C L Wealth Managemant LLC (Richmond)

Name: C L Wealth Managemant LLC
Address: 1100 Boulders Parkway, Richmond, VA, 23225
Telephone: 804-521-7615

C L Wealth Managemant LLC is a multi-state adviser based in Richmond. It manages $61.36 million of regulatory assets for 523 client accounts. It has been registered with the SEC as an adviser since 2013 and has operated in the jurisdictions of California, Colorado, Connecticut, and 21 other states.

C L Wealth Managemant provides financial planning services, portfolio management for individuals and small businesses, and selection of other advisers. It prepares financial plans for less than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.

C L Wealth Managemant: assets under management

The assets under management (AUM) of C L Wealth Managemant LLC is $61.36 million. The company doesn't manage any assets belonging to foreign clients.

The firm manages $41.02 million in discretionary accounts and $20.34 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $104.11 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $157.7 thousand.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay C L Wealth Managemant LLC for their services and products based on a percentage of assets under management, hourly charges, 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.

Careers at C L Wealth Managemant LLC

Craig Michael Gould has been acting as President since 1 Sep 2013. Albert Akerman joined the executive team most recently as the Chief Compliance Officer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Harvey Seward Martin	Chief operating officer	1 Aug 2005	Other	1001534
Robert Philip Mather	S v p	1 Feb 2011	Other	1764918
Albert Akerman	Chief compliance officer	1 Sep 2013	Other	1699114
Craig Michael Gould	President	1 Sep 2013	Other	2367293
Llc Prime United Holdings	Holding company	1 Sep 2013	75% - 100%	45-3719544

Indirect Owners

The SEC currently registers 5 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Eli Verschleiser	Member	1 Aug 2004	75% - 100%	6006914
Llc Winter Investors	Member	1 Mar 2011	75% - 100%	36-4688613
Jacob Abraham Frydman	Manager	1 Oct 2011	Other	1104535
Llc Eve	Member	1 Oct 2011	50% - 75%	37-1546523
Llc Summer Investors	Member	1 Oct 2011	50% - 75%	27-5782560

Based in Richmond

The principal office where C L Wealth Managemant LLC performs its advisory services is located at 1100 Boulders Parkway, Richmond, VA 23225, which is also the mailing address of the firm. An additional office of the firm is in Madison, WI. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 804-521-7615 or by fax 804-560-4466. The normal business hours are 9:00-5:00 et on Monday - Friday. You can find more information about the New York firm at www..clsecurities.com.