Center For Wealth Management LLC. (Cincinnati)


Center For Wealth Management LLC. is a large advisory firm based in Cincinnati. It manages $120 million of regulatory assets for 498 client accounts. It has been registered with the SEC as an adviser since 2017 and has operated in the jurisdictions of Arizona, Florida, Indiana, and 5 other states.

Center For Wealth Management provides financial planning services, portfolio management for individuals and small businesses, and hourly consulting. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Center For Wealth Management: assets under management

The assets under management (AUM) of Center For Wealth Management LLC. is $120 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 20% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $120 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $240.96 thousand each.

Investments

The firm invests in other assets the most. They account for 80% of the total AUM. The second-largest asset type is exchange traded securities, which make up 20% of the firm’s portfolio.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Center For Wealth Management LLC. for their services and products based on a percentage of assets under management, hourly charges, and fixed fees. Hourly charges are usually charged for consulting work and special projects. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Center For Wealth Management serves?

The firm provides services to individuals and high net worth individuals. The largest group of clients of Center For Wealth Management is individuals with 450 clients and $66 million of assets under management. Among the 10 most similar advisory firms, Center For Wealth Management has the 3rd highest percentage of individuals out of all clients.

The amount of regulatory assets under management is $120 million for 498 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.

Center For Wealth Management doesn't advise any private funds.

Careers at Center For Wealth Management LLC.

The company employs 7 people that are either part- or full-time employees. 100 percent of the employees work as investment advisers or researchers. No employees are registered as investment adviser representatives with the state securities authorities.

There isn’t anyone 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.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
Jason Daniel Feist Cfo - managing member 1 Apr 2014 50% - 75% 5211640
Christopher Michael Wright Cco managing member 1 Jun 2014 50% - 75% 4263057

Based in Cincinnati

The principal office where Center For Wealth Management LLC. performs its advisory services is located at 4355 Ferguson Dr., Cincinnati, OH 45245, which is also the mailing address of the firm. An additional office of the firm is in Fort Mitchell, KY. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 513-407-5430 or by fax 513-206-9765. The normal business hours are 9-5 on Monday - Friday. You can find more information about the New York firm at centerforwealthmanagement.com.