Jmg Financial Group Ltd is a large advisory firm based in Downers Grove. It manages $2.67 billion of regulatory assets for 2,774 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of Arizona, California, Connecticut, and 27 other states.
Jmg Financial Group 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 499 clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Jmg Financial Group Ltd is $2.67 billion. The firm's AUM has grown by 203% since the beginning of its operation, and $2.26 million of the total AUM is attributable to clients outside of the United States.
The advisory firm has several streams of revenue. Clients pay Jmg Financial Group Ltd 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, high net worth individuals, and pension and profit sharing plans. The largest group of clients of Jmg Financial Group is high net worth individuals with 654 clients and $2.6 billion of assets under management. Among the 8 most similar advisory firms, Jmg Financial Group has the 2nd highest percentage of high net worth individuals out of all clients.
The amount of regulatory assets under management is $2.67 billion for 858 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 1% of the firm’s clients are foreign persons or businesses.
Jmg Financial Group doesn't advise any private funds.
The company employs 42 people that are either part- or full-time employees. 98 percent of the employees work as investment advisers or researchers. 25 employees are registered as investment adviser representatives with the state securities authorities.
There’s a single person with the role of looking for and bringing in new clients on behalf of the firm. The firm compensates 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 Jmg Financial Group Ltd performs its advisory services is located at 2001 Butterfield Road, Suite 1400, Downers Grove, IL 60515, which is also the mailing address of the firm. An additional office of the firm is in Chicago, IL. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 630-571-5252 or by fax 630-571-3821. The normal business hours are 8:30 a.m. to 4:30 p.m. on Monday - Friday. You can find more information about the New York firm at jmgfinancial.com.