Firm Info
Firm Size
Services Offered
- Financial Planning
- Portfolio Management for Individuals & Small Businesses
- Portfolio Management of Pooled Investment Vehicles
- Portfolio Management for Businesses or Institutional Clients
- Selection of Others Advisors
- Other
Types of Clients
- Individuals (Not High Net Worth)
-
Individuals High Net Worth
*>=750k in Investable Assets or >=1.5m of Estimated Total Net Worth
- Charitable Organizations
Available Fee Structures
- Percentage of Assets Under Management (AUM)
- Fixed Fees (Other than subscription)
Johnson Financial Group LLC Overview
JOHNSON FINANCIAL GROUP LLC is a registered investment advisory firm that has been in business since 2014. The company is headquartered in Denver, CO and operates on a fee-only basis. As an investment advice-only firm, they offer a variety of services to help their clients manage their finances and investments. One of the key services provided by JOHNSON FINANCIAL GROUP LLC is financial planning. They work with individuals and small businesses to create customized financial plans that are tailored to their unique needs and goals. They also offer portfolio management services for these clients, which can help to optimize returns and minimize risk. In addition to working with individual clients, JOHNSON FINANCIAL GROUP LLC also manages pooled investment vehicles and provides portfolio management services for businesses and institutional clients. They have an extensive network of advisors and can help clients select other advisors as needed. Finally, JOHNSON FINANCIAL GROUP LLC offers family office services, which can be especially helpful for high net worth individuals and families. These services can include everything from estate planning and tax optimization to charitable giving and educational planning for future generations. Overall, the firm provides a comprehensive suite of services designed to help clients achieve their financial goals and manage their wealth over the long term.
JOHNSON FINANCIAL GROUP LLC provides a wide range of financial services to clients across various fields. The firm serves individuals and high net worth individuals, along with charitable organizations that seek guidance and support in managing their finances. The firm works closely with clients to understand their specific goals and aspirations to ensure that their financial plans are designed according to their unique needs. When it comes to fee structure, JOHNSON FINANCIAL GROUP LLC offers clients a wide range of options based on the services they desire. Typically, clients can opt for percentage-based compensation for managing their assets under management (AUM), or opt for a fixed fee, depending on what suits them best. The percentage of AUM fee structure involves clients paying a percentage of their assets invested under JOHNSON FINANCIAL GROUP LLC's management, while fixed fees include a predetermined fee that clients pay for specific services. Ultimately, JOHNSON FINANCIAL GROUP LLC strives to provide clients with flexible fee structures that reflect the unique needs and requirements of each individual client.
Typical Clients, Fee Structures & Investment Minimum
The investment minimum for Johnson Financial Group LLC, as stated in their Part 2 Brochure, is generally $30 million. However, they do specify that this minimum account size can be waived at their sole discretion.
How This Office Can Help Racine County, WI Residents
Johnson Financial Group provides a variety of financial services designed to help clients in Racine County, WI, including investment management, trust and estate planning, private banking, and insurance services. The group understands the complex financial situations that people in Racine County may face, such as saving for retirement, planning for education expenses, or managing debt. They provide personalized, comprehensive plans based on clients' individual needs and goals to help them navigate these challenges. Additionally, Johnson Financial Group offers a range of resources and educational materials to help clients make informed decisions and stay up to date on market trends and financial news. Overall, the group's goal is to help clients achieve financial security and peace of mind for themselves and their families.
Services Offered by Johnson Financial Group LLC
Core Advisor Services
Financial Planning
Financial planning services encompass the process of devising strategies for your future financial well-being, including preparing for events such as retirement, funding your child's college education, or planning for the transfer of assets.
Portfolio Management for Individuals & Small Businesses
Portfolio management entails the careful selection and strategic management of investment combinations tailored to meet the needs of individuals and small businesses.
Market Timing Services
Market timing services involve the endeavor to generate short-term profits from investments by capitalizing on opportunities to buy at low prices and sell at high prices.
Other Services
Selection of Other Advisors
The firm provides support in selecting and engaging other advisors who possess specialized expertise to complement your financial needs.
Publication of Periodicals or Newsletters
The firm engages in the dissemination of diverse financial educational materials through the publication of periodicals.
Educational Seminars & Workshops
The firm organizes and conducts seminars or workshops aimed at enlightening investors on various financial concepts.
