Many investors believe that the size of an organization assures its quality, but founder Bob Klosterman and CEO Sharon Bloodworth’s experience tells them differently.
Bob began in the financial services business with IDS, and Sharon had a seasoned investment background with American Express Financial Advisors and Lord Abbett when she joined in 2001. With backgrounds in large financial institutions, it was a conscious decision to cultivate a firm that would always be on the client’s side, and not one that focuses on products and sales.
From its inception, delivering objective advice has been the core of White Oaks Wealth Advisors. Bob made sure the firm was an early adopter of the fee-offset model in 1990, and fee-only model in 1997, at a time when most operated on a commission basis. For over 30 years, White Oaks has been giving sound advice instead of “selling transactions.”
Opting for independence instead of a more bureaucratic structure has enabled White Oaks to thrive as a boutique firm with selective staffing, focusing on a high-touch experience for clients with more assets.
In 2004, White Oaks created its own pooled fund strategy for qualified clients, which operates to this day-exemplifying the White Oaks values of independence, integrity, and creativity.
Since its founding in 1986, White Oaks has acquired a family office, expanded to seven dedicated team members, received acknowledgements from independent organizations like CNBC and Worth Magazine, established two locations in Florida and Minnesota, and is proudly serving clients from over 60 cities across the United States.
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