Louis J. Hershman

OAKTREE ADVISORS LLC

COOPERSBURG, PA 18036

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CRD#: 2714530

Professional summary

Louis Joseph Hershman JR is a registered financial advisor currently at OAKTREE ADVISORS LLC located in Coopersburg, Pennsylvania and MADISON AVENUE SECURITIES, LLC located in Coopersburg, Pennsylvania.

Louis is registered as an IAR (Investment Advisor Representative) and RR (Registered Representative) and started their career in finance in 1996. Louis has worked at 8 firms and has passed the Series 65, Series 63, SIE, Series 7 and Series 6 exams.

Question & Answer

Are you a "fiduciary"?

Yes

Aliases

None

Other business activities

Outside business activity is any business or activity undertaken by an advisor that is outside the scope of their relationship with their firm (e.g., consulting services, real estate, freelance work, teaching, etc.). Investors should stay informed about these activities to ensure no conflicts of interest.

1.) Name: Oaktree Advisors, LLC; Investment Related: Yes; Address: 6666 Passer Road Suite 4, Coopersburg, PA 18036; Nature of the Business: Investment Management; Position: Investment Advisor Representative; Start Date: 10/2013; Hours Per Week: 30 Hours 2.) Name: Oaktree Advisors, LLC; Investment Related: Yes; Address: 6666 Passer Road Suite 4, Coopersburg, PA 18036; Nature of the Business: Insurance Agent selling fixed annuities and FIA's and life insurance: Position: Licensed Insurance Agent; Start Date: 10/2023; Hours Per Week: 10 Hours Insurance License - PA - Casualty and Allied Lines, Life and Fixed Annuities, Property and Allied Lines, Variable Life / Variable Annuity

Blog Corner

CRS (Client Relationship Summary) - RIA

Click below to view Louis Joseph Hershman JR's CRS (Customer Relationship Summary).

CRS (Customer Relationship Summary)

Certified licenses

Advisors may have various certifications and credentials from different organizations. AdvisorCheck highlights these seven certifications - AIF®, CFP®, ChFC®, CFA, CLU®, CIMA®, CPWA®

None

Experience

Current

October 22, 2013 - Present

OAKTREE ADVISORS LLC

Office #1: 6666 Passer Road Suite 4, Coopersburg, PA 18036

RIA

CRD#: 168271

COOPERSBURG, PA

Current

February 20, 2025 - Present

MADISON AVENUE SECURITIES, LLC

Office #1: 6666 Passer Rd. Suite 4, Coopersburg, PA 18036

RIA

CRD#: 23224

Coopersburg, PA

Past

August 19, 2009 - December 31, 2013

PKS ADVISORY SERVICES, LLC

RIA

CRD#: 125648

BETHLEHEM, PA

Past

August 14, 2009 - February 18, 2025

PURSHE KAPLAN STERLING INVESTMENTS

CRD#: 35747

Coopersburg, PA

Past

January 2, 2009 - August 17, 2009

RAYMOND JAMES FINANCIAL SERVICES ADVISORS, INC

RIA

CRD#: 149018

SAINT PETERSBURG, FL

Past

January 5, 2006 - January 2, 2009

RAYMOND JAMES FINANCIAL SERVICES, INC.

RIA

CRD#: 6694

BETHLEHEM, PA

Past

April 16, 1998 - December 31, 2005

INTEGRATED ASSET MANAGEMENT, INC.

RIA

CRD#: 122034

BETHLEHEM, PA

Past

September 23, 1996 - August 17, 2009

RAYMOND JAMES FINANCIAL SERVICES, INC.

CRD#: 6694

BETHLEHEM, PA

Past

June 10, 1996 - September 9, 1996

PFS INVESTMENTS INC.

CRD#: 10111

DULUTH, GA

Primary Firm SEC Registration

This SEC-registered firm can serve clients nationwide. Some states may require the firm to submit a notice filing if the firm has more than 5 clients or a physical office there. You can view these state-level filings under the section titled "State Registrations and Notice Filings".