Fee Structures
Financial advisory fees usually are based on the services provided. Fee types charged by Johnson Financial Group LLC most likely consist of the following fee types: asset-based, hourly or fixed. Wrap fee programs, or the practice of bundling services for a single fee, are not offered by the firm.
Available
Percentage of Assets Under Management (AUM)
This fee structure charges a percentage of the assets under management by the firm. Fee structures are often tiered based on the amount of assets managed, with higher AUM often charged a lower rate.
Between 0.50% and 2.00% of assets under management (annually), often lower for a robo advisor. Fees are typically charged quarterly by the firm and will show on your investment statement. View typical advisor costs here.
~96% of registered firms offer this fee structure.
If you have $1 million managed by a firm at a 1% management fee, you would be charged $10,000/year to manage your assets (or $2,500 per quarter). This would be automatically deducted from your investment portfolio.
Fixed Fees (Other than subscription)
Fixed fees are a one-time, lump-sum payment rendered for a specific service, such as creating a financial plan without ongoing management or implementation. This option is beneficial if you solely require guidance for a particular objective rather than a long-term consultancy or asset management.
Fixed fees for creating a financial plan often range from $1,000 to $3,000.
~49% of registered firms offer this fee structure.
If you did not want a firm to manage your assets but needed to create a retirement plan, life transition plan such as divorce or loss of a spouse, estate transition plan, business financial plan, or any other financial planning, you could consult with an RIA firm to help you with the creation of that plan.
Unavailable
Hourly
Similar to an attorney, a financial consultant might charge fees based on hourly rates. This fee structure can be advantageous when seeking specific or ad hoc advice.
Charges generally span from $150 to $400 per hour, depending on the extent of the services required.
~33% of registered firms offer this fee structure.
If you needed hourly consulting to sell a business or transfer your estate to your children but did not want your assets managed by a firm, you could consult a firm at an hourly rate to answer any questions you may have.
Subscription (Newsletter or Periodical)
Commissions
Occasionally, advisors are compensated through commissions by selling certain financial products, such as mutual funds or life insurance policies, or as a broker-dealer by facilitating the buying and selling of securities. Advisors who receive commissions may be incentivized to make specific suggestions to clients in order to secure a commission. Advisors who operate on a fee-only basis do not earn commissions, whereas fee-based advisors may do so.
Often 3% - 6% of the value of the security.
Only ~3% of registered firms say they offer this fee structure, but other advisors may receive “soft dollars”. Many mutual funds charge 12b-1 fees to cover the promoting and selling of the fund’s shares. While your advisor does not charge these fees, they may receive a kickback for recommending the investment.
An advisor selling their client on a life insurance policy and receiving a commission on the sale of that policy, or recommending a specific investment and receiving a kickback for that recommendation.
Performance-based Fees
Advisors typically obtain performance-based fees if a portfolio surpasses a predefined benchmark. This fee is determined through various methods, but is most commonly assessed as a percentage of investment gains. Performance-based fees may incentivize advisors to undertake riskier decisions in pursuit of generating higher returns.
“Two and Twenty” is common among hedge funds with a 2% management fee and a 20% incentive fee above the “hurdle rate,” or performance threshold the fund is compared against.
32% of registered firms offer this fee structure.
A hedge fund earns a 15% return with a 20% performance fee in above the performance of the S&P 500, which grew 7% that same year.
20% of fund growth in excess of S&P 500’s 7% growth for that year = 15% hedge fund growth - 7% S&P 500 growth = 8% difference x 20% = 2% performance fee (in addition to the management fee).
Other
Firms occasionally offer unconventional fee structures when charging clients. For more detailed information about a firm’s specific fee structures, please refer to their Form ADV and Part 2 Brochure.
Types of Clients
*The Securities & Exchange Commission defines someone as “high net worth” if they have $750,000 or more in investable assets or $1.5M of estimated total net worth.
This Office Location
- Mon 8:30 AM–5 PM
- Tue 8:30 AM–5 PM
- Wed 8:30 AM–5 PM
- Thu 8:30 AM–5 PM
- Fri 8:30 AM–5 PM
- Sat 9 AM–12 PM
- Sun Closed
Other Office Locations
Firm Headquarters
This firm has no other locations.
State Registrations
Johnson Financial Group LLC is registered to service clients in the following states:
- Colorado
- Kansas
- Maryland
- Nebraska
- New York
- Oklahoma
- Texas
- Virginia
Disciplinary History
Johnson Financial Group LLC does not have any disclosures. Please visit it's Form ADV for more details.