Cm Wealth Advisors Inc. is a large advisory firm based in Beachwood. It manages $3.12 billion of regulatory assets for 568 client accounts. It has been registered with the SEC as an adviser since 2011 and has operated in the jurisdictions of California, Florida, Hawaii, and 5 other states.
Cm Wealth Advisors provides financial planning services, portfolio management for individuals and small businesses, portfolio management for pooled investment vehicles, portfolio management for businesses and institutional clients, selection of other advisers, and consulting. It prepares financial plans for more than 50 clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Cm Wealth Advisors Inc. is $3.12 billion. The firm's AUM has grown by 233% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.
The advisory firm has several streams of revenue. Clients pay Cm Wealth Advisors Inc. for their services and products based on a percentage of assets under management 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.
The firm provides services to individuals, charitable organizations, high net worth individuals, and pooled investment vehicles. The largest group of clients of John Edgar Kohl is high net worth individuals with 112 clients and $1.39 billion of assets under management. Among the 9 most similar advisory firms, Cm Wealth Advisors has the highest percentage of high net worth individuals out of all clients.
The amount of regulatory assets under management is $3.12 billion for 169 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. None of the firm’s clients are foreign persons or businesses.
Cm Wealth Advisors also advises several private funds. Namely, ten other private funds and twenty one private equity funds. The minimum investment commitment required of non-related persons is $100,000 for each fund.
The company employs 21 people that are either part- or full-time employees. 38 percent of the employees work as investment advisers or researchers. 2 employees are registered as investment adviser representatives with the state securities authorities.
There isn’t anyone with the role of looking for and bringing in new clients on behalf of the firm. The firm doesn’t compensate employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.
John Edgar Kohl has been acting as President since 1 Apr 2002. David Carl Henkel joined the executive team most recently as the Executive Vice President, Director.
The principal office where Cm Wealth Advisors Inc. performs its advisory services is located at 2000 Auburn Drive, Beachwood, OH 44122 4327, 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 216-831-9667 or by fax 216-831-3779. The normal business hours are 8:30 am to 5:00 pm on Monday - Friday. You can find more information about the New York firm at cmwealthadvisors.com.