Oakwater Financial fees and pricing

Published fees

Quoted from the firm's Form ADV Part 2A brochure, filed March 30, 2026. Fees can change, so confirm with the firm before you hire them.

Hourly rate

$200⁠-⁠$400/hr

“The negotiated hourly fee for these services is between $200 and $400.”

Flat or project fee

$1,000⁠-⁠$10,000

“The negotiated fixed rate for creating client financial plans is between $1,000 and $10,000.”

Read the full brochure (PDF) (opens in new tab)SEC adviser record (opens in new tab)

How Oakwater Financial bills

Payment and refund terms, quoted from the fee section of the brochure.

• “Clients may terminate the agreement without penalty for a full refund of OFA's fees within five business days of signing the Investment Advisory Contract.”
• “Clients may terminate the agreement without penalty for a full refund of OFA's fees within five business days of signing the Investment Advisory Contract.”
• “Clients may terminate the agreement without penalty, for full refund of OFA’s fees, within five business days of signing the Financial Planning Agreement.”

How Oakwater Financial’s fees compare

• Its hourly rate of $200-$400 spans the Louisiana median of $250. 64% of the 45 other Louisiana planners that publish an hourly rate charge less.
• Its flat or project fee of $1,000-$10,000 spans the Louisiana median of $3,250. 63% of the 40 other Louisiana planners that publish a flat or project fee charge less.

About Oakwater Financial

• Solo practice: one person runs the firm, so you work directly with the planner.
• Registered as an adviser: 2023 (3 years).

Firm details from Form ADV

How the firm is paid

Hourly fees, fixed or flat fees, percentage of assets under management

Charges a % of assets

Yes

Highest asset based fee in brochure

1.25% a year

Clients

73

Employees

1

Works with

Individuals and high net worth individuals

Services reported to regulators

Financial planning, portfolio management for individuals and small businesses, pension consulting, and selecting other advisers

Assets managed

$15,332,633

Registered with

State securities regulators

Disciplinary disclosures

None reported

SEC CRD number

325181

Website

oakwater.net (opens in new tab)

Phone

(318) 702-3035

Other planners in Ruston that publish fees

• Argent Advisors, Inc.Ruston$150/hr, $1,000⁠-⁠$5,000
• A.b. Ridgeway Wealth Management LLCLafayette$1,000⁠-⁠$2,500, $97⁠-⁠$833/mo
• Adkins Seale Capital Management LLCShreveport$250⁠-⁠$500/hr, $1,500⁠-⁠$5,500
• Advocacy Financial LLCCovington$250/hr, $1,000⁠-⁠$10,000
• Avant Capital, LLCLafayette$200/hr, $1,500
• Bavarian Wealth Management, Inc.New Orleans$250/hr, $1,000⁠-⁠$2,500

Compare all 104 planners in Louisiana