Cirrus Wealth Management

Cirrus Wealth Management, LLC, based in Cleveland, Ohio, has been providing investment advisory services since March 2016. The firm is a registered investment adviser organized as a limited liability company. The majority owner, Joseph P. Heider, has been in the financial industry since 1979, while Ryan S. Heider, a minority owner, has been in the industry since 2017. Cirrus Wealth Management offers discretionary and non-discretionary portfolio management services tailored to individual client needs and objectives. Clients are required to establish accounts with Fidelity/NFS for execution, clearing, and custodial services. The firm primarily advises on equity securities, corporate debt securities, mutual funds, ETFs, and publicly traded REITs. They may also recommend private investments to qualified clients. Fees for portfolio management services are based on a tiered fee schedule and are billed quarterly in advance. Financial planning services are offered on an hourly or fixed fee basis, with fees negotiable based on complexity. The firm does not accept performance-based fees or engage in side-by-side management. Clients include individuals, high net worth individuals, pension and profit sharing plans, charitable organizations, and corporations. Cirrus Wealth Management emphasizes long-term purchases, short-term purchases, short sales, margin transactions, option writing, and trading in their investment strategies. Clients are responsible for voting their securities and may authorize the firm to assist with transfers and disbursements. The firm does not vote proxies on behalf of clients. Clients receive annual privacy notices and are encouraged to consult with tax professionals regarding investments. The firm does not have any disciplinary events to report.