CL Wealth Management LLC

RIASEC RegisteredEst. 2011

Total AUM

$734M

Discretionary

$375M

51% of AUM

Avg account

$339K

Accounts

2,165

Employees

Advisory reps

Firm details

Headquarters: Schaumburg, Illinois
CRD number: 134922
Registered since: October 4, 2011
Custodians: RBC CAPITAL MARKETS, LLC, RAYMOND JAMES & ASSOCIATES, INC., CHARLES SCHWAB & CO., INC.
Fee structure: Percentage of AUM, Hourly Charges, Fixed Fees, Other
Client types: Individuals67.28%
HNWI32.44%
Pension & Profit Sharing Plans0.27%
Corporations / Businesses0.01%
Services: Financial PlanningPortfolio Management for IndividualsPension ConsultingSelection of Other AdvisersPublication of PeriodicalsEducational Seminars / Workshops

Firm profile

FINTRX

Overview

CL Wealth Management LLC is an SEC-registered limited liability company that began advising clients in 2011. The firm serves both individual and family clients as well as institutional investors and operates as a capital allocator that selects external managers in addition to managing portfolios directly. Its fee arrangements include percentage-of-AUM billing as well as hourly and fixed-fee engagements. CL Wealth’s advisory services span financial planning, portfolio management for individuals and small businesses, pension consulting and the selection of other advisers, along with publication of periodicals and delivery of educational seminars. The firm is not an active ESG investor. Its industry affiliations extend beyond pure advisory work and include relationships with broker-dealers, other investment advisers, accounting and law firms, insurance companies and real estate brokers; the firm also sponsors limited partnerships and serves as sponsor/GP for pooled investment vehicles.