David Kallman Paton

The Oak Ridge Financial Services Group, INC

38 Years of Experience

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Firm Information

The Oak Ridge Financial Services Group, INC

Compensation

Fee-Only (AUM)Fixed/Hourly

Number of Advisors

31 advisors

Number of Clients

1,501 clients

Average Client Portfolio

$304K average

Assets Under Management

$456.4M

Fee Structure

Minimum Investment:None

Financial Plan Fee:$500 - $3,000

Hourly Rate:$150 - $350/hr

Oak Ridge charges advisory fees that vary from 0.25% to 2.25% on managed assets, not to exceed a cumulative fee of 2.50%. Fees can be charged monthly or quarterly in advance or in arrears. Financial planning is offered on both a fixed fee and an hourly fee basis. Fixed fees range from $500 to $3,000. Hourly fees range from $150 to $350.

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Areas of Practice

Investment ManagementFinancial Planning & Coaching

Advisor Information

Office location

539 Bielenberg Dr - Suite 100, Woodbury, MN, 55125

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Regulatory History (4)

What are disclosures? Advisors must report customer complaints, regulatory actions, and certain legal or financial events to the SEC. Not all disclosures are serious—many are settled disputes or minor violations. Learn how to evaluate them.

Customer Dispute

June 2020

Denied

Employment Separation After Allegations

January 2019

Customer Dispute

December 2017

Settled

Customer Dispute

September 1996

Settled

View Full SEC Report How to Read Disclosures

Other Business Activities

David serves as treasurer for two non-profit organizations: Neighbors Inc. since 2020 (a few hours per week) and Black Oak Lake Preservation since 2023 (minimal time). These roles involve reviewing finances, collecting fees, and working with other board members, and are not investment-related.