Oak Bay Financial, LLC

Oak Bay Financial is a small, recently formed registered investment adviser that offers investment management, pension consulting, and financial planning to entities including pension and profit‑sharing plans, corporations, and individual clients. While the firm’s category indicates a focus on pooled or institutional assets, its brochure also describes services tailored to plan sponsors and participant education; the firm currently reports no assets under management and operates with one advisory professional.

The firm emphasizes asset allocation and primarily practices passive investment management using index mutual funds and ETFs with periodic rebalancing, while also drawing on fundamental, technical, cyclical, and charting analyses when constructing portfolios. For retirement plan clients it offers plan‑level advice, investment option review, performance monitoring and participant education, and for planning clients it provides tiered services that include hourly, fixed‑fee, and ongoing coaching engagements.

Noteworthy aspects relative to peers include an explicit pension consulting practice (a relatively uncommon service for firms in this category), an affiliation with an insurance entity whose principals are licensed to sell insurance and may receive separate commission compensation, and the availability of hourly financial planning arrangements. The brochure also discloses use of third‑party planning software for deeper analytics and the firm’s newness and lack of historical AUM, factors that institutional or pooled‑vehicle clients may weigh when assessing operational track record and potential conflicts.