DFX Intelligence

RIA Intelligence

Registered investment advisers, the advisors registered through them, the capital they report, the private vehicles they run and the people who own them, as a graph with a filing date behind every number. RAUM is what the adviser filed, a move is two registration dates, and a class is a rule you can read.

SEC-registered adviser

Council Oak Wealth Advisors

Independent wealth managerTulsa, OklahomaCRD 297180SEC 801-113403websiteIAPD
Legal name Cowa, LLC
Latest filing Aug 31, 2026
First filing on the tape May 9, 2018 · 28 filings
SEC status approved since Jun 8, 2018
RAUM
$529M
reported, Item 5.F
Discretionary
86%
of RAUM
Private clients
96%
$510M individuals and HNW
Advisors
5
registered through the firm on IAPD
RAUM per advisor
$106M
derived; firm RAUM over IAPD count
Employees
6
4 advisory (5.B.1)
Offices
1
beyond the principal office
Private funds
0
reported on Schedule D
History
28 filings and snapshots on the tape
RAUM$529M as of Aug 31, 2026
Feb 11, 2019$150M then
HNW client RAUM$426M as of Aug 31, 2026
Feb 11, 2019$118M then
State-registered IARs (5.B.3)4 as of Aug 31, 2026
Feb 11, 20194 then
Employees (5.A)6 as of Aug 31, 2026
Feb 11, 20195 then
Private funds: no history
RAUM +22% over the last fiscal year+16% a year over threeIARs 4 to 4
Practice profile
derived from the filing of Aug 31, 2026; every figure names its basis
Archetypes, each a printed rule
  • HNW wealth manager · private-client share of RAUM at least 50 percent and HNW share of private-client RAUM 50 to 90 percent
  • Independent boutique · a wealth manager with no broker-dealer, bank or insurance affiliate, 2 to 25 advisors, one to three offices, no public reporting company control
RAUM per advisor
$106MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
74derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$3.6MderivedHNW RAUM over HNW clients
Average account
$474,768derivedRAUM over accounts (5.F.2.f)
Discretionary
86%derivedof RAUM
Institutional
3.6%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
1.2derivedItem 5.A over advisors
Advisors per office
2.5derived2 offices incl. principal (1.F.5)
RAUM growth, one year
+22%derivedbetween the last two annual amendments
Advisor growth, one year
+0.0%derivedItem 5.B.3 between annual amendments
Client growth, one year
+17%derived
Compensation
percentage of assets, hourly, fixed feesreportedItem 5.E
Advisory activities
financial planning, portfolio management for individuals, portfolio management for businesses and institutions, otherreportedItem 5.G
Custody
$300M, 282 clientsreportedItem 9.A
Ownership
no PE, bank or public-company owner found on Schedule Aderived
Advisor book size
not public; not estimatedreported
Also answered yes on Form ADV
  • buys or sells securities as principal to or from clients (8.A.2)
  • has discretionary authority over which securities are bought or sold (8.C.1)
  • receives research or other products from a broker-dealer, soft dollars (8.E)
  • has custody of client cash or bank accounts (9.A.1.a)
  • has custody of client securities (9.A.1.b)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • High-net-worth individuals$426M81%
  • Individuals$84.0M16%
  • Charitable organizations$18.9M3.6%
Individual clients
253reported
HNW clients
117reported
Pension plan clients
n/areported
Charitable clients
8reported
Accounts
1,115reported
Financial planning clients
0reported
Wrap fee programs
noreported
Custody of client assets
$300M for 282 clientsreported
Compensation
% of AUM, fixed, hourlyreported
Class basis
private_client_share=0.96 fund_share=0.0 institutional_share=0.04 related_bd=false related_bank=false bd_reps=0.0derived
Advisors registered through the firm
5 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
James E DiaconCertified Financial Planner, Chartered Financial ConsultantTulsa, OkJun 11, 201839 y2
Nathan Joel LovelleChartered Financial AnalystTulsa, OkJun 11, 201827 y2
Daniel Don BeutelCertified Financial PlannerTulsa, OkJun 26, 201910 y0
Alexandra DayTulsa, OkSep 4, 202515 y0
John Cody BurrowsTulsa, OkApr 16, 202611 y0
Advisor movement
0 left, 0 joined in 12 months
net 0 in 12 months0 left in 90 days0 joined in 90 daysdeparture rate 0.0% of current headcount0 left over 36 months
Left, latest
none on the tape
    Joined, latest
    Teams: two or more advisors moving together within fourteen days, from one state
      Private funds
      No private fund reported.
      Owners and control persons
      Schedule A and B, latest filing
      • E James Diacon · Chief Compliance Officercontrol
        since 06/2018 · owns less than 5%
      • E James Diacon · Managing Membercontrol
        since 05/2018 · owns 75% or more of Third Bucket, LLC
      • Joel Nathan Lovelle · Managing Membercontrol
        since 05/2018 · owns 75% or more of Shelter Me, LLC
      Entity owners
      • Shelter Me, LLC · Managing Member
        direct · owns 50% to 75%
      • Third Bucket, LLC · Managing Member
