John W. Brooker & Co., Cpas, Pc (Oakland)

Name: John W. Brooker & Co., Cpas, Pc
Address: 7677 Oakport Street, Oakland, CA, 94621
Telephone: 510-638-1815

John W. Brooker & Co., Cpas, Pc is a large advisory firm based in Oakland. It manages $411.67 million of regulatory assets for 540 client accounts. It has been registered with the SEC as an adviser since 2008 and has operated in the jurisdiction of California.

John W. Brooker & Co., Cpas, Pc provides financial planning services and portfolio management for individuals and small businesses. It prepares financial plans for more than 100 clients. On top of advisory services, the firm doesn't engage in other business activities.

John W. Brooker & Co., Cpas, Pc: assets under management

The assets under management (AUM) of John W. Brooker & Co., Cpas, Pc is $411.67 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 114% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $411.67 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $762.35 thousand each.

John W. Brooker & Co., Cpas, Pc has custody of $175 million in cash and securities for 150 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in investment and business development companies the most. They account for 86% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 8% of the firm’s portfolio. Investments in state and local bonds form 3% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay John W. Brooker & Co., Cpas, Pc 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 Larry M. Jakubowitz serves?

The firm provides services to individuals, charitable organizations, high net worth individuals, and pension and profit sharing plans. The largest group of clients of Larry M. Jakubowitz is high net worth individuals with 289 clients and $251.18 million of assets under management. Among the 10 most similar advisory firms, John W. Brooker & Co., Cpas, Pc has the 4th highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $411.67 million for 540 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.

John W. Brooker & Co., Cpas, Pc doesn't advise any private funds.

Careers at John W. Brooker & Co., Cpas, Pc

The company employs 3 people that are either part- or full-time employees. 67 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.

Larry M. Jakubowitz has been acting as President since 1 May 1990. Joseph Albert Wells joined the executive team most recently as the Investment Strategist.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Daniel Keith Beatty	Treasurer/investment strategist/chief compliance officer	1 May 1983	Other	872161
Larry M. Jakubowitz	President	1 May 1990	50% - 75%	4334201
Robert S. Dillon	Vice president	1 Jan 1999	25% - 50%	4334250
Jack Wai Gin	Secretary	1 Jan 1999	25% - 50%	4334256
Joseph Albert Wells	Investment strategist	1 Jan 2017	Other	4170305

Based in Oakland

The principal office where John W. Brooker & Co., Cpas, Pc performs its advisory services is located at 7677 Oakport Street, Oakland, CA 94621, 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 510-638-1815 or by fax 510-635-6165. The normal business hours are 8:30-5:00 on Monday - Friday. You can find more information about the New York firm at brookerandco.com.