Jms Capital Group Wealth Services, LLC (Sewickley)

Name: Jms Capital Group Wealth Services, LLC
Address: 417 Thorn Street, Sewickley, PA, 15143
Telephone: 412-415-1177

Jms Capital Group Wealth Services, LLC is a large advisory firm based in Sewickley. It manages $119.2 million of regulatory assets for 458 client accounts. It has been registered with the SEC as an adviser since 2015 and has operated in the jurisdictions of Florida, Pennsylvania, and Texas.

Jms Capital Group Wealth Services provides financial planning services, portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, pension consulting services, selection of other advisers, publication of newsletters, and insurance, estate planning. It prepares financial plans for less than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.

Jms Capital Group Wealth Services: assets under management

The assets under management (AUM) of Jms Capital Group Wealth Services, LLC is $119.2 million. The firm's AUM has grown by 30% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $119.16 million in discretionary accounts and $39.35 thousand in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $263.05 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $7.87 thousand.

Investments

The firm invests in investment and business development companies the most. They account for 67% of the total AUM. The second-largest asset type is exchange traded securities, which make up 24% of the firm’s portfolio. Investments in cash and cash equivalents form 5% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Jms Capital Group Wealth Services, LLC for their services and products based on a percentage of assets under management 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 John Martin Schneider serves?

The firm provides services to individuals, insurance companies, charitable organizations, high net worth individuals, corporations or other businesses, and pension and profit sharing plans. The largest group of clients of John Martin Schneider is individuals with 179 clients and $65.55 million of assets under management. Among the 10 most similar advisory firms, Jms Capital Group Wealth Services has the 2nd highest percentage of individuals out of all clients.

The amount of regulatory assets under management is $119.2 million for 225 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.

Jms Capital Group Wealth Services doesn't advise any private funds.

Careers at Jms Capital Group Wealth Services, LLC

The company employs 4 people that are either part- or full-time employees. 100 percent of the employees work as investment advisers or researchers. 3 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.

John Martin Schneider has been acting as President since 1 Jul 2015. Melissa Tsaggaris Corso joined the executive team most recently as the Chief Compliance Officer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
John Martin Schneider	President/ceo	1 Jul 2015	Other	2360548
Llc Jms Capital Group	Owner / holding company	1 Jul 2015	75% - 100%	47-4657272
Melissa Tsaggaris Corso	Chief compliance officer	1 Aug 2015	Other	2981435

Based in Sewickley

The principal office where Jms Capital Group Wealth Services, LLC performs its advisory services is located at 417 Thorn Street, Sewickley, PA 15143, 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 412-415-1177 or by fax 412-843-0258. The normal business hours are 8:30-5 on Monday - Friday. You can find more information about the New York firm at jmscapitalgroup.com.