Business Details
9 Years
experience
Your Trusted Financial Partner in Westlake, Ohio
Clark Wealth Management is a family-operated financial advisory firm serving clients from our Westlake, Ohio office. With over 45 years of combined experience, our team specializes in creating personalized financial strategies tailored to individual needs. We focus on wealth management, college funding solutions, and insurance products including life, disability, and long-term care coverage. Our approach emphasizes risk assessment and customized investment policies, working with Fidelity and Charles Schwab for fund management. We maintain affiliations with Brookstone Capital Management for advisory services while operating independently to ensure client-focused solutions.Our professionals hold extensive licenses across multiple states and maintain active roles in local business organizations. We offer flexible appointment options including after-hours and weekend meetings by request. Our team's military service, community leadership roles, and educational backgrounds contribute to our comprehensive financial planning approach. We prioritize transparency in operations and maintain affiliations with major financial institutions to support client needs. Our commitment to personalized service extends to estate planning, business succession strategies, and retirement income planning.
Services
Wealth Management
Life Insurance
Disability Insurance
Long Term Care Insurance
College Funding Solutions
Details
- Year established: 2017
Highlights and features
- We offer 45+ years of combined experience in financial services
- Our family-owned practice provides personalized, client-focused solutions
- We maintain affiliations with major financial institutions like Fidelity and Charles Schwab
- Our team holds professional licenses across multiple states
- We offer flexible appointment scheduling including after-hours meetings
Associations and certifications
- SEC Registered Investment Advisor
Services
Wealth Management
Clark Wealth Management provides comprehensive wealth management services focusing on personalized investment strategies. We create customized financial plans based on individual risk profiles and long-term goals. Our services include portfolio management, retirement planning, and asset allocation strategies designed to help clients achieve their financial objectives while maintaining appropriate risk levels.
Life Insurance
We offer various life insurance solutions including term, universal, and whole life policies. Our advisors help clients determine appropriate coverage based on family needs, business requirements, and estate planning goals. We work with multiple carriers to find policies that match clients' health profiles, financial situations, and long-term protection needs while explaining policy features and benefits clearly.
Long Term Care Insurance
Our long-term care insurance services help protect clients' assets against potential care costs. We explain traditional and life-based LTC options, assist with carrier selection based on medical history, and guide clients through the underwriting process. We help evaluate coverage needs based on family history, current health status, and financial resources to maintain quality of life in later years.
Disability Insurance
We provide disability insurance solutions to protect clients' earning capacity against unexpected illness or injury. Our services include evaluating existing employer-provided coverage, recommending supplemental policies, and explaining policy definitions that vary between carriers. We help professionals maintain financial stability by securing income replacement options tailored to their specific occupation and financial obligations.
College Funding Solutions
Our college funding services focus on creating strategic education savings plans. We help families navigate 529 plans, custodial accounts, and other education savings vehicles while balancing competing financial priorities. Our approach considers current financial situations, projected college costs, and potential financial aid implications to create efficient funding strategies for higher education expenses.
People
Steven R. Clark
Investment Advisor Representative
Founder with 45 years in financial services, holds Series 65 license and insurance licenses in three states. Served as Lakewood Rotary Club President and maintains active community involvement through multiple organizations.
Jonathan M. Clark
Investment Advisor Representative
20-year financial services veteran with licenses in four states. Served in Ohio Air National Guard and holds memberships in professional associations. Focuses on retirement and business owner financial planning.
Randon L. Dobson
Office Manager
23-year firm veteran with background in military service and corporate finance. Manages administrative operations and technology systems while maintaining community involvement through local organizations.
Questions
What investment platforms do you use?
We work with Fidelity and Charles Schwab for fund management and account servicing.
How are investment decisions made?
We start with risk assessment questionnaires and develop investment policy statements for each client.
Do you charge hourly rates for services?
No, we operate on a wrap fee basis based on your investment policy statement.
Can I access my funds easily?
Yes, we offer electronic transfers, checkbooks, and manual withdrawal forms for fund access.
Do you evaluate existing investment accounts?
Yes, we provide complimentary Morningstar Reports to analyze current holdings.
How can I schedule appointments?
Call us at 440-471-4300 or use our website contact form for scheduling.
Reviews (1)
D. S.
Dec 25, 2020
Report
Steve has always made me feel like my parents are in good hands. He has pointed us in the right direction with their portfolio and with referring us to good specialists when needed. He also tends to treat his clients to annual outings and/or little touches. I feel like we are dealing with a family friend when we interact with this service.
