Centrust Wealth Management, Inc. (Akron)


Centrust Wealth Management, Inc. is an adviser based in Akron. It manages $61.5 million of regulatory assets for 220 client accounts. It has been registered with the SEC as an adviser since 2005 and has operated in the jurisdiction of Ohio.

Centrust Wealth Management provides financial planning services, portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, pension consulting services, selection of other advisers, and publication of newsletters. It prepares financial plans for more than 25 clients. On top of advisory services, the firm also engages as annuities sales.

Centrust Wealth Management: assets under management

The assets under management (AUM) of Centrust Wealth Management, Inc. is $61.5 million. The firm's AUM has grown by 76% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $41.5 million in discretionary accounts and $20 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $224.32 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $571.43 thousand.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Centrust Wealth Management, Inc. for their services and products based on a percentage of assets under management, hourly charges, fixed fees, commissions, and performance-based 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.

Based in Akron

The principal office where Centrust Wealth Management, Inc. performs its advisory services is located at 3200 W. Market Street, Akron, OH 44333, 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 (330) 873-1100 or by fax (330) 873-1135. The normal business hours are 9:00 am - 5:00 pm on Monday - Friday.