Jackson Financial Management (Costa Mesa)

Jackson Financial Management is a large advisory firm based in Costa Mesa. It manages $477.39 million of regulatory assets for 1,787 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of Arizona, California, Florida, and 5 other states.

Jackson Financial Management provides financial planning services, portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, pension consulting services, selection of other advisers, and matters not involving securities.. It prepares financial plans for more than 250 clients. On top of advisory services, the firm doesn't engage in other business activities.

Jackson Financial Management: assets under management

The assets under management (AUM) of Jackson Financial Management is $477.39 million. The firm's AUM has grown by 588% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $472.38 million in discretionary accounts and $5.02 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $264.93 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $1.25 million.

Jackson Financial Management has custody of $104.86 million in cash and securities for 146 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 64% of the total AUM. The second-largest asset type is exchange traded securities, which make up 22% of the firm’s portfolio. Investments in cash and cash equivalents form 6% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Jackson Financial Management 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.

What kind of clients Tracy Oliff Jackson serves?

The firm provides services to individuals, high net worth individuals, corporations or other businesses, and pension and profit sharing plans. The largest group of clients of Tracy Oliff Jackson is high net worth individuals with 151 clients and $399.5 million of assets under management. Among the 9 most similar advisory firms, Jackson Financial Management has the 3rd highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $477.13 million for 496 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.

Jackson Financial Management doesn't advise any private funds.

Careers at Jackson Financial Management

The company employs 13 people that are either part- or full-time employees. 38 percent of the employees work as investment advisers or researchers. 5 employees are registered as investment adviser representatives with the state securities authorities.

There’s a single person 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.

Tracy Oliff Jackson has been acting as President since 1 Jan 1998. Christopher James Rogers has served as the Chief Investment Officer since 1 Feb 2015. James Allen Shanton joined the executive team most recently as the Corporate Secretary.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Tracy Oliff Jackson	President; chairman; chief compliance officer	1 Sep 1995	75% - 100%	1717963
Laurie Lynn Wearp	Director; corporate secretary	1 Jan 1998	Other	4515129
Tracy Oliff Jackson	President	1 Jan 1998	75% - 100%	1717963
James Allen Shanton	Investment adviser representative	1 Jan 2007	Other	2824026
James Allen Shanton	Investment adviser representative	1 Mar 2007	Other	2824026
Christopher James Rogers	Chief investment officer	1 Feb 2015	Other	2119067
James Allen Shanton	Corporate secretary	1 Mar 2018	Other	2824026

Based in Costa Mesa

The principal office where Jackson Financial Management performs its advisory services is located at 151 Kalmus Drive, Suite H7, Costa Mesa, CA 92626, 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 714-434-6900 or by fax 714-434-6920. The normal business hours are 9:00 am to 5:00 pm on Monday - Friday.