CLEVELAND WEALTH, LLC
Adviser information for CLEVELAND WEALTH, LLC last updated from Form ADV on February 8th, 2024. Select data displayed; additional Form ADV, Form D, Form 13F and other data is available from the Fincoded API.
Advisory Business
| Type of Organization | Limited Liability Company |
|---|---|
| Fiscal Year End | DECEMBER |
| Legal Location | Ohio, United States |
Employees
| Total Number of Employees | 6 |
|---|---|
| Investment Advisory/Research | 6 |
| Registered Broker-Dealer Representatives | 0 |
| Registered State Investment Advisers | 6 |
| Licensed Agents of an Insurance Company | 6 |
| No. of Firms/People that Solicit Clients | 0 |
RAUM
| Provides Management of Securities Portfolios | Yes |
|---|
| Type | Accounts | RAUM |
|---|---|---|
| Discretionary | 5 | $2.7M |
| Non-Discretionary | 2,994 | $765.1M |
| Total | 2,999 | $767.8M |
Clients
| Type | Number | RAUM |
|---|---|---|
| Individuals | 851 | $476.1M |
| HNW Individuals | 331 | $291.8M |
| Banking or thrift institutions | 0 | $0 |
| Investment companies | 0 | $0 |
| Business development companies | 0 | $0 |
| Pooled investment vehicles | 0 | $0 |
| Pension and profit sharing plans | 0 | $0 |
| Charitable organizations | 0 | $0 |
| State or municipal gov entities | 0 | $0 |
| Other investment advisers | 0 | $0 |
| Insurance companies | 0 | $0 |
| Sovereign wealth funds and foreign official institutions | 0 | $0 |
| Corporations or other businesses | 0 | $0 |
| Other | 0 | $0 |
| Type | Number |
|---|---|
| No. of Non-RAUM Clients | 0 |
| No. of Non-U.S. Clients | 0 |
| No. of Financial Planning Clients | 974 |
Services
| Advisory Services | Financial planningPortfolio management for individuals and/or small businessesPension consulting servicesSelection of other advisers (including private fund managers) |
|---|---|
| Compensation | % of AUMFixed feesSELECTION OF OTHER ADVISERS FEES |
Identifiers
| SEC RIA File Number | 801-117776 |
|---|---|
| SEC ERA File Number | 801-117776 |
| SEC CIK Numbers | None |
| SEC CRD Numbers | 282196 |
| Legal Entity Identifier | None |
Principal Office
600 SUPERIOR AVENUE EASTSUITE 2550
CLEVELAND
OH
United States
Monday - Friday, 8:00AM-5:00PM
Tel: (216) 810-5900, Fax: (216) 810-5901
Chief Compliance Officer
DOUGLAS WILLIAM SOCKMAN
PRINCIPAL
600 SUPERIOR AVENUE EAST
SUITE 2550
CLEVELAND
OH
United States
Tel:
(216) 810-5900
Fax:
(216) 810-5901
D**@******************M
(Full email address available in API data)
Regulatory Contact
THOMAS WILLIAMS STOCKETT
PRINCIPAL
600 SUPERIOR AVENUE EAST
CLEVELAND
OH
United States
Tel:
(216) 810-5900
Fax:
(216) 810-5901
T**@******************M
(Full email address available in API data)
Industry Affiliates
| None |
Private Funds
| Name | Type | Assets $USD | Min Investment $USD | No. Owners |
|---|
None
Control Persons
| Name | Type | Entity | Title | Since | Ownership |
|---|---|---|---|---|---|
| SOCKMAN, DOUGLAS, WILLIAM | Individual | – | PRINCIPAL/CHIEF COMPLIANCE OFFICER | 10/2015 | 50-75% |
| STOCKETT, THOMAS, WILLIAMS | Individual | – | PRINCIPAL | 10/2015 | 50-75% |