Firm Information
Compensation
Number of Advisors
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
AUM-Based Fees (Tiered)
| Assets Under Management | Annual Fee |
|---|---|
| Up to $100K | 2.25% |
| $100K - $250K | 2.00% |
| $250K - $500K | 1.75% |
| $500K - $1.0M | 1.50% |
| $1.0M - $2.0M | 1.25% |
| $2M+ | 1.25% |
Fees negotiable for accounts over $2,000,000.
Fee Estimator
CL Wealth Management's fee for portfolio advisory services is based on a percentage of assets under management, and all fees are negotiated between the advisor and the client. The following rates are a guide: 2.25% for $25,000 - $100,000, 2.00% for $100,000 - $250,000, 1.75% for $250,000 - $500,000, 1.50% for $500,000 - $1,000,000, and 1.25% for $1,000,000 - $2,000,000. Fees for assets over $2,000,000 are negotiable. The firm generally requires a minimum of $25,000 to open and maintain an advisory account, but this may be waived. Financial planning and consulting fees are $350 per hour, with flat fees up to $5,000 in some cases.
Areas of Practice
Advisor Information
Office location
425 N. Martingale Rd., Suite 1220, Schaumburg, IL, 60173
Get directionsRegulatory History
No disclosures, customer disputes, or regulatory actions on file.
Disclosures include customer complaints, regulatory actions, and other events that advisors must report to the SEC. A clean record means none have been reported.
Learn about disclosures →Other Business ActivitiesSells Insurance
Joe is a proprietor of Eureka Designs, providing resort services, and an agent for Dennis Murray, selling fixed life insurance and annuities. He also operates as a financial advisor under Neighborhood Financial Solutions. The insurance sales and financial advisor roles each take about a quarter of Joe's time, while Eureka Designs takes a few hours per week.