# CL Wealth Management

CL Wealth Management is an Asset Manager based in Schaumburg, United States.

## Overview

- **Organization type:** Asset Manager
- **Headquarters:** Schaumburg, United States
- **Region:** North America
- **Address:** Delray Beach, FL, United States
- **Founded:** 2006
- **Assets under management:** $100M - $300M (Altss estimate)
- **Website:** clwealth.com

## Regulatory record

- **CRD number:** 134922
- **SEC file number:** 801-72701
- **Registration status:** Registered
- **Reports private funds:** No
- **IAPD record:** https://adviserinfo.sec.gov/firm/summary/134922

## About

CL WEALTH MANAGEMENT LLC is an SEC-registered investment adviser in SCHAUMBURG, IL, registered since 2011. The firm manages $734 million in assets, with $375 million on a discretionary basis. It has 42 employees and 39 investment advisers.

## Sectors

- Wealth Management
- Financial Services

## People

- Christopher Lazzaro — Founder and President

## Questions

### What is Christopher Lazzaro's professional background before founding the firm?

Christopher Lazzaro is a Certified Public Accountant and holds a Series 65 license. He founded CL Wealth Management in 2006 and concurrently operates a separate CPA practice, Lazzaro & Associates CPA, which allows him to integrate investment management with the tax preparation and planning workflow for shared clients.

### How does CL Wealth Management construct client portfolios?

The firm builds customized portfolios using equities, fixed income, mutual funds, and ETFs. It does not manage proprietary funds or pooled investment vehicles. Allocations are made through individually managed accounts with allocations tailored to each client's tax situation, retirement timeline, and income needs.

### Where does CL Wealth Management custody client assets?

The specific custodian relationships are not named in publicly available filings. The firm follows standard independent-RIA practice by maintaining client accounts at major third-party custodian platforms, most commonly Charles Schwab, Fidelity, or Pershing for firms of this profile, though the actual custodian is not confirmed in the public record.

## Related profiles

- [Capital Markets IQ](https://altss.com/profile/capital-markets-iq-llc)
- [A Sling & a Stone](https://altss.com/profile/a-sling-and-a-stone-incorporated)

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Last updated: 2026-06-03T20:00:00.000Z

Canonical page: https://altss.com/profile/cl-wealth-management-llc

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