SEC-registered firm
Registration does not mean the SEC approves or recommends the firm, and it does not imply a certain level of skill or training.
Oakmont Corporation
Los Angeles, CA
CRD 112337
Firm filing updated July 16, 2026 ·
- $2.2BAssets
- 6Advisory staff
- 87Accounts
Fees and minimums
All fee types on the form
- Percentage of assets under managementYes
- Fixed feesYes
- Performance-based feesYes
- Hourly chargesNo
- Subscription fees (for a newsletter or periodical)No
- CommissionsNo
- OtherNo
Who the firm serves
- High net worth individuals63
- Pooled vehicles13
- Corporations or other businesses5
See the client table
| Client type | Approximate number of clients | Assets |
|---|---|---|
| Individuals (other than high net worth) | Fewer than 5 clients | $0 |
| High net worth individuals | 63 | $1.5 billion |
| Pooled investment vehicles (other than investment companies and business development companies) | 13 | $475.2 million |
| Charitable organizations | Fewer than 5 clients | $126.5 million |
| Corporations or other businesses not listed above | 5 | $138.8 million |
What the client labels mean
Here, "individuals" includes trusts, estates, and IRAs of individuals. A "high net worth individual" is a qualified client or qualified purchaser.
Services
- Financial planning services
- Portfolio management for individuals and/or small businesses
- Portfolio management for pooled investment vehicles (other than investment companies)
See all 5 services
- Portfolio management for businesses (other than small businesses) or institutional clients
- Selection of other advisors (including private fund managers)
- 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 advisors (including private fund managers)
Assets and accounts
- Regulatory assets$2.2 billion
- Accounts87
- Discretionary$2.2 billion · 83 accounts
- Non-discretionary$57.9 million · 4 accounts
People
- Employees35
- Advisory staff6
- Broker-dealer reps0
- Licensed insurance agents0
- Planning clients51 to 100
Registration details
- SEC-registered investment advisor. CRD 112337, SEC file 801-42175.
- Registered with the SEC as an investment advisor (status date on record: September 3, 1992).
Is Oakmont Corporation a fiduciary?
Short answer: Oakmont Corporation is registered with the SEC as an investment advisor.
More detail
The SEC put it this way in 2019: 'Under federal law, an investment adviser is a fiduciary.'
The firm does not report commissions, a broker-dealer role, a related broker-dealer, or staff who are broker-dealer representatives.
The firm's Form CRS explains its services, fees and conflicts in plain language: Form CRS.
About this data
Informational only. Advisable Finance is not an investment advisor, does not give investment advice, and does not endorse any advisor.