Firm Info
Firm Size
Services Offered
- Financial Planning
- Portfolio Management for Individuals & Small Businesses
Types of Clients
- Individuals (Not High Net Worth)
-
Individuals High Net Worth
*>=750k in Investable Assets or >=1.5m of Estimated Total Net Worth
- Pooled Investment Vehicles
- Pension & Profit Sharing Plans
- Charitable Organizations
- Corporations or Other Businesses Not Listed Above
Available Fee Structures
- Percentage of Assets Under Management (AUM)
- Hourly
Jamison Private Wealth Management, Inc. Overview
JAMISON PRIVATE WEALTH MANAGEMENT, INC. is a fee-only registered investment advisory firm that has been in business since 2000. Their headquarters are located in Milton, GA, and they operate as both an accounting firm and a provider of investment advice. As a fee-only firm, JAMISON PRIVATE WEALTH MANAGEMENT, INC. does not receive financial compensation from third-party sources. This ensures that their advice is always unbiased and in the best interest of their clients. JAMISON PRIVATE WEALTH MANAGEMENT, INC. offers financial planning services to help clients achieve their long-term financial goals. Additionally, they provide portfolio management services for both individuals and small businesses to help them grow their investments over time. Overall, JAMISON PRIVATE WEALTH MANAGEMENT, INC. is an experienced and reputable firm that provides a range of comprehensive financial services to help their clients achieve financial success.
fee flat fee commission-based fee JAMISON PRIVATE WEALTH MANAGEMENT, INC. is a wealth management firm that caters to a diverse clientele. Their services encompass a wide range of financial planning and investment management solutions. They work with individuals and high net worth individuals who seek customized investment strategies and comprehensive financial planning advice. Additionally, they provide services to pooled investment vehicles, pension or profit sharing plans, charitable organizations, and other types of corporations that require expert guidance and tailored solutions. JAMISON PRIVATE WEALTH MANAGEMENT, INC. offers various fee structures that are dependent on the nature of the service provided. Clients can choose from different options such as a percentage of assets under management (AUM), an hourly fee, a flat fee or a commission-based fee. The percentage of AUM charges a certain percentage of the total assets managed by the firm for the client. The hourly fee structure charges clients based on the actual time spent on managing their finances. The flat fee structure, on the other hand, charges a specific amount regardless of the total assets handled. Lastly, the commission-based fee structure charges clients based on the number and value of securities transactions executed on their behalf. JAMISON PRIVATE WEALTH MANAGEMENT, INC. ensures that their fee structures are transparent, cost-efficient and aligned with the goals and objectives of their clients.
Typical Clients, Fee Structures & Investment Minimum
According to the Part 2 Brochure of Jamison Private Wealth Management, Inc. (JPWM), the firm may require a minimum portfolio value or annual fee for their conventional investment advisory services. However, the specific investment minimum is not mentioned in the brochure. Therefore, it is recommended to contact JPWM directly to determine their investment minimum requirement.
How This Office Can Help Milton, GA Residents
Jamison Private Wealth Management, Inc. provides a comprehensive range of services to clients in Milton, GA. The firm's financial advisors work closely with clients to understand their unique needs and priorities, analyzing their financial situations and creating customized financial plans to help clients achieve their goals. Their team's expertise in investment management, estate planning, tax planning, and retirement planning provides significant benefits in achieving each of their clients’ goals. Clients residing in Milton, GA often face a range of financial challenges, such as managing retirement savings, dealing with complex estate planning issues, and navigating tax laws. Jamison Private Wealth Management, Inc. helps address these challenges by providing personalized financial planning services and investment management solutions. Additionally, the firm's team of experts can provide guidance in navigating the ever-changing tax landscape and creating comprehensive estate plans tailored to each client’s needs. With a focus on establishing long-term relationships with clients, Jamison Private Wealth Management, Inc. seeks to ensure that their clients achieve their financial goals and maintain financial security throughout their lives.
Services Offered by Jamison Private Wealth Management, Inc.
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 Jamison Private Wealth Management, Inc. 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.
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.
Unavailable
Subscription (Newsletter or Periodical)
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.
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 9 AM–5 PM
- Tue 9 AM–5 PM
- Wed 9 AM–5 PM
- Thu 9 AM–5 PM
- Fri 9 AM–4 PM
- Sat Closed
- Sun Closed
Other Office Locations
This firm has no other locations.
State Registrations
Jamison Private Wealth Management, Inc. is registered to service clients in the following states:
- Alabama
- California
- Florida
- Georgia
- Louisiana
- North Carolina
- Ohio
- Pennsylvania
- South Carolina
- Tennessee
- Texas
Disciplinary History
Jamison Private Wealth Management, Inc. does not have any disclosures. Please visit it's Form ADV for more details.