Asset Manager

Updated:

CBIZ

CBIZ, Inc. is an SEC-registered investment adviser in Cleveland, Ohio, registered since 2017. The firm manages approximately $12.8 billion in regulatory...

CBIZ

CBIZ, Inc. is an SEC-registered investment adviser in Cleveland, Ohio, registered since 2017. The firm manages approximately $12.8 billion in regulatory assets. It has 93 employees and 87 investment advisers.

Website
cbiz.com

General information

Firm type

Asset Manager

Year founded

1996

Location

Region

North America

Country

United States

City

Cleveland

Corporate office

Cleveland, OH, United States

Principals

Jerry Grisko

President & CEO

Sector focus

Business ServicesInsuranceFinancial Services

Frequently asked questions

Does CBIZ take principal investment positions in companies?

CBIZ generally does not act as a principal investor in private companies, real estate, or venture funds. Its business model earns fees from professional services rather than capital appreciation on an investment portfolio. The firm's balance sheet is used for acquisitions of advisory practices rather than proprietary investing.

How does CBIZ source its clients?

Client sourcing is largely driven by the partner relationships CBIZ inherits when it acquires regional accounting and insurance firms. These acquired firms bring their existing books of middle-market business clients, which the parent company supports with centralized technology, compliance, and cross-selling initiatives. The firm's pipeline is therefore deal-flow-driven through M&A rather than traditional marketing or wealth-management referral channels.

Is CBIZ related to a specific family wealth origin?

No. CBIZ is a publicly traded corporation formed through industry consolidation, not the management vehicle for a particular family's wealth. Its shareholding is dispersed among institutional investors, mutual funds, and public shareholders rather than concentrated in a founding family.

What does CBIZ's registered investment advisory arm do?

CBIZ Investment Advisory Services operates as a registered investment advisor providing fiduciary guidance primarily to corporate retirement plan sponsors. It advises on plan design, investment selection, and monitoring for 401(k) and similar employer-sponsored plans. It does not serve as a multi-family office or private wealth manager for high-net-worth individuals.

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