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CIC Wealth
CIC Wealth was founded in 1999 and is headquartered in Rockville, Maryland, serving clients across the greater Washington D.C. metropolitan region.
CIC Wealth
CIC Wealth was founded in 1999 and is headquartered in Rockville, Maryland, serving clients across the greater Washington D.C. metropolitan region. The firm operates as a registered investment adviser, a structure that imposes a fiduciary duty to act in clients' best interests. Its client base spans individuals, high-net-worth families, and business entities, a cross-section typical of independent advisory shops anchored in affluent suburban corridors. The firm's core offering integrates investment advisory services, comprehensive financial planning, retirement planning, and discretionary portfolio management. As a boutique RIA, CIC Wealth constructs client portfolios that can include individual equities, bonds, mutual funds, and exchange-traded funds, with asset allocation driven by client-specific goals rather than a house model. The firm draws on the dense professional-services ecosystem of the D.C. suburbs, where a concentration of federal employees, contractors, and professional-services executives creates a steady demand for retirement and tax-aware planning. The firm maintains its primary office in Rockville and lists no additional locations, suggesting a deliberate focus on personal relationships within its home geography rather than a multi-state expansion strategy. In May 2024, the firm updated its regulatory disclosures, reaffirming its status as a fiduciary adviser. Its longevity — over 25 years — signals an established local presence in a market characterized by high turnover among wirehouse and bank-affiliated advisors. CIC Wealth's structural differentiator is its independence. Unlike advisors operating under a broker-dealer that permits commission-based transactions, a registered investment adviser is legally bound to a fiduciary standard, eliminating the conflict inherent in dual-registration models. For clients comparing advisory options in the Maryland suburbs, this regulatory posture is a tangible governance feature, not marketing language.
General information
Firm type
Bank / Wealth / Trust
Year founded
1999
AUM
Undisclosed
Location
Region
North America
Country
United States
City
Rockville
Corporate office
Rockville, MD, United States
Frequently asked questions
What is CIC Wealth's regulatory structure and what does it mean for clients?
CIC Wealth operates as a registered investment adviser (RIA) regulated by the SEC or state securities authorities. RIAs are legally bound by a fiduciary duty, meaning the firm must act in the best interests of its clients and disclose material conflicts of interest. This structure contrasts with broker-dealers, who operate under a suitability standard that permits commission-based product sales alongside advisory services.
How does CIC Wealth charge for its services?
As a registered investment adviser, CIC Wealth primarily charges fees based on a percentage of assets under management, although flat fees or hourly arrangements may also be available. The firm's Form ADV — the public disclosure filing all RIAs must maintain — details its specific fee schedule. Prospective clients can request this document directly from the firm or access it via the SEC's Investment Adviser Public Disclosure database.
What types of clients does CIC Wealth serve?
CIC Wealth serves individuals, high-net-worth individuals, and businesses. The firm's geographic concentration in the Washington D.C. metro area likely draws from professionals in government, federal contracting, legal services, and healthcare. This client composition shapes the firm's planning emphasis on tax-aware investing, retirement income strategies, and succession planning for professional-services firm owners.
Is CIC Wealth an independent firm or part of a larger financial institution?
CIC Wealth is an independent registered investment adviser, not a division of a bank, wirehouse, or insurance company. Founded in 1999, the firm has maintained its independent structure for over 25 years. Independence means the firm selects investment products and managers without pressure to promote proprietary funds or meet sales quotas — a structural feature that aligns the firm's incentives with client outcomes.
Does CIC Wealth hold client assets directly or use an independent custodian?
Like nearly all registered investment advisers, CIC Wealth does not hold client assets directly. It uses an independent qualified custodian — typically a major institution such as Charles Schwab, Fidelity, or Pershing — to safeguard client funds. This separation between advisory and custody functions is a foundational investor protection in the RIA model, ensuring clients always maintain legal ownership of their assets independent of the advisor.
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
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