Cjm Wealth Advisers, Ltd. (Fairfax)


Cjm Wealth Advisers, Ltd. is a large advisory firm based in Fairfax. It manages $718.62 million of regulatory assets for 2,073 client accounts. It has been registered with the SEC as an adviser since 2008 and has operated in the jurisdictions of California, Colorado, Connecticut, and 15 other states.

Cjm Wealth Advisers provides financial planning services, portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, pension consulting services, and selection of other advisers. It prepares financial plans for approximately 2,500 clients. On top of advisory services, the firm doesn't engage in other business activities.

Cjm Wealth Advisers: assets under management

The assets under management (AUM) of Cjm Wealth Advisers, Ltd. is $718.62 million. The firm's AUM has grown by 134% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $692.38 million in discretionary accounts and $26.24 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $345.33 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $385.89 thousand.
Cjm Wealth Advisers has custody of $352.21 million in cash and securities for 286 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in investment and business development companies the most. They account for 90% of the total AUM. The second-largest asset type is exchange traded securities, which make up 4% of the firm’s portfolio. Investments in cash and cash equivalents form 4% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Cjm Wealth Advisers, Ltd. for their services and products based on a percentage of assets under management and fixed fees. Flat-fee based compensation is the most transparent and the one you can safely predict in advance. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Timothy Willis Jones serves?

The firm provides services to individuals, charitable organizations, and high net worth individuals. The largest group of clients of Timothy Willis Jones is individuals with 656 clients and $389.51 million of assets under management. Among the 8 most similar advisory firms, Cjm Wealth Advisers has the highest percentage of individuals out of all clients.

The amount of regulatory assets under management is $718.62 million for 755 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.

Cjm Wealth Advisers doesn't advise any private funds.

Careers at Cjm Wealth Advisers, Ltd.

The company employs 15 people that are either part- or full-time employees. 47 percent of the employees work as investment advisers or researchers. 6 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.

Timothy Willis Jones has been acting as President since 1 Jul 1998. David Deforest Greene joined the executive team most recently as the Executive Vice President/Principal.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
Timothy Willis Jones Chairman/secretary 1 Jul 1998 Other 1659531
Kim Allen Mcleland President/treasurer 1 Jul 1998 Other 838876
Claudia Coracci Brady Senior vice president 1 Jul 1998 Other 2254955
Robert Lytle Albertson Senior vice president 1 Jan 1999 Other 1687182
Tracey Albertson Baker Executive vice president/principal/chief compliance officer 1 Sep 2003 Other 2763899
Brian Timothy Jones Executive vice president/principal 1 Sep 2003 25% - 50% 2897351
David Deforest Greene Executive vice president/principal 1 Feb 2006 Other 2797556

Based in Fairfax

The principal office where Cjm Wealth Advisers, Ltd. performs its advisory services is located at 11320 Random Hills Road, Fairfax, VA 22030 7478, 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 703-425-0700 or by fax 703-764-9530. The normal business hours are 9:00 am - 5:00 pm on Monday - Friday. You can find more information about the New York firm at cjmltd.com.