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.
Okabena Investment Services Inc
Minneapolis, MN
CRD 111162
Firm filing updated March 27, 2026 ·
- $2.1BAssets
- 8Advisory staff
- 383Accounts
Fees and minimums
All fee types on the form
- Percentage of assets under managementYes
- Hourly chargesNo
- Fixed feesNo
- Subscription fees (for a newsletter or periodical)No
- CommissionsNo
- Performance-based feesNo
- OtherNo
Who the firm serves
- High net worth individuals125
- Pooled vehicles12
- Charities11
See the client table
| Client type | Approximate number of clients | Assets |
|---|---|---|
| Individuals (other than high net worth) | Fewer than 5 clients | $63 |
| High net worth individuals | 125 | $486.5 million |
| Pooled investment vehicles (other than investment companies and business development companies) | 12 | $1.4 billion |
| Charitable organizations | 11 | $48.3 million |
| Other: "FAMILY LLCS AND LPS" | Fewer than 5 clients | $162.6 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
- 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
See all 5 services
- Selection of other advisors (including private fund managers)
- Other: "PORTFOLIO MANAGEMENT FOR FAMILY LLCS AND LPS"
- 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)
- Other: "PORTFOLIO MANAGEMENT FOR FAMILY LLCS AND LPS"
Assets and accounts
- Regulatory assets$2.1 billion
- Accounts383
- Discretionary$1.9 billion · 372 accounts
- Non-discretionary$231.1 million · 11 accounts
People
- Employees18
- Advisory staff8
- Broker-dealer reps0
- Licensed insurance agents0
Advisors
3 advisors with a profile on Advisable
Listed A to Z by last name. Not a ranking.
Registration details
- SEC-registered investment advisor. CRD 111162, SEC file 801-47929.
- Registered with the SEC as an investment advisor (status date on record: November 29, 1994).
Is Okabena Investment Services Inc a fiduciary?
Short answer: Okabena Investment Services Inc 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.