DFX Intelligence

RIA Intelligence

Registered investment advisers, the advisors registered through them, the capital they report, the private vehicles they run and the people who own them, as a graph with a filing date behind every number. RAUM is what the adviser filed, a move is two registration dates, and a class is a rule you can read.

SEC-registered adviser

Cl Wealth Management LLC

Independent wealth managerSchaumburg, IllinoisCRD 134922SEC 801-72701websiteIAPD
Latest filing Aug 20, 2026
First filing on the tape Dec 19, 2011 · 86 filings
SEC status approved since Oct 4, 2011
RAUM
$734M
reported, Item 5.F
Discretionary
51%
of RAUM
Private clients
100%
$732M individuals and HNW
Advisors
42
registered through the firm on IAPD
RAUM per advisor
$17.5M
derived; firm RAUM over IAPD count
Employees
42
39 advisory (5.B.1)
Offices
41
beyond the principal office
Private funds
0
reported on Schedule D
History
86 filings and snapshots on the tape
RAUM$734M as of Aug 20, 2026
Mar 28, 2012$33.1M then
HNW client RAUM$238M as of Aug 20, 2026
May 29, 2018$42.4M then
State-registered IARs (5.B.3)39 as of Aug 20, 2026
Mar 28, 20120 then
Employees (5.A)42 as of Aug 20, 2026
Apr 1, 201368 then
Private funds: no history
RAUM +17% over the last fiscal year+16% a year over threeIARs 42 to 39
Practice profile
derived from the filing of Aug 20, 2026; every figure names its basis
Archetypes, each a printed rule
  • Mass-affluent RIA · private-client share at least 50 percent, non-HNW individuals at least 60 percent of private-client RAUM
  • Wrap program sponsor · sponsors a wrap fee program (5.I) with at least $100M of wrap assets
RAUM per advisor
$17.5MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
52derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$373,604derivedHNW RAUM over HNW clients
Average account
$338,833derivedRAUM over accounts (5.F.2.f)
Discretionary
51%derivedof RAUM
Institutional
0.3%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
1.0derivedItem 5.A over advisors
Advisors per office
1.0derived42 offices incl. principal (1.F.5)
RAUM growth, one year
+17%derivedbetween the last two annual amendments
Advisor growth, one year
-7.1%derivedItem 5.B.3 between annual amendments
Client growth, one year
+4.4%derived
Compensation
percentage of assets, hourly, fixed fees, otherreportedItem 5.E
Advisory activities
financial planning, portfolio management for individuals, pension consulting, selection of other advisers, publications, educational seminarsreportedItem 5.G
Wrap fee program
$742MreportedItem 5.I
Custody
$185M, 658 clientsreportedItem 9.A
Ownership
no PE, bank or public-company owner found on Schedule Aderived
Advisor book size
not public; not estimatedreported
Also answered yes on Form ADV
  • buys or sells securities as principal to or from clients (8.A.2)
  • has discretionary authority over which securities are bought or sold (8.C.1)
  • receives research or other products from a broker-dealer, soft dollars (8.E)
  • has custody of client cash or bank accounts (9.A.1.a)
  • a related person has custody of client cash (9.B.1.a)
  • an independent public accountant performs a surprise examination (9.C.1)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • Individuals$494M67%
  • High-net-worth individuals$238M32%
  • Pension and profit-sharing plans$2.0M0.3%
  • Corporations and businesses$99,4320.0%
Individual clients
1,528reported
HNW clients
637reported
Pension plan clients
2reported
Charitable clients
n/areported