        direct · owns 50% to 75%
      Related persons
      Schedule D 7.A
      No related person reported.
      Office movement
      IAPD branch city; joins and departures in 12 months
      OfficeAdvisorsJoinedLeftTeams outForming
      Tulsa, Ok · principal510
      Offices
      Schedule D 1.F, the 25 largest
      • Bartlesville, OK4 employees
      What changed
      consecutive filings, newest first
      • Accounts · 890 to 1,115
        Oct 30, 2025 to Mar 20, 2026
      • Charity clients · 11 to 8
        Oct 30, 2025 to Mar 20, 2026
      • HNW clients · 104 to 117
        Oct 30, 2025 to Mar 20, 2026
      • Individual clients · 213 to 253
        Oct 30, 2025 to Mar 20, 2026
      • Assets in custody · $218M to $300M
        Oct 30, 2025 to Mar 20, 2026
      • Discretionary RAUM · $409M to $457M
        Oct 30, 2025 to Mar 20, 2026
      • HNW RAUM · $363M to $426M
        Oct 30, 2025 to Mar 20, 2026
      • Individual RAUM · $56.4M to $84.0M
        Oct 30, 2025 to Mar 20, 2026
      • Non-discretionary RAUM · $26.5M to $72.6M
        Oct 30, 2025 to Mar 20, 2026
      • RAUM · $435M to $529M
        Oct 30, 2025 to Mar 20, 2026
      • Financial planning clients · 0 to 0
        Jun 27, 2025 to Oct 30, 2025
      • Accounts · 886 to 890
        May 3, 2024 to Mar 14, 2025
      • Advisory employees · 5 to 4
        May 3, 2024 to Mar 14, 2025
      • Charity clients · 7 to 11
        May 3, 2024 to Mar 14, 2025
      • HNW clients · 86 to 104
        May 3, 2024 to Mar 14, 2025
      • Individual clients · 196 to 213
        May 3, 2024 to Mar 14, 2025
      • Assets in custody · $188M to $218M
        May 3, 2024 to Mar 14, 2025
      • Employees · 8 to 6
        May 3, 2024 to Mar 14, 2025
      • State-registered IARs · 5 to 4
        May 3, 2024 to Mar 14, 2025
      • Discretionary RAUM · $362M to $409M
        May 3, 2024 to Mar 14, 2025
      • HNW RAUM · $307M to $363M
        May 3, 2024 to Mar 14, 2025
      • Individual RAUM · $64.2M to $56.4M
        May 3, 2024 to Mar 14, 2025
      • Non-discretionary RAUM · $29.0M to $26.5M
        May 3, 2024 to Mar 14, 2025
      • RAUM · $391M to $435M
        May 3, 2024 to Mar 14, 2025
      • Accounts · 793 to 886
        Jan 22, 2024 to Feb 23, 2024
      • Advisory employees · 4 to 5
        Jan 22, 2024 to Feb 23, 2024
      • Charity clients · 4 to 7
        Jan 22, 2024 to Feb 23, 2024
      • HNW clients · 88 to 86
        Jan 22, 2024 to Feb 23, 2024
      • Individual clients · 148 to 196
        Jan 22, 2024 to Feb 23, 2024
      • Assets in custody · $116M to $188M
        Jan 22, 2024 to Feb 23, 2024
      • Employees · 7 to 8
        Jan 22, 2024 to Feb 23, 2024
      • State-registered IARs · 4 to 5
        Jan 22, 2024 to Feb 23, 2024
      • Discretionary RAUM · $311M to $362M
        Jan 22, 2024 to Feb 23, 2024
      • HNW RAUM · $272M to $307M
        Jan 22, 2024 to Feb 23, 2024
      • Individual RAUM · $49.0M to $64.2M
        Jan 22, 2024 to Feb 23, 2024
      • Non-discretionary RAUM · $26.4M to $29.0M
        Jan 22, 2024 to Feb 23, 2024
      • RAUM · $337M to $391M
        Jan 22, 2024 to Feb 23, 2024
      • Accounts · 710 to 793
        Oct 20, 2022 to Feb 24, 2023
      • Charity clients · 1 to 4
        Oct 20, 2022 to Feb 24, 2023
      • HNW clients · 85 to 88
        Oct 20, 2022 to Feb 24, 2023
      Signals
      2 dated events
      • Lee Gary Yeck (Managing Member) no longer on Schedule A of Council Oak Wealth Advisors (listed 2020-02-25, absent 2020-04-21)
        Apr 21, 2020 · Control person left · inference
      • Council Oak Wealth Advisors filed its initial SEC registration (Form ADV)
        May 9, 2018 · First SEC registration · fact
      Across DFX
      shared identifiers only, never a name match
      No identifier-backed link to the venture, private equity, family office or sponsor graphs.
      How to reach
      public business contact points only, each with its source
      Business phone
      855-556-6880reportedpublished by the firm, firm site, Sep 16, 2026
      Business phone
      918-337-0299reportedpublished by the firm, firm site, Sep 16, 2026
      Business phone
      918-894-5835reportedpublished by the firm, firm site, Sep 16, 2026
      Firm profile
      linkedin.com/company/council-oak-wealth-advisors/aboutreportedpublic record, Form ADV, Sep 17, 2026
      Website
      counciloakadvisors.comreportedpublic record, Form ADV, Sep 17, 2026
      Principal office phone
      918-984-9110reportedpublic record, Form ADV, Aug 31, 2026
      Provenance
      Form ADV
      SEC filing data 2011 to 2024 and the monthly roster 2025 onreportedadviserinfo.sec.gov
      Advisors
      IAPD individual compilation feed, dailyreportedadviserinfo.sec.gov
      Class
      Independent wealth managerderiveda rule over Items 5.D and 7.A
      RAUM per advisor
      $106Mderivedfirm RAUM over the IAPD count; not a book size
      Loaded
      Sep 14, 2026