Jps Financial, LLC is a large advisory firm based in Westlake. It manages $175.44 million of regulatory assets for 581 client accounts. It has been registered with the SEC as an adviser since 2013 and has operated in the jurisdictions of California, Florida, and Ohio.
Jps Financial provides financial planning services, portfolio management for individuals and small businesses, pension consulting services, and portfolio consulting. It prepares financial plans for less than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Jps Financial, LLC is $175.44 million. The firm's AUM has grown by 75% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.
The advisory firm has several streams of revenue. Clients pay Jps Financial, 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.
The firm provides services to individuals and high net worth individuals. The largest group of clients of Jps Financial is high net worth individuals with 64 clients and $130.32 million of assets under management. Among the 10 most similar advisory firms, Jps Financial has the 2nd highest percentage of high net worth individuals out of all clients.
The amount of regulatory assets under management is $175.44 million for 236 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. None of the firm’s clients are foreign persons or businesses.
Jps Financial doesn't advise any private funds.
The company employs 5 people that are either part- or full-time employees. 60 percent of the employees work as investment advisers or researchers. 4 employees are registered as investment adviser representatives with the state securities authorities.
There isn’t anyone with the role of looking for and bringing in new clients on behalf of the firm. The firm doesn’t compensate employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.
The principal office where Jps Financial, LLC performs its advisory services is located at 2001 Crocker Road, Westlake, OH 44145, 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 440-899-6350 or by fax 216-999-7252. The normal business hours are 8 a.m. - 5 p.m. on Monday - Friday. You can find more information about the New York firm at jpsfinancial.com.