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RIA / WealthRegistered adviserindependent wealth managerSEC registeredRAUM 100m 1b

RUNNING OAK CAPITAL LLC

CRD 286656

MINNEAPOLIS, MN

This is the graph view. The full profile, with its team, deals and sources, is on RIA / Wealth Management.Open the full profile →

Search this name across graphsid dfx:ria:338dbf7e-3648-c5db-69d6-3ebda732a779

Data as of Aug 12, 2026 (this record's last observation) from federal regulator filings. Page built Sep 20, 2026, 7:59 PM UTC and rebuilt at most every 15 minutes.

Relationships: 9
Dated events: 3
On other graphs: 0
Observed: Mar 1, 2017 to Aug 12, 2026
21 observations

Across DFX

This entity has not been resolved onto another DFX graph by a shared identifier. A name match elsewhere would be a candidate, never an identity, and none is recorded.

Facts

fact = as filed or announced; derived = computed by DFX; estimate = a band, never a point

Firm class: independent wealth managerderivedprivate_client_share=0.51 fund_share=0.42 institutional_share=0.01 related_bd=false related_bank=false bd_reps=0.0
Regulatory AUM: $875MItem 5.F on the latest filing (2026-08-12); as reported, and an affiliate's assets may be counted again on its own filing
Discretionary RAUM: $845M
Private client RAUM: $450MderivedItem 5.D individuals plus high net worth individuals
Private client share: 51%derivedprivate client RAUM over total RAUM
Advisors on IAPD: 5
RAUM per advisor: $175Mderivedthe firm's RAUM over its IAPD headcount: a firm average, never a person's book
Employees: 3
Advisory employees: 2
Offices: 0Schedule D 1.F, beyond the principal office
Accounts: 1,035
Individual clients: 0
High net worth clients: 1,017
SEC number: 801-110116
CIK: 1724799
CRD: 286656
Filings on the tape: 21
First filed: Mar 1, 2017
Latest filed: Aug 12, 2026
Organised: Limited Liability Company, MN
Website: runningoak.com

Advisors on IAPD

current investment adviser representatives on the IAPD individual feed, longest tenure first

Advisor	Designations	Branch	Years here	In industry	Prior firms	Dual registered
JEFFREY DAVID BRODERS	n/a	MINNEAPOLIS, MN \| Ankeny, IA	4	23	2	no
Lawrence Chan	n/a	Windermere, FL \| MINNEAPOLIS, MN	4	21	n/a	no
Yat Sing Wong	n/a	Arlington, VA \| MINNEAPOLIS, MN	3	10	n/a	no
THEODORE JOSEPH GARDNER	n/a	Scarborough, ME \| MINNEAPOLIS, MN \| LAS VEGAS, NV	1	13	n/a	no

Private funds

Schedule D 7.B(1); gross asset value as reported, never fund size; reporting ends 2024-12-31

Fund	Type	Reported GAV	As of	Owners	First reported	Status	Form D file
EFFICIENT GROWTH II MASTER FUND LTD	Hedge Fund	$5.7M	Jun 29, 2020	31	Mar 31, 2018	dropped	021-171251561

Owners and control persons

Schedule A and B as filed; ownership codes are the form's bands (NA under 5%, A 5 to 10%, B 10 to 25%, C 25 to 50%, D 50 to 75%, E over 75%); people are listed as filed and never merged by name

Owner	Title	Ownership code	Control person	Acquired	First seen	Last seen
COGSWELL, SETH, LAWRENCE	MANAGING MEMBER	E	yes	07/2012	Mar 1, 2017	Feb 13, 2024
BRODERS, JEFFREY, DAVID	CHIEF COMPLIANCE OFFICER	Na	no	09/2021	Mar 30, 2022	Feb 13, 2024

Regulatory AUM by fiscal year

annual amendments (and the roster's annual snapshot) as filed; where a year was amended twice the later filing draws the line

Fiscal year	Filed	RAUM	Discretionary	Employees	Advisory staff	Private funds	Fund GAV
2025	Mar 4, 2026	$875M	$845M	2	2	n/a	n/a
2024	Mar 17, 2025	$823M	$800M	2	2	n/a	n/a
2023	Feb 13, 2024	$534M	$523M	2	2	n/a	n/a
2022	Mar 22, 2023	$404M	$398M	2	2	n/a	n/a
2021	Mar 30, 2022	$379M	$379M	2	2	n/a	n/a
2020	Mar 8, 2021	$344M	$344M	1	1	n/a	n/a
2019	Mar 27, 2020	$296M	$296M	1	1	1	$5.7M
2018	Mar 29, 2019	$221M	$221M	2	2	1	$6.5M
2017	Mar 31, 2018	$207M	$207M	2	2	1	$5.0M

Advisor flows

derived: registrations beginning and ending at this CRD on IAPD, bulk corporate re-registrations excluded; the rate is departures over IAPD headcount

Joined, 12m	Left, 12m	Net, 12m	Departure rate, 12m	Joined, 90d	Left, 90d	Left, no destination yet	Joined, 36m	Left, 36m
0	0	0	0.0%	0	0	0	0	0

Growth

derived from consecutive annual filings; RAUM as reported

Latest fiscal year	RAUM	A year earlier	1y change	Three years earlier	3y CAGR	Employees	A year earlier	Offices	A year earlier
2025	$875M	$823M	6.3%	$404M	29.4%	3	2	0	0

