SEC-registered independent wealth management RIA
Oakmont Corporation
As of its Form ADV filed July 16, 2026, Oakmont Corporation, an SEC-registered independent wealth management RIA in Los Angeles, California, reported $2.2 billion in regulatory assets under management across 87 accounts, ranking #83 among independent RIAs in California by assets.
Registration
- Main office
- Los Angeles, CA
- Registration
- SEC-registered, Approved
- CRD number
- 112337
- SEC file number
- 801-42175
- Registered since
- September 3, 1992
- Latest Form ADV filing
- July 16, 2026
- Organized as
- Corporation
- Fiscal year ends
- December
- Other offices
- 0
Key figures
- Regulatory assets under management
- $2.2 billion
- Discretionary
- $2.2 billion (97.4%)
- Non-discretionary
- $57.9 million
- Accounts
- 87 (83 discretionary)
- Clients
- 84, approximate as reported
- Employees
- 35
- Advisory staff
- 6 performing investment advisory functions
- Average account
- $25.5 million
- Asset growth, 1 year
- -0.4% (from $2.2 billion a year earlier)
- Asset growth, 3-year annual rate
- 1.4% (from $2.1 billion three years earlier)
- Asset growth, 5-year annual rate
- -2.8% (from $2.6 billion five years earlier)
- Client growth, 1 year
- -2.3% (from 86)
Independent wealth management RIA: individual and high net worth clients hold at least half of its regulatory assets, it offers financial planning or portfolio management for individuals, and it is not a broker-dealer, a bank or part of one by the directory's rules. How firms are classed.
Growth rates come from the SEC's yearly snapshots and are left blank when the years are not comparable.
Rankings
Among independent wealth management RIAs.
| Ranking | Nationally | In California | Value |
|---|---|---|---|
| Largest independent RIAs by assets under management | #546 | #83 | $2.2 billion |
| Fastest-growing independent RIAs over one year | #6,366 | #837 | -0.4%from $2.2 billion |
| Fastest-growing independent RIAs over three years | #5,169 | #690 | 1.4%from $2.1 billion |
| Fastest-growing independent RIAs over five years | #4,538 | #612 | -2.8%from $2.6 billion |
| Independent RIAs with the most clients | #9,591 | #1,167 | 84 |
| Independent RIAs with the most accounts | #11,835 | #1,502 | 87 |
| Independent RIAs with the most advisory staff | #2,105 | #225 | 6 |
| Independent RIAs with the most high net worth clients | #4,732 | #607 | 63 |
Assets over time
Data table
| As of | RAUM |
|---|---|
| October 1, 2010 | $459.9 million |
| October 3, 2011 | $608.2 million |
| October 1, 2012 | $389.1 million |
| October 1, 2013 | $394.9 million |
| October 1, 2014 | $622.5 million |
| October 1, 2015 | $636.8 million |
| October 3, 2016 | $863.2 million |
| October 2, 2017 | $552.4 million |
| October 1, 2018 | $864.9 million |
| October 1, 2019 | $783.3 million |
| October 1, 2020 | $1.3 billion |
| October 4, 2021 | $2.6 billion |
| October 3, 2022 | $2.9 billion |
| October 5, 2023 | $2.1 billion |
| October 1, 2024 | $2.3 billion |
| September 2, 2025 | $2.2 billion |
| October 2, 2026 | $2.2 billion |
Clients and services
Client mix
| Measure | Bar | RAUM |
|---|---|---|
| High net worth individuals 63 clients | $1.5 billion | |
| Pooled investment vehicles 13 clients | $475.2 million | |
| Corporations or other businesses 5 clients | $138.8 million | |
| Charitable organizations fewer than 5 clients | $126.5 million | |
| Individuals (other than high net worth) fewer than 5 clients | $0 |
How the firm is paid
- A percentage of assets under management
- Fixed fees
- Performance-based fees
Advisory services
- Financial planning
- Portfolio management for individuals or small businesses
- Portfolio management for pooled investment vehicles
- Portfolio management for businesses or institutional clients
- Selection of other advisers
Financial planning clients (Item 5.H): 51-100.
Wrap fee program sponsor or portfolio manager: no.
Other business, affiliations and custody
Other business activities (Item 6.A)
- Commodity pool operator or commodity trading advisor
Financial industry affiliations (Item 7.A)
- Other investment adviser
- Commodity pool operator or commodity trading advisor
- Sponsor, general partner or managing member of pooled investment vehicles
Advises 13 private funds (Item 7.B).
Custody (Item 9)
The firm reported custody of client cash or securities, $2.2 billion in total.
Investment adviser representatives
- IARs registered with the firm
- 0
- Also registered through a broker-dealer
- 0
- Employees who are IARs (Form ADV 5.B(3))
- 0
IAR registrations by jurisdiction are not available for this firm. IAR CE requirements by state.
Counts only. AdvisorIQ does not list individual people.
Disclosures
On Form ADV Item 11 the firm answered yes to 0 disclosure questions. See the detail on IAPD.
Succession and acquired firms
On Form ADV Item 4 the firm did not report succeeding to another adviser's business.
Similar-sized firms in California
| Firm | City | RAUM |
|---|---|---|
| Beacon Coast Partners, LLC | San Francisco | $2.3 billion |
| Grant Tani Barash & Altman, LLC | Beverly Hills | $2.3 billion |
| JDL Advisers | Newport Beach | $2.3 billion |
| California Financial Advisors | San Ramon | $2.3 billion |
| Joel R. Mogy Investment Counsel Inc. | Beverly Hills | $2.2 billion |
The five independent RIAs nearest in regulatory assets with a main office in the same state.
Elsewhere
- Oakmont Corporation on IAPD: Form ADV, brochures and disclosure detail.
- Firm website: www.linkedin.com/company/oakmont-corporation
- Independent RIAs in California
Firm data as of October 2, 2026, from ia100226.zip. Figures are as the firm reported them; corrections are made on Form ADV and appear after the next monthly reload.
Data as of October 2, 2026, from Form ADV. Sources: SEC registered adviser data (ia100226.zip) and IAPD compilation reports. How the directory is built.