Mccormack Advisors International LLC (Cleveland)

Mccormack Advisors International LLC is a large advisory firm based in Cleveland. It manages $965.18 million of regulatory assets for 842 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of Arizona, California, Florida, and 9 other states.

Mccormack Advisors International provides financial planning services, portfolio management for individuals and small businesses, portfolio management for pooled investment vehicles, and pension consulting services. It prepares financial plans for more than 499 clients. On top of advisory services, the firm doesn't engage in other business activities.

Mccormack Advisors International: assets under management

The assets under management (AUM) of Mccormack Advisors International LLC is $965.18 million. The firm's AUM has grown by 130% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $892.73 million in discretionary accounts and $72.45 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $1.28 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $496.25 thousand.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Mccormack Advisors International LLC for their services and products based on a percentage of assets under management, hourly charges, and fixed fees. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

Careers at Mccormack Advisors International LLC

James Lee has been acting as President since 1 Oct 2000. Gerald Howard Gray has served as the Chief Investment Officer since 1 Oct 2000 and Rodney Ian Woods is the Chief Executive Officer of Mccormack Advisors International LLC family office. Thomas James Bartos joined the executive team most recently as the Chief Financial Officer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Rodney Ian Woods	Chief executive officer	1 Oct 2000	Other	2819926
Gerald Howard Gray	Chief investment officer	1 Oct 2000	Other	731984
Terry Lee Jones	Vice president	1 Oct 2000	Other	4374709
Ronald Baldari	Chief operating officer	1 Oct 2000	Other	1503160
James Lee	Director	1 Oct 2000	Other	4374723
John Laundon Steffens	Director	1 Oct 2000	Other	434535
Pierce Fenner & Smith Incorporated Merrill Lynch	Member	1 Oct 2000	50% - 75%	13-5674085
Inc. Ivestment Advisors International	Member	1 Oct 2000	50% - 75%	12-3456785
Anthony George Decello	Director of client group	1 Oct 2000	Other	4374741
John George Paluata	Director of client group	1 Oct 2000	Other	4374747
David Alan Lightner	Director of client group	1 Oct 2000	Other	4374749
Roberta June Lemmo	Director of client group	1 Oct 2000	Other	4374756
Raymond Gerad Banta	Chief executive officer	1 Oct 2000	Other	4374691
Peter Carfagna	Director	1 Oct 2000	Other	4380915
Robert David Kain	Director	1 Oct 2000	Other	4380931
Andy Neale Pierce	Director	1 Oct 2000	Other	4380937
Mark H Mccormack	Director	1 Oct 2000	25% - 50%	4380942
Raymond Gerard Banta	Chief executive officer	1 Oct 2000	Other	4374691
Peter A. Carfagna	Director	1 Oct 2000	Other	4380915
Andrew Neale Pierce	Director	1 Oct 2000	Other	4380937
Doris P. Meister	Director	1 Oct 2000	Other	4409577
Inc. Investment Advisors International	Member	1 Oct 2000	75% - 100%	12-3456785
Anthony J Dechellis	Director	1 Aug 2001	Other	1342685
Edward J Devaney	Director	1 Oct 2002	Other	1861304
James Dwight Longley	Director	1 Oct 2002	Other	2822377
David Allison Osborne	Director	1 Oct 2002	Other	4604407
Kimberly Ann Novak	Chief operations officer, acting compliance officer	1 Oct 2002	Other	4605107
Mark J. Castell	Executive committee member	1 Oct 2002	Other	4660788
John George Palguta	Executive committee member	1 Oct 2002	Other	4374747
David Alan Lightner	Executive committee member	1 Oct 2002	Other	4374749
Lu Anne Morrison	Executive committee member	1 Oct 2002	Other	4660795
Jay Schoeppler Kurt	Executive committee member	1 Oct 2002	Other	4660796
David Allison Osborne	President/ceo, director	1 Jun 2003	Other	4604407
Arthur J. Lafave	Director	1 Nov 2004	Other	4897059
Thomas Barry	Director	1 Dec 2005	Other	xxx-xx-xxxx
Thomas James Bartos	Chief financial officer	1 Feb 2007	Other	2395255
Richard James Buoncore	Managing partner	1 Feb 2007	Other	1652210
Llc Big Play	Owner	1 Feb 2007	Other	20-3923864
Brian Martin Chait	Co-chief investment officer	1 Feb 2007	Other	2777236
The Buoncore Group	Owner	1 Feb 2007	Other	26-0128263
Chait Family Llc	Owner	1 Feb 2007	Other	56-2562192
Llc Western Reserve Partners	Owner	1 Feb 2007	Other	20-1271519

Indirect Owners

The SEC currently registers 11 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Merrill Lynch & Co.	S	1 May 1973	25% - 50%	13-2740599
Inc. Merrill Lynch & Co.	S	1 May 1973	75% - 100%	13-2740599
Inc. Investment Advisors International	S	1 Dec 1973	50% - 75%	xxx-xx-xxxx
Mark Mccormack	S	1 Dec 1973	75% - 100%	xxx-xx-xxxx
Mark H Mccormack	Shareholder	1 Dec 1973	75% - 100%	4380942
Ray C. Cave	Trustee	1 Jan 2003	Other	4680370
Bennett E. Bidwell	Trustee	1 Jan 2003	Other	4680374
The Mark H. Mccormack 1991 Trust	Shareholder	1 May 2003	75% - 100%	34-7158509
Michael John Horvitz	Trustee	1 Feb 2004	Other	2264476
Andrew Rayburn	Owner	1 Feb 2007	75% - 100%	5078876
Ralph Michael Dellaratta	Owner	1 Feb 2007	25% - 50%	1769611

Based in Cleveland

The principal office where Mccormack Advisors International LLC performs its advisory services is located at Img Center, Cleveland, OH 44114 1782, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number (216) 436-3245 or by fax (216)436-3396. The normal business hours are 8:30 am - 5:00 pm on Monday - Friday.