Cb&H Wealth Management Services, L.L.C. (Richmond)

Name: Cb&H Wealth Management Services, L.L.C.
Address: 200 South 10 Th Street, Richmond, VA, 23219
Telephone: 804-673-4224

Cb&H Wealth Management Services, L.L.C. is a large advisory firm based in Richmond. It manages $250.52 million of regulatory assets for 786 client accounts. It has been registered with the SEC as an adviser since 2008 and has operated in the jurisdictions of Florida, Georgia, North Carolina, and 3 other states.

Cb&H Wealth Management Services, L.L.C provides financial planning services, portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, pension consulting services, and selection of other advisers. It prepares financial plans for more than 250 clients. On top of advisory services, the firm doesn't engage in other business activities.

Cb&H Wealth Management Services, L.L.C: assets under management

The assets under management (AUM) of Cb&H Wealth Management Services, L.L.C. is $250.52 million. The firm's AUM has gone down by -1% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $243.7 million in discretionary accounts and $6.82 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $315.67 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $487.39 thousand.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Cb&H Wealth Management Services, L.L.C. for their services and products based on a percentage of assets under management, hourly charges, 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.

Careers at Cb&H Wealth Management Services, L.L.C.

David Bruce Richards has been acting as President since 1 Oct 2007. Tina Marie Leiter joined the executive team most recently as the Chief Compliance Officer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Llp Cherry Bekaert & Holland	Ultimate parent company/sole member	1 Aug 1998	75% - 100%	56-0574444
Cherry Bekaert Llp	Ultimate parent company/sole member	1 Aug 1998	75% - 100%	56-0574444
Mark Timothy Maund	Vice president, secretary & chief compliance officer	1 Feb 2000	Other	3012539
David Bruce Richards	President	1 Oct 2007	Other	2462119
Wesley Howell Watkins	President	1 Dec 2008	Other	2992098
Mark Aaron Young	Chief compliance officer	1 Jul 2010	Other	2750732
Tina Marie Leiter	Chief compliance officer	1 Oct 2011	Other	2223810

Based in Richmond

The principal office where Cb&H Wealth Management Services, L.L.C. performs its advisory services is located at 200 South 10 Th Street, Richmond, VA 23219, which is also the mailing address of the firm. An additional office of the firm is in Virginia Beach, VA. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 804-673-4224 or by fax 804-673-4290. The normal business hours are 8:00 am to 5:00 pm on Monday - Friday. You can find more information about the New York firm at www.cbh.com.