{
  "crd_number": 16678,
  "slug": "cbiz-retirement-plan-advisory-services-cleveland-oh-16678",
  "primary_business_name": "CBIZ RETIREMENT PLAN ADVISORY SERVICES",
  "legal_name": "CBIZ FINANCIAL SOLUTIONS, INC.",
  "dbas": [
    "CBIZ RETIREMENT PLAN ADVISORY SERVICES"
  ],
  "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": "1999-03-18",
  "years_registered": 27,
  "period": "2026-10-01",
  "filing_date": "2026-03-05",
  "carried_forward": false,
  "raum_total": 8873081.0,
  "raum_discretionary": 8873081.0,
  "raum_non_discretionary": 0.0,
  "raum_band": "under_25m",
  "raum_band_label": "Under $25 million",
  "total_employees": 19,
  "advisory_employees": 16,
  "client_count_bucket": null,
  "clients_by_type": {
    "pension_profit_sharing": {
      "raum": 8873081.0,
      "count": 11
    }
  },
  "compensation_types": [
    "commissions",
    "fixed",
    "hourly",
    "other",
    "percentage_of_aum"
  ],
  "advisory_activities": [
    "educational_seminars",
    "pension_consulting",
    "portfolio_management_businesses_institutional",
    "selection_of_other_advisers"
  ],
  "wrap_fee_participant": false,
  "disclosure_yes_count": 2,
  "states_registered": [
    "AZ",
    "CA",
    "CO",
    "CT",
    "DC",
    "FL",
    "IA",
    "IL",
    "IN",
    "KS",
    "MA",
    "MD",
    "MI",
    "MN",
    "MO",
    "NJ",
    "NV",
    "NY",
    "OH",
    "PA",
    "SC",
    "TN",
    "TX",
    "UT",
    "VA",
    "WV"
  ],
  "websites": [],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/16678",
  "disclosure_items": [
    {
      "item": "11.D(2)",
      "question": "Has another federal regulator, a state regulator, or a foreign financial regulator ever found that the firm or an advisory affiliate was involved in a violation of investment-related regulations or statutes?"
    },
    {
      "item": "11.E(2)",
      "question": "Has a self-regulatory organization or a commodities exchange ever found that the firm or an advisory affiliate was involved in a violation of its rules, other than a minor rule violation under a plan the SEC approved?"
    }
  ],
  "city_as_filed": "CLEVELAND",
  "url": "https://advisorcensus.com/firm/cbiz-retirement-plan-advisory-services-cleveland-oh-16678",
  "display_name": "Cbiz Retirement Plan Advisory Services",
  "summary": "Cbiz Retirement Plan Advisory Services is an SEC-registered investment advisory firm in Cleveland, OH, registered since 1999, reporting under $25 million in regulatory assets under management in its Form ADV filing dated March 5, 2026.",
  "citation": "AdvisorCensus. Cbiz Retirement Plan Advisory Services (CRD 16678): 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)",
    "Commissions",
    "Other"
  ],
  "advisory_activity_labels": [
    "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"
  ],
  "quick_answers": [
    {
      "q": "How is Cbiz Retirement Plan Advisory Services compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), Cbiz Retirement Plan Advisory Services reports these compensation arrangements: a percentage of assets under its management; hourly charges; fixed fees (other than subscription fees); commissions; other."
    },
    {
      "q": "What does Cbiz Retirement Plan Advisory Services' brochure say about its fees?",
      "a": "Its Form ADV Part 2A brochure dated March 5, 2026 states: Asset-based fee: 0.05% to 1.5% 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 Retirement Plan Advisory Services located?",
      "a": "Cbiz Retirement Plan Advisory Services' principal office is in Cleveland, OH, according to its Form ADV; the April 2026 filing also lists 6 other offices (Schedule D, Section 1.F)."
    },
    {
      "q": "Is Cbiz Retirement Plan Advisory Services registered with the SEC or a state?",
      "a": "Cbiz Retirement Plan Advisory Services is an SEC-registered investment advisory firm, registered since 1999. Status as filed: Approved. CRD 16678."
