Services Provided

Fee-Only Portfolio Management

JWM is considered a “fee-only” wealth management firm which means we have a fiduciary responsibility to act in our clients’ best interests. By electing to be a fee-only firm, we have fewer conflicts of interest when it comes to portfolio management.

Proactive, Discretionarily Managed Portfolios

We utilize individual securities for all stock and bond exposure rather than using third-party money managers such as mutual funds, and separately managed accounts. This is advantageous for a few reasons. First, we cut out a significant amount of hidden costs.

Second, we feel we have better risk controls by managing money in this manner. Since we are picking the securities ourselves, if we want to increase or decrease risk exposure inside of an account, it is easy for us to do.

Alternative investments may also be an option for the right investor. One of the premier features of alternative investments is diversification, resulting from the inclusion of investments that tend to react differently to the markets than more traditional investments. Managed futures, hedge funds, oil and gas, tax shelters, and real estate are all examples of alternative investments. These products generally involve substantial risk and limited liquidity, and there is no assurance that the investment objective will be attained.

Cash Management

Managing cash for the short term can be extremely difficult for some. JWM will help you decide which short-term options work for you depending on your situation. We have access to several banks, money market funds, CDs, T-bills, and short-term corporate debt solutions.

Comprehensive Planning

Retirement Planning

There is no one solution for all retirees. Retirement depends on your income sources and your lifestyle. That is why JWM bridges the following aspects of retirement planning to customize the best strategy for you:

Pension Income:

OPERS (​https://www.opers.org/), STRS (www.strsoh.org/) , SERS (https://www.ohsers.org/), Police & Fire (https://www.opf.org/), TSP (https://www.tsp.gov/index.html).

Social Security Income:

We will find the optimal social security distribution strategy that works best for you. That could mean deferring until age 70 or taking SSI at your full retirement age. The difference in this choice can be worth up to several hundred thousand dollars. (www.ssa.gov/)               

Qualified Retirement Accounts & IRAs:                                                                                           

Includes traditional, Roth, SEP, SIMPLE, or beneficiary IRAs along with 401(k), 403(b), profit sharing, and defined benefit plans to optimize your required minimum distribution strategies.

Debt Payoff Schedules:

Includes student loans, mortgages, credit cards, and car payments. We will help you develop a payoff schedule that will free up the most cash flow for you, in the least amount of time given your current situation and household needs.

Tax Planning:

A major goal of tax planning is minimizing federal income tax liability. This can be achieved by:

  • Reducing taxable income through income deferral or shifting
  • Deduction planning
  • Investment tax planning
  • Year-end planning strategies

**This material has been provided for general informational purposes only and does not constitute either tax or legal advice. Investors should consult with a tax or legal professional regarding their individual situations.

Roth Conversions:

Sometimes, it makes sense to convert pretax dollars to tax-free dollars in order to reduce your taxable income in retirement. It can have an impact of several hundred thousand dollars in tax savings and retirement income.

We take this information and create a customized financial plan where you can track your goals and monitor your progress before and after retirement.

Family Business Advisory Services

Most family businesses are complex entities that span over multiple generations. Our firm has extensive experience in advising families in the following subjects:

  • Succession planning
  • Executive compensation planning
  • Minimizing taxes on the transition of wealth and assets to the next generation
  • Conflict resolution among current and future decision makers
  • Maintaining a balance between illiquid and liquid investments
  • Providing a high level of service to your key employees as part of their compensation package
  • Acting as a fiduciary and administering your company’s retirement plan benefits for your employees

Generational Wealth Planning

JWM wants to make sure that your wealth lasts for future generations and that is why we work hand in hand with younger family members to educate them on the importance of sustainable financial practices.

Estate Planning & Trustee Services

Estate planning is a difficult subject to discuss with loved ones, but arguably one of the most important aspects of your financial wellbeing. JWM has several relationships with attorneys if clients are looking for help with their estate. Our combined 29 years of industry experience can be utilized to help shape and design your estate plan. We can then work with your existing attorney or one we recommend to finalize and execute your estate plan.

Philanthropic & Charitable Planning

It is a popular practice for clients to fulfill their philosophical and charitable desires through their financial accounts. We possess the resources necessary to fulfill all philanthropic and charitable donations through the following vehicles:

  • Charitable remainder trusts
  • Charitable lead trusts
  • Private foundations
  • Donor-advised funds

Risk Management & Asset Protection Consulting

Risk management is intended to minimize financial and other losses potentially associated with risks to your assets, business, or health. Some examples of risk are personal and professional liability, business ownership, property loss, and catastrophic illness or disability. Your first line of defense is to identify your sources of risk and then to either avoid or minimize the major exposures. Your last line of defense is insurance.

JWM has formed a business relationship with Brennaman Independent Brokerage (BIB) to leverage both of our talents in efforts to create an all-encompassing service model for our clients. The partnership creates a win/win scenario for both JWM and BIB’s present and future clients. BIB’s strength is in risk management insurance including life, disability, and long-term care. By leaning on BIB’s insurance expertise, we can focus on managing wealth while knowing that clients’ assets are protected.

Debt Structure Analysis – Bank Financing

Our firm has experience in advising business owners on managing their debt structure and we will coordinate recommendations, negotiations, and implementation with their bank. Through our firm's interest rate forecasting model, we can provide independent analysis separate from your existing bank relationship. We also maintain relationships with several local, regional, and national banks if a referral is desired.