Jsf Financial, LLC (Los Angeles)


Jsf Financial, LLC is a large advisory firm based in Los Angeles. It manages $569.22 million of regulatory assets for 1,315 client accounts. It has been registered with the SEC as an adviser since 2010 and has operated in the jurisdictions of California, Florida, New York, and Texas.

Jsf Financial provides financial planning services, portfolio management for individuals and small businesses, selection of other advisers, and educational seminars and workshops. It prepares financial plans for more than 100 clients. On top of advisory services, the firm doesn't engage in other business activities.

Jsf Financial: assets under management

The assets under management (AUM) of Jsf Financial, LLC is $569.22 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 307% since the beginning of its operation, and $2.32 million of the total AUM is attributable to clients outside of the United States.

The firm manages $569.22 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $432.87 thousand each.
Jsf Financial has custody of $89.55 million in cash and securities for 95 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 68% 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 exchange traded securities form 12% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Jsf Financial, LLC for their services and products based on a percentage of assets under management, hourly charges, fixed fees, and commissions. Commissions are paid and earned by the adviser when a trade or a sales of an investment is made. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Jsf Financial serves?

The firm provides services to individuals, high net worth individuals, and pension and profit sharing plans. The largest group of clients of Jsf Financial is high net worth individuals with 207 clients and $467.12 million of assets under management. Among the 9 most similar advisory firms, Jsf Financial has the 4th highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $564.41 million for 454 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 1% of the firm’s clients are foreign persons or businesses.

Jsf Financial doesn't advise any private funds.

Careers at Jsf Financial, LLC

The company employs 17 people that are either part- or full-time employees. 65 percent of the employees work as investment advisers or researchers. 8 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.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
Jeffrey Seth Fishman Managing member 1 Jul 1995 50% - 75% 2451588
Anna Wroblewska Chief operations officer 1 Jun 2008 Other 5474973
Shari Fishman Chief compliance officer 1 Mar 2011 50% - 75% 5791638

Based in Los Angeles

The principal office where Jsf Financial, LLC performs its advisory services is located at 6300 Wilshire Blvd., Los Angeles, CA 90048, 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 323-866-0833 or by fax 323-866-0838. The normal business hours are 8:30 a.m. - 5:30 p.m. on Monday - Friday. You can find more information about the New York firm at jsffinancial.com and its LinkedIn profile.