUM |
|---|---|---|
| Discretionary | 304 | $93.6M |
| Non-Discretionary | 1,045 | $320.0M |
| Total | 1,349 | $413.6M |
Clients
| Type | Number | RAUM |
|---|---|---|
| Individuals | 1,277 | $283.3M |
| HNW Individuals | 72 | $130.3M |
| Banking or thrift institutions | 0 | $0 |
| Investment companies | 0 | $0 |
| Business development companies | 0 | $0 |
| Pooled investment vehicles | 0 | $0 |
| Pension and profit sharing plans | 0 | $0 |
| Charitable organizations | 0 | $0 |
| State or municipal gov entities | 0 | $0 |
| Other investment advisers | 0 | $0 |
| Insurance companies | 0 | $0 |
| Sovereign wealth funds and foreign official institutions | 0 | $0 |
| Corporations or other businesses | 0 | $0 |
| Other | 0 | $0 |
| Type | Number |
|---|---|
| No. of Non-RAUM Clients | 0 |
| No. of Non-U.S. Clients | 0 |
| No. of Financial Planning Clients | 1-10 |
Services
| Advisory Services | Financial planningPortfolio management for individuals and/or small businessesSelection of other advisers (including private fund managers) |
|---|---|
| Compensation | % of AUMHourly chargesFixed fees |
| Other Business Activities | Broker-dealerInsurance broker or agent |
Identifiers
| SEC RIA File Number | 801-80809 |
|---|---|
| SEC ERA File Number | 801-80809 |
| SEC CIK Numbers | None |
| SEC CRD Numbers | 42941 |
| Legal Entity Identifier | None |
Principal Office
701 XENIA AVENUE SOUTHSUITE 100
GOLDEN VALLEY
MN
United States
Monday - Friday, 8:00AM TO 4:30 PM
Tel: 763-923-2270, Fax: 763-923-2289
Websites
Chief Compliance Officer
SARAH M. WISNIEWSKI
SENIOR VICE PRESIDENT & CHIEF COMPLIANCE OFFICER
701 XENIA AVENUE SOUTH
SUITE 100
GOLDEN VALLEY
MN
United States
Tel:
763-923-2245
Fax:
763-923-2267
S**********@********************M
(Full email address available in API data)
Regulatory Contact
KAEL BROWN
EVP / HEAD OF PRIVATE CLIENT GROUP
XENIA AVENUE SOUTH
701
GOLDEN VALLEY
MN
United States
Tel:
763 923-2219
Fax:
763-923-2267
K*****@********************M
(Full email address available in API data)
Industry Affiliates
| THE OAK RIDGE FINANCIAL SERVICES GROUP, INC | Broker-dealer, municipal securities dealer, or gov securities broker or dealerInsurance company or agency |
Private Funds
| Name | Type | Assets $USD | Min Investment $USD | No. Owners |
|---|
None
Control Persons
| Name | Type | Entity | Title | Since | Ownership |
|---|---|---|---|---|---|
| NEWMAN, LISA ANN | Individual | – | EVP, CFO, DIRECTOR | 09/2008 | < 5% |
| OAK RIDGE ACQUISITION CORPORATION | Domestic Entity | – | CORPORATE OWNER | 11/2015 | > 75% |
| KING, RUSSELL STUART | Individual | – | CHAIRMAN, CEO & DIRECTOR | 02/2016 | < 5% |
| KING, RUSSELL STUART | Individual | OAK RIDGE ACQUISITION CORPORATION | SHAREHOLDER COMMON | 06/2015 | 50-75% |
| BROWN, KAEL CELESTE | Individual | – | EVP - PRIVATE CLIENT GROUP, SALES MANAGER | 08/2020 | < 5% |
| RUMBLE, JULIE ANN MACY | Individual | – | VP, OPERATIONS MANAGER | 08/2020 | < 5% |
| WISNIEWSKI, SARAH MARIE | Individual | – | CHIEF COMPLIANCE OFFICER | 03/2023 | < 5% |