Firm Info
Firm Size
Services Offered
- Financial Planning
- Portfolio Management for Individuals & Small Businesses
- Other
Types of Clients
- Individuals (Not High Net Worth)
-
Individuals High Net Worth
*>=750k in Investable Assets or >=1.5m of Estimated Total Net Worth
- Pension & Profit Sharing Plans
- Charitable Organizations
- Corporations or Other Businesses Not Listed Above
Available Fee Structures
- Percentage of Assets Under Management (AUM)
- Fixed Fees (Other than subscription)
Jupiter Wealth Management, LLC Overview
JUPITER WEALTH MANAGEMENT, LLC is a fee-only registered investment advisory firm based in Glendale, CO. The firm has been in business since 2018 and specializes in providing investment advice to its clients. Their fee arrangement is fee-only, meaning they do not receive any commissions or compensation for selling financial products. They offer financial planning services that include a comprehensive analysis of their clients' financial situation, investment objectives, and risk tolerance. Portfolio management services for individuals and small businesses are also available, where they create personalized investment strategies that align with their clients' financial goals and risk tolerance. JUPITER WEALTH MANAGEMENT, LLC also offers financial consulting services to help clients make informed financial decisions. These consulting services may cover topics such as retirement planning, college savings, tax planning, and estate planning. Their investment advice only practice ensures that their clients receive objective and unbiased financial advice.
JUPITER WEALTH MANAGEMENT, LLC has a diverse clientele that includes individuals, high net worth individuals, pension or profit sharing plans, and charitable organizations. The firm also caters to other corporation types not listed. Jupiter Wealth Management understands that each client is unique and has different financial goals and objectives. Therefore, the firm provides tailored services to meet the needs of each client. When it comes to fee structures, Jupiter Wealth Management offers two options depending on the service provided. The firm charges a percentage of the assets under management (AUM). This fee structure is typically used for investment management services. It is calculated as a percentage of the total value of the assets managed by the firm. The second fee structure available is fixed fees. Fixed fees are charged for services that are not tied to the size of the assets managed. This can include financial planning, tax planning, and estate planning services. Jupiter Wealth Management works closely with each client to determine which fee structure best suits their needs and helps them achieve their financial goals.
Typical Clients, Fee Structures & Investment Minimum
The Part 2 Brochure for Jupiter Wealth Management, LLC does not mention an investment minimum. Therefore, it is unclear what the firm's investment minimum is. It is recommended that interested individuals or parties contact the firm directly to inquire about their investment minimums.
How This Office Can Help Glendale, CO Residents
Jupiter Wealth Management is dedicated to helping individuals residing in Glendale, CO navigate the complex and ever-changing financial landscape. One of the key ways in which the firm assists clients is by providing personalized wealth management services that are tailored to their unique goals and circumstances. Whether a client is looking to grow their assets, minimize taxes, or plan for retirement, Jupiter Wealth Management has the expertise and tools to help them achieve their objectives. Some of the specific financial situations that someone living in Glendale, CO might be facing include rising living costs, fluctuating employment opportunities, and health care expenses. These challenges can be particularly daunting for individuals who are nearing retirement or have already retired. However, with the help of Jupiter Wealth Management, clients can develop a comprehensive financial plan that addresses these concerns and ensures their financial stability both now and in the future. From debt management and investment advice to estate planning and insurance solutions, Jupiter Wealth Management provides a full suite of services to help clients in Glendale, CO achieve their financial goals.
Services Offered by Jupiter Wealth Management, LLC
Core Advisor Services
Financial Planning
Financial planning services encompass the process of devising strategies for your future financial well-being, including preparing for events such as retirement, funding your child's college education, or planning for the transfer of assets.
Portfolio Management for Individuals & Small Businesses
Portfolio management entails the careful selection and strategic management of investment combinations tailored to meet the needs of individuals and small businesses.
Market Timing Services
Market timing services involve the endeavor to generate short-term profits from investments by capitalizing on opportunities to buy at low prices and sell at high prices.
Other Services
Selection of Other Advisors
The firm provides support in selecting and engaging other advisors who possess specialized expertise to complement your financial needs.
Publication of Periodicals or Newsletters
The firm engages in the dissemination of diverse financial educational materials through the publication of periodicals.
