Oaktree Wealth Group Inc.
Data sourced from SEC public records (and other sources when available). Refreshed weekly • Updated today.
About
Oaktree Wealth Group is a state‑registered investment adviser serving a small number of individual clients and institutional plan sponsors, including pension and profit‑sharing plans. The firm provides ongoing portfolio management primarily through referrals to third‑party money managers, written financial planning (comprehensive and modular), one‑time and as‑needed consulting, and non‑discretionary pension consulting for employee benefit plans (including 401(k)s).
The firm documents client objectives in Investment Policy Statements and applies modern portfolio theory when developing asset‑allocation recommendations across product types such as mutual funds, ETFs, equities, fixed income and variable annuities, while discretionary implementation is typically handled by the selected third‑party managers. Financial planning is offered on hourly or fixed‑fee terms and the firm occasionally presents impersonal seminars on financial, retirement and investment planning that are usually free to attendees but may be fee‑based for larger groups.
Distinctive elements in the brochure include the firm’s explicit pension consulting offering and its use of educational seminars — services that are statistically uncommon among similar independent advisers — and a referral model that limits recommendations to third‑party managers who agree to share advisory fees, which the brochure identifies as a potential conflict of interest. The disclosure also notes that an owner is a licensed insurance agent (which can result in commissionable recommendations), that advisory fees may be deducted directly from custodian accounts (triggering custody safeguards), and that proxy voting is left to clients or third‑party managers.
Client services
Expertise
Fee options
Fixed fees for financial planning and consulting services range from $250 minimum to $25,000 maximum; typical full financial plan fixed fee is $2,500; modular financial plan fixed fee is $750; consulting services fixed fee minimum is $250.
$0 - $1,000,000: 1.0% $1,000,001 - $4,000,000: 0.75% $4,000,001+: 0.50%
Commissions may be charged on insurance products such as disability insurance, life insurance, annuities, sold by investment adviser representatives in their separate capacity as insurance agents.
$250 per hour for financial planning and consulting services.
Main office
135 S. State College Blvd, Ste 200
Brea CA 92821
Advisors at this office
1
Most active in
California
Also doing business as
Chong, David Y. · David Y. Chong, Cfp · Oaktree Wealth Group Inc. · Oaktree Wealth Group, Inc.
Disclosures
Exclamation point means they have disclosures of this type. Check mark means no disclosures of this type were found.
Business activities & affiliations
Is not active or affiliated with:
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Insurance agent
They sell insurance products and may earn commissions on those sales.
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Broker-dealer / trader
They provide brokerage services and may earn transaction-based compensation in addition to advisory fees.
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Bank
They're affiliated with a bank that may offer its own financial products and services.
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Trust company
They provide trust and estate administration services, typically for separate fees.
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Fund sponsor
They manage or sponsor investment funds and may earn management or performance-based fees if clients invest in them.
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Accountant / CPA / tax prep
They offer tax and accounting services, typically for separate fees.
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Lawyer
They provide legal services, typically billed separately.
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Real estate agent
They facilitate real estate transactions and may earn commissions.
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Other specialized services
They may provide services such as pension consulting or municipal advisory work, typically for separate fees.
Forms ADV
Quick links
Advisors at this firm
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