Oak Associates Ltd

Name

Oak Associates Ltd

Legal name

Oak Associates, ltd.

Website

https://oakassociates.com

Company type

Private

Founded year

1985

Operating status

Operating

Headcount range

11–50 employees

Ownership category

akta.pro rank

Product category

Investment Management

NAICS

Portfolio Management and Investment Advice (523940), 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), Broker-Dealer Affiliated Wealth Advisory (FSAEABAB)

Keywords

• Equity investment management
• Mutual fund management
• Separately managed accounts
• U.S. equity strategies
• Institutional asset management

Headquarters

HQ city

Akron

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

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

Revenue model

1. Investment Management Fees: Oak Associates generates revenue through investment management fees charged on assets under management across its mutual funds, separately managed accounts (SMAs), and institutional accounts. Fees are typically calculated as a percentage of assets under management on an annual basis.

Go-to-market motion1 record

Distribution channels3 records

Marketing channels3 records

Core offering

Oak Associates is an investment management firm offering U.S. equity portfolios through three distribution formats: seven mutual funds covering market caps and sectors, Separately Managed Accounts (SMAs), and Institutional Accounts. All products follow a dual-concentrated, long-term, fully invested investment philosophy that remains independent of index benchmarks, combining top-down sector research with bottom-up stock selection.

Product overview

Oak Associates Ltd offers a suite of dual-concentrated U.S. equity investment products, including seven mutual funds (White Oak Select Growth, Pin Oak Equity, Rock Oak Core Growth, River Oak Discovery, Red Oak Technology Select, Black Oak Emerging Technology, and Live Oak Health Sciences), along with Separately Managed Accounts (SMAs) and Institutional Accounts. The funds span equity strategies across market caps (large, mid, small, all-cap) and specific sectors (technology and healthcare). All products follow the firm's core investment philosophy of long-term, concentrated, fully invested domestic U.S. equity portfolios.

Differentiator

Problem solved

Functional benefit

Brands

• Oak Associates Funds: The fund umbrella brand encompassing all equity and sector mutual funds managed by the firm.
• White Oak Select Growth
• Pin Oak Equity
• Rock Oak Core Growth
• River Oak Discovery
• Red Oak Technology Select
• Black Oak Emerging Technology
• Live Oak Health Sciences

Products and services

• White Oak Select Growth (WOGSX) Large cap equity mutual fund following Oak Associates' dual-concentrated investment philosophy, focusing on long-term capital appreciation through concentrated positions in high-conviction U.S. large-cap holdings. Available to U.S. investors through the mutual fund platform.
• Pin Oak Equity (POGSX)
• Rock Oak Core Growth (RCKSX)
• River Oak Discovery (RIVSX)
• Red Oak Technology Select (ROGSX)
• Black Oak Emerging Technology (BOGSX)
• Live Oak Health Sciences (LOGSX)
• Separately Managed Accounts (SMAs)
• Institutional Accounts

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Two partnerships are on record, tiered core.

• Ultimus Fund Distributors, LLCcoreChannel Partner/ Reseller/ DistributorUltimus Fund Distributors, LLC serves as the distributor for Oak Associates Funds. They are a registered broker/dealer and member of FINRA/SIPC, handling the distribution and sale of Oak Associates mutual fund shares to investors.
• Ultimus Fund SolutionscoreTechnology or IntegrationUltimus Fund Solutions provides the online shareholder portal (uportal.ultimusfundsolutions.com) used by Oak Associates for shareholder account management, including login access and online account setup for mutual fund investors.

Scale indicators2 records

Recent moves1 record

Expansion highlights2 records

Direct peers

• Polen Capital: Polen Capital is a boutique active equity manager specializing in concentrated, high-conviction U.S. growth strategies for institutional and advisor clients — directly comparable to Oak Associates' dual-concentrated, fully-invested U.S. equity philosophy.
• Villere & Co. Villere & Co. is a boutique active U.S. equity manager using a concentrated, fundamentals-driven approach across market caps for institutional and individual investors — a comparable peer in size and philosophy to Oak Associates.
• Alger: Alger is a long-standing concentrated growth equity manager with mutual funds, SMAs, and institutional separate accounts — closely comparable to Oak Associates' high-conviction, fully-invested approach across multiple U.S. equity sleeves.
• Jensen Investment Management: Jensen is a long-tenured concentrated U.S. equity manager offering mutual funds and SMAs to advisors and institutions — a close peer given its similar concentrated, fundamentals-driven approach and multi-decade track record.
• Royce Investment Partners: Royce is a small-cap specialist with mutual funds and SMAs distributed through advisors — directly comparable to Oak Associates' River Oak Discovery small-cap product and concentrated fundamentals approach.
• Ariel Investments: Ariel is a fundamental, actively managed U.S. equity boutique serving both institutional and retail investors through mutual funds and separate accounts — comparable to Oak Associates in philosophy, product mix, and advisor distribution.
• Calamos Investments: Calamos is an active U.S. equity manager offering mutual funds and SMAs across growth and sector strategies — directly comparable to Oak Associates' lineup of market-cap and sector-focused funds distributed through advisors.
• Westwood Holdings Group: Westwood is an active U.S. equity and multi-asset manager with institutional separate accounts and mutual fund products — comparable to Oak Associates in offering multiple U.S. equity strategies with institutional and advisor distribution.

Broad incumbents

• Hartford Funds: Hartford Funds is a broad mutual fund platform with active U.S. equity and sector offerings distributed through financial advisors — a broader incumbent that competes for the same advisor wallet share as Oak Associates' lineup.
• Eaton Vance: Eaton Vance (now part of Morgan Stanley Investment Management) is a large, diversified active manager with broad U.S. equity, sector, and SMA capabilities — an incumbent competitor that overlaps with Oak Associates' equity and sector fund lineup from a broader platform.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat3 records

Key risks1 record

Key highlights6 records

Customer concentration

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 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 Oak Associates Ltd