First Class Financial
How we got $1.3M
Based on typical figures for its industry (2022 Economic Census), not its own records.
What we know
What they do
First Class Financial offers objective and unbiased financial solutions, covering financial and life planning, investment asset management, and an array of financial planning functions for its clients.
From the company's website. Industry: Financial advisors.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| First Class Financial this business | $1.1M | — |
| John Ramsey - State Farm Insurance Agent Tulsa | $1.6M | 0.3 mi |
| RON HENDERSON INSURANCE Tulsa · 9 employees | $5.1M | 0.3 mi |
| Patrick Chicklinski - Tulsa Mortgage Group Tulsa | $1.1M | 0.4 mi |
| Edison Health Solutions Tulsa | $815K | 0.4 mi |
| Eric Steven Quinnelly - 2488 E 81st St Tulsa | $815K | 0.4 mi |
| Tiber Financial, Inc Tulsa | $1.1M | 0.4 mi |
The full calculation
Figures are shown toward the upper part of their range rather than at its middle.
Brought up to date assuming revenue has grown 8% a year since 2020, when the PPP figures were reported; included above.
| Estimated value = EBITDA × typical sale multiple | $1.3M |
| Multiple for this size and industry | 3× |
| Value range | $435K – $2.1M |
This business has no PPP loan on record, so there is no business-specific data. The figures are the typical estimated revenue of Portfolio Management and Investment Advice businesses in our Oklahoma data: the middle value, with the range covering the middle half of those businesses. EBITDA applies the industry margin (41%). Treat these as a rough guide.
| Revenue range | $441K – $1.4M |
| EBITDA range | $181K – $585K |
| Industry (NAICS) | Portfolio Management and Investment Advice (523940) |
EBITDA margin: from IRS tax returns of S corporations in this industry (2019–2022), adjusted for company size: smaller companies typically run higher margins. EBITDA here is after owners' salaries.
Benchmarks: US Economic Census 2022, OK. These are statistical estimates, not reported financials. Listing details come from Overture Maps open data. Full methodology
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About First Class Financial
First Class Financial is a financial advisors company in Tulsa, Oklahoma, in business since 2018. It is owned by Woodrow Lockett (CEO). Its estimated annual revenue is about $1.1M, with roughly $435K of EBITDA. Its estimated business value is $1.3M (likely range $435K–$2.1M).
Common questions
- Who owns First Class Financial?
- First Class Financial is owned by Woodrow Lockett (CEO), according to public sources such as the company's website or filings.
- How much revenue does First Class Financial make?
- SeeBITDA estimates First Class Financial's annual revenue at about $1.1M (likely between $441K and $1.4M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is First Class Financial worth?
- About $1.3M, roughly 3× its estimated EBITDA of $435K, typical for a financial advisors company its size. Likely range: $435K–$2.1M.
- When was First Class Financial founded?
- First Class Financial has been in business since 2018.