RFG Advisory announced that Black Oak Asset Management, an independent advisory firm based in Alpharetta, Georgia, with more than $200 million in client assets, has joined its platform. RFG, a Birmingham, Alabama-based hybrid RIA platform with about $6.1 billion in assets under management, said the affiliation supports its strategy of partnering with independent advisory firms seeking operational scale while maintaining independence.
Black Oak Asset Management is led by founder, president, and financial advisor Ryan Ledden and serves clients across the Southeastern United States. The partnership enables the firm to access RFG’s integrated technology, operational infrastructure, and institutional investment capabilities while continuing to operate as an independent advisory business.
RFG said the affiliation reflects a shared focus on planning-led wealth management and long-term client relationships. Through the partnership, Black Oak aims to enhance operational scale and execution while maintaining its existing client service model and team structure.
Black Oak joins RFG with a five-advisor team, including Ledden, Nick Morgan, Autumn Mower, Damon Gibbs, and Rick Howard, supported by project manager and advisor support Andrea Roche and client service associate Chloe Miller.
The addition advances RFG’s strategy of partnering with independent advisory firms seeking to streamline operations, expand capabilities, and build long-term enterprise value while delivering differentiated client experiences.
KEY QUOTES
“Firms like Black Oak are why RFG exists—for Advisors who refuse to compromise on ownership, growth, or the future they’re building. Ryan and his team have built a deeply client-focused business grounded in planning, education and long-term relationships. RFG provides the infrastructure, resources, and support that allow firms like Black Oak to scale deliberately while preserving what makes their business unique.”
Shannon Spotswood, CEO of RFG Advisory
“From the beginning, our priority was finding a partner that could elevate how we deliver for clients without changing who we are. RFG provides the scale, execution and strategic support we need to continue growing while staying true to our values and maintaining the independence that matters to both our team and our clients.”
Ryan Ledden, Founder, President and Financial Advisor at Black Oak Asset Management
“We are excited to welcome Black Oak to the RFG community. Their commitment to culture and exceptional client service aligns closely with RFG’s mission to equip Advisors with the resources, integrated technology, and strategic partnership needed to build enduring businesses and serve clients at the highest level.”
Ed Swenson, President of RFG Advisory
