Council Oak Wealth Advisors
- JAMES E. DIACON, CFP®, ChFC®Managing Member/Wealth Advisor · Company website
- Nathan J. Lovelle, Cfa®Director of Portfolio Management/Wealth Advisor · Company website
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
Council Oak Wealth Advisors is an advisory practice offering wealth management and portfolio management to clients, including entrepreneurs, retirees, and aspiring investors.
From the company's website. Industry: Finance and insurance.
Customers & suppliers
Suppliers & brands
- Raymond James Financial Services, Inc · brand it sells or installs
- Charles Schwab & Co., Inc · brand it sells or installs
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| Council Oak Wealth Advisors this business | $1.1M | — |
| Silo Mortgage Tulsa | $1.1M | 0.0 mi |
| Mike Purzner - Financial Advisor, Ameriprise Financial Services, Llc Tulsa | $1.1M | 0.0 mi |
| COWA, LLC Tulsa · 5 employees | $2.6M | 0.0 mi |
| FIRST STATE INVESTMENT ADVISORS INC. Tulsa · 3 employees | $1.7M | 0.0 mi |
| Mid Continent Title Tulsa | $966K | 0.0 mi |
| Edward Jones Tulsa | $1.1M | 0.0 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 Finance and insurance 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) | Finance and insurance (52) |
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
History & advisors
“After working at large brokerage firms for over 50 combined years, our Founders built Council Oak Wealth with the focus of being the very best in these areas.”
From the company's own website and public filings (DOL Form 5500, IRS Form 990, SBA). Roles are as stated there and may be out of date.
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Council Oak Wealth Advisors
Council Oak Wealth Advisors is a finance and insurance company in Tulsa, Oklahoma, in business since 2018. It is owned by JAMES E. DIACON (Managing Member). 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 Council Oak Wealth Advisors?
- Council Oak Wealth Advisors is owned by JAMES E. DIACON (Managing Member), according to public sources such as the company's website or filings.
- How much revenue does Council Oak Wealth Advisors make?
- SeeBITDA estimates Council Oak Wealth Advisors'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 Council Oak Wealth Advisors worth?
- About $1.3M, roughly 3× its estimated EBITDA of $435K, typical for a finance and insurance company its size. Likely range: $435K–$2.1M.
- When was Council Oak Wealth Advisors founded?
- Council Oak Wealth Advisors has been in business since 2018.