Dean, Jacobson Financial Services, LLC (Fort Worth)

Name: Dean, Jacobson Financial Services, LLC
Address: 3112 W. 4 Th St., Fort Worth, TX, 76107
Telephone: 817-335-3214

Dean, Jacobson Financial Services, LLC is a large advisory firm based in Fort Worth. It manages $273.15 million of regulatory assets for 656 client accounts. It has been registered with the SEC as an adviser since 2012 and has operated in the jurisdictions of California, Colorado, Florida, and 3 other states.

Dean, Jacobson Financial Services 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 more than 50 clients. On top of advisory services, the firm doesn't engage in other business activities.

Dean, Jacobson Financial Services: assets under management

The assets under management (AUM) of Dean, Jacobson Financial Services, LLC is $273.15 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 160% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $273.15 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $416.39 thousand each.

Dean, Jacobson Financial Services has custody of $195.67 million in cash and securities for 329 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 88% of the total AUM. The second-largest asset type is exchange traded securities, which make up 5% of the firm’s portfolio. Investments in non-exchange traded securities form 2% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Dean, Jacobson Financial Services, LLC for their services and products based on a percentage of assets under management, hourly charges, and fixed fees. Hourly charges are usually charged for consulting work and special projects. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Dean, Jacobson Financial Services serves?

The firm provides services to individuals and high net worth individuals. The largest group of clients of Dean, Jacobson Financial Services is high net worth individuals with 98 clients and $179.06 million of assets under management. Among the 11 most similar advisory firms, Dean, Jacobson Financial Services has the 5th highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $264.1 million for 364 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.

Dean, Jacobson Financial Services doesn't advise any private funds.

Careers at Dean, Jacobson Financial Services, LLC

The company employs 7 people that are either part- or full-time employees. 57 percent of the employees work as investment advisers or researchers. 5 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
Don Arthur Jacobson	Managing member/partner	1 Mar 1996	25% - 50%	704897
Jeffrey James Schmeltekopf	Managing member & chief compliance officer	1 Mar 1996	25% - 50%	2056563
Timothy Clark Lowry	Managing member/partner	1 Jan 2008	Other	3275381

Based in Fort Worth

The principal office where Dean, Jacobson Financial Services, LLC performs its advisory services is located at 3112 W. 4 Th St., Fort Worth, TX 76107 The mailing address of the firm is P.O. Box 470185, Fort Worth, TX 76147 0185. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 817-335-3214 or by fax 817-877-4710. The normal business hours are 8:00am to 5:30pm on Monday - Friday. You can find more information about the New York firm at deanjacobson.com.