Morgan Jess S & Co Inc (Los Angeles)

Morgan Jess S & Co Inc is a large advisory firm based in Los Angeles. It manages $157.34 million of regulatory assets for 190 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdiction of California.

Morgan Jess S & provides financial planning services, portfolio management for individuals and small businesses, and portfolio management for pooled investment vehicles. It prepares financial plans for more than 25 clients. On top of advisory services, the firm doesn't engage in other business activities.

Morgan Jess S &: assets under management

The assets under management (AUM) of Morgan Jess S & Co Inc is $157.34 million, all of which is managed in discretionary accounts. The firm's AUM has gone down by -23% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $157.34 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $828.11 thousand each.

Morgan Jess S & has custody of $60.15 million in cash and securities for 46 clients in total but doesn’t act as a qualified custodian.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Morgan Jess S & Co Inc for their services and products based on a percentage of assets under management. 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 Morgan Jess S & Co Inc

Jess Sylvanus Morgan has been acting as President since 1 Jan 1997. Harold Frederick Pine has served as the Chief Investment Officer since 1 Mar 2008. Jeremy Stahl joined the executive team most recently as the E.V.P./Director/Business Management/Chief Financial Officer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Carol Marie Lopresti	V.p./insurance	1 Jan 1990	Other	4394106
Gene Torncello	V.p. real estate	1 Jan 1990	Other	2218432
Deidre Louvee Baxter	V.p./contract administration	1 Jan 1990	Other	4394116
Timothy Donald Bodner	V.p./tax manager	1 Oct 1996	Other	4394139
Irene Sharon Franson	V.p./business manager	1 Oct 1996	Other	4394144
Palma Shard Morgan	V.p./business management	1 Oct 1996	Other	4394148
Jess Sylvanus Morgan	Director/chairman of the board	1 Jan 1997	50% - 75%	4394094
Wallace Dean Franson	Director/president/treasurer	1 Jan 1997	50% - 75%	4394098
Richard Mandel	E.v.p./business management	1 Jan 1997	Other	2649158
Levenstein Revocable Trust Dtd 7 31 97	Trust	1 Jul 1997	Other	xxx-xx-xxxx
Mandel Family Trust Dtd 11 5 98	Trust	1 Nov 1998	Other	xxx-xx-xxxx
Gary Neil Levenstein	E.v.p./investment manager	1 May 2000	Other	1377536
Kevin Jon Ashworth	Investment research assistant	1 Jun 2000	Other	2531835
Susan Ollweiler	Vice president	1 Jun 2000	Other	3084836
Derrick K Lee	Vice president	1 Jun 2000	Other	4394155
Susan Jean Ollweiler	Vice president/business management	1 Jun 2000	Other	3084836
Derrick K Lee	E.v.p./business management	1 Apr 2002	Other	4394155
William Harris	E.v.p./business management	1 Jul 2004	Other	4976766
Gary Neil Levenstein	President investment division	1 Aug 2004	Other	1377536
Susan J. Ollweiler Trust Dtd 4 27 05	Trust	1 Apr 2005	Other	xxx-xx-xxxx
Jeremy Stahl	E.v.p./business management	1 Apr 2007	Other	5358063
Harold Frederick Pine	Chief investment officer	1 Mar 2008	Other	707759
Morgan Living Trust Dtd 2 3 88	Trust	1 Aug 2008	25% - 50%	xxx-xx-xxxx
Franson Living Trust Dtd 5 15 91	Trust	1 Aug 2008	25% - 50%	xxx-xx-xxxx
Timothy Donald Bodner	E.v.p./director/tax manager/business management/corporate secretary	1 Dec 2010	Other	4394139
Richard Mandel	President/director/business management	1 Aug 2011	Other	2649158
William Harris	Chief financial officer/chief compliance officer/director/business management	1 Aug 2011	Other	4976766
Jeremy Stahl	E.v.p./director/business management/chief financial officer	1 Nov 2012	Other	5358063

Based in Los Angeles

The principal office where Morgan Jess S & Co Inc performs its advisory services is located at 5900 Wilshire Blvd, Los Angeles, CA 90036 3697, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.