Centric Wealth Management, LLC

RIASEC RegisteredEst. 2005

Total AUM

$793M

Discretionary

$793M

100% of AUM

Avg account

$499K

Accounts

1,590

Employees

Advisory reps

Firm details

Headquarters: Chicago, Illinois
CRD number: 133877
Registered since: February 7, 2005
Website: www.centricwealthmanagement.com
Custodians: CHARLES SCHWAB & CO., INC.
Fee structure: Percentage of AUM, Hourly Charges, Fixed Fees, Commissions
Client types: HNWI70.02%
Individuals25.39%
Corporations / Businesses3.82%
Charitable Organizations0.4%
Pension & Profit Sharing Plans0.37%
Services: Financial PlanningPortfolio Management for IndividualsPension Consulting

Firm profile

FINTRX

Overview

Centric Wealth Management, LLC is an independent registered investment adviser and limited liability company that has been SEC-registered since 2005. The firm serves both individual & family and institutional clients and acts as a capital allocator, blending fee-based portfolio management with hourly and fixed-fee planning work and some commission-based business. Centric also operates as a registered representative of a broker-dealer and as an insurance broker, and it lists financial planning, portfolio management for individuals and small businesses, and pension consulting among its advisory activities. The firm does not identify as an active ESG investor and is not a multi-state adviser under the snapshot data. Centric has been recognized in industry coverage, including a 2020 Citywire mention in the “50 Growers Across America” list. The firm’s ownership is a mix of domestic entity and individual ownership.