Cnlbank Wealth Management (Orlando)

Name: Cnlbank Wealth Management
Address: 450 South Orange Ave. 4 Th Floor Cnl Center, Orlando, FL, 32801
Telephone: 407-244-3100

Cnlbank Wealth Management is a large advisory firm based in Orlando. It manages $718 million of regulatory assets for 1,053 client accounts. It has been registered with the SEC as an adviser since 2009 and has operated in the jurisdictions of Alabama, Arkansas, Florida, and Ohio.

Cnlbank Wealth Management provides financial planning services, portfolio management for individuals and small businesses, and portfolio management for pooled investment vehicles. It prepares financial plans for more than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.

Cnlbank Wealth Management: assets under management

The assets under management (AUM) of Cnlbank Wealth Management is $718 million. The firm's AUM has grown by 7% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $710 million in discretionary accounts and $8 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $681.38 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $727.27 thousand.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Cnlbank Wealth Management 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.

Careers at Cnlbank Wealth Management

Lance Clarke Lemons has been acting as President since 1 May 2006. Stephen Armfield Curley joined the executive team most recently as the Vice President.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Inc. Cnl Bankshares	Member	1 May 2006	75% - 100%	59-3544720
Lance Clarke Lemons	President	1 May 2006	Other	2740208
Christopher Henry Hylen	Vice president & chief compliance officer	1 May 2006	Other	2298614
Stephen Armfield Curley	Vice president	1 Feb 2010	Other	4684173

Based in Orlando

The principal office where Cnlbank Wealth Management performs its advisory services is located at 450 South Orange Ave. 4 Th Floor Cnl Center, Orlando, FL 32801 The mailing address of the firm is P.O. Box 4932, Orlando, FL 32802 4932. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 407-244-3100 or by fax 407-992-4283. The normal business hours are 9 a.m. to 5 p.m. on Monday - Friday. You can find more information about the New York firm at www.cnlbank.com.