{
  "crd_number": 286002,
  "slug": "cbiz-investment-advisory-services-llc-cleveland-oh-286002",
  "primary_business_name": "CBIZ INVESTMENT ADVISORY SERVICES, LLC",
  "legal_name": "CBIZ INVESTMENT ADVISORY SERVICES, LLC",
  "dbas": [
    "THE INR TEAM OF CBIZ IAS"
  ],
  "city": "Cleveland",
  "state": "OH",
  "country": "United States",
  "cbsa_code": "17410",
  "metro": {
    "cbsa_code": "17410",
    "common_name": "Cleveland",
    "msa_name": "Cleveland, OH",
    "path": "/advisors/oh/cleveland"
  },
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "2017-02-08",
  "years_registered": 9,
  "period": "2026-10-01",
  "filing_date": "2026-03-20",
  "carried_forward": false,
  "raum_total": 12762169497.0,
  "raum_discretionary": 12762169497.0,
  "raum_non_discretionary": 0.0,
  "raum_band": "over_5b",
  "raum_band_label": "Over $5 billion",
  "total_employees": 93,
  "advisory_employees": 87,
  "client_count_bucket": null,
  "clients_by_type": {
    "other": {
      "raum": 1776022589.0,
      "count": 68,
      "description": "CHURCHES, SCHOOLS"
    },
    "charitable": {
      "raum": 70491107.0,
      "count": 14
    },
    "individuals": {
      "raum": 311966015.0,
      "count": 1382
    },
    "banking_thrift": {
      "raum": 177769017.0,
      "count": 16
    },
    "state_municipal": {
      "raum": 1826003517.0,
      "count": 243
    },
    "pension_profit_sharing": {
      "raum": 8156641854.0,
      "count": 730
    },
    "high_net_worth_individuals": {
      "raum": 415170191.0,
      "count": 383
    },
    "corporations_other_businesses": {
      "raum": 28105207.0,
      "count": 14
    }
  },
  "compensation_types": [
    "fixed",
    "hourly",
    "other",
    "percentage_of_aum"
  ],
  "advisory_activities": [
    "educational_seminars",
    "financial_planning",
    "other",
    "pension_consulting",
    "portfolio_management_businesses_institutional",
    "portfolio_management_individuals",
    "portfolio_management_pooled_vehicles",
    "selection_of_other_advisers"
  ],
  "wrap_fee_participant": true,
  "disclosure_yes_count": 0,
  "states_registered": [
    "AK",
    "AL",
    "AR",
    "AZ",
    "CA",
    "CO",
    "CT",
    "DC",
    "DE",
    "FL",
    "GA",
    "HI",
    "IA",
    "ID",
    "IL",
    "IN",
    "KS",
    "KY",
    "LA",
    "MA",
    "MD",
    "ME",
    "MI",
    "MN",
    "MO",
    "MS",
    "MT",
    "NC",
    "ND",
    "NE",
    "NH",
    "NJ",
    "NM",
    "NV",
    "NY",
    "OH",
    "OK",
    "OR",
    "PA",
    "PR",
    "RI",
    "SC",
    "TN",
    "TX",
    "UT",
    "VA",
    "VT",
    "WA",
    "WI",
    "WV",
    "WY"
  ],
  "websites": [],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/286002",
  "city_as_filed": "CLEVELAND",
  "url": "https://advisorcensus.com/firm/cbiz-investment-advisory-services-llc-cleveland-oh-286002",
  "display_name": "Cbiz Investment Advisory Services, LLC",
  "summary": "Cbiz Investment Advisory Services, LLC is an SEC-registered investment advisory firm in Cleveland, OH, registered since 2017, reporting over $5 billion in regulatory assets under management in its Form ADV filing dated March 20, 2026.",
  "citation": "AdvisorCensus. Cbiz Investment Advisory Services, LLC (CRD 286002): Form ADV filing data as of October 2026.",
  "registration_type_label": "SEC-registered investment adviser",
  "compensation_labels": [
    "A percentage of assets under your management",
    "Hourly charges",
    "Fixed fees (other than subscription fees)",
    "Other"
  ],
  "advisory_activity_labels": [
    "Financial planning services",
    "Portfolio management for individuals and/or small businesses",
    "Portfolio management for pooled investment vehicles (other than investment companies)",
    "Portfolio management for businesses (other than small businesses) or institutional clients",
    "Pension consulting services",
    "Selection of other advisers (including private fund managers)",
    "Educational seminars/workshops",
    "Other"
  ],
  "quick_answers": [
    {
      "q": "How is Cbiz Investment Advisory Services, LLC compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), Cbiz Investment Advisory Services, LLC reports these compensation arrangements: a percentage of assets under its management; hourly charges; fixed fees (other than subscription fees); other."
