AdvisorRanked
85
Clean

SKYOAK WEALTH

28411 NORTHWESTERN HWY, SOUTHFIELD, MI 48034
Fiduciaryfee-onlySEC Registered
248-348-6500 http://skyoakwealth.com CRD #299564
$693M
Assets Managed
4
Clients
7
Employees
7
Years Active
since 2019

Compensation Model

% of Assets (AUM)
Hourly Fees
Fixed / Flat Fees
Commissions
Performance Fees

Compensation type disclosed on SEC Form ADV Item 5C. Filed 46087. Specific fee percentages are available in this firm's Form ADV Part 2A brochure at adviserinfo.sec.gov.

Conflict of Interest Analysis

Broker-Dealer Affiliated: No

No broker-dealer affiliation. Lower risk of commission-driven advice.

Insurance Licensed: No

Not insurance licensed. Cannot sell you annuity or insurance products directly.

Custody of Client Assets: Yes

This firm has direct custody of client assets, rather than using an independent custodian. This is a higher-risk arrangement that requires additional regulatory safeguards.

Proprietary Products: No

Uses only third-party investment products. No proprietary product conflicts.

Regulatory & Disciplinary History

regulatory46087

1 regulatory action(s) disclosed on Form ADV Item 11.

Resolved

Total complaints on record: 0

Complaint ratio: 0.00 per 100 clients

Industry average is approximately 0.15 complaints per 100 clients. A ratio above 0.30 is considered elevated.

Firm Details

Legal NameSKYOAK WEALTH
CRD Number#299564
SEC RegisteredYes
Registration Date2019-01-16
States RegisteredMI
Assets Under Management$693M
Number of Clients4
Employees7
Compensation Typefee-only
Last ADV Filing46087

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Frequently Asked Questions

Is SKYOAK WEALTH a fiduciary?

Yes. SKYOAK WEALTH is a registered investment adviser (RIA) with the SEC, which means they are legally required to act as a fiduciary — putting your interests ahead of their own.

How does SKYOAK WEALTH charge clients?

SKYOAK WEALTH uses a fee-only compensation model. Full fee details are in their Form ADV Part 2A brochure at adviserinfo.sec.gov.

Does SKYOAK WEALTH have any complaints?

No. SKYOAK WEALTH has zero complaints or disciplinary actions on file with the SEC or FINRA across 7 years of operation.

How does SKYOAK WEALTH compare to other advisors in SOUTHFIELD?

SKYOAK WEALTH has a Red Flag Score of 85/100. There are 13 registered advisory firms in SOUTHFIELD. Use our city page to compare firms side by side.

Where does this data come from?

All information is sourced from SEC Form ADV public filings (mandatory regulatory disclosures) and FINRA BrokerCheck records. Last updated: 2026-06-24. We do not accept payment from financial advisors.

Data source: SEC Form ADV (Parts 1 and 2A) filed with the Investment Adviser Registration Depository (IARD). Filing date: 46087. Last data refresh: 2026-06-24. AdvisorRanked does not verify the accuracy of SEC filings. This is not financial advice.