The Oak Story
Jim Oelschlager founded Oak Associates, ltd. in 1985 after serving 15 years as Director of Pension Investments and Assistant Treasurer at The Firestone Tire & Rubber Company.
When Jim joined Firestone, the pension plan had assets of $250 million and was underfunded by another $250 million. By 1984, under Jim's leadership, the pension fund was valued at $1.2 billion, with $330 million in surplus assets. Firestone then decided to terminate the plan and recapture the excess assets, which led to Jim founding Oak Associates, ltd. and managing the assets of Firestone as its first client.
The firm adheres to the same investment principles on which it was founded over 35 years ago: long term, low turnover, concentrated and fully invested portfolio management.