Jrm Investment Counsel, L.L.C. (Omaha)

Jrm Investment Counsel, L.L.C. is a large advisory firm based in Omaha. It manages $434.35 million of regulatory assets for 116 client accounts. It has been registered with the SEC as an adviser since 2006 and has operated in the jurisdictions of Iowa and Nebraska.

Jrm Investment Counsel, L.L.C provides financial planning services, portfolio management for individuals and small businesses, and portfolio management for businesses and institutional clients. It prepares financial plans for less than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.

Jrm Investment Counsel, L.L.C: assets under management

The assets under management (AUM) of Jrm Investment Counsel, L.L.C. is $434.35 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 451% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $434.35 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $3.74 million each.

Investments

The firm invests in state and local bonds the most. They account for 59% of the total AUM. The second-largest asset type is exchange traded securities, which make up 25% of the firm’s portfolio. Investments in investment and business development companies form 15% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Jrm Investment Counsel, L.L.C. 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 Jrm Investment Counsel, L.L.C serves?

The firm provides services to individuals, high net worth individuals, banking or thrift institutions, and corporations or other businesses. The largest group of clients of Jrm Investment Counsel, L.L.C is banking or thrift institutions with 1 clients and $152.89 million of assets under management. Among the 11 most similar advisory firms, Jrm Investment Counsel, L.L.C has the highest percentage of banking or thrift institutions out of all clients.

The amount of regulatory assets under management is $434.35 million for 45 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.

Jrm Investment Counsel, L.L.C doesn't advise any private funds.

Careers at Jrm Investment Counsel, L.L.C.

The company employs 4 people that are either part- or full-time employees. 75 percent of the employees work as investment advisers or researchers. 3 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
Jack Robert Mcdonnell	Managing member and chief compliance officer	1 Oct 2005	75% - 100%	4100506
Phil Thomas Mcdonnell	Vice president and chief compliance officer	1 Mar 2016	Other	5114897

Based in Omaha

The principal office where Jrm Investment Counsel, L.L.C. performs its advisory services is located at 13625 California, Omaha, NE 68154, 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 402-884-3737 or by fax 866-669-9887. The normal business hours are 8:30-4:00 on Monday - Friday.