One Oak Capital Management

What One Oak Capital Management does

One Oak Capital Management, LLC is an SEC-registered investment adviser founded in February 2013 by Stephen DiTursi and headquartered at 287 Bowman Avenue, Purchase, NY. The firm manages portfolios of investment-grade municipal and corporate bonds for high-net-worth individuals, family offices, RIAs, trusts and estates, endowments, and charitable organizations, distributing primarily through a Separately Managed Account (SMA) structure on the Envestnet platform and at major custodians (Charles Schwab, Fidelity, Pershing). As of December 31, 2025, total firm assets stood at $307 million, down from $351 million at September 30, 2025.

The firm's product suite comprises three SMAs - the Enhanced Municipal Portfolio, Enhanced Taxable Municipal Portfolio, and Enhanced Short-Duration Municipal Portfolio - plus a hedge fund vehicle, the Municipal Opportunities Portfolio. Portfolios are constructed using a laddered methodology across staggered maturities and governed by a proprietary six-factor risk management framework covering interest rate, credit, liquidity, yield curve, sector, and regulatory dimensions. Portfolio analytics rely on Bloomberg and Fabkom. Performance has been independently validated through GIPS verification (2019-2022), multiple Zephyr/PSN Top Gun awards spanning Q1 2023 through Q1 2026, and a Morningstar 5-Star rating on the Enhanced Municipal Portfolio for the three-year period ending September 30, 2025.

One Oak earns revenue through investment management fees calculated as a percentage of assets under management, with the highest standard fee set at 0.30% per year, deducted quarterly in January, April, July, and October. The firm is privately held, founder-controlled, and has not disclosed external institutional ownership or funding rounds. As of late 2025 the team comprised 14-16 professionals, including eleven investment specialists, with recent additions including Joseph H. Marren (appointed Head of Research effective October 1, 2025) following the firm's November 2024 transaction establishing One Oak as general partner of two KStone funds-of-hedge-funds.

Name

One Oak Capital Management

Legal name

One Oak Capital Management, LLC

Website

https://oneoakcapitalmgmt.com

Company type

Private

Founded year

2013

Operating status

Operating

Headcount range

11–50 employees

Short description

One Oak Capital Management is a Purchase, NY-based SEC-registered investment adviser managing $307M in actively managed municipal and corporate bond separately managed accounts and a hedge fund for high-net-worth individuals, family offices, and RIAs, distributed via Envestnet, Schwab, Fidelity, and Pershing.

Ownership category

akta.pro rank

Product category

Fixed Income Investment Management

NAICS

Portfolio Management and Investment Advice (52394)

SIC

Investment Advice (6282)

akta.pro primary industry

Managed Accounts & Model Portfolios (SMA/UMA) (FSAAAAAG)

akta.pro secondary industries

Institutional Separate Accounts & SMAs (Mandates) (FSAAAGAL), Advisory Portfolio Management (Non-Discretionary) (FSAAABAD)

Keywords

• Fixed income management
• Municipal bond investing
• Separately managed accounts
• Investment advisory services
• Alternative credit strategies

Headquarters

HQ city

Purchase

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales

Revenue model

1. Investment Management Fees: The firm charges investment management fees calculated as a percentage of assets under management. Net returns are calculated by deducting the highest standard fee from gross returns on a quarterly basis. The highest fee is 0.30% per year, deducted quarterly in January, April, July, and October. One Oak does not accrue management fees for remaining months.

Pricing tiers

Go-to-market motion1 record

Distribution channels4 records

Marketing channels4 records

Core offering

One Oak Capital Management is an SEC-registered investment adviser that delivers actively managed, institutional-grade fixed income investment strategies primarily through separately managed accounts (SMAs). The core suite consists of the Enhanced Municipal Portfolio (tax-advantaged total return), Enhanced Taxable Municipal Portfolio (taxable total return), and Enhanced Short-Duration Municipal Portfolio (low-volatility, short-duration), supplemented by the Municipal Opportunities Portfolio offered through a hedge fund vehicle for qualified clients. All strategies are customizable by duration, state, management style, and income requirements, and are governed by a six-factor risk management framework.

Product overview

One Oak Capital Management offers a suite of four distinct fixed income investment strategies delivered primarily through separately managed accounts (SMAs). The core products include the Enhanced Municipal Portfolio (tax-advantaged total return), Enhanced Taxable Municipal Portfolio (taxable total return), and Enhanced Short-Duration Municipal Portfolio (low volatility, short duration). An alternative credit strategy, the Municipal Opportunities Portfolio, is available as a hedge fund vehicle. All SMA strategies can be customized by duration, state, management style, and income requirements, and are accessible through Envestnet and major custodians including Charles Schwab, Fidelity, and Pershing.

