# Lee Banks

> Lee Banks is a fee-only financial advisor at Oakworth Asset Management in Mobile, Alabama. Oakworth Asset Management reports charging a percentage of assets, hourly fees and fixed fees on its Form ADV.

Page: https://find.wellspent.co/advisors/lee-banks/
Built from SEC adviser records; last checked October 30, 2026.

## Facts

- **Firm:** Oakworth Asset Management
- **Based in:** Mobile, Alabama
- **Fee model (firm's Form ADV):** Percentage of assets; Hourly; Fixed fees
- **Assets under management (firm):** $846.3M across 746 accounts
- **CRD:** 4878413 (https://adviserinfo.sec.gov/individual/summary/4878413)
- **SEC registration:** Investment adviser representative in AL
- **Exams passed:** Series 65 (2025)
- **Firm size:** 20 employees
- **Disclosures:** None reported
- **Website:** https://oakworth.com/oakworth-asset-management/advisory-services/

## Frequently asked questions

### Is Lee Banks a fee-only financial advisor?

Yes, according to SEC records as of October 29, 2026: Lee holds no broker registration, and Oakworth Asset Management reports no commissions, no broker-dealer, and no insurance sales or affiliated insurance agency on its Form ADV.

### How does Lee charge for financial advice?

Lee's firm, Oakworth Asset Management, reports charging a percentage of assets, hourly fees and fixed fees on its SEC Form ADV.

### Where is Lee Banks based?

Lee Banks is based in Mobile, Alabama.

### Is Lee Banks registered with the SEC?

Yes. Lee Banks is registered as an investment adviser representative in AL (CRD 4878413), per SEC Investment Adviser Public Disclosure data as of October 29, 2026.

### How much does Oakworth Asset Management manage?

Oakworth Asset Management reports $846.3M across 746 accounts in assets under management.

### How do I contact Lee Banks?

Through Lee's website, oakworth.com/oakworth-asset-management/advisory-services.

## Sources

- SEC adviser records (https://adviserinfo.sec.gov/individual/summary/4878413): the firm's Form ADV reports no commissions, no broker-dealer, and no insurance sales or affiliated insurance agency, and the advisor holds no broker registration
- SEC Investment Adviser Public Disclosure and Form ADV: registration, exams, and firm facts, data as of October 29, 2026

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Source: Wellspent, the public graph of fee-only advisors (https://find.wellspent.co). No paid placement.