Jfg Wealth Management, LLC (Denver)

Name: Jfg Wealth Management, LLC
Address: 1144 Fifteenth Street, Denver, CO, 80202
Telephone: 720-778-4467

Jfg Wealth Management, LLC is a large advisory firm based in Denver. It manages $163.91 million of regulatory assets for 177 client accounts. It has been registered with the SEC as an adviser since 2016 and has operated in the jurisdictions of Colorado and Texas.

Jfg Wealth Management 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 25 clients. On top of advisory services, the firm doesn't engage in other business activities.

Jfg Wealth Management: assets under management

The assets under management (AUM) of Jfg Wealth Management, LLC is $163.91 million. The firm's AUM has grown by 11140% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $101.58 million in discretionary accounts and $62.34 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $655.33 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $2.83 million.

Jfg Wealth Management has custody of $58.49 million in cash and securities for 24 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 65% of the total AUM. The second-largest asset type is other assets, which make up 14% of the firm’s portfolio. Investments in cash and cash equivalents form 10% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Jfg Wealth Management, LLC for their services and products based on a percentage of assets under management 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 Gary Brian Lutz serves?

The only and largest group of clients of Gary Brian Lutz is high net worth individuals with 31 clients and $163.91 million of assets under management. Among the 10 most similar advisory firms, Jfg Wealth Management has the highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $163.91 million for 31 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.

Jfg Wealth Management doesn't advise any private funds.

Careers at Jfg Wealth Management, LLC

The company employs 24 people that are either part- or full-time employees. 46 percent of the employees work as investment advisers or researchers. 11 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.

Gary Brian Lutz has been acting as President since 1 Jul 2016. Johnson Financial Group Llc joined the executive team most recently as the Managing Member.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Johnson Financial Group Llc	Managing member	1 Jul 2016	75% - 100%	125101
Gary Brian Lutz	Managing member/president	1 Jul 2016	Other	5393418
Albert Wayne Williams	Chief operating officer	1 Jul 2016	Other	2466676
Wendy Marie Johnson	Chief compliance officer/chief legal officer	1 Jul 2016	Other	6627638
Brandon Carroll Johnson	Chief executive officer	1 Jul 2016	Other	4630106

Indirect Owners

The SEC currently registers 1 indirect owner.

Name	Entity	Date acquired	Ownership	Employer ID
Brandon Carroll Johnson	Elected manager & president	1 Jan 2002	50% - 75%	4630106

Based in Denver

The principal office where Jfg Wealth Management, LLC performs its advisory services is located at 1144 Fifteenth Street, Denver, CO 80202, 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 720-778-4467 or by fax 720-420-1333. The normal business hours are 8:00 a.m. - 5:00 p.m. mt on Monday - Friday. You can find more information about the New York firm at jfgllc.net.