    },
    {
      "q": "What does Cbiz Investment Advisory Services, LLC's brochure say about its fees?",
      "a": "Its Form ADV Part 2A brochure dated March 20, 2026 states: Asset-based fee: 0.1% to 2% a year (a range, as the brochure states it). Fees can differ by service and may be negotiable; the brochure is the complete statement."
    },
    {
      "q": "Where is Cbiz Investment Advisory Services, LLC located?",
      "a": "Cbiz Investment Advisory Services, LLC's principal office is in Cleveland, OH, according to its Form ADV; the April 2026 filing also lists 21 other offices (Schedule D, Section 1.F)."
    },
    {
      "q": "Is Cbiz Investment Advisory Services, LLC registered with the SEC or a state?",
      "a": "Cbiz Investment Advisory Services, LLC is an SEC-registered investment advisory firm, registered since 2017. Status as filed: Approved. CRD 286002."
    },
    {
      "q": "How much does Cbiz Investment Advisory Services, LLC manage?",
      "a": "Cbiz Investment Advisory Services, LLC reports $12,762,169,497 in regulatory assets under management in its Form ADV filing dated March 20, 2026 (100% discretionary)."
    },
    {
      "q": "How have Cbiz Investment Advisory Services, LLC's assets and staff changed since 2021?",
      "a": "In the Form ADV data for Cbiz Investment Advisory Services, LLC: Regulatory assets under management: $6,731,651,600 in the October 2021 data and $12,762,169,497 in the October 2026 data, up 90%. Total employees: 89 in October 2021 and 93 in October 2026. Assets under management move with markets as well as with clients coming and going."
    },
    {
      "q": "What types of clients does Cbiz Investment Advisory Services, LLC serve?",
      "a": "By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (1,382); pension and profit sharing plans (but not the plan participants or government pension plans) (730); high net worth individuals (383)."
    },
    {
      "q": "Which custodians does Cbiz Investment Advisory Services, LLC use?",
      "a": "Cbiz Investment Advisory Services, LLC's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Charles Schwab & Co., Inc., Empower Financial Services, Inc., Fidelity Investments, TIAA Asset Management and Voya Financial as custodians holding 10% or more of its separately managed account assets."
    },
    {
      "q": "Does Cbiz Investment Advisory Services, LLC report any disciplinary disclosures?",
      "a": "Reports no disclosure items on Form ADV Item 11. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/286002"
    },
    {
      "q": "What changed in Cbiz Investment Advisory Services, LLC's recent Form ADV filings?",
      "a": "In the April 2026 filing data: Employees performing advisory functions went from 80 to 87. Regulatory assets under management went from $10,491,932,749 to $12,762,169,497 (+22%). Added an office in Chicago, IL. Added an office in Irving, TX. Added an office in Providence, RI. Added an office in Roanoke, VA. No longer lists an office in Boston, MA. No longer lists an office in Pleasant Hill, CA. No longer lists an office in Tucson, AZ."
    }
  ],
  "filing_history": [
    {
      "period": "2021-10-01",
      "regulatory_assets_under_management": 6731651600.0,
      "total_employees": 89,
      "filing_date": "2021-09-14"
    },
    {
      "period": "2022-10-01",
      "regulatory_assets_under_management": 7051197065.0,
      "total_employees": 89,
      "filing_date": "2022-07-01"
    },
    {
      "period": "2023-10-01",
      "regulatory_assets_under_management": 6453176238.0,
      "total_employees": 91,
      "filing_date": "2023-04-10"
    },
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": 8859446751.0,
      "total_employees": 94,
      "filing_date": "2024-08-09"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 10491932749.0,
      "total_employees": 86,
      "filing_date": "2025-03-27"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 12762169497.0,
      "total_employees": 93,
      "filing_date": "2026-03-20"
    }
  ],
  "recent_changes": [
    {
      "period": "2026-04-01",
      "period_label": "April 2026",
      "notes": [
        "Employees performing advisory functions went from 80 to 87.",
        "Regulatory assets under management went from $10,491,932,749 to $12,762,169,497 (+22%).",
        "Added an office in Chicago, IL.",
        "Added an office in Irving, TX.",
        "Added an office in Providence, RI.",
        "Added an office in Roanoke, VA.",
        "No longer lists an office in Boston, MA.",
        "No longer lists an office in Pleasant Hill, CA.",
        "No longer lists an office in Tucson, AZ."
