Advisory Resource Group

Advisory Resource Group is an independent registered investment advisory firm headquartered in Tulsa, Oklahoma. The firm files with the U.S. Securities and Exchange Commission under CIK #0001764968 and has maintained an active 13F filing record since the late 2010s, providing a meaningful and growing dataset of public market allocations that reveals its investment approach and portfolio construction methodology. Advisory Resource Group operates as a comprehensive wealth management and financial planning practice, serving individuals, families, and business owners across Oklahoma and the broader region with an integrated suite of investment management, retirement planning, and financial advisory services. The firm is led by Cory Bittner, who serves as President and Chief Executive Officer, overseeing the strategic direction, client service model, and business operations of the practice. Jason Lacks serves as Chief Investment Officer, directing the firm's investment process, portfolio construction, and asset allocation decisions. This dual-leadership structure separates the strategic management of the business from the investment management function — a governance best practice that allows each leader to focus on their respective area of expertise while maintaining close coordination on client-facing outcomes. Tulsa's position as a significant economic center in the southern Midwest — anchored by energy, aerospace, healthcare, and a growing technology ecosystem — provides Advisory Resource Group with a diverse client base that includes corporate executives, business owners, retirees, and multi-generational families. The firm's deep roots in the Tulsa community suggest long-standing client relationships built on trust, accessibility, and a thorough understanding of the financial planning needs particular to Oklahoma's economic landscape, where concentrated wealth tied to energy and natural resources often requires specialized diversification and risk management approaches. — INDEPENDENT ADVISORY MODEL Advisory Resource Group's positioning as an independent RIA reflects a deliberate organizational choice that prioritizes client alignment and fiduciary responsibility. Unlike broker-dealer-affiliated advisors who may face conflicts inherent in commission-based product distribution, an independent RIA operates under a fiduciary standard that requires all investment recommendations to be made in the client's best interest. This structural independence enables Advisory Resource Group to select investment vehicles, asset allocation frameworks, and portfolio construction approaches purely on their merits rather than on the basis of proprietary product placement or distribution incentives. For a client base in the Tulsa region, where trust and personal relationships are paramount to advisory engagement, this fiduciary positioning represents a foundational element of the firm's value proposition.

Advisory Resource Group employs a diversified, multi-asset investment strategy that utilizes a combination of exchange-traded funds (ETFs), mutual funds, and individual securities to construct portfolios calibrated to client-specific objectives, risk tolerances, and time horizons. The firm's 13F Portfolio Composition reveals a portfolio architecture that emphasizes broad diversification through efficient market instruments, reflecting an investment philosophy that prioritizes asset allocation as the primary driver of long-term investment outcomes rather than concentrated stock selection or aggressive sector bets. The investment style is best characterized as a blend approach, incorporating elements of both growth and value exposure across the market capitalization spectrum. Under the direction of CIO Jason Lacks, the firm's investment process appears to follow an asset allocation framework where strategic positioning across equities, fixed income, and potentially alternative asset classes is determined by the firm's macroeconomic outlook, valuation assessment, and client risk parameters. Within the equity allocation, the firm maintains diversified sector exposure rather than concentrating in any single industry, ensuring that portfolio outcomes are driven by broad market participation rather than idiosyncratic sector bets. The Sector Allocation History across successive 13F filings reveals a portfolio that maintains structural balance across major equity sectors while making measured tactical adjustments based on changing market conditions and relative value assessments. This steady, disciplined allocation approach is characteristic of a wealth management practice where client portfolios must be navigable through all market environments — including the periods of acute volatility and uncertainty that can prompt emotional decision-making among less methodically managed accounts. Advisory Resource Group's use of ETFs as core portfolio building blocks reflects a modern investment management philosophy that recognizes the cost efficiency, tax efficiency, liquidity, and transparency advantages of exchange-traded instruments. By combining broad market ETFs for core beta exposure with selective individual security positions or specialized ETFs for targeted thematic or sector exposure, the firm implements a core-satellite portfolio construction model that captures market returns efficiently while preserving the flexibility to express tactical investment views where the investment team identifies opportunity. Portfolio turnover at Advisory Resource Group is characteristically low to moderate, consistent with a strategic asset allocation framework that emphasizes long-term positioning over frequent trading activity. Rebalancing occurs on a disciplined schedule or in response to significant market dislocations that create meaningful deviations from target allocations, rather than as a reaction to short-term price movements. This measured trading cadence generates favorable outcomes for clients through reduced transaction costs, improved tax efficiency, and the behavioral benefits of a stable, predictable investment process that does not require constant intervention. INVESTMENT STRATEGY — GOALS-BASED FRAMEWORK A distinguishing characteristic of Advisory Resource Group's investment approach is its integration with the firm's broader financial planning practice. Rather than managing investments in isolation, the firm's portfolio construction is embedded within a comprehensive planning framework that considers each client's total financial picture — including retirement income needs, tax planning considerations, estate planning objectives, and risk capacity as distinct from risk tolerance. This goals-based approach means that portfolio allocation decisions are driven not solely by market outlook but by the specific financial outcomes each client needs to achieve. The 13F-disclosed aggregate portfolio therefore represents the composite expression of multiple client-specific allocations, each tailored to individual circumstances within a consistent overall investment philosophy.

