J.W. Korth & Company, Limited Partnership (Miami)

Name: J.W. Korth & Company, Limited Partnership
Address: 2937 Sw 27 Th Ave, Miami, FL, 33133
Telephone: 305 668-8485

J.W. Korth & Company, Limited Partnership is a large advisory firm based in Miami. It manages $143.26 million of regulatory assets for 11 client accounts. It has been registered with the SEC as an adviser since 2015 and has operated in the jurisdictions of Florida and Michigan.

J.W. Korth & Company, Limited Partnership provides portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, selection of other advisers, and margin advisory. It doesn't provide financial planning services to its clients. On top of advisory services, the firm also engages as mortgage lender/servicer, underwriter.

J.W. Korth & Company, Limited Partnership: assets under management

The assets under management (AUM) of J.W. Korth & Company, Limited Partnership is $143.26 million. The firm's AUM has grown by 13% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $5.97 million in discretionary accounts and $137.29 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $1.19 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $22.88 million.

Investments

The firm invests in investment grade corporate bonds the most. They account for 67% of the total AUM. The second-largest asset type is government bonds, which make up 15% of the firm’s portfolio. Investments in non-investment grade corporate bonds form 10% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay J.W. Korth & Company, Limited Partnership for their services and products based on a percentage of assets under management, commissions, and performance-based fees. The adviser charges an additional fee when a set benchmark is outperformed. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients J.W. Korth & Company, Limited Partnership serves?

The only and largest group of clients of J.W. Korth & Company, Limited Partnership is corporations or other businesses with 5 clients and $133.94 million of assets under management. Among the 12 most similar advisory firms, J.W. Korth & Company, Limited Partnership has the highest percentage of corporations or other businesses out of all clients.

The amount of regulatory assets under management is $133.94 million for 5 clients. None of the firm’s clients are foreign persons or businesses.

J.W. Korth & Company, Limited Partnership doesn't advise any private funds.

Careers at J.W. Korth & Company, Limited Partnership

The company employs 11 people that are either part- or full-time employees. 45 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 doesn’t compensate employees in addition to the salary for bringing in new clients. Employees receive compensation from other entities for client referrals.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Edward Anthony Mccabe	Finops	1 Mar 2009	Other	1252538
Michael Louis Gibbons	Cco	1 Jun 2009	Other	4416942
J W Korth Llc	General partner	1 Jun 2012	75% - 100%	45-4056382
Pamela Jean Hipp	Managing director, fixed income trading, limited partner	1 Jan 2013	Other	2783224
Holly Christina Macdonald Korth	Managing director, limited partner	1 Jun 2013	Other	5270817
Holly Christina Macdonald Korth	Finop, managing director, limited partner	1 Jul 2016	Other	5270817

Indirect Owners

The SEC currently registers 1 indirect owner.

Name	Entity	Date acquired	Ownership	Employer ID
James Wilder Korth	Owner	1 Jun 2012	75% - 100%	1091113

Based in Miami

The principal office where J.W. Korth & Company, Limited Partnership performs its advisory services is located at 2937 Sw 27 Th Ave, Miami, FL 33133, which is also the mailing address of the firm. An additional office of the firm is in Lansing, MI. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 305 668-8485 or by fax 305-668-0682. The normal business hours are 9-5 on Monday - Friday. You can find more information about the New York firm at jwkorth.com.