Cb & H Business Services, LLC (Augusta)

Cb & H Business Services, LLC is a large advisory firm based in Augusta. It manages $251.81 million of regulatory assets for 1,219 client accounts. It has been registered with the SEC as an adviser since 2005 and has operated in the jurisdictions of Florida, Georgia, North Carolina, and 3 other states.

Cb & H Business Services provides financial planning services, portfolio management for individuals and small businesses, and portfolio management for pooled investment vehicles. It prepares financial plans for less than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.

Cb & H Business Services: assets under management

The assets under management (AUM) of Cb & H Business Services, LLC is $251.81 million. The firm's AUM has grown by 242% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $247.57 million in discretionary accounts and $4.24 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $204.61 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $470.85 thousand.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Cb & H Business Services, LLC for their services and products based on a percentage of assets under management, hourly charges, and fixed fees. Flat-fee based compensation is the most transparent and the one you can safely predict in advance. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

Careers at Cb & H Business Services, LLC

John Douglass Cates has been acting as President since 1 Aug 1998. David Bruce Richards joined the executive team most recently as the President.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
John Douglass Cates	President	1 Aug 1998	Other	4006828
Llp Cherry Bekaert & Holland	Parent company	1 Aug 1998	75% - 100%	56-0574444
Mark Timothy Maund	Secretary	1 Nov 1999	Other	3012539
Mark Timothy Maund	Vice president, secretary & chief compliance officer	1 Feb 2000	Other	3012539
David Bruce Richards	Vice president/cco	1 Jan 2004	Other	2462119
David Bruce Richards	President	1 Oct 2007	Other	2462119

Based in Augusta

The principal office where Cb & H Business Services, LLC performs its advisory services is located at 1029 Greene Street, Augusta, GA 30901, which is also the mailing address of the firm. An additional office of the firm is in Hilton Head, SC. It doesn’t run an office outside of the United States.