CM Wealth Advisors provides financial planning, portfolio management for individuals and small businesses, portfolio management for pooled vehicles, portfolio management for institutions, selecting other managers, and educational seminars. Financial planning was provided to 101–250 clients last fiscal year. The firm advises 30 private funds.
CM Wealth Advisors reports 244 clients. They include 131 high-net-worth individuals, 73 individual clients and 29 pooled investment vehicles. Of its assets, 95.4% ($3.43B across 670 accounts) are managed with discretion; $166M across 10 accounts are not. It advised 5 clients without assets under management last fiscal year.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 30% | <1% |
| High-net-worth individuals | 54% | 50% |
| Pooled investment vehicles | 12% | 43% |
| Charitable organizations | 5% | 7% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 73 | $14.2M | 0.4% | $195K |
| High-net-worth individuals | 131 | $1.79B | 49.7% | $13.6M |
| Pooled investment vehicles | 29 | $1.55B | 43.1% | $53.5M |
| Charitable organizations | 11 | $246M | 6.8% | $22.4M |
| Total | 244 | $3.6B | 100% | $14.7M |
- Clients
- 73
- Regulatory AUM
- $14.2M
- AUM share
- 0.4%
- Avg. per client
- $195K
- Clients
- 131
- Regulatory AUM
- $1.79B
- AUM share
- 49.7%
- Avg. per client
- $13.6M
- Clients
- 29
- Regulatory AUM
- $1.55B
- AUM share
- 43.1%
- Avg. per client
- $53.5M
- Clients
- 11
- Regulatory AUM
- $246M
- AUM share
- 6.8%
- Avg. per client
- $22.4M
Total
- Clients
- 244
- Regulatory AUM
- $3.6B
- AUM share
- 100%
- Avg. per client
- $14.7M
- Clients outside the U.S.
- 0%
- Clients advised without assets under management last fiscal year
- 5
- Private funds advised
- 30
- Financial planning clients last fiscal year
- 101–250
CM Wealth Advisors is paid through a percentage of assets under management, hourly charges, fixed fees (other than subscription fees) and other compensation. The reviewed brochures do not disclose an asset-based fee rate. Read the SEC-filed brochure. The brochure also prices 3 other services, listed under fee details.
Fee details and sources
Other fees
- Investment Advisory Services (IAS / CIO)
- Annual fee of 0.25% to 1.25% of assets under management, which may be negotiable or set on a fixed fee basis.
- Wealth Management Advisory Services (WMAS)
- Annual program fee with a base fee of 0.20% to 1.25% of assets under management, which may be negotiable or set on a fixed fee basis.
- Wealth Management and Investment Advisory Services (WMIAS)
- Annual program fee that is negotiable or set on a fixed fee basis; the brochure states no percentage.
The leadership team of CM Wealth Advisors includes Chief Investment Officer Paul Bodnar, Chief Operating Officer Douglas Smorag and Chief Financial Officer Neal Colby. It has 24 employees, 11 of them in advisory roles.
Leadership
- Neal ColbyChief Financial Officer & Chief Compliance Officer
- Douglas SmoragChief Operating Officer
- Paul BodnarChief Investment Officer & CEO
- Aileen BostChief Client Officer
- Benjamin WallaceDirector of Investments
- Robert McCreerySenior Client Advisor
- Cynthia ReschSenior Investment Strategist
- James WertSenior Client Advisor
- Gary IsakovSenior Client Advisor
Investment adviser representatives
5 representatives listed in the SEC register as of 9 October 2026.
- Aileen Patricia Bost
- Nicholas James Evans
- Amy Ruth Lorius
- Douglas John Smorag
- Benjamin Wallace
Staff
- 24 employees
- 11 in advisory functions
- 4 state-registered reps
- Owns 10% to 25% of CM Wealth Advisors LLC
Neal Colby
Control person · since March 2018
- Owns 10% to 25% of CM Wealth Advisors LLC
Robert McCreery
Control person · since July 2021
- Owns 10% to 25% of CM Wealth Advisors LLC
Paul Bodnar
Control person · since July 2023
- Owns 10% to 25% of CM Wealth Advisors LLC
Aileen Bost
Control person · since January 2024
- Owns 5% to 10% of CM Wealth Advisors LLC
Douglas Smorag
Control person · since January 2018
- Owns 5% to 10% of CM Wealth Advisors LLC
Cynthia Resch
since January 2025
- Owns 5% to 10% of CM Wealth Advisors LLC
Benjamin Wallace
since January 2025
- Owns 5% to 10% of CM Wealth Advisors LLC
James Wert
since January 2025
- Owns 5% to 10% of CM Wealth Advisors LLC
Gary Isakov
Control person · since December 2025
CM Wealth Advisors’ regulatory assets grew from $3.04B (July 2021) to $3.6B (March 2026); clients rose from 170 to 244 and employees from 20 to 24.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | Employees | Offices |
|---|---|---|---|---|
| March 2026 | $3.6B | 244 | 24 | 1 |
| March 2025 | $3.4B | 218 | 22 | 1 |
| July 2024 | $3.24B | 206 | 23 | 1 |
| July 2023 | $2.98B | 197 | 22 | 1 |
| March 2022 | $3.53B | 179 | 21 | 1 |
| July 2021 | $3.04B | 170 | 20 | 1 |
Besides its headquarters, CM Wealth Advisors has 0 offices, with 1 listed address in Ohio.
