The Oak Ridge Financial Services Group, Inc

The Oak Ridge Financial Services Group, Inc. is an independent financial services firm established in 1977, specializing in investment planning services. The firm is registered with the U.S. Securities & Exchange Commission and offers a range of services to individuals, trusts, estates, and institutional clients. Clients can choose to have their accounts managed by Oak Ridge's Investment Advisory Representatives or opt for third-party managers available through RBC Capital Markets, LLC. Third-party managers offer various investment models, including equities, mutual funds, ETFs, and fixed income. Clients have the option to approve or reject recommendations made by third-party managers, who manage accounts on a discretionary basis. Oak Ridge charges fees ranging from 0.25% to 2.25% on managed assets, not exceeding a cumulative fee of 2.50%. Financial planning services are also available for fixed fees ranging from $500 to $3,000 or hourly fees ranging from $150 to $350. The firm does not charge performance-based fees and does not engage in side-by-side management. Oak Ridge does not require a minimum account size and does not pay solicitation fees. Clients' assets are held by a third-party custodian, and the firm generally does not accept discretionary authority but may make exceptions with prior approval. Clients receive regular reports and statements from the custodian. Oak Ridge does not have authority to vote on proxy matters and does not require pre-payment of fees six months in advance.