Accounts
2,165reported
Financial planning clients
1-10reported
Wrap fee programs
$548M sponsored, $193M managedreported
Custody of client assets
$185M for 658 clientsreported
Compensation
% of AUM, fixed, hourlyreported
Class basis
private_client_share=1.0 fund_share=0.0 institutional_share=0.0 related_bd=true related_bank=false bd_reps=39.0derived
Advisors registered through the firm
42 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
Ron FeinmanSchaumburg, Il Apr 18, 201130 y0
Shannon Agnes ShehornCertified Financial PlannerSchaumburg, Il Jun 2, 201146 y1
Dennis Dale MeswardCertified Financial PlannerColorado Springs, Co Aug 8, 201129 y2
John Joseph WyngaardSchaumburg, Il Oct 3, 201130 y1
Mitchell L RaySchaumburg, Il Oct 4, 201126 y1
Peter Edward BianchettoFranklin, Ma Oct 6, 201129 y3
William Raymond BessetteHyannis, Ma Oct 12, 201135 y3
Roger Farrell LeibowitzSchaumburg, Il Nov 3, 201120 y1
Mark Edward UrbanSchaumburg, Il Nov 4, 201127 y1
Andre D WilliamsSchaumburg, Il Feb 1, 201224 y1
Edgar A WadeSalem, Va Mar 9, 201233 y4
John Norman DoironSchaumburg, Il May 9, 201219 y0
Malcolm Robert Warneford-ThomsonCertified Financial PlannerRichmond, Va Jan 2, 201322 y3
Lamindy C Brandon-JosephCertified Financial PlannerNorthville, Mi Apr 30, 201320 y2
Elana Rachel FeigenblattSchaumburg, IlOct 24, 201319 y3
Gail Lynn WangenSt. Paul, Mn Nov 13, 201329 y0
Scott Quentin BrodeenBig Lake, Mn Dec 5, 201324 y0
Paul Alan KnierSchaumburg, Il Dec 5, 201334 y1
Randolph Cienega RodriguezSchaumburg, Il Feb 24, 201626 y5
Louis Michael JimenezCertified Financial Planner, Chartered Financial ConsultantSchaumburg, Il Jun 22, 201727 y3
Robert Charles WaddellSpringdale, Ar Jun 26, 201730 y5
Dell Raymond HughesBroken Arrow, Ok Jun 27, 201738 y1
William Anthony BrooksSchaumburg, Il Jul 11, 201722 y2
Mark Andrew WiacekSan Marino, Ca Sep 26, 201728 y7
James Scott RankinGreely, Co Jun 13, 201921 y0
Bjorn JordanBrookhaven, Ga Jun 19, 201924 y1
Stephen Pavey MeskanSchaumburg, Il Aug 29, 201936 y9
Joseph Dwayne OlheiserFolsom, Ca Oct 11, 201923 y5
Stuart Alan EpleySchaumburg, Il Oct 17, 201927 y4
Kenneth Shawn HyattGreensboro, Ga Oct 22, 201916 y3
Russell Paul GreenSyosset, Ny Mar 22, 202141 y1
Steven Howard KronethalSchaumburg, Il Apr 22, 202134 y0
Thomas Anthony DavisKingsport, Tn Jun 3, 202113 y3
David S WinfreyBend, OrJun 4, 202116 y4
Meredith Denise SimsChartered Financial ConsultantAtlanta, Ga Jun 24, 202122 y5
Bradley John DonnerSchaumburg, Il Aug 31, 202137 y3
David Alan LakisSchaumburg, Il Aug 16, 202228 y4
Joe Dennis MurraySchaumburg, Il Jan 3, 202334 y3
Craig Allen JohnsonMinnetonka, Mn Jan 5, 202337 y2
Daniel Edward PeltierSchaumburg, Il Jan 5, 202330 y5
All 42 advisors at Cl Wealth Management LLC
Advisor movement
1 left, 0 joined in 12 months
net -1 in 12 months0 left in 90 days0 joined in 90 daysdeparture rate 2.4% of current headcount1 left over 36 months
Left, latest
Joined, latest
Teams: two or more advisors moving together within fourteen days, from one state
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
  • Bjorn Jordan · Ccocontrol
    since 01/2020 · owns less than 5%
  • Farrell Roger Leibowitz · Presidentcontrol
    since 02/2020 · owns less than 5%
Entity owners
  • Pks Holding LLC · Member
    direct · owns 75% or more
  • Binah Capital Group · Member
    indirect · owns 75% or more of Wentworth Management Services, LLC · public reporting company
  • Wentworth Management Services, LLC · Member
    indirect · owns 75% or more of Pks Holding LLC