Ohio · 1 listed address
- 2000 Auburn Drive, Suite 400, BeachwoodHQ
Contact and registration details
- Legal name
- CM Wealth Advisors LLC
- Headquarters
- 2000 Auburn Drive, Suite 400, Beachwood, OH 44122-4327
- Website
- cmwealthadvisors.com
- Phone
- 216-831-9667
- @cm-wealth-advisors
- SEC file
- 801-62376
- Structure
- Ohio LLC
- Fiscal year end
- December
CM Wealth Advisors uses BNY Mellon ($3.25B, 94%) and Key Bank NA ($225M, 6%) as custodians for its separately managed accounts. CM Wealth Advisors has custody of $3.48B in client assets for 244 clients.
- BNY MellonBNY Mellon · Boston, MA · $3.25B94%
- Key Bank NAKey Bank NA · Cleveland, OH · $225M6%
At year end, CM Wealth Advisors’ separately managed accounts were mostly in funds (61%). Its reported 13F holdings for the quarter ended 30 June 2026 total $554M across 194 positions; the largest are iShares TR (15.9%), iShares TR (13.3%) and State Str SPDR Dow Jones Ind (10.0%).
What the accounts hold
- Stocks7%
- Funds61%
- Bonds1%
- Cash2%
- Other29%
- Derivatives29%
Reported 13F holdings
- $554M
- Reported 13F value
- 194
- Positions
- 67.9%
- In the 10 largest
- +18.1%
- Value vs. prior quarter
- iShares TR · S&P 100 ETF15.9%
- iShares TR · Core S&P500 ETF13.3%
- State Str SPDR Dow Jones Ind · UT Ser 110.0%
- Lincoln Elec Hldgs Inc.6.5%
- Vanguard Index Fds · S&P 500 ETF Shs4.9%
- iShares TR · Rus 1000 Val ETF4.1%
- Nvidia Corporation3.7%
- Invesco Exchange Traded FD T · S&P 100 Eql Wigh3.7%
- Vanguard Specialized Funds · Div App ETF3.5%
- Apple Inc.2.1%
Together, the ten largest are 67.9% of reported value.
How many clients does CM Wealth Advisors have?
CM Wealth Advisors has 244 clients and manages $3.6 billion for them, as of March 2026. They include 131 high-net-worth individuals, 73 individual clients and 29 pooled investment vehicles.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 24 March 2026
What services does CM Wealth Advisors offer?
CM Wealth Advisors provides financial planning, portfolio management for individuals and small businesses, portfolio management for pooled vehicles, portfolio management for institutions, selecting other managers, and educational seminars.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
Which custodians does CM Wealth Advisors use?
CM Wealth Advisors’ separately managed account assets are held at BNY Mellon (Boston, MA), with $3.25B and Key Bank NA (Cleveland, OH), with $225M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 24 March 2026
How many financial advisors does CM Wealth Advisors have?
CM Wealth Advisors has 4 investment adviser representatives registered with state securities authorities, out of 24 employees, and 11 perform investment advisory functions. None are registered representatives of a broker-dealer or licensed insurance agents.
Source: Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file
What does CM Wealth Advisors invest in?
At the end of its last fiscal year, CM Wealth Advisors’ separately managed accounts held 61% pooled vehicles (private funds and similar), 29% derivatives, 7% exchange-traded equities, 2% cash and equivalents and 1% state and local bonds. It advises 30 private funds.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns CM Wealth Advisors?
CM Wealth Advisors’ direct owners are Douglas Smorag, Neal Colby, Robert McCreery, Paul Bodnar, Aileen Bost, Cynthia Resch, Benjamin Wallace, James Wert and Gary Isakov, each holding 25% or less.
Source: Form ADV Part 1A, Schedules A and B, filed 24 March 2026
How does CM Wealth Advisors get paid?
CM Wealth Advisors is paid through a percentage of assets under management, hourly charges, fixed fees and other compensation. Its Form ADV lists no commissions or performance-based fees among how it is paid.
Source: Form ADV Part 1A, Item 5.E, from the SEC's 2 October 2026 data file
Is CM Wealth Advisors registered with the SEC?
Yes, CM Wealth Advisors has been registered with the SEC as an investment adviser since 15 October 2003. Its CRD number is 119467 and its SEC file number is 801-62376.
Source: Form ADV Part 1A, Item 1, filed 24 March 2026; IAPD firm record
How do I contact CM Wealth Advisors?
CM Wealth Advisors’ main office is at 2000 Auburn Drive, Suite 400, Beachwood, OH 44122-4327. Its phone number is 216-831-9667. Its website is cmwealthadvisors.com.