Oak Street Advisors
Owner and Founder
Fee-Only financial planner located in Myrtle Beach, SC, serving clients locally and across the country
Joe Taylor is a fee-only financial advisor at Oak Street Advisors, located in Myrtle Beach, SC.
I began my career in financial services in 1989, working for the biggest name on Wall Street. I have no complaints about this former employer- their training was excellent. I learned about a wide variety of financial products because I was expected to sell a wide variety of financial products. This was in the days before there was an internet, and the proprietary technology of the Wall Street behemoths was unparalleled. In 1999 a competitor offered me a fairly large sum of money to walk across the street. I took the check and settled in with another big Wall Street firm.
Then came the dot-com boom. Money was printed every week as IPO after IPO hit the market. Life was good…until it all fell apart. Bloodied by the fall of the markets, my employer decided it was time to shutter operations in smaller markets like Myrtle Beach. Once again, the wire-houses came calling with their checkbooks open.
But this time things were different. The internet had been born and with it came discount brokers, access to more research options, financial planning platforms, and a whole new option.
With 16 years of experience, I had seen firsthand the shortcomings of the Wall Street model. Sales contests, product pushing, research that revolved around getting a company’s investment banking business. I knew clients did not come to me to find the products my firm sold, they came looking for advice and now I had a chance, and the tools, I needed to provide the advice they were searching for.
I had learned about a business model that put me on the same side of the table as my clients. I had heard about a group of advisors who only charged fees for their services rather than receiving a commission for making a sale. And so, I said no to more of the same. Rather than accept another check to move myself and my clients into the arms of another big Wall Street firm, I took a leap of faith and opened Oak Street Advisors as a fee only, independent, registered investment advisory firm.
I was fortunate to have some of the best clients in the world. They believed in me and they bought into my dream. It wasn’t easy and it was very scary, but together we made it work.
Over the years I have been lucky to meet others who understood the value of advice and knew they wanted a relationship with an advisor who would put their interest first and foremost. They knew they needed advice and counsel, not a product or the stock of the week.
My business grew and in 2016 I was thrilled to be able to hire my son, Bryan, to work with me. We have opened a small satellite office in Mt. Pleasant where we bring our passion for fairness and diligent to those in the Charleston, SC market.
Bryan had always had an interest in joining the family business, but fresh out of college I told him no. I wanted him to experience the struggles every young adult must face to learn some hard lessons and make some mistakes. I wanted him to know just how hard it was to save a dollar, so he would appreciate the hard work and sacrifice our clients must make to build the nest eggs they entrust to us to manage and grow. I also wanted Bryan to experience life as an employee of someone other than dad. If he didn’t have some point of reference, I would always be the bad guy.
In my free time I enjoy playing golf, bike riding, and traveling. I have a daughter, Madison, who lives in Denver, CO who always gives me an excuse to travel West, and another son, Bradley who resides in Myrtle Beach. My wife, Patricia, is my travel partner and we have been happily married for 41 years.
Joe Taylor is a Member of the National Association of Personal Financial Advisors
The National Association of Personal Financial Advisors (NAPFA) is a leading professional association of Fee-Only financial advisors - highly trained professionals who are committed to working in the best interests of those they serve.
NAPFA members live by three important values:
- To be the beacon for independent, objective financial advice for individuals and families.
- To be the champion of financial services delivered in the public interest.
- To be the standard bearer for the emerging profession of financial planning.
Oak Street Advisors is a fee only financial planning and investment advisory firm. We work with both individuals and small businesses.
The reason Oak Street Advisors chose to be a fee only financial advisory firm is simple. We believe our clients are looking for solutions to their financial problems not financial products. By opting to work on a fee only basis Oak Street Advisors can eliminate many of the conflicts of interest inherent in the business models of many who hold themselves out as providing financial advise. Oak Street Advisors is a member of the National Association of Personal Financial Advisors (NAPFA), an organization that champions the cause of fee only investment advise and comprehensive financial planning.
As an independent Registered Investment Advisory firm, Oak Street Advisors is free to survey the universe of investment options to find the solutions we believe best meet the needs of our clients. We are not tied to the product offerings of a handful of insurance companies or the proprietary products offered by the big national brokerage firms. Our aim is to find best of breed options for our clients.
As a Registered Investment Advisory firm, Oak Street Advisors is bound to accept a fiduciary standard of care for all our clients. The fiduciary standard is the highest level of care, requiring us to always put the needs of our clients first. Our clients know that Oak Street Advisors will always make recommendations based on what we believe to be in their best interest. We aim to fully disclose any conflicts of interest and take steps to mitigate any that arise.
Best of all, Oak Street Advisors always treats our clients like family. We know our clients by name, not by an account number. To provide truly valuable financial planning, we know about you, your family, your dreams, and your fears as well as your bank balance.
Fee-Only, Fiduciary, Independent: Three Important Criteria to Consider When Choosing a Financial Advisor.
- Comprehensive Financial Planning
- Retirement Income Planning
- Tax Planning
- Investment Management
- Retirees and Near Retirees
- Growing Families
- Business Owners and Executives
- In-Office Meetings
- Virtual Meetings
- Clearly Defined Fees
- No Product Sales
- Complimentary Initial Consultation
Professional Designations & Affiliations
Joe Taylor is a NAPFA-Registered Financial Advisor
The National Association of Personal Financial Advisors (NAPFA) is a leading professional association of Fee-Only financial advisors—highly trained professionals who are committed to working in the best interests of those they serve.
Contact Joe Taylor
1335 44th Ave N
Myrtle Beach, SC 29577
222 W. Coleman Blvd.
Mount Pleasant, SC 29464