Johnston James M & Associates Inc (Glendale)

Name: Johnston James M & Associates Inc
Address: 4500 Cherry Creek Drive South, Glendale, CO, 80246
Telephone: 303-831-6120

Johnston James M & Associates Inc is a large advisory firm based in Glendale. It manages $270.03 million of regulatory assets for 143 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of Colorado, Oklahoma, and Texas.

Johnston James M & Associates provides financial planning services, portfolio management for individuals and small businesses, selection of other advisers, and publication of newsletters. It prepares financial plans for more than 50 clients. On top of advisory services, the firm also engages as estate planning.

Johnston James M & Associates: assets under management

The assets under management (AUM) of Johnston James M & Associates Inc is $270.03 million. The firm's AUM has grown by 350% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $116.41 million in discretionary accounts and $153.62 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $831.51 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $51.21 million.

Investments

The firm invests in investment and business development companies the most. They account for 46% of the total AUM. The second-largest asset type is exchange traded securities, which make up 42% of the firm’s portfolio. Investments in cash and cash equivalents form 7% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Johnston James M & Associates Inc 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 James Michael Johnston serves?

The firm provides services to individuals and high net worth individuals. The largest group of clients of James Michael Johnston is high net worth individuals with 20 clients and $197.02 million of assets under management. Among the 8 most similar advisory firms, Johnston James M & Associates has the 2nd highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $208.87 million for 42 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.

Johnston James M & Associates doesn't advise any private funds.

Careers at Johnston James M & Associates Inc

The company employs 5 people that are either part- or full-time employees. 80 percent of the employees work as investment advisers or researchers. No 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.

James Michael Johnston has been acting as President since 1 Oct 1996. Edward John Durica joined the executive team most recently as the Chief Compliance Officer/Vice President/Director.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
James Michael Johnston	President/director	1 Oct 1996	50% - 75%	601795
Gail Ritter Egbert	Secretary/director	1 Oct 1996	Other	1156900
Catherine Josephine Johnston	Vice-president/director	1 Oct 1996	Other	4352584
Alvina Margaret Gutt	Treasurer/director	1 Jan 1998	Other	4352579
Inc. Employee Stock Ownership Plan Johnston & Associates	Esop	1 Jan 1998	75% - 100%	84-1456829
Inc. Profit Sharing Plan Johnston & Associates	Psp	1 Jan 1998	75% - 100%	84-1456829
Edward John Durica	Chief compliance officer	1 Sep 2004	Other	2684494
Edward John Durica	Chief compliance officer/vice president/director	1 Jan 2015	25% - 50%	2684494

Based in Glendale

The principal office where Johnston James M & Associates Inc performs its advisory services is located at 4500 Cherry Creek Drive South, Glendale, CO 80246, 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 303-831-6120 or by fax 303-830-0794. The normal business hours are 8:30 am to 5:00 pm on Other. You can find more information about the New York firm at jmjassoc.com/ and its LinkedIn profile.