Douglas A. Oosterhart
LIFEPOINT PLANNING
SCHAUMBURG, IL 60173
Some features on this profile are disabled
CRD#: 6194360
Professional summary
Douglas Allen Oosterhart, CFP®, who also goes by Doug Oosterhart, is a registered financial advisor currently at LIFEPOINT PLANNING located in Schaumburg, Illinois.
Douglas is registered as an IAR (Investment Advisor Representative) and started their career in finance in 2014. Douglas has worked at 2 firms and has passed the Series 66, SIE and Series 7 exams.
Biography
Doug Oosterhart is the Founder of LifePoint Planning, a firm that serves clients across the United States. Mr. Oosterhart is a graduate of Michigan State University where he earned his Bachelor of Arts in Finance. He earned his CFP® designation at the age of 25, becoming one of only about 5% of CFP® practitioners under the age of 30 at the time. He started in the industry at age 20, and after a number of years with a large insurance carrier, he decided to start his fee-only financial planning firm. Doug believes in planning first - meaning that a solid plan comes before any type of investment strategy. He believes that the investment portfolio is only the funding medium FOR the plan.
Doug's core philosophies are:
Control the controllables.
Simplicity is the ultimate sophistication.
Life happiness and fulfillment is a primary goal of financial planning.
Speak bluntly and truthfully, coaching clients with what they *need* to hear vs. what they *want* to hear. Otherwise, why should they hire you?
Question & Answer
What are your service offerings?
Tax Planning
Comprehensive Financial Planni...
Retirement Planning
Estate Planning
Retirement Income Management
Investment Planning
Do you have an area of expertise or specialization?
Financial Psychology/Coaching
Fixed Fee (Subscription, Retai...
Generation X
High Net Worth Client Needs
Investment Advice with Ongoing...
Retirement Planning & Distribu...
What is your minimum asset requirement?
500K
Are you a "fiduciary"?
Yes
Aliases
Doug Oosterhart
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.
Douglas Oosterhart is also a licensed insurance professional. Implementations of insurance recommendations are separate and apart from Mr. Oosterhart's role with LifePoint Planning. As an insurance professional, Mr. Oosterhart will receive customary commissions and other related revenues from the various insurance companies whose products are sold. Mr. Oosterhart is not required to offer the products of any particular insurance company. Commissions generated by insurance sales do not offset regular advisory fees. This practice presents a conflict of interest in recommending certain products of the insurance companies. Clients are under no obligation to implement any recommendations made by Mr. Oosterhart or the Advisor.
CRS (Client Relationship Summary) - RIA
Click below to view Douglas Allen Oosterhart'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®
Start date: 2018
Experience
Current
May 7, 2018 - Present
LIFEPOINT PLANNING
Office #1: 1821 Walden Office Square Suite 400, Schaumburg, IL 60173RIA
CRD#: 296911
SCHAUMBURG, IL
Past
April 8, 2014 - April 19, 2018
NORTHWESTERN MUTUAL INVESTMENT SERVICES, LLC
RIA
CRD#: 2881
EAST LANSING, MI
Past
January 15, 2014 - April 19, 2018
NORTHWESTERN MUTUAL INVESTMENT SERVICES, LLC
BD
CRD#: 2881
EAST LANSING, MI
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".
LIFEPOINT PLANNING
LIFEPOINT PLANNING | LIFEPOINT PLANNING, PLLC
CRD#: 296911 / SEC#: 801-131948
RIA
Registered Investment Advisory firm - (2/7/2025 Approved)Florida
Registered Investment Advisory firm - (9/5/2024 Approved)Illinois
Registered Investment Advisory firm - (2/7/2025 Terminated)Louisiana
Registered Investment Advisory firm - (5/2/2022 Approved)Michigan
Registered Investment Advisory firm - (5/7/2018 Approved)Texas
Registered Investment Advisory firm - (7/6/2018 Conditional Restricted)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
Florida(9/5/2024)
IAR
Illinois(8/12/2020)
IAR
Louisiana(5/2/2022)
IAR
Michigan(5/7/2018)
IAR
Texas(7/9/2018)
Exams
State Security Law Exam
General Industry/Product Exam
General Industry/Product Exam
Current Firm
LIFEPOINT PLANNING
LIFEPOINT PLANNING | LIFEPOINT PLANNING, PLLC
CRD#: 296911 / SEC#: 801-131948
RIA
Registered Investment Advisory firm - (2/7/2025 Approved)Florida
Registered Investment Advisory firm - (9/5/2024 Approved)Illinois
Registered Investment Advisory firm - (2/7/2025 Terminated)Louisiana
Registered Investment Advisory firm - (5/2/2022 Approved)Michigan
Registered Investment Advisory firm - (5/7/2018 Approved)Texas
Registered Investment Advisory firm - (7/6/2018 Conditional Restricted)Upgrade to AdvisorCheck Premium
Get A Biweekly Pulse, AutomaticallyReceive biweekly alerts automatically. Stay informed and proactive.
Catch Firm-Level Red Flags SoonerCatch leadership changes and disclosures early, before issues escalate.
See Trends. Not Just SnapshotsMonitor firm stability metrics like AUM and advisor ratios over time.
Contact information
Main Address
1821 Walden Office Square Suite 400, Schaumburg, IL 60173
Mailing Address
Phone number
(844) 505-3618
Established
Firm type
Fiscal year end
# of Employees
3
SEC notice filing (8 States and Territories)
Documents
Regulatory assets under management
| Total Number of Accounts | 357 |
| AUM (Assets Under Management) | $ 118,882,866 |
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.
Company Information
LIFEPOINT PLANNING
CRD#: 296911Schaumburg, IL 60173TRUST BUT VERIFY
Monitor Douglas Oosterhart
Get automatic monthly alerts on:Job or Firm Moves
Licensing Changes
Client Complaints
New Red Flags
Contact Information Updates
