David Y. Chong

OAKTREE WEALTH GROUP

Brea, CA 92821

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CRD#: 5254063

Professional summary

David Yoon Chong, CFP® is a registered financial advisor currently at OAKTREE WEALTH GROUP INC. located in Brea, California.

David is registered as an IAR (Investment Advisor Representative) and started their career in finance in 2006. David has worked at 5 firms and has passed the Series 66, Series 7 and Series 24 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.

I am the owner and president of Oaktree Wealth Group Inc, which is a financial advisory firm. In my role, I oversee the operations of the firm and provide investment advisory services to clients. I am an investment adviser representative with Schomer Wealth Advisors, LLC. I am a licensed insurance agent. 1) Schomer Wealth Advisors, LLC - Investment Advisor Representative - 222 N. Sepulveda Blvd. Suite 130 El Segundo, CA 90245 - Investment Related - Offering financial planning and investment guidance to clients of Schomer Wealth Advisors, LLC. Duties include gathering data, providing recommendations and performing ongoing reviews and servicing to clients. - Started 12/2018 - 10hrs per month

Blog Corner

CRS (Client Relationship Summary) - RIA

Click below to view David Yoon Chong's 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®

CFP^®

Certified Financial Planner

Start date: 2009

Experience

Current

June 24, 2013 - Present

OAKTREE WEALTH GROUP INC.

Office #1: 135 S. State College Blvd Ste 200, Brea, CA 92821

RIA

CRD#: 167388

Brea, CA

Past

February 22, 2017 - June 24, 2022

SCHOMER WEALTH ADVISORS, LLC

RIA

CRD#: 283372

EL SEGUNDO, CA

Past

September 26, 2008 - April 26, 2013

PARK AVENUE SECURITIES LLC

RIA

CRD#: 46173

NEWPORT BEACH, CA

Past

September 22, 2008 - April 26, 2013

PARK AVENUE SECURITIES LLC

CRD#: 46173

NEWPORT BEACH, CA

Past

March 28, 2007 - August 6, 2008

CROWN WEALTH MANAGEMENT, INC.

RIA

CRD#: 112325

HUNTINGTON BEACH, CA

Past

December 8, 2006 - August 7, 2008

SECURITIES AMERICA, INC.

CRD#: 10205

HUNTINGTON BEACH, CA

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.

Highlighted states indicate IAR registrations

IAR

California
(6/24/2013)

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.

Exams

State Security Law Exam

IAR

Series 66

Date: 12/20/2006

Uniform Combined State Law Examination

General Industry/Product Exam

Series 7

Date: 12/7/2006

General Securities Representative Examination

Principal/Supervisory Exam

Series 24

Date: 12/13/2006

General Securities Principal Examination

Current Firm

OAKTREE WEALTH GROUP INC.

CHONG, DAVID Y. | OAKTREE WEALTH GROUP, INC. | OAKTREE WEALTH GROUP INC. | DAVID Y. CHONG, CFP

CRD#: 167388 / SEC#:

California

Registered Investment Advisory firm - (6/24/2013 Approved)

Illinois

Registered Investment Advisory firm - (12/31/2019 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).

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Contact information

Main Address

135 S. State College Blvd Ste 200, Brea, CA 92821

Mailing Address

Phone number

(949) 514-8588

Established

Firm type

Fiscal year end

# of Employees

Documents

Latest Form ADV

Regulatory assets under management

Total Number of Accounts	23
AUM (Assets Under Management)	$ 9,977,887

Red Flags

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

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David Y. Chong

Professional summary

Question & Answer

Aliases

Other business activities

Blog Corner

CRS (Client Relationship Summary) - RIA

Click below to view David Yoon Chong's CRS (Customer Relationship Summary).

Certified licenses

Experience

OAKTREE WEALTH GROUP INC.

SCHOMER WEALTH ADVISORS, LLC

PARK AVENUE SECURITIES LLC

PARK AVENUE SECURITIES LLC

CROWN WEALTH MANAGEMENT, INC.

SECURITIES AMERICA, INC.

State Registrations and Notice Filings

Exams

Series 66

Date: 12/20/2006

Series 7

Date: 12/7/2006

Series 24

Date: 12/13/2006

Current Firm

OAKTREE WEALTH GROUP INC.

Contact information

Documents

Regulatory assets under management

Red Flags

Company Information

OAKTREE WEALTH GROUP INC.

TRUST BUT VERIFY

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