Jacobus Wealth Management Inc (Milwaukee)

Name: Jacobus Wealth Management Inc
Address: 2323 N.Mayfair Road,Suite 240, Milwaukee, WI, 53226 1506
Telephone: 414-475-6565

Jacobus Wealth Management Inc is a large advisory firm based in Milwaukee. It manages $791.4 million of regulatory assets for 1,104 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of Colorado, Florida, Illinois, Minnesota, and Wisconsin.

Jacobus Wealth Management provides financial planning services, portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, selection of other advisers, and publication of newsletters. It prepares financial plans for more than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.

Jacobus Wealth Management: assets under management

The assets under management (AUM) of Jacobus Wealth Management Inc is $791.4 million. The firm's AUM has grown by 273% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $690.59 million in discretionary accounts and $100.81 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $737.02 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $603.66 thousand.

Jacobus Wealth Management has custody of $203.42 million in cash and securities for 47 clients in total and acts as a qualified custodian.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Jacobus Wealth Management Inc for their services and products based on a percentage of assets under management, hourly charges, and fixed fees. 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.

Careers at Jacobus Wealth Management Inc

Nicholas Cassaro Wilson has been acting as President since 1 Apr 1996. Daniel Joseph Matola has served as the Chief Investment Officer since 1 Nov 2012. Richard Godfrey Jacobus joined the executive team most recently as the Director, Chairman Emeritus, Treasurer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Richard Godfrey Jacobus	Ceo, director, chairman	1 Jul 1985	75% - 100%	1606235
Barbara J Wells	Vice president/secretary, director	1 Aug 1986	Other	2861162
Barbara Jacobus Wells	Vice president/secretary, director	1 Aug 1986	Other	2861162
Thomas Meilinger	Sr. vice president	1 Jan 1996	Other	2724245
Thomas Edward Meilinger	Sr. vice president	1 Jan 1996	Other	2724245
William Jensen	Treas./director, vice chairman	1 Feb 1996	Other	2748745
William Kenneth Jensen	Director, vice chairman	1 Feb 1996	Other	2748745
Nicholas Cassaro Wilson	President/director	1 Apr 1996	Other	2270379
Nicholas Cassard Wilson	Director, vice chairman	1 Apr 1996	Other	2270379
Julie Enloe	Vice president	1 Nov 1997	Other	3041670
Julie Ann Enloe	Vice president	1 Nov 1997	Other	3041670
Scott Ray Powell	Vice president	1 Jan 2001	Other	2233137
Kenneth Lyle Evason	President/ceo	1 Jun 2001	Other	4513002
Robert Richard Lapointe	Vice president	1 Sep 2003	Other	4716036
Robert Richard Lapointe	Chief compliance officer, vice president	1 Oct 2004	Other	4716036
Peter J Bach	Director	1 Jan 2005	Other	5118376
John Robert Gehlhaart	Vice president wealth advisory	1 Feb 2005	Other	2218291
Richard Godfrey Jacobus	Director, vice chairman, treasurer	1 Jan 2010	75% - 100%	1606235
Kenneth Lyle Evason	President/cio/director	1 Jan 2010	Other	4513002
Peter J Bach	Chairman, director	1 Jan 2010	Other	5118376
Daniel Joseph Matola	Vice president	1 Feb 2010	Other	5613814
M Dale Fritz	Executive vice president and chief investment officer, director	1 Feb 2010	Other	2245128
Nicholas Cassard Wilson	Director, managing director	1 Feb 2012	Other	2270379
Barbara Jacobus Wells	Director, secretary	1 Feb 2012	Other	2861162
Robert Richard Lapointe	Chief compliance officer, managing director	1 Feb 2012	Other	4716036
Richard Godfrey Jacobus	Director, chairman, treasurer	1 Feb 2012	75% - 100%	1606235
Peter J Bach	Director, chief executive officer	1 Feb 2012	Other	5118376
Daniel Joseph Matola	Managing director	1 Feb 2012	Other	5613814
M. Dale Fritz	Executive vice president, director	1 Nov 2012	Other	2245128
Daniel Joseph Matola	Chief investment officer	1 Nov 2012	Other	5613814
Daniel Joseph Matola	Director, chief investment officer	1 Mar 2014	Other	5613814
Richard Godfrey Jacobus	Director, chairman emeritus, treasurer	1 Oct 2014	75% - 100%	1606235
Peter J Bach	Director, chairman, chief executive officer	1 Oct 2014	Other	5118376
Daniel Joseph Matola	Director, president, chief investment officer	1 Oct 2014	Other	5613814

Based in Milwaukee

The principal office where Jacobus Wealth Management Inc performs its advisory services is located at 2323 N.Mayfair Road,Suite 240, Milwaukee, WI 53226 1506, which is also the mailing address of the firm. An additional office of the firm is in Wayzata, MN. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 414-475-6565 or by fax 414-475-0317. The normal business hours are 8:00 a.m.- 5:00 p.m. on Monday - Friday. You can find more information about the New York firm at jwmfamilyoffices.com.