Jamison Private Wealth Management, Inc. (Milton)


Jamison Private Wealth Management, Inc. is a large advisory firm based in Milton. It manages $307.51 million of regulatory assets for 285 client accounts. It has been registered with the SEC as an adviser since 2016 and has operated in the jurisdictions of Alabama, Florida, Georgia, and 5 other states.

Jamison Private Wealth Management provides financial planning services and 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.

Jamison Private Wealth Management: assets under management

The assets under management (AUM) of Jamison Private Wealth Management, Inc. is $307.51 million. The firm's AUM has grown by 40% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $295.79 million in discretionary accounts and $11.73 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $1.08 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $1.07 million.
Jamison Private Wealth Management has custody of $172.44 million in cash and securities for 160 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in exchange traded securities the most. They account for 90% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 8% of the firm’s portfolio. Investments in investment and business development companies form 1% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Jamison Private Wealth Management, Inc. for their services and products based on a percentage of assets under management and hourly charges. 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 Robert Peyton Jamison serves?

The firm provides services to individuals, high net worth individuals, pooled investment vehicles, corporations or other businesses, and pension and profit sharing plans. The largest group of clients of Robert Peyton Jamison is high net worth individuals with 55 clients and $199.13 million of assets under management. Among the 11 most similar advisory firms, Jamison Private Wealth Management has the 6th highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $307.43 million for 280 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.

Jamison Private Wealth Management doesn't advise any private funds.

Careers at Jamison Private Wealth Management, Inc.

The company employs 3 people that are either part- or full-time employees. 100 percent of the employees work as investment advisers or researchers. 3 employees are registered as investment adviser representatives with the state securities authorities.

There are 2 people 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.

Robert Peyton Jamison has been acting as President since 1 Nov 1988. Oscar Joe Spain joined the executive team most recently as the Chief Compliance Officer.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
Robert Peyton Jamison President 1 Nov 1988 75% - 100% 4371603
Oscar Joe Spain Chief compliance officer 1 Oct 2004 Other 4930298
Robert Peyton Jamison Manager 1 Jun 2006 Other 4911745

Based in Milton

The principal office where Jamison Private Wealth Management, Inc. performs its advisory services is located at 12630 Crabapple Road, Milton, GA 30004, 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 678-323-3454 or by fax 678-323-3455. The normal business hours are 9:00 a.m. - 5:00 p.m. on Monday - Friday. You can find more information about the New York firm at jamisonwealth.com.