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. Hourly charges are usually charged for consulting work and special projects. 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.