Advisory Resource Group represents an established, independently operated registered investment advisory firm delivering comprehensive wealth management and diversified investment solutions from its Tulsa, Oklahoma headquarters. Under the leadership of President and CEO Cory Bittner and CIO Jason Lacks, the firm has built a practice centered on disciplined asset allocation, ETF-based portfolio construction, and goals-oriented financial planning. Its SEC filings under CIK #0001764968 provide a multi-year record of diversified allocations that illuminate the firm's investment philosophy and risk management discipline. Key analytical dimensions for evaluating Advisory Resource Group include its Annualized Return (CAGR) as derived from historical replication of disclosed positions, which contextualizes the firm's compounding behavior relative to standard balanced benchmarks and peer wealth management practices. The Top 10 Holdings Concentration metric reveals the degree to which the portfolio is driven by a small number of core ETF positions versus a more broadly distributed multi-instrument allocation — a particularly informative measure for ETF-centric managers where the top holdings may represent broad asset class exposures rather than individual company bets. The Sortino Ratio provides a risk-adjusted lens specifically calibrated to downside deviation, capturing the asymmetry between upside and downside volatility that is most relevant for wealth management clients who prioritize capital preservation. The firm's growing 13F filing history enables increasingly robust portfolio simulation and performance backtests online that can evaluate how Advisory Resource Group's diversified blend approach has navigated the distinct market environments of recent years — from the late-cycle bull market through the pandemic disruption, the post-pandemic recovery, and the inflationary rate-tightening regime. The defining diagnostic question for prospective clients and institutional observers is: does Advisory Resource Group's Downside Capture Ratio demonstrate meaningful capital protection during equity market drawdowns relative to a passive balanced benchmark, and has the firm's tactical allocation process — the dynamic adjustments made within its strategic framework — added measurable value across shifting macroeconomic regimes, or does the portfolio's risk-return profile converge toward passive alternatives over a full market cycle?

The risk characteristics of Advisory Resource Group's disclosed portfolio reflect the firm's mandate as a wealth management advisor serving a diverse client base with varying risk tolerances and investment horizons. The diversified, multi-asset portfolio construction is designed to deliver a moderated risk experience relative to concentrated equity strategies, ensuring that client portfolios can withstand market dislocations without jeopardizing long-term financial plan objectives. The Max Drawdown Depth of the firm's 13F-disclosed holdings, as reconstructed through historical replication, provides a quantitative measure of the portfolio's vulnerability during significant market sell-offs. A diversified blend portfolio utilizing ETFs and broad market instruments would typically experience drawdowns that track or slightly underperform broad balanced benchmarks during systemic stress events, with the degree of protection dependent on the proportion of defensive assets — such as fixed-income ETFs, low-volatility equity strategies, or cash equivalents — maintained within the overall allocation. The firm's wealth management mandate creates a natural incentive to manage drawdown severity, as excessive losses can trigger client behavioral responses that undermine long-term investment plan adherence. The Volatility Profile of the portfolio is expected to be moderate, consistent with a diversified blend allocation that combines equity market participation with volatility-dampening positions in less correlated asset classes or defensive sectors. For the firm's client base, this moderated volatility characteristic serves a dual purpose — it reduces the mathematical impact of compounding losses during drawdown periods and provides the psychological stability necessary for clients to maintain their investment programs through challenging market environments. Concentration risk within the Advisory Resource Group portfolio is well-managed by design. The firm's ETF-centric approach inherently distributes capital across hundreds or thousands of underlying securities within each fund vehicle, providing granular diversification that would be impractical to achieve through individual stock selection alone. This structural diversification reduces single-name event risk to negligible levels within the core portfolio allocations, though the firm's satellite positions in individual securities or concentrated thematic ETFs may introduce modest idiosyncratic exposure at the margins. A structural consideration for risk analysis is that the 13F filing represents the aggregated holdings across all client accounts, encompassing portfolios ranging from aggressive growth allocations for younger clients to conservative income-focused allocations for retirees. This aggregation effect means the disclosed portfolio reflects a blended risk posture that may not correspond to the actual experience of any individual client. Risk metrics derived from the aggregate 13F data should be interpreted as representing the firm's average positioning rather than the specific exposure of any single client model. RISK PROFILE — REGIONAL ECONOMIC CONSIDERATIONS As a Tulsa-based advisory firm, Advisory Resource Group serves a client base with potential concentrated exposure to Oklahoma's energy-dependent economy through employment, business ownership, real estate, and royalty income. A sophisticated wealth management practice would account for this total wealth context in portfolio construction, potentially underweighting energy sector exposure in investment portfolios to offset clients' non-financial economic exposure to the energy cycle. This total wealth risk management perspective adds a dimension of complexity to the firm's portfolio construction that may not be immediately apparent from 13F analysis alone.