Differentiator

Problem solved

Functional benefit

Products and services

• Enhanced Municipal Portfolio A laddered, actively managed separately managed account strategy that capitalizes on the idiosyncratic nature of the municipal market. Consists of a diversified portfolio of high credit quality bonds designed for investors seeking tax-advantaged income. Awarded Zephyr's PSN Top Gun award for Top 10 return for three-year ending December 31, 2025 in the PSN Municipal Universe, and carries a 5-Star Morningstar Rating for the three-year ending September 30, 2025.
• Enhanced Taxable Municipal Portfolio A separately managed account strategy that capitalizes on the municipal market supplemented with corporate bond exposure. Seeks a combination of attractive taxable income and total return through diversified, high credit quality bonds. Multiple Zephyr PSN Top Gun awards across 1-year, 3-year, and 5-year periods in PSN Municipal, Intermediate Maturity, and US Fixed Income Universes; carries a 3-Star Morningstar Rating.
• Enhanced Short-Duration Municipal Portfolio A laddered, strategically managed short-duration separately managed account strategy designed for investors seeking low volatility and attractive tax-advantaged yields. Targets approximately 1.5 years duration with high credit quality bonds. Carries a 3-Star Morningstar Rating.
• Municipal Opportunities Portfolio A hedge fund strategy that captures relative value opportunities within the US investment-grade municipal market, supplemented by investment grade corporate bond exposure. Seeks attractive risk-adjusted returns relatively independent of market direction through active management within a rigorous risk framework. Available to qualified clients only.

Quantifiable outcome

• 5-Star Morningstar Rating for Enhanced Municipal Portfolio, three-year ending September 30, 2025
• +2 more outcomes

Named customers6 records

Segments2 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration4 records

Feature3 records

Partnerships

Four partnerships are on record, tiered core.

• EnvestnetcoreChannel Partner/ Reseller/ DistributorOne Oak Capital Management's SMA strategies are available through the Envestnet platform, providing financial advisors and institutions access to the firm's fixed income investment strategies through a leading wealth management technology provider.
• Charles SchwabcoreChannel Partner/ Reseller/ DistributorMajor custodian providing custody services for client SMA accounts. Charles Schwab is one of the largest brokerage firms in the United States, enabling broad accessibility for One Oak's investment strategies.
• Fidelity InvestmentscoreChannel Partner/ Reseller/ DistributorMajor custodian platform providing custody services for client SMA accounts. Fidelity is a leading financial services corporation offering brokerage and investment services.
• PershingcoreChannel Partner/ Reseller/ DistributorMajor custodian platform (a BNY Mellon company) providing custody services for client SMA accounts. Pershing provides clearing, custody, and other back-office services to financial intermediaries.

Scale indicators5 records

Recent moves5 records

Expansion highlights5 records

Direct peers

• Sit Investment Associates: Boutique fixed-income manager focused on active multi-sector bond strategies with SMA and institutional offerings. Closely comparable to One Oak on product scope, SMA-centric distribution, and boutique scale.
• Income Research + Management (IR+M): Independent institutional fixed-income manager offering SMA strategies across multi-sector bond portfolios. Directly comparable as a focused fixed-income shop distributing primarily through SMAs and institutional channels.
• Bramshill Investments: Boutique fixed-income specialist active in municipal, corporate, and structured credit. Comparable boutique scale, active fixed-income value proposition, and institutional/intermediary distribution model.

Emerging players

• Cohen & Steers: Income-focused asset manager with municipal and real-asset strategies for advisors and institutional clients. Overlaps with One Oak's tax-advantaged-income thesis but is broader in product and substantially larger.

Broad incumbents

• Nuveen: Largest US municipal bond manager offering broad active and SMA products across institutional, intermediary, and retail channels. Competes with One Oak's municipal fixed-income strategies across effectively all customer segments at vastly greater scale.
• Morgan Stanley Investment Management (Eaton Vance): Global investment manager incorporating Eaton Vance's sizable municipal and SMA franchise. Direct competitor in municipal SMA distribution to advisors and institutions at significantly greater scale and brand reach.
• Western Asset Management: Large global fixed-income manager with multi-sector and municipal strategies distributed across institutional and intermediary channels. Competes for fixed-income SMA mandates with materially greater scale and product breadth.
• Lord Abbett: Diversified asset manager with a sizable municipal bond and multi-sector fixed-income product set. Overlaps directly with One Oak's muni and SMA offerings to intermediaries and institutional clients, at meaningfully larger scale.
• BlackRock: World's largest asset manager with broad municipal products including SMA and ETF offerings (iShares). Competes directly with One Oak across institutional, intermediary, and retail touchpoints with unmatched scale.
• AllianceBernstein: Global investment manager with municipal bond, SMA, and multi-sector fixed-income strategies. Overlaps with One Oak's customer segments and product approach at substantially larger scale and longer distribution history.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks6 records

Key highlights5 records

Customer concentration

• LinkedInlinkedin.com/company/one-oak-capital-management-llc

Compliance4 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles8 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about One Oak Capital Management