Cbiz Investment Advisory Services, LLC is a large advisory firm based in Cleveland. It manages $2.01 billion of regulatory assets for 1,282 client accounts. It has been registered with the SEC as an adviser since 2017 and has operated in the jurisdictions of Alabama, Arizona, Arkansas, and 27 other states.
Cbiz Investment Advisory Services provides portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, pension consulting services, selection of other advisers, and educational seminars and workshops. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Cbiz Investment Advisory Services, LLC is $2.01 billion. The firm's AUM has grown by 1387% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.
The advisory firm has several streams of revenue. Clients pay Cbiz Investment Advisory Services, LLC for their services and products based on a percentage of assets under management, hourly charges, and fixed fees. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.
The firm provides services to individuals, charitable organizations, high net worth individuals, banking or thrift institutions, corporations or other businesses, pension and profit sharing plans, and state or municipal government entities. The largest group of clients of Brian Edward Dean is pension and profit sharing plans with 164 clients and $978.96 million of assets under management. Among the 9 most similar advisory firms, Cbiz Investment Advisory Services has the highest percentage of pension and profit sharing plans out of all clients.
The amount of regulatory assets under management is $2.01 billion for 929 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. None of the firm’s clients are foreign persons or businesses.
Cbiz Investment Advisory Services doesn't advise any private funds.
The company employs 55 people that are either part- or full-time employees. 69 percent of the employees work as investment advisers or researchers. 38 employees are registered as investment adviser representatives with the state securities authorities.
There are 2 people with the role of looking for and bringing in new clients on behalf of the firm. The firm compensates employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.
Brian Edward Dean has been acting as President since 1 Sep 2016. Kathryn Hale Louttit joined the executive team most recently as the Executive Representative And Chief Compliance Officer.
The principal office where Cbiz Investment Advisory Services, LLC performs its advisory services is located at 6050 Oak Tree Blvd, Cleveland, OH 44131, which is also the mailing address of the firm. An additional office of the firm is in Easton, MD. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 216-447-9000 or by fax 216-447-9007. The normal business hours are 9:30 am - 4:00 pm on Monday - Friday.