# White Oaks Wealth Advisors

White Oaks Wealth Advisors is a Multi Family Office based in Minneapolis, United States.

## Overview

- **Organization type:** Multi Family Office
- **Headquarters:** Minneapolis, United States
- **Region:** North America
- **Address:** 5500 Wayzata Boulevard Suite 290, Minneapolis, MN 55416, United States
- **Founded:** 1986
- **Assets under management:** 530 (Altss estimate)
- **Website:** whiteoakswealth.com
- **LinkedIn:** https://www.linkedin.com/company/whiteoakswealthadvisors

## Regulatory record

- **CRD number:** 173522
- **SEC file number:** 801-80576
- **Registration status:** Registered
- **Reports private funds:** No
- **IAPD record:** https://adviserinfo.sec.gov/firm/summary/173522

## About

White Oaks Wealth Advisors was founded in 1986 by Bob Klosterman in Minneapolis. Klosterman built the firm from an independent advisory practice that later became a collaborative multi-family office. Sharon Bloodworth now serves as CEO and sole owner. The firm deploys client capital across fund-of-funds, hedge funds, private equity, real estate, and natural resources. It maintains dedicated pooled vehicles including White Oaks Global Equity Portfolio LLC, White Oaks Global Real Estate Portfolio LLC, and White Oaks Absolute Return Portfolio LLC. Allocations remain concentrated in North America with exposure to healthcare services. White Oaks maintains six internal portfolio vehicles with combined reported values exceeding $400 million. It holds memberships in Rotary Club #9, Vistage, Forbes Finance Council, NAPFA, and CEOs Against Cancer. Sharon Bloodworth also serves on the board of Minnesota Opera.

## Sectors

- Fund of Funds
- Hedge Funds
- Private Equity
- Real Estate
- Healthcare Services

## People

- Sharon Bloodworth — CEO
- Bob Klosterman — Founder

## Questions

### Who runs investment decisions at White Oaks Wealth Advisors?

Sharon Bloodworth serves as CEO and 100% owner. Bob Klosterman founded the firm in 1986 and has since retired.

### Does White Oaks Wealth Advisors participate in fund commitments or direct deals?

The firm allocates primarily through external funds and maintains internal pooled vehicles rather than originating direct deals.

### What investment types does White Oaks Wealth Advisors use?

Confirmed allocations include fund of funds, hedge funds, private equity, real estate, and commodities.

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Last updated: 2026-06-03T20:00:00.000Z

Canonical page: https://altss.com/profile/white-oaks-wealth-advisors-inc

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