CL WEALTH MANAGEMENT LLC
Adviser information for CL WEALTH MANAGEMENT LLC last updated from Form ADV on February 29th, 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 | Virginia, United States |
Employees
| Total Number of Employees | 44 |
|---|---|
| Investment Advisory/Research | 43 |
| Registered Broker-Dealer Representatives | 44 |
| Registered State Investment Advisers | 44 |
| Licensed Agents of an Insurance Company | 40 |
| No. of Firms/People that Solicit Clients | 1 |
RAUM
| Provides Management of Securities Portfolios | Yes |
|---|
| Type | Accounts | RAUM |
|---|---|---|
| Discretionary | 1,238 | $272.3M |
| Non-Discretionary | 765 | $260.5M |
| Total | 2,003 | $532.8M |
Clients
| Type | Number | RAUM |
|---|---|---|
| Individuals | 1,611 | $337.4M |
| HNW Individuals | 379 | $169.9M |
| 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 | 10 | $2.6M |
| 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 | <5 | $22.8M |
| Other | 0 | $0 |
| Type | Number |
|---|---|
| No. of Non-RAUM Clients | 10 |
| No. of Non-U.S. Clients | 0 |
| No. of Financial Planning Clients | 1-10 |
Services
| Advisory Services | Financial planningPortfolio management for individuals and/or small businessesPension consulting servicesSelection of other advisers (including private fund managers)Publication of periodicals or newslettersEducational seminars/workshops |
|---|---|
| Compensation | % of AUMHourly chargesFixed feesTHIRD PARTY ADVISORY FEES |
| Other Business Activities | Broker-dealerInsurance broker or agent |
Identifiers
| SEC RIA File Number | 801-72701 |
|---|---|
| SEC ERA File Number | 801-72701 |
| SEC CIK Numbers | None |
| SEC CRD Numbers | 134922 |
| Legal Entity Identifier | None |
Principal Office
425 N. MARTINGALE RD.SUITE 1220
SCHAUMBURG
IL
United States
Monday - Friday, 9.00-5:00 ET
Tel: 212-388-6200, Fax: 212-388-6213
Websites
www.cuprosper.com
www.barbarakice.com
bridgeportinvest.com
www.warnefordwealth.com
www.pivotalwm.com
www.bessettefinancial.com
www.strategicadvantagefinancial.com
www.dellhughes.com
www.futuremattersinc.com
www.dennismesward.com
www.leadingedgefinancialgroup.net
www.clsecurities.com
www.lwc-cpa.com
www.sanmarinois.com
www.heartstrongwealthplanning.com
www.rpgwealthmanagement.com
www.ronfeinmanlaw.com
www.meskancapital.com
Chief Compliance Officer
BJORN JORDAN
CCO
425 N. MARTINGALE RD.
SUITE 1220
SCHAUMBURG
IL
United States
Tel:
212-388-6214
B***********@***************M
(Full email address available in API data)
Regulatory Contact
ROGER LEIBOWITZ
CFO
425 N. MARTINGALE RD.
SUITE 1220
SCHAUMBURG
IL
United States
Tel:
212-388-6206
R**************@***************M
(Full email address available in API data)
Industry Affiliates
| BERKELEY STREET ADVISORS LLC | Sponsor, GP, manager of pooled investment vehicles |
| CABOT LODGE SECURITIES LLC | Broker-dealer, municipal securities dealer, or gov securities broker or dealer |
| CL GENERAL AGENCY LLC | Insurance company or agency |
| LAW OFFICES OF RON FEINMAN, ESQ. | Lawyer or law firm |
| LAWRENCE CUMPSTON & ASSOC PLLP CPA | Accountant or accounting firm |
| PKS ADVISORY SERVICES, LLC | Other investment adviser, including financial planners |
| PKS FINANCIAL SERVICES, INC. | Insurance company or agency |
| PURSHE KAPLAN STERLING INVESTMENTS | Broker-dealer, municipal securities dealer, or gov securities broker or dealer |
| SPRING HILLS HOLDINGS LLC | Sponsor or syndicator of limited partnerships |
| TAX AND FINANCIAL ADVISORS, INC. | Accountant or accounting firm |
| WORLD EQUITY GROUP, INC. | Broker-dealer, municipal securities dealer, or gov securities broker or dealerOther investment adviser, including financial planners |
Private Funds
| Name | Type | Assets $USD | Min Investment $USD | No. Owners |
|---|
None
Control Persons
| Name | Type | Entity | Title | Since | Ownership |
|---|---|---|---|---|---|
| PKS HOLDING LLC | Domestic Entity | – | MEMBER | 12/2017 | > 75% |
| WENTWORTH MANAGEMENT SERVICES, LLC | Domestic Entity | PKS HOLDING LLC | MEMBER | 02/2017 | > 75% |
| MHC SECURITIES, LLC | Domestic Entity | WENTWORTH MANAGEMENT SERVICES, LLC | MEMBER | 12/2017 | > 75% |
| MARKOWITS, ALEXANDER, CHIAM | Individual | MHC SECURITIES, LLC | MANAGER | 07/2015 | > 75% |
| Jordan, Bjorn | Individual | – | CCO | 01/2020 | < 5% |
| LEIBOWITZ, ROGER, FARRELL | Individual | – | PRESIDENT | 02/2020 | < 5% |