      ]
    }
  ],
  "fees_from_brochure": {
    "source": "Form ADV Part 2A brochure dated March 20, 2026",
    "tiers": [],
    "flat_rate": null,
    "stated_range": "0.1% to 2% a year",
    "stated_maximum": null,
    "account_minimum": null,
    "account_minimum_may_be_waived": false,
    "minimum_annual_fee": null,
    "figures": [
      {
        "label": "Asset-based fee",
        "statements": [
          "Asset-based fee: 0.1% to 2% a year (a range, as the brochure states it)"
        ],
        "quotes": [
          "Our fees generally range from 0.10% – 2.0% and include fees payable to CBIZ IAS.",
          "The InR Team’s annual investment advisory fee shall vary from 0.10% - 2.0% of the total assets placed under the InR Team management/advisement"
        ]
      }
    ],
    "quotes": [
      "Our fees generally range from 0.10% – 2.0% and include fees payable to CBIZ IAS.",
      "The InR Team’s annual investment advisory fee shall vary from 0.10% - 2.0% of the total assets placed under the InR Team management/advisement"
    ],
    "note": "As stated in the firm's brochure; fees can differ by service and may be negotiable."
  },
  "custodians": [
    {
      "name": "Charles Schwab & Co., Inc.",
      "name_as_filed": "CHARLES SCHWAB & CO., INC.",
      "affiliated": false
    },
    {
      "name": "Empower Financial Services, Inc.",
      "name_as_filed": "EMPOWER FINANCIAL SERVICES, INC.",
      "affiliated": false
    },
    {
      "name": "Fidelity Investments",
      "name_as_filed": "FIDELITY INVESTMENTS",
      "affiliated": false
    },
    {
      "name": "TIAA Asset Management",
      "name_as_filed": "TIAA ASSET MANAGEMENT",
      "affiliated": false
    },
    {
      "name": "Voya Financial",
      "name_as_filed": "VOYA FINANCIAL",
      "affiliated": false
    }
  ],
  "custodians_note": "Custodians holding 10% or more of the firm's separately managed account assets, as filed on Form ADV (Schedule D, Section 5.K(3)). A custodian holds client assets; it does not endorse or supervise the firm. AdvisorCensus has no relationship with any custodian.",
  "markdown_url": "https://advisorcensus.com/firm/cbiz-investment-advisory-services-llc-cleveland-oh-286002.md",
  "clients": [
    {
      "type": "individuals",
      "label": "Individuals (other than high net worth individuals)",
      "count": 1382,
      "fewer_than_5": false,
      "raum": 311966015.0
    },
    {
      "type": "high_net_worth_individuals",
      "label": "High net worth individuals",
      "count": 383,
      "fewer_than_5": false,
      "raum": 415170191.0
    },
    {
      "type": "banking_thrift",
      "label": "Banking or thrift institutions",
      "count": 16,
      "fewer_than_5": false,
      "raum": 177769017.0
    },
    {
      "type": "pension_profit_sharing",
      "label": "Pension and profit sharing plans (but not the plan participants or government pension plans)",
      "count": 730,
      "fewer_than_5": false,
      "raum": 8156641854.0
    },
    {
      "type": "charitable",
      "label": "Charitable organizations",
      "count": 14,
      "fewer_than_5": false,
      "raum": 70491107.0
    },
    {
      "type": "state_municipal",
      "label": "State or municipal government entities (including government pension plans)",
      "count": 243,
      "fewer_than_5": false,
      "raum": 1826003517.0
    },
    {
      "type": "corporations_other_businesses",
      "label": "Corporations or other businesses not listed above",
      "count": 14,
      "fewer_than_5": false,
      "raum": 28105207.0
    },
    {
      "type": "other",
      "label": "Other",
      "count": 68,
      "fewer_than_5": false,
      "raum": 1776022589.0
    }
  ],
  "disclosure_line": "Reports no disclosure items on Form ADV Item 11.",
  "disclosure_items": [],
  "indexable": true,
  "suppressed": false,
  "claimed": false,
  "enhanced": false,
  "provided_by_the_firm": null,
  "source": {
    "name": "Form ADV",
    "as_of": "2026-10-01",
    "iapd_url": "https://adviserinfo.sec.gov/firm/summary/286002",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}