TrueAdvisor
TrueAdvisor
DP
DP

David Paton

The Oak Ridge Financial Services Group, INC
38 Years of Experience
Woodbury, MN
4 DisclosuresBroker
View SEC Summary
View SEC Summary

David Paton is a registered investment advisor at The Oak Ridge Financial Services Group, INC, based in Woodbury, MN, with 38 years of industry experience. David is also registered as a broker, so some compensation may come from commissions on products sold. Their practice areas include Investment Management, Retirement Planning. Their firm serves 1,005 clients with $670M in assets under management.

The Oak Ridge Financial Services Group, INC
Compensation
Fee-Only (% of Portfolio)Fixed/Hourly
Firm Size
33 advisors
Number of Clients
1,005 clients
Average Client Portfolio
$665K average
Assets Under Management
$668.6M

Fee Structure

Minimum Investment:None
Investment management only (planning not offered)
Portfolio-Based Fees (Flat)
Portfolio ValueAnnual Fee
Any2.25%

Fees vary from 0.25% to 2.25% on managed assets, not to exceed a maximum cumulative fee of 2.50%. Third-party managers may establish their own independent fee schedules.

Fee Estimator
Your Portfolio Value
$500K
$0$500K$1M$5M$20M
Estimated Annual Fee
—
View Full SEC Brochure

Location

539 Bielenberg Dr - Suite 100, Woodbury, MN, 55125

Get directions

History

Regulatory History (4)
What are disclosures? Advisors must report customer complaints, regulatory actions, and certain legal or financial events to the SEC. Not all disclosures are serious—many are settled disputes or minor violations. Learn how to evaluate them.
Customer Dispute
June 2020
Denied
Employment Separation After Allegations
January 2019
Customer Dispute
December 2017
Settled
Customer Dispute
September 1996
Settled
View Full SEC ReportHow to Read Disclosures
Other Business Activities

David serves as treasurer for two non-profit organizations: Neighbors Inc. since 2020 (a few hours per week) and Black Oak Lake Preservation since 2023 (minimal time). These roles involve reviewing finances, collecting fees, and working with other board members, and are not investment-related.

Employment History
Current Registrations
The Oak Ridge Financial Services Group, INC.Broker
January 2019 - Present · 7 yrs 9 mos
The Oak Ridge Financial Services Group, INC
January 2019 - Present · 7 yrs 9 mos
Previous Registrations
RBC Capital Markets, LLC
January 2008 - January 2019 · 11 yrs
RBC Capital Markets, LLCBroker
February 2006 - January 2019 · 12 yrs 11 mos
Northwestern Mutual Investment Services, LLCBroker
January 2002 - December 2002 · 11 mos
Robert W. Baird & CO. IncorporatedBroker
September 2000 - February 2006 · 5 yrs 5 mos
UBS Painewebber INC.Broker
May 1993 - August 2001 · 8 yrs 3 mos
Merrill Lynch, Pierce, Fenner & Smith IncorporatedBroker
October 1987 - April 1993 · 5 yrs 6 mos
State Registrations14 states
AKAZFLGAILINMDMNNMORSDTXVAWI
AdvisorBrokerBoth

You can work with an advisor not registered in your state. Most advisors can legally serve a small number of clients across state lines without registering.

Exams
No exam information available for this advisor.
More Advisors
More financial advisors in Woodbury, MN →All financial advisors in Minnesota →