Jlb & Associates Inc (Plymouth)
Jlb & Associates Inc is a large advisory firm based in Plymouth. It manages $483.08 million of regulatory assets for 274 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of Florida and Michigan.
Jlb & Associates provides portfolio management for individuals and small businesses. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.
Jlb & Associates: assets under management
The assets under management (AUM) of Jlb & Associates Inc is $483.08 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 34% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.
Investments
The firm invests in exchange traded securities the most. They account for 93% of the total AUM. The second-largest asset type is investment grade corporate bonds, which make up 6% of the firm’s portfolio. Investments in cash and cash equivalents form 1% of the total invested assets.Fees & Commissions
The advisory firm has a single stream of revenue. Clients pay Jlb & Associates 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.
What kind of clients Jlb & Associates serves?
The firm provides services to individuals, high net worth individuals, corporations or other businesses, and pension and profit sharing plans. The largest group of clients of Jlb & Associates is high net worth individuals with 149 clients and $398.67 million of assets under management. Among the 10 most similar advisory firms, Jlb & Associates has the 2nd highest percentage of high net worth individuals out of all clients.
The amount of regulatory assets under management is $483.08 million for 274 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.
Jlb & Associates doesn't advise any private funds.
Careers at Jlb & Associates Inc
The company employs 5 people that are either part- or full-time employees. 60 percent of the employees work as investment advisers or researchers. 2 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.
Direct owners and executive officers
Based in Plymouth
The principal office where Jlb & Associates Inc performs its advisory services is located at 44670 Ann Arbor Rd, Ste 190, Plymouth, MI 48170 4088, 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 734-454-9191 or by fax 734-454-9194. The normal business hours are 8:30 - 4:00 on Monday - Friday. You can find more information about the New York firm at jlbinvest.com.
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