OARSMAN CAPITAL, INC

CRD 109993File 801-60988

APPROVED

Retail clients

Custody

Filing as of May 22, 2026

Feed vintage Aug 17, 2026

Regulatory AUM

$1.17B

Above cohort median (national)

Discretionary AUM

$1.11B

Non-discretionary $53.0M

Clients

676

2,256 accounts

Employees

Top 25% of cohort in WI

Identity & registration

ADV Item 1

Organization form: Corporation
Firm type: Registered
SEC region: CHRO
Registration date: Mar 15, 2002
Principal office: 790 NORTH WATER STREET, SUITE 1850, MILWAUKEE, WI, 53202
Phone: 414-221-0081
Website: https://www.linkedin.com/company/lrc-aviation/

Assets & accounts

ADV Item 5F

Total regulatory AUM: $1.17B
Discretionary AUM: $1.11B
Non-discretionary AUM: $53.0M
Discretionary accounts: 1,925
Non-discretionary accounts: 331
Total accounts: 2,256
AUM per client: $1.7M

Clients by type

ADV Item 5D

Client type	Clients	AUM
Other	Fewer than 5	$451K
Charitable organizations	6	$5.1M
High net worth individuals	356	$1.04B
Pension and profit sharing plans	Fewer than 5	$716K
Individuals (other than high net worth individuals)	314	$120.6M

Compensation & activities

ADV Items 5E, 5G

Compensation

A percentage of assets under your management

Advisory activities

Financial planning services
Selection of other advisers
Portfolio management for businesses
Portfolio management for individuals and/or small businesses

Custody

ADV Item 9

Firm Custody Cash: Yes
Firm Custody Assets: No
Firm Custody Clients: No
Firm Custody Securities: Yes
Related Person Custody Cash: No
Related Person Custody Assets: No
Related Person Custody Clients: No
Related Person Custody Securities: No

Disclosure events

ADV Item 11

This firm answered no to every Item 11 disclosure question in this filing.

Filed changes

Date	Field	From	To
Aug 12, 2026	Registration	—	APPROVED

Every value above is reproduced from this firm's Form ADV filing. Fields the firm left blank are shown as “Not reported” rather than filled in from other sources.