Related persons
Schedule D 7.A
Advisers that list Cl Wealth Management LLC as a related person
Office movement
IAPD branch city; joins and departures in 12 months
OfficeAdvisorsJoinedLeftTeams outForming
Schaumburg, Il · principal4100
Atlanta, Ga200
Big Lake, Mn200
Colorado Springs, Co200
Springdale, Ar200
Saint Petersburg, Fl001
Offices
Schedule D 1.F, the 25 largest
  • Garland, TX2 employees
  • , 2 employees
  • Salem, VA2 employees
  • Menomonee Falls, WI2 employees
  • , 1 employees
  • , 1 employees
  • , 1 employees
  • Menno, SD1 employees
  • Lynchburg, VA1 employees
  • La Jolla, CA1 employees
  • , 1 employees
  • San Marino, CA1 employees
  • , 1 employees
  • Atlanta, GA1 employees
  • Atlanta, GA1 employees
  • Bend, OR1 employees
  • Bend, OR1 employees
  • Blue Ridge, GA1 employees
  • Brookhaven, GA1 employees
  • Canandaigua, NY1 employees
  • Canton, GA1 employees
  • Chesterfield, MI1 employees
  • Chicago, IL1 employees
  • Colorado Springs, CO1 employees
  • Eureka Springs, AR1 employees
ADV anomalies
2 against comparable advisers; where to look, not conclusions
  • custody status changedChange between filings · filing Aug 20, 2026
    custody of client assets (Item 9.A): no on the filing of 2026-03-19, yes on the filing of 2026-08-20
    peers: independent wealth managers, $500M to $1B (1,483)
  • discretionary share shiftChange between filings · filing Mar 19, 2026
    discretionary share of RAUM moved from 33.0% to 51.0% between the annual amendments of 2025-02-25 and 2026-03-19
    peers: independent wealth managers, $500M to $1B (1,483)
What changed
consecutive filings, newest first
  • Assets in custody · unset to 184782423.0
    Mar 19, 2026 to Aug 20, 2026
  • Custody of client assets · false to true
    Mar 19, 2026 to Aug 20, 2026
  • Accounts · 2,073 to 2,165
    Feb 25, 2025 to Mar 19, 2026
  • Advisory employees · 41 to 39
    Feb 25, 2025 to Mar 19, 2026
  • BD registered reps · 42 to 39
    Feb 25, 2025 to Mar 19, 2026
  • Corporate clients · unset to 1.0
    Feb 25, 2025 to Mar 19, 2026
  • HNW clients · 286 to 637
    Feb 25, 2025 to Mar 19, 2026
  • Individual clients · 1,787 to 1,528
    Feb 25, 2025 to Mar 19, 2026
  • Pension plan clients · unset to 2.0
    Feb 25, 2025 to Mar 19, 2026
  • State-registered IARs · 42 to 39
    Feb 25, 2025 to Mar 19, 2026
  • Discretionary RAUM · $207M to $375M
    Feb 25, 2025 to Mar 19, 2026
  • HNW RAUM · $189M to $238M
    Feb 25, 2025 to Mar 19, 2026
  • Individual RAUM · $439M to $494M
    Feb 25, 2025 to Mar 19, 2026
  • Non-discretionary RAUM · $422M to $359M
    Feb 25, 2025 to Mar 19, 2026
  • Pension RAUM · unset to 1965052.0
    Feb 25, 2025 to Mar 19, 2026
  • RAUM · $629M to $734M
    Feb 25, 2025 to Mar 19, 2026
  • Wrap assets (manager) · unset to 193214821.0
    Feb 25, 2025 to Mar 19, 2026
  • Wrap assets (sponsor) · unset to 548304817.0
    Feb 25, 2025 to Mar 19, 2026
  • Accounts · 2,003 to 2,073
    Aug 16, 2024 to Feb 25, 2025
  • Advisory employees · 43 to 41
    Aug 16, 2024 to Feb 25, 2025
  • BD registered reps · 44 to 42
    Aug 16, 2024 to Feb 25, 2025
  • HNW clients · 379 to 286
    Aug 16, 2024 to Feb 25, 2025
  • Individual clients · 1,611 to 1,787
    Aug 16, 2024 to Feb 25, 2025
  • Pension plan clients · 10.0 to unset
    Aug 16, 2024 to Feb 25, 2025
  • Employees · 44 to 42
    Aug 16, 2024 to Feb 25, 2025
  • Financial planning clients · 1-10 to 1-10
    Aug 16, 2024 to Feb 25, 2025
  • State-registered IARs · 44 to 42