Relationships

Registered with (5)

← THEODORE JOSEPH GARDNERAdvisorregistration: current employment
Jun 30, 2026 to presentfactForm ADV
← SETH LAWRENCE COGSWELLAdvisorregistration: previous registration
Mar 15, 2017 to Dec 31, 2017factForm ADV
← Yat Sing WongAdvisorregistration: current employment
Sep 29, 2022 to presentfactForm ADV
← Lawrence ChanAdvisorregistration: current employment
Jun 7, 2022 to presentfactForm ADV
← JEFFREY DAVID BRODERSAdvisorregistration: current employment
Dec 7, 2021 to presentfactForm ADV

Owns (1)

← BRODERS, JEFFREY, DAVIDOwnerCHIEF COMPLIANCE OFFICER, ownership code NA, individual
Mar 30, 2022 to Feb 13, 2024factForm ADV

Controls (1)

← COGSWELL, SETH, LAWRENCEOwnerMANAGING MEMBER, ownership code E, individual
Mar 1, 2017 to Feb 13, 2024factForm ADV

Advises (1)

→ EFFICIENT GROWTH II MASTER FUND LTDPrivate fundHedge Fund, IA, no longer reported
Mar 31, 2018 to Jun 29, 2020factForm ADV

Dated events

Occurred
Mar 17, 2025
Regulatory AUM changed
Running Oak Capital Llc reported RAUM $822.8M, up 54% from $533.7M (2024-02-13 to 2025-03-17)
Form ADVobserved 5 days ago
$289M
Occurred
Feb 13, 2024
Regulatory AUM changed
Running Oak Capital Llc reported RAUM $533.7M, up 32% from $403.9M (2023-06-07 to 2024-02-13)
Form ADVobserved 5 days ago
$130M
Occurred
Mar 1, 2017
First Form ADV filing
Running Oak Capital Llc filed its initial SEC registration (Form ADV)
Form ADVobserved 5 days ago

Provenance

Graph: RIA / Wealth Management
Canonical id: dfx:ria:338dbf7e-3648-c5db-69d6-3ebda732a779
First observed: Mar 1, 2017
Last observed: Aug 12, 2026 39 days ago
Source families: Federal regulator filings
3 registered feeds stand behind this record; each fact above carries its own dates and, where the publisher serves one, its document.
Resolution: Identity across graphs by shared identifier (CRD, CIK, EIN, ADV fund id, individual CRD) or citation; a name match is shown as a candidate and never merged.

RUNNING OAK CAPITAL LLC

CRD 286656

MINNEAPOLIS, MN

This is the graph view. The full profile, with its team, deals and sources, is on RIA / Wealth Management.Open the full profile →

Search this name across graphsid dfx:ria:338dbf7e-3648-c5db-69d6-3ebda732a779

Data as of Aug 12, 2026 (this record's last observation) from federal regulator filings. Page built Sep 20, 2026, 7:59 PM UTC and rebuilt at most every 15 minutes.

Advisor

Designations

Branch

Years here

In industry

Prior firms

Dual registered

JEFFREY DAVID BRODERS

n/a

MINNEAPOLIS, MN | Ankeny, IA

Lawrence Chan

n/a

Windermere, FL | MINNEAPOLIS, MN

n/a

Yat Sing Wong

n/a

Arlington, VA | MINNEAPOLIS, MN

n/a

THEODORE JOSEPH GARDNER

n/a

Scarborough, ME | MINNEAPOLIS, MN | LAS VEGAS, NV

n/a

Fund

Type

Reported GAV

As of

Owners

First reported

Status

Form D file

EFFICIENT GROWTH II MASTER FUND LTD

Hedge Fund

$5.7M

Jun 29, 2020

Mar 31, 2018

dropped

021-171251561

Owner

Title

Ownership code

Control person

Acquired

First seen

Last seen

COGSWELL, SETH, LAWRENCE

MANAGING MEMBER

yes

07/2012

Mar 1, 2017

Feb 13, 2024

BRODERS, JEFFREY, DAVID

CHIEF COMPLIANCE OFFICER

09/2021

Mar 30, 2022

Feb 13, 2024

Fiscal year

Filed

RAUM

Discretionary

Employees

Advisory staff

Offices

Private funds

Fund GAV

2025

Mar 4, 2026

$875M

$845M

n/a

2024

Mar 17, 2025

$823M

$800M

n/a

2023

Feb 13, 2024

$534M

$523M

n/a

2022

Mar 22, 2023

$404M

$398M

n/a

2021

Mar 30, 2022

$379M

n/a

2020

Mar 8, 2021

$344M

n/a

2019

Mar 27, 2020

$296M

$5.7M

2018

Mar 29, 2019

$221M

$6.5M

2017

Mar 31, 2018

$207M

$5.0M

Joined, 12m

Left, 12m

Net, 12m

Departure rate, 12m

Joined, 90d

Left, 90d

Left, no destination yet

Joined, 36m

Left, 36m

0.0%

Latest fiscal year

RAUM

A year earlier

1y change

Three years earlier

3y CAGR

Employees

A year earlier

Offices

A year earlier

2025

$875M

$823M

6.3%

$404M

29.4%