Educational Seminars & Workshops
The firm organizes and conducts seminars or workshops aimed at enlightening investors on various financial concepts.
Fee Structures
Financial advisory fees usually are based on the services provided. Fee types charged by Jupiter Wealth Management, LLC most likely consist of the following fee types: asset-based, hourly or fixed. Wrap fee programs, or the practice of bundling services for a single fee, are not offered by the firm.
Available
Percentage of Assets Under Management (AUM)
This fee structure charges a percentage of the assets under management by the firm. Fee structures are often tiered based on the amount of assets managed, with higher AUM often charged a lower rate.
Between 0.50% and 2.00% of assets under management (annually), often lower for a robo advisor. Fees are typically charged quarterly by the firm and will show on your investment statement. View typical advisor costs here.
~96% of registered firms offer this fee structure.
If you have $1 million managed by a firm at a 1% management fee, you would be charged $10,000/year to manage your assets (or $2,500 per quarter). This would be automatically deducted from your investment portfolio.
Fixed Fees (Other than subscription)
Fixed fees are a one-time, lump-sum payment rendered for a specific service, such as creating a financial plan without ongoing management or implementation. This option is beneficial if you solely require guidance for a particular objective rather than a long-term consultancy or asset management.
Fixed fees for creating a financial plan often range from $1,000 to $3,000.
~49% of registered firms offer this fee structure.
If you did not want a firm to manage your assets but needed to create a retirement plan, life transition plan such as divorce or loss of a spouse, estate transition plan, business financial plan, or any other financial planning, you could consult with an RIA firm to help you with the creation of that plan.
Unavailable
Hourly
Similar to an attorney, a financial consultant might charge fees based on hourly rates. This fee structure can be advantageous when seeking specific or ad hoc advice.
Charges generally span from $150 to $400 per hour, depending on the extent of the services required.
~33% of registered firms offer this fee structure.
If you needed hourly consulting to sell a business or transfer your estate to your children but did not want your assets managed by a firm, you could consult a firm at an hourly rate to answer any questions you may have.
Subscription (Newsletter or Periodical)
Commissions
Occasionally, advisors are compensated through commissions by selling certain financial products, such as mutual funds or life insurance policies, or as a broker-dealer by facilitating the buying and selling of securities. Advisors who receive commissions may be incentivized to make specific suggestions to clients in order to secure a commission. Advisors who operate on a fee-only basis do not earn commissions, whereas fee-based advisors may do so.
Often 3% - 6% of the value of the security.
Only ~3% of registered firms say they offer this fee structure, but other advisors may receive “soft dollars”. Many mutual funds charge 12b-1 fees to cover the promoting and selling of the fund’s shares. While your advisor does not charge these fees, they may receive a kickback for recommending the investment.
An advisor selling their client on a life insurance policy and receiving a commission on the sale of that policy, or recommending a specific investment and receiving a kickback for that recommendation.
Performance-based Fees
Advisors typically obtain performance-based fees if a portfolio surpasses a predefined benchmark. This fee is determined through various methods, but is most commonly assessed as a percentage of investment gains. Performance-based fees may incentivize advisors to undertake riskier decisions in pursuit of generating higher returns.
“Two and Twenty” is common among hedge funds with a 2% management fee and a 20% incentive fee above the “hurdle rate,” or performance threshold the fund is compared against.
32% of registered firms offer this fee structure.
A hedge fund earns a 15% return with a 20% performance fee in above the performance of the S&P 500, which grew 7% that same year.
20% of fund growth in excess of S&P 500’s 7% growth for that year = 15% hedge fund growth - 7% S&P 500 growth = 8% difference x 20% = 2% performance fee (in addition to the management fee).
Other
Firms occasionally offer unconventional fee structures when charging clients. For more detailed information about a firm’s specific fee structures, please refer to their Form ADV and Part 2 Brochure.
Types of Clients
*The Securities & Exchange Commission defines someone as “high net worth” if they have $750,000 or more in investable assets or $1.5M of estimated total net worth.
This Office Location
Other Office Locations
This firm has no other locations.
State Registrations
Jupiter Wealth Management, LLC is registered to service clients in the following states:
- California
- Colorado
- Florida
- Illinois
- Missouri
- Texas
Disciplinary History
Jupiter Wealth Management, LLC does not have any disclosures. Please visit it's Form ADV for more details.