    Aug 16, 2024 to Feb 25, 2025
  • Other offices · 42 to 41
    Aug 16, 2024 to Feb 25, 2025
  • Discretionary RAUM · $272M to $207M
    Aug 16, 2024 to Feb 25, 2025
  • HNW RAUM · $170M to $189M
    Aug 16, 2024 to Feb 25, 2025
  • Individual RAUM · $337M to $439M
    Aug 16, 2024 to Feb 25, 2025
  • Non-discretionary RAUM · $261M to $422M
    Aug 16, 2024 to Feb 25, 2025
  • Pension RAUM · 2644363.0 to unset
    Aug 16, 2024 to Feb 25, 2025
  • RAUM · $533M to $629M
    Aug 16, 2024 to Feb 25, 2025
  • Accounts · 1,999 to 2,003
    Feb 8, 2024 to Feb 29, 2024
  • BD registered reps · 46 to 44
    Feb 8, 2024 to Feb 29, 2024
  • HNW clients · 330 to 379
    Feb 8, 2024 to Feb 29, 2024
  • Individual clients · 1,665 to 1,611
    Feb 8, 2024 to Feb 29, 2024
  • Pension plan clients · 4 to 10
    Feb 8, 2024 to Feb 29, 2024
  • Employees · 46 to 44
    Feb 8, 2024 to Feb 29, 2024
Signals
10 dated events
  • Steven Gregory Price left Cl Wealth Management Llc for Sb Advisory, Llc (registered 2026-03-17)
    Mar 3, 2026 · Advisor changed firm · fact
  • Chiam Alexander Markowits (Manager) no longer on Schedule A of Cl Wealth Management Llc (listed 2024-02-29, absent 2024-05-02)
    May 2, 2024 · Control person left · inference
  • 2 advisors left SB Advisory, LLC (Atlanta, GA) for CL Wealth Management LLC on the same day
    Jan 4, 2023 · Team lift-out · derived
  • Timothy Bernard Woods left Cl Wealth Management Llc for William Blair & Company L.L.C. (registered 2022-03-02)
    Mar 24, 2022 · Advisor changed firm · fact
  • William Paul Boscow left Cl Wealth Management Llc for Asteria Wealth Llc (registered 2022-04-11)
    Mar 11, 2022 · Advisor changed firm · fact
  • Cl Wealth Management Llc reported RAUM $399.6M, up 65% from $242.9M (2020-01-03 to 2020-02-14)
    Feb 14, 2020 · RAUM change · derived
  • Bjorn Jordan (Cco) appeared on Schedule A of Cl Wealth Management Llc
    Feb 14, 2020 · Control person joined · fact
  • Farrell Roger Leibowitz (President) appeared on Schedule A of Cl Wealth Management Llc
    Feb 14, 2020 · Control person joined · fact
  • Howard Davis (Cco) no longer on Schedule A of Cl Wealth Management Llc (listed 2020-01-03, absent 2020-02-14)
    Feb 14, 2020 · Control person left · inference
  • Michael Craig Gould (President) no longer on Schedule A of Cl Wealth Management Llc (listed 2020-01-03, absent 2020-02-14)
    Feb 14, 2020 · Control person left · inference
Across DFX
shared identifiers only, never a name match
No identifier-backed link to the venture, private equity, family office or sponsor graphs.
How to reach
public business contact points only, each with its source
Business phone
404-393-5800reportedpublished by the firm, firm site, Sep 16, 2026
Business phone
404-969-1214reportedpublished by the firm, firm site, Sep 16, 2026
Business phone
888-992-2268reportedpublished by the firm, firm site, Sep 16, 2026
Website
pivotalwm.comreportedpublic record, Form ADV, Sep 17, 2026
Principal office phone
212-388-6200reportedpublic record, Form ADV, Aug 20, 2026
Contact form
pivotalwm.com/contact-forms-2reportedpublished by the firm, firm site, Sep 16, 2026
Provenance
Form ADV
SEC filing data 2011 to 2024 and the monthly roster 2025 onreportedadviserinfo.sec.gov
Advisors
IAPD individual compilation feed, dailyreportedadviserinfo.sec.gov
Class
Independent wealth managerderiveda rule over Items 5.D and 7.A
RAUM per advisor
$17.5Mderivedfirm RAUM over the IAPD count; not a book size
Loaded
Sep 14, 2026