Jess S. Morgan & Company., Inc. is a large advisory firm based in Los Angeles. It manages $190.69 million of regulatory assets for 195 client accounts. It has been registered with the SEC as an adviser since 2013 and has operated in the jurisdiction of California.
Jess S. Morgan & Company. provides financial planning services, portfolio management for individuals and small businesses, portfolio management for pooled investment vehicles, and pension consulting services. It prepares financial plans for more than 25 clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Jess S. Morgan & Company., Inc. is $190.69 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 21% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.
The advisory firm has a single stream of revenue. Clients pay Jess S. Morgan & Company., Inc. for their services and products based on a percentage of assets under management. 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.
The firm provides services to individuals, charitable organizations, high net worth individuals, pooled investment vehicles, corporations or other businesses, and pension and profit sharing plans. The largest group of clients of Gary Neil Levenstein is high net worth individuals with 34 clients and $163.75 million of assets under management. Among the 7 most similar advisory firms, Jess S. Morgan & Company. has the 2nd highest percentage of high net worth individuals out of all clients.
The amount of regulatory assets under management is $190.69 million for 92 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.
Jess S. Morgan & Company. also advises several private funds. Namely, four private equity funds. The minimum investment commitment required of non-related persons ranges from $15,125 to $25,000.
The company employs 22 people that are either part- or full-time employees. 27 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.
Gary Neil Levenstein has been acting as President since 1 Aug 2004. Jeremy Stahl joined the executive team most recently as the E.V.P./Director/Business Management/Chief Financial Officer.
The principal office where Jess S. Morgan & Company., Inc. performs its advisory services is located at 5900 Wilshire Blvd., Los Angeles, CA 90036 3697, 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 323-634-2400 or by fax 323-937-6532. The normal business hours are 9:00 am 6:00 pm on Monday - Friday. You can find more information about the New York firm at jsmco.com.