Jmr Financial Group
Assets Under Management
$59.0M
Number of Clients
827
Number of Advisors
2
Average Client AUM
$71K
AUM per Advisor
$29.5M
Compensation
Fee-Only (AUM)Fixed/Hourly
About This Firm
JMR Financial Group provides investment supervision services with limited discretionary authority. They determine securities to be bought or sold, the amount, and the broker/dealer. Fees are based on the value of managed assets and are billed quarterly in advance.
Fee Structure
AUM-Based Fees (Tiered)
| Assets Under Management | Annual Fee |
|---|---|
| Up to $250K | 2.00% |
| $250K - $500K | 1.50% |
| $500K+ | 1.00% |
A single account in excess of $500,000 receives a reduced fee of 1.0% on the entire account balance. The fee schedule may be negotiable.
Fee Estimator
JMR charges an annual fee based on the value of your managed assets, billed quarterly in advance. The fee is 2.0% on the first $250,000, 1.5% on the next $250,001 up to $500,000, and 1.0% on the excess over $500,000. A single account over $500,000 receives a reduced fee of 1.0% on the entire balance. There is a minimum annual maintenance fee of $49 for accounts under $25,000. The fee schedule may be negotiable. Managed assets are often placed into mutual funds/ETFs, which have their own separate fees.
Areas of Practice
Location
1225 Tower Avenue, Suite 305, Superior, WI, 54880