Jrf Asset Advisors, LLC. (Garden City)

Name: Jrf Asset Advisors, LLC.
Address: 100 Quentin Roosevelt Blvd, Garden City, NY, 11530
Telephone: 516-622-0024

Jrf Asset Advisors, LLC. is a large advisory firm based in Garden City. It manages $121.39 million of regulatory assets for 229 client accounts. It has been registered with the SEC as an adviser since 2006 and has operated in the jurisdictions of California, Connecticut, Florida, and 3 other states.

Jrf Asset Advisors provides financial planning services, portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, pension consulting services, and selection of other advisers. It prepares financial plans for more than 100 clients. On top of advisory services, the firm doesn't engage in other business activities.

Jrf Asset Advisors: assets under management

The assets under management (AUM) of Jrf Asset Advisors, LLC. is $121.39 million. The firm's AUM has grown by 2% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $1.97 million in discretionary accounts and $119.43 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $1.97 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $523.8 thousand.

Investments

The firm invests in exchange traded securities the most. They account for 89% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 7% of the firm’s portfolio. Investments in investment grade corporate bonds form 4% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Jrf Asset Advisors, LLC. for their services and products based on a percentage of assets under management and hourly charges. 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 Jay H Freeberg serves?

The firm provides services to individuals, high net worth individuals, and pension and profit sharing plans. The largest group of clients of Jay H Freeberg is high net worth individuals with 23 clients and $64.26 million of assets under management. Among the 12 most similar advisory firms, Jrf Asset Advisors has the 6th lowest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $121.39 million for 229 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.

Jrf Asset Advisors doesn't advise any private funds.

Careers at Jrf Asset Advisors, LLC.

The company employs 1 person that is either a part- or full-time employee. 100 percent of the employees work as investment advisers or researchers. Only one employee is registered as an investment adviser representative 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.

Jay H Freeberg has been acting as President since 1 Jan 1999. Llc Janover joined the executive team most recently as the Owner.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Llc Janover	Owner	1 Jan 1999	75% - 100%	11-3258497
Jay H Freeberg	President/ chief compliance officer	1 Jan 1999	Other	1812003
Llc Janover Rubinroit	Owner	1 Jan 1999	75% - 100%	11-3258497

Indirect Owners

The SEC currently registers 1 indirect owner.

Name	Entity	Date acquired	Ownership	Employer ID
Michael Goodman	Managing partner	1 May 1995	25% - 50%	5147336

Based in Garden City

The principal office where Jrf Asset Advisors, LLC. performs its advisory services is located at 100 Quentin Roosevelt Blvd, Garden City, NY 11530, 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 516-622-0024 or by fax 516-495-5655. The normal business hours are 9:00 to 5:30 on Monday - Friday. You can find more information about the New York firm at jrfadvisors.com.