Services Provided

Planning and investment management services are offered by JAS Financial Services, LLC. These services are structured to maximize the benefit you receive. Every situation is unique and is always changing. The initial approach to each client is designed to reflect the current situation considering the current and future goals (objectives). As circumstances change, the plans may need to be updated to reflect the changes. 

Planning services include comprehensive, segmented and consultative. All of these services require an understanding of our client, their assets, goals (objectives), risk tolerance, time horizon and related factors. We will provide written recommendations and assist in implementation of the recommendations, as needed.

Comprehensive planning is the most detailed and, if applicable, includes:

• Cash flow management
• Education funding
• Estate planning – maximizing your assets during life and for your heirs
• Goal identification, prioritizing and funding
• Income tax planning
• Investment planning, including 401(k) and annuity sub account
• Retirement planning
• Risk Management – insurance needs
• Special needs

Segmented planning focuses on part, all or a combination of one or more elements of a comprehensive plan.

Consultative financial planning drills down to respond or provide feedback to an aspect of financial planning when a client is not interested in a comprehensive or segmented plan.

Investment management services include portfolio management services and investment consultative services. Both of these services require an understanding of our client, their assets, goals (objectives), risk tolerance, time horizon and related factors.

Portfolio management services are unique to each client. We start by combining active listening and interactions with our clients to understand them. This includes their view of wealth, their reaction to the ups and downs of the market, their financial wants and needs, the timing of their wants and needs, cash needs, their investment experience and related factors.

We customize a portfolio based on sound investment principals. Portfolios reflect a disciplined approach determining the appropriate diversification, low turnover and minimize investment costs. Investment success is generally considered to be dependant on asset allocation rather than security selection. Market timing and speculative strategies are not recommended. The portfolio is monitored, rebalanced and modified as indicated by changing circumstances.

A policy statement is recommended to reflect a mutual understanding of how the portfolio should be invested. The process includes an ongoing dialog with our clients to allow them to understand their investments and how they are consistent with their goals, risk tolerance, time horizons and other factors.

Recommended assets include: money market funds, certificates of deposits, mutual funds, and exchange-traded funds. The assets may include assets that the client is not willing to sell. Most portfolios will have a core of indexed-based mutual funds and/or exchange-traded funds. This approach provides a low cost and effective method to capture the efficiencies of the markets. Actively managed mutual funds and exchange-traded funds are used as satellites to the core component of the portfolio to capture, as needed, to construct the specific portfolio.

Investment consultative services provide answers and feedback regarding investments for clients that do not want portfolio management services. Representative of topics are: investment selection for 401(k) plans, investment selection for 509 plans, review of asset allocations, security location, security selection for charitable purposes and security selection for gifting.

FEES

Planning fees will be determined based on factors such as the complexity of the situation,  the planning areas involved, the nature of the assets, time estimated to complete, completeness of the information provided and our involvement in implementing the recommendations.

The fee can be determined based on: the value of the assets, hourly charge of $250.00 per hour, or fixed fee as mutually agreed to prior to the services being performed.

A retainer will be required before the services are performed. An additional retainer will be paid when recommendations and observations are presented.  Depending on the specific agreement, additional fees may apply as the plan is implemented.

The agreed fee arrangement will be reflected in an Agreement prior to the services being performed.

The minimum fee for a comprehensive financial planning is $2,200.
The minimum fee for segmented financial planning is $250.

Consultative financial planning fees are based on an agreed hourly rate. Currently the hourly rate is $250.

The hourly rate will be reflected in an Agreement prior to the services being provided.

Portfolio Management Services fees are based on an annual percentage of assets under management based on the market value of those assets:

Fees may be negotiable based on unusual individual circumstances.

The fee arrangement will be reflected in a written agreement.

Investment Consultative Services fees for these services are determined based on the complexity of the situation, nature of assets and related factors. The fee can be determined based on: the value of the assets, hourly charge, or fixed fee basis as mutually agreed to with the client prior to the services being performed. A retainer of 25% of the estimated fee, if in excess of $1,000, will generally be required before the services are performed. The balance will be due when the service has been provided.

The agreed fee arrangement will be reflected in an Engagement Letter prior to the services being performed.

The minimum fee for investment consultative services is $250.