    },
    {
      "q": "How much does Cbiz Retirement Plan Advisory Services manage?",
      "a": "Cbiz Retirement Plan Advisory Services reports $8,873,081 in regulatory assets under management in its Form ADV filing dated March 5, 2026 (100% discretionary)."
    },
    {
      "q": "How have Cbiz Retirement Plan Advisory Services' assets and staff changed since 2021?",
      "a": "In the Form ADV data for Cbiz Retirement Plan Advisory Services: Regulatory assets under management: $129,360,707 in the October 2021 data and $8,873,081 in the October 2026 data, down 93%. Total employees: 54 in October 2021 and 19 in October 2026. Assets under management move with markets as well as with clients coming and going."
    },
    {
      "q": "What types of clients does Cbiz Retirement Plan Advisory Services serve?",
      "a": "By number of clients on Form ADV Item 5.D: pension and profit sharing plans (but not the plan participants or government pension plans) (11)."
    },
    {
      "q": "Which custodians does Cbiz Retirement Plan Advisory Services use?",
      "a": "Cbiz Retirement Plan Advisory Services' most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Voya Financial as a custodian holding 10% or more of its separately managed account assets."
    },
    {
      "q": "Does Cbiz Retirement Plan Advisory Services report any disciplinary disclosures?",
      "a": "Reports 2 disclosure items on Form ADV Item 11: yes answers to 11.D(2) (another regulator's finding of a violation) and 11.E(2) (self-regulatory organization's finding of a rule violation). Each question covers the firm and its advisory affiliates, and one event can produce several yes answers. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/16678"
    },
    {
      "q": "What changed in Cbiz Retirement Plan Advisory Services' recent Form ADV filings?",
      "a": "In the April 2026 filing data: Employees performing advisory functions went from 17 to 16. Regulatory assets under management went from $23,881,016 to $8,873,081 (-63%)."
    }
  ],
  "filing_history": [
    {
      "period": "2021-10-01",
      "regulatory_assets_under_management": 129360707.0,
      "total_employees": 54,
      "filing_date": "2021-09-14"
    },
    {
      "period": "2022-10-01",
      "regulatory_assets_under_management": 172370441.0,
      "total_employees": 28,
      "filing_date": "2022-03-25"
    },
    {
      "period": "2023-10-01",
      "regulatory_assets_under_management": 57856282.0,
      "total_employees": 27,
      "filing_date": "2023-03-28"
    },
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": 41129729.0,
      "total_employees": 24,
      "filing_date": "2024-03-22"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 23881016.0,
      "total_employees": 21,
      "filing_date": "2025-03-27"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 8873081.0,
      "total_employees": 19,
      "filing_date": "2026-03-05"
    }
  ],
  "recent_changes": [
    {
      "period": "2026-04-01",
      "period_label": "April 2026",
      "notes": [
        "Employees performing advisory functions went from 17 to 16.",
        "Regulatory assets under management went from $23,881,016 to $8,873,081 (-63%)."
      ]
    }
  ],
  "fees_from_brochure": {
    "source": "Form ADV Part 2A brochure dated March 5, 2026",
    "tiers": [],
    "flat_rate": null,
    "stated_range": "0.05% to 1.5% 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: 0.05% to 1.5% a year (a range, as the brochure states it)"
        ],
        "quotes": [
          "Investment advisory fees generally range from 0.05% - 1.50% of assets under advisement and include fees payable to CBIZ RPAS and your CBIZ RPAS Consultant."
        ]
      }
    ],
    "quotes": [
      "Investment advisory fees generally range from 0.05% - 1.50% of assets under advisement and include fees payable to CBIZ RPAS and your CBIZ RPAS Consultant."
    ],
    "note": "As stated in the firm's brochure; fees can differ by service and may be negotiable."
  },
  "custodians": [
    {
      "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-retirement-plan-advisory-services-cleveland-oh-16678.md",
  "clients": [
    {
      "type": "pension_profit_sharing",
      "label": "Pension and profit sharing plans (but not the plan participants or government pension plans)",
      "count": 11,
      "fewer_than_5": false,
      "raum": 8873081.0
    }
  ],
  "disclosure_line": "Reports 2 disclosure items on Form ADV Item 11.",
  "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/16678",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}