Jacobs & Company, LLC (San Francisco)

Jacobs & Company, LLC is a large advisory firm based in San Francisco. It manages $664.38 million of regulatory assets for 695 client accounts. It has been registered with the SEC as an adviser since 2017 and has operated in the jurisdictions of California, New York, and Texas.

Jacobs & Company provides portfolio management for individuals and small businesses. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Jacobs & Company: assets under management

The assets under management (AUM) of Jacobs & Company, LLC is $664.38 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 16% since the beginning of its operation, and $8.49 million of the total AUM is attributable to clients outside of the United States.

The firm manages $664.38 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $955.95 thousand each.

Jacobs & Company has custody of $380.03 million in cash and securities for 214 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in exchange traded securities the most. They account for 78% of the total AUM. The second-largest asset type is state and local bonds, which make up 12% of the firm’s portfolio. Investments in cash and cash equivalents form 5% of the total invested assets.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Jacobs & Company, LLC for their services and products based on a percentage of assets under management. 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 Jacobs & Company serves?

The firm provides services to individuals, high net worth individuals, and pension and profit sharing plans. The largest group of clients of Jacobs & Company is high net worth individuals with 154 clients and $590.07 million of assets under management. Among the 7 most similar advisory firms, Jacobs & Company has the highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $664.38 million for 209 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 1% of the firm’s clients are foreign persons or businesses.

Jacobs & Company doesn't advise any private funds.

Careers at Jacobs & Company, LLC

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
Matt David Jacobson	Managing member	1 Aug 1988	50% - 75%	4340890
Thomas William Newmeyer	Managing member, chief compliance officer	1 Aug 2002	25% - 50%	2513484
Adam Phillip Schneiberg	Managing member	1 Jan 2016	Other	2169983

Based in San Francisco

The principal office where Jacobs & Company, LLC performs its advisory services is located at 595 Market Street, San Francisco, CA 94105, 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 415-777-1617 or by fax 415-777-1619. The normal business hours are 8a.m. - 5 p.m. on Monday - Friday.