Multi-Family OfficeRIA · CRD 316838SEC-Registered

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CM Wealth Advisors

Bill O'Neill, Jr. established CM Wealth Advisors in 1983. The firm operates as a multi-family office from Beachwood, Ohio, and provides investment management,...

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CM Wealth Advisors

Bill O'Neill, Jr. established CM Wealth Advisors in 1983. The firm operates as a multi-family office from Beachwood, Ohio, and provides investment management, estate planning, and family governance services. The firm allocates across private equity, private credit, venture capital, and hedge funds. It maintains a direct co-investment program and partners with niche managers. Confirmed holdings include Olea Edge Analytics as a minority owner and CMWA PRIVATE EQUITY 2024-25 LLC as manager. Geographic reach covers North America with indicated exposure to Europe. Public market positions include Nvidia and Microsoft held through Edgewood. The firm employs professionals including Paul Bodnar as CIO, Douglas J. Smorag as COO, and Neal B. Colby as CFO. It maintains board roles at The MetroHealth Foundation, Sisters of Charity Health Systems, and the William J. and Dorothy K. O’Neill Foundation, which distributes about $3 million annually. No operational events from the last 24 months appear in available records. CM Wealth Advisors functions as a registered investment advisor with notice filings across multiple states. Its structure centers on personalized mandates for multiple families rather than a single lineage, with separate philanthropic vehicles tied to the founder.

General information

Firm type

Multi Family Office

Year founded

1983

AUM

Undisclosed

Location

Region

North America

Country

United States

City

Beachwood

Corporate office

2000 Auburn Drive Suite 400, Beachwood, OH 44122, United States

Principals

Paul Bodnar

CIO and Partner

Gary G. Isakov

Senior Client Advisor and Partner

Douglas J. Smorag

Chief Operating Officer

Neal B. Colby

CFO and CCO

Aileen P. Werklund

Chief Client Officer

Altss tracks 1 additional named team member for this firm — including direct investment leads, IR, and operating principals not listed on the public website.

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Sector focus

Private EquityVenture CapitalEnergy Transition & RenewablesAI/MLDigital Health

Frequently asked questions

Who runs investment decisions at CM Wealth Advisors?

Paul Bodnar serves as CIO and Partner. Douglas J. Smorag acts as COO and Ben Wallace holds the role of Director of Investments and Partner.

Does CM Wealth Advisors participate in fund commitments or only direct deals?

The firm runs both fund-of-funds allocations and a direct co-investment program alongside lead sponsors.

What investment stages does CM Wealth Advisors typically target?

The firm targets venture capital stages with confirmed interest in early-stage and growth opportunities.

Where does the underlying wealth come from?

The firm serves multiple high-net-worth families without a single disclosed wealth origin tied to one branch.

Does CM Wealth Advisors maintain philanthropic structures?

Yes. The William J. and Dorothy K. O’Neill Foundation, co-founded by Bill O'Neill, Jr., distributes roughly $3 million in grants each year.

How does CM Wealth Advisors source proprietary deal flow?

The firm partners with niche managers and participates in local networks such as the Cleveland Area Family Office Exchange and Smart Business Dealmakers events.

Is CM Wealth Advisors structured as a single family office or does it operate more like a venture firm?

It operates as a multi-family office with venture exposure through direct co-investments and fund commitments rather than a pure venture firm model.

Profile maintained by 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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