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 operates as an insurance broker-dealer and registered investment adviser that leans heavily toward equity-based portfolio construction. The firm provides financial planning, discretionary and non-discretionary portfolio management for individuals and small businesses, pension consulting, selection of other advisers, and client education via newsletters and seminars. Its service mix positions it as a hybrid advice and distribution firm that integrates insurance and investment solutions. Investment activity shows a clear preference for exchange-traded equities as the primary building block of client portfolios, with a sizable separately managed account (SMA) footprint. The firm reports allocating to third-party alternative investment managers and uses annuities and mutual funds alongside equity strategies, suggesting a multi-vehicle approach to meeting income, growth and liability-matching objectives. CL Wealth Management is not an active ESG investor, and its business affiliations include brokerage, accounting, insurance and real estate relationships as well as sponsorship roles in pooled investment vehicles.