OAKTREE ADVISORS LLC

CRD#: 168271 / SEC#: 801-129908

RIA

Registered Investment Advisory firm - (4/11/2024 Approved)

Florida

Registered Investment Advisory firm - (8/29/2024 Terminated)

Pennsylvania

Registered Investment Advisory firm - (8/30/2024 Terminated)

Why is a state registration marked "Terminated"? When a firm registers with the SEC (usually after managing $100M+ AUM), it often withdraws separate state firm registrations unless required by that state. The firm can still serve clients there through its individually registered Investment Advisor Representatives (IARs).

State Registrations and Notice Filings

Listed states reflect where the advisor is authorized to serve clients under state regulations.

IAR

means the advisor is registered as an Investment Advisor Representative in this state and is authorized to provide investment advice to clients there.

indicates the advisor is registered as a Registered Representative in this state, allowing them to offer securities such as stocks, bonds, and mutual funds through a broker-dealer.

Visual representation of state registrations

Florida
(2/20/2025)

New Jersey
(2/20/2025)

North Carolina
(2/24/2025)

IAR

Pennsylvania
(10/22/2013)

Pennsylvania
(2/20/2025)

South Carolina
(2/20/2025)

Don't see your state listed? The advisor may still be able to work with you under the federal De Minimis Rule, which allows up to five investment advisory clients in a state without registration. Some states, like TX, LA, NE, and NH, may still require registration or notice filing. Contact the advisor or their firm to confirm their investment advisory availability in your state. Note: This rule does not apply to broker-dealer activity.

Exams

State Security Law Exam

IAR

Series 65

Date: 2/4/1997

Uniform Investment Adviser Law Examination

State Security Law Exam

Series 63

Date: 5/14/1996

Uniform Securities Agent State Law Examination

General Industry/Product Exam

SIE

Date: 10/1/2018

Securities Industry Essentials Examination

General Industry/Product Exam

Series 7

Date: 1/17/1997

General Securities Representative Examination

General Industry/Product Exam

Series 6

Date: 6/7/1996

Investment Company Products/Variable Contracts Representative Examination

SRO Registrations

FINRA

Current Firm

OAKTREE ADVISORS LLC

CRD#: 168271 / SEC#: 801-129908

RIA

Registered Investment Advisory firm - (4/11/2024 Approved)

Florida

Registered Investment Advisory firm - (8/29/2024 Terminated)

Pennsylvania

Registered Investment Advisory firm - (8/30/2024 Terminated)

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Contact information

Main Address

6666 Passer Road Suite 4, Coopersburg, PA 18036

Mailing Address

Phone number

(610) 882-5670

Established

Firm type

Fiscal year end

# of Employees

SEC notice filing (3 States and Territories)

Documents

Customer Relationship Summary (CRS / SEC)

Latest Form ADV

Part 2 Brochures

OA ADV PART 2A (3/28/2025)

Regulatory assets under management

Total Number of Accounts	548
AUM (Assets Under Management)	$ 179,250,901

Red Flags

Disclosures can be potential red flags, including customer disputes, regulatory fines, employer terminations, bankruptcies, judgments, liens, or certain criminal activities.

Check for any disclosures as part of your thorough research when choosing an advisor.

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Firm Stability Insights

Louis J. Hershman

Professional summary

Question & Answer

Aliases

Other business activities

Blog Corner

CRS (Client Relationship Summary) - RIA

Click below to view Louis Joseph Hershman JR's CRS (Customer Relationship Summary).

Certified licenses

Experience

MADISON AVENUE SECURITIES, LLC

PKS ADVISORY SERVICES, LLC

PURSHE KAPLAN STERLING INVESTMENTS

RAYMOND JAMES FINANCIAL SERVICES ADVISORS, INC

RAYMOND JAMES FINANCIAL SERVICES, INC.

INTEGRATED ASSET MANAGEMENT, INC.

RAYMOND JAMES FINANCIAL SERVICES, INC.

PFS INVESTMENTS INC.

Primary Firm SEC Registration

OAKTREE ADVISORS LLC

State Registrations and Notice Filings

Exams

Series 65

Date: 2/4/1997

Series 63

Date: 5/14/1996

SIE

Date: 10/1/2018

Series 7

Date: 1/17/1997

Series 6

Date: 6/7/1996

FINRA

Current Firm

OAKTREE ADVISORS LLC

Contact information

SEC notice filing (3 States and Territories)

Documents

Part 2 Brochures

Regulatory assets under management

Red Flags

Company Information

OAKTREE ADVISORS LLC

TRUST BUT VERIFY

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