Cnl Bank Wealth Managment (Orlando)

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

Cnl Bank Wealth Managment is a large advisory firm based in Orlando. It manages $808 million of regulatory assets for 238 client accounts. It has been registered with the SEC as an adviser since 2007 and has operated in the jurisdictions of Alabama, Florida, and Ohio.

Cnl Bank Wealth Managment 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 50 clients. On top of advisory services, the firm doesn't engage in other business activities.

Cnl Bank Wealth Managment: assets under management

The assets under management (AUM) of Cnl Bank Wealth Managment is $808 million. The firm's AUM has grown by 51% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $781 million in discretionary accounts and $27 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $3.31 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $13.5 million.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Cnl Bank Wealth Managment for their services and products based on a percentage of assets under management 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 Cnl Bank Wealth Managment

Lance Clarke Lemons has been acting as President since 1 May 2006. Inc. Cnl Bankshares joined the executive team most recently as the Member.

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

Based in Orlando

The principal office where Cnl Bank Wealth Managment 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.