Thomas Bates is a registered investment advisor at Oakwater Financial, based in Ruston, LA, with 3 years of industry experience. Thomas operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Education Planning, Financial Planning & Coaching, Investment Management, Retirement Planning, and 1 more. Their firm serves 54 clients with $4.3M in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Portfolio-Based Fees (Tiered)
| Portfolio Value | Annual Fee |
|---|---|
| Up to $500K | 1.25% |
| $500K - $1.0M | 1.00% |
| $1.0M - $2.0M | 0.90% |
| $2M+ | 0.70% |
Fees are generally negotiable.
Fee Estimator
Location
107 W Alabama Ave Ste 2, Ruston, LA, 71270
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Regulatory History
No disclosures, customer disputes, or regulatory actions on file.
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Thomas is a CPA and partner in Oakwater Financial Group, LLC, a tax and accounting firm. He also owns Oakwater Financial LLC, providing contract CFO and management consulting services, and is a partner in Oakwater Properties LLC, a real estate investment partnership, dedicating a few hours per week to this.
Employment History
Current Registrations
Oakwater Financial
State Registrations2 states
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