Cbiz Wealth Management, LLC (Cleveland)

Name: Cbiz Wealth Management, LLC
Address: 6050 Oak Tree Blvd., Suite 500, Cleveland, OH, 44131
Telephone: 216-447-9000

Cbiz Wealth Management, LLC is a large advisory firm based in Cleveland. It manages $396.58 million of regulatory assets for 889 client accounts. It has been registered with the SEC as an adviser since 2010 and has operated in the jurisdictions of Arizona, Arkansas, California, and 23 other states.

Cbiz Wealth Management provides financial planning services, portfolio management for individuals and small businesses, portfolio management for pooled investment vehicles, and pension consulting services. It prepares financial plans for more than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.

Cbiz Wealth Management: assets under management

The assets under management (AUM) of Cbiz Wealth Management, LLC is $396.58 million. The firm's AUM has grown by 11% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $21.14 million in discretionary accounts and $375.44 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $227.31 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $471.66 thousand.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Cbiz Wealth Management, LLC for their services and products based on a percentage of assets under management, hourly charges, and fixed fees. Flat-fee based compensation is the most transparent and the one you can safely predict in advance. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

Careers at Cbiz Wealth Management, LLC

Luke Flagg Baum has been acting as President since 1 Feb 2010. Christopher Brett Darcy has served as the Chief Investment Officer since 1 Feb 2010. Inc. Cbiz Operations joined the executive team most recently as the Parent Company.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Inc. Cbiz Operations	Parent company	1 Feb 2010	75% - 100%	34-1846498
Jerome Paul Grisko	Sole manager	1 Feb 2010	Other	4204415
Luke Flagg Baum	President	1 Feb 2010	Other	2045397
Mark Edward Pusey	Chief compliance officer	1 Feb 2010	Other	4010175
Christopher Brett Darcy	Chief investment officer	1 Feb 2010	Other	2883404

Indirect Owners

The SEC currently registers 1 indirect owner.

Name	Entity	Date acquired	Ownership	Employer ID
Inc. Cbiz	Parent company	1 Nov 1996	75% - 100%	22-2769024

Based in Cleveland

The principal office where Cbiz Wealth Management, LLC performs its advisory services is located at 6050 Oak Tree Blvd., Suite 500, Cleveland, OH 44131, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 216-447-9000 or by fax 216-447-9007. The normal business hours are 8:00 am to 5:00 pm on Monday - Friday. You can find more information about the New York firm at www.cbiz.com.