Running Oak Capital LLC
Data sourced from SEC public records (and other sources when available). Refreshed weekly • Updated today.
Client AUMClient assets under management
$450,242,047
Clients
1,017
Advisors
4
across 2 offices
About
Running Oak Capital provides discretionary portfolio management primarily for high‑net‑worth individuals and a range of institutional clients, including other investment advisers, banks, pension plans, charities, corporations and insurance companies. Services described in the brochure include separately managed accounts, model delivery for unified managed account (UMA) programs, sub‑advisory arrangements for third‑party wrap programs, and serving as the investment adviser to the Running Oak Efficient Growth ETF.
The firm’s investment approach is equity‑focused and combines fundamental and quantitative analysis to construct a roughly equally weighted portfolio of about 50–75 mid‑ and large‑cap stocks under its Efficient Growth strategy. A related “Free World Efficient Growth” strategy applies additional negative screening to reduce country‑specific exposure to economies controlled by authoritarian regimes; both strategies emphasize downside volatility management and may include ADRs or other foreign‑domiciled issuers.
What is distinctive in the brochure is the firm’s scale relative to its advisory team: it reports approximately $875 million in assets under management across roughly 1,017 clients served by a small advisory staff, implying a high client‑to‑advisor ratio and elevated AUM per advisor. The firm also functions in multiple roles that are less common for peers — ETF adviser, UMA/model delivery provider, and sub‑advisor to wrap programs — and the brochure does not list standalone financial planning as a separate service offering.
Client services
Expertise
Fee options
1.00% annually is the standard annual fee for separately managed accounts; 0.58% annually for Running Oak Efficient Growth ETF
Main office
See office4415 E Lake Harriet Pkwy
Minneapolis MN 55419
Advisors at this office
3
Offices (2)
Most active in
California · Florida · Illinois · Maine · Minnesota · New Jersey · New York · Texas
Also doing business as
Free World Investment · Running Oak Capital LLC
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.
Quick links
Advisors at this firm
Jeffrey B
Series 66
Minneapolis, MN
Running Oak Capital LLC
Jeffrey Broders is a financial advisor at Running Oak Capital LLC with 23 years of industry experience. He holds a Series 66 designation and has previously worked at Principal Funds Distributor, Inc. and Principal Financial Group. Running Oak Capital provides discretionary portfolio management primarily for high-net-worth individuals and a range of institutional clients. The firm employs an equity-focused investment approach combining fundamental and quantitative analysis to manage mid- and large-cap stock portfolios, and serves in multiple roles including ETF adviser and sub-advisor to wrap programs.
Yat Sing W
Series 65
Minneapolis, MN
Running Oak Capital LLC
Yat Sing Wong is a financial advisor at Running Oak Capital LLC with four years of industry experience and holds a Series 65 designation. Prior to his current role, he has worked in various positions including contractor roles as an interpreter for Radio Free Asia and a brand ambassador for ITA Promotions. Running Oak Capital provides discretionary portfolio management primarily for high-net-worth individuals and institutional clients. The firm employs an equity-focused investment approach combining fundamental and quantitative analysis and serves as investment adviser to the Running Oak Efficient Growth ETF.
Lawrence C
Series 63, Series 66
Minneapolis, MN
Running Oak Capital LLC
Lawrence Chan is a financial advisor at Running Oak Capital LLC with 20 years of industry experience. He holds Series 63 and Series 66 credentials and previously worked at J.P. Morgan Securities for 12 years. Running Oak Capital provides discretionary portfolio management mainly for high-net-worth individuals and various institutional clients. The firm employs an equity-focused investment approach that combines fundamental and quantitative analysis to manage mid- and large-cap stock portfolios, and it serves in multiple roles including ETF advisement and sub-advisory services.
Theodore G
Series 63, Series 65
Scarborough, ME
Running Oak Capital LLC
Theodore Gardner is a financial advisor at Running Oak Capital LLC with 10 years of industry experience. He holds the Series 63 and Series 65 designations and has worked at firms including Simplify Asset Management Inc., CreativeOne Securities, LLC, GeoWealth Management, LLC, and J.P. Morgan. Running Oak Capital provides discretionary portfolio management primarily for high-net-worth individuals and various institutional clients. The firm employs an equity-focused investment approach combining fundamental and quantitative analysis to manage mid- and large-cap stock portfolios, and it serves in roles such as ETF adviser and sub-advisor to wrap programs.
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