Jerrmar Capital Management, Inc. (Troy)
Jerrmar Capital Management, Inc. is a large advisory firm based in Troy. It manages $105.26 million of regulatory assets for 101 client accounts. It has been registered with the SEC as an adviser since 2005 and has operated in the jurisdiction of Michigan.
Jerrmar Capital Management provides portfolio management for individuals and small businesses. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.
Jerrmar Capital Management: assets under management
The assets under management (AUM) of Jerrmar Capital Management, Inc. is $105.26 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 91% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.
Investments
The firm invests in exchange traded securities the most. They account for 70% of the total AUM. The second-largest asset type is state and local bonds, which make up 15% of the firm’s portfolio. Investments in investment grade corporate bonds form 7% of the total invested assets.Fees & Commissions
The advisory firm has a single stream of revenue. Clients pay Jerrmar Capital Management, 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.
What kind of clients Jerrmar Capital Management serves?
The firm provides services to individuals and high net worth individuals. The largest group of clients of Jerrmar Capital Management is high net worth individuals with 17 clients and $74.72 million of assets under management. Among the 12 most similar advisory firms, Jerrmar Capital Management has the 4th highest percentage of high net worth individuals out of all clients.
The amount of regulatory assets under management is $94.51 million for 99 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.
Jerrmar Capital Management doesn't advise any private funds.
Careers at Jerrmar Capital Management, Inc.
The company employs 2 people that are either part- or full-time employees. 50 percent of the employees work as investment advisers or researchers. Only one employee is registered as an investment adviser representative 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.
Direct owners and executive officers
Indirect Owners
The SEC currently registers 1 indirect owner.Based in Troy
The principal office where Jerrmar Capital Management, Inc. performs its advisory services is located at 50 West Big Beaver Road, Troy, MI 48084, 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 248-269-9222 or by fax 248-269-9224. The normal business hours are 9 am-4:30pm on Monday - Friday. You can find more information about the New York firm at jerrmarcapital.com.
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