Oak Financial Planning is a registered investment advisor based in Maple Grove, Minnesota, founded in 2015 and led by Daniel D. Hiebert. The firm offers a wide range of services designed to help individuals, families, and small business owners navigate their financial lives. Services include comprehensive and modular financial planning covering cash flow analysis, risk management, employee benefits, retirement projections, tax strategies, education funding, divorce planning, and estate planning guidance. For clients looking for ongoing oversight, Oak Financial Planning provides internal portfolio management as well as coordination with institutional sub-advisors and third-party investment managers. The firm generally utilizes Modern Portfolio Theory and a core-and-satellite investment strategy, blending passive index funds and exchange-traded funds with active managers to build diversified, tax-efficient portfolios. Additionally, the firm conducts periodic educational workshops on personal finance topics. Oak Financial Planning operates under a legally required standard to act in its clients' best interests.
Fee Structure
Portfolio-Based Fees (Tiered)
| Portfolio Value | Annual Fee |
|---|---|
| Up to $250K | 1.25% |
| $250K - $1.0M | 1.00% |
| $1.0M - $2.0M | 0.75% |
| $2M+ | 0.50% |
Accounts for the same household are aggregated for discounting. Published fees may be discounted at the firm's discretion but are not negotiable.