J. Team Financial, Inc. (Abilene)

J. Team Financial, Inc. is a large advisory firm based in Abilene. It manages $115.73 million of regulatory assets for 882 client accounts. It has been registered with the SEC as an adviser since 2013 and has operated in the jurisdiction of Texas.

J. Team Financial provides financial planning services, portfolio management for individuals and small businesses, portfolio management for investment companies, portfolio management for businesses and institutional clients, and pension consulting services. It prepares financial plans for more than 100 clients. On top of advisory services, the firm doesn't engage in other business activities.

J. Team Financial: assets under management

The assets under management (AUM) of J. Team Financial, Inc. is $115.73 million. The firm's AUM has grown by 151% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $113.92 million in discretionary accounts and $1.81 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $129.45 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $905.34 thousand.

Investments

The firm invests in exchange traded securities the most. They account for 42% of the total AUM. The second-largest asset type is investment and business development companies, which make up 33% of the firm’s portfolio. Investments in cash and cash equivalents form 19% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay J. Team Financial, Inc. for their services and products based on a percentage of assets under management, hourly charges, and fixed fees. Hourly charges are usually charged for consulting work and special projects. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Joseph S Team serves?

The firm provides services to individuals, investment companies, high net worth individuals, corporations or other businesses, and pension and profit sharing plans. The largest group of clients of Joseph S Team is high net worth individuals with 39 clients and $65.6 million of assets under management. Among the 8 most similar advisory firms, J. Team Financial has the 4th highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $115.73 million for 207 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.

J. Team Financial doesn't advise any private funds.

Careers at J. Team Financial, Inc.

The company employs 9 people that are either part- or full-time employees. 56 percent of the employees work as investment advisers or researchers. 5 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 compensates employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

Joseph S Team has been acting as President since 1 Aug 2007. Ian Disbrow Meiksins joined the executive team most recently as the Chief Compliance Officer.

Direct owners and executive officers

Based in Abilene

The principal office where J. Team Financial, Inc. performs its advisory services is located at 1174 N 3 Rd Street, Abilene, TX 79601, which is also the mailing address of the firm. An additional office of the firm is in Granbury, TX. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 325-480-1587 or by fax 817-796-2709. The normal business hours are 8:30am-5pm on Monday - Friday. You can find more information about the New York firm at teamstrategiesonline.com/.

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