Cassady Schiller Wealth Management, LLC (Cincinnati)

Name: Cassady Schiller Wealth Management, LLC
Address: 4555 Lake Forest Drive, Cincinnati, OH, 45242
Telephone: 513-483-6652

Cassady Schiller Wealth Management, LLC is a large advisory firm based in Cincinnati. It manages $243.63 million of regulatory assets for 670 client accounts. It has been registered with the SEC as an adviser since 2017 and has operated in the jurisdictions of Colorado, Illinois, Indiana, and 3 other states.

Cassady Schiller Wealth Management provides financial planning services, portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, and pension consulting services. It prepares financial plans for more than 100 clients. On top of advisory services, the firm doesn't engage in other business activities.

Cassady Schiller Wealth Management: assets under management

The assets under management (AUM) of Cassady Schiller Wealth Management, LLC is $243.63 million. The firm's AUM has grown by 79% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $219.96 million in discretionary accounts and $23.67 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $331.76 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $3.38 million.

Cassady Schiller Wealth Management has custody of $158.56 million in cash and securities for 151 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in investment and business development companies the most. They account for 67% of the total AUM. The second-largest asset type is exchange traded securities, which make up 20% of the firm’s portfolio. Investments in cash and cash equivalents form 10% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Cassady Schiller Wealth Management, LLC for their services and products based on a percentage of assets under management 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.

What kind of clients Cassady Schiller Wealth Management serves?

The firm provides services to individuals and high net worth individuals. The largest group of clients of Cassady Schiller Wealth Management is high net worth individuals with 71 clients and $190.8 million of assets under management. Among the 10 most similar advisory firms, Cassady Schiller Wealth Management has the 3rd highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $243.63 million for 232 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.

Cassady Schiller Wealth Management doesn't advise any private funds.

Careers at Cassady Schiller Wealth Management, LLC

The company employs 6 people that are either part- or full-time employees. 100 percent of the employees work as investment advisers or researchers. 6 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 doesn’t compensate 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
Michael William Clark	Managing member, president	1 Nov 1999	Other	4060431
David John Cassady	Member	1 Jan 2007	Other	5508812
Robert Matthew Schiller	Member	1 Jan 2007	Other	5508818
Brian Christopher Stautberg	Member	1 Jan 2007	Other	5508821
John Hemp Eberhart	Member	1 Jul 2011	Other	6028828
Sara Jane Evans	Member	1 Jan 2015	Other	6450113
James Barry Mcgrath	Member	1 Jan 2016	Other	3074399
Heather Marie Bucher	Member	1 Jan 2016	Other	6640458
Marc James Wambaugh	Chief compliance officer	1 Jan 2017	Other	2988910
Harry Rueger Iv	Member	1 Jan 2019	Other	7088440

Based in Cincinnati

The principal office where Cassady Schiller Wealth Management, LLC performs its advisory services is located at 4555 Lake Forest Drive, Cincinnati, OH 45242, 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 513-483-6652 or by fax 513-483-6690. The normal business hours are 8:30am - 5:30pm on Monday - Friday. You can find more information about the New York firm at cassadyschillerwealth.com.