Jacobsen Capital Management, LLC (Salt Lake City)

Name: Jacobsen Capital Management, LLC
Address: 101 South 200 East, Salt Lake City, UT, 84111
Telephone: 801.746.7171

Jacobsen Capital Management, LLC is a large advisory firm based in Salt Lake City. It manages $245.25 million of regulatory assets for 432 client accounts. It has been registered with the SEC as an adviser since 2004 and has operated in the jurisdictions of Arizona, Texas, and Utah.

Jacobsen Capital Management provides portfolio management for individuals and small businesses, pension consulting services, and selection of other advisers. It prepares financial plans for more than 25 clients. On top of advisory services, the firm doesn't engage in other business activities.

Jacobsen Capital Management: assets under management

The assets under management (AUM) of Jacobsen Capital Management, LLC is $245.25 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 881% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $245.25 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $567.7 thousand each.

Investments

The firm invests in investment and business development companies the most. They account for 56% of the total AUM. The second-largest asset type is state and local bonds, which make up 24% of the firm’s portfolio. Investments in cash and cash equivalents form 10% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Jacobsen Capital Management, 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.

What kind of clients Jacobsen Capital Management serves?

The firm provides services to individuals, insurance companies, charitable organizations, high net worth individuals, and pension and profit sharing plans. The largest group of clients of Jacobsen Capital Management is individuals with 37 clients and $218.24 million of assets under management. Among the 7 most similar advisory firms, Jacobsen Capital Management has the highest percentage of individuals out of all clients.

The amount of regulatory assets under management is $245.24 million for 84 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.

Jacobsen Capital Management doesn't advise any private funds.

Careers at Jacobsen Capital Management, LLC

The company employs 5 people that are either part- or full-time employees. 100 percent of the employees work as investment advisers or researchers. 5 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 compensates 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

Name	Entity	Date acquired	Ownership	Employer ID
Eric Michael Jacobsen	Managing member/chief compliance officer	1 Mar 1996	50% - 75%	2155456
Amy Jacobsen	Member	1 Mar 1996	50% - 75%	6430489
Eric M Jacobsen	Principal	1 Mar 1996	75% - 100%	2155456

Based in Salt Lake City

The principal office where Jacobsen Capital Management, LLC performs its advisory services is located at 101 South 200 East, Salt Lake City, UT 84111, 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 801.746.7171 or by fax 385.313.8631. The normal business hours are 8:30-5:00 on Monday - Friday. You can find more information about the New York firm at jacobsencapital.com.