J.G.Hendricks Financial Services, LLC (West Dundee)

Name: J.G.Hendricks Financial Services, LLC
Address: 650 Spring Hill Ring Road, West Dundee, IL, 60118
Telephone: 847-428-3997

J.G.Hendricks Financial Services, LLC is a large advisory firm based in West Dundee. It manages $140.58 million of regulatory assets for 1,733 client accounts. It has been registered with the SEC as an adviser since 2017 and has operated in the jurisdictions of California, Colorado, Florida, and 6 other states.

J.G.Hendricks Financial Services provides financial planning services, portfolio management for individuals and small businesses, and pension consulting services. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

J.G.Hendricks Financial Services: assets under management

The assets under management (AUM) of J.G.Hendricks Financial Services, LLC is $140.58 million. The firm's AUM has grown by 39% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $136.78 million in discretionary accounts and $3.8 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $84.64 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $32.49 thousand.

Investments

The firm invests in investment and business development companies the most. They account for 98% of the total AUM. The second-largest asset type is exchange traded securities, which make up 1% of the firm’s portfolio. Investments in cash and cash equivalents form 1% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay J.G.Hendricks Financial Services, LLC 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 J.G.Hendricks Financial Services serves?

The firm provides services to individuals, high net worth individuals, and pension and profit sharing plans. The largest group of clients of J.G.Hendricks Financial Services is individuals with 506 clients and $104.8 million of assets under management. Among the 10 most similar advisory firms, J.G.Hendricks Financial Services has the highest percentage of individuals out of all clients.

The amount of regulatory assets under management is $140.58 million for 534 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.G.Hendricks Financial Services doesn't advise any private funds.

Careers at J.G.Hendricks Financial Services, LLC

The company employs 2 people that are either part- or full-time employees. 100 percent of the employees work as investment advisers or researchers. 2 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
James Gerald Hendricks	Managing member & chief compliance officer	1 Oct 2017	75% - 100%	4514899
Sean Michael Hendricks	Chief compliance officer	1 Aug 2019	Other	6064288

Based in West Dundee

The principal office where J.G.Hendricks Financial Services, LLC performs its advisory services is located at 650 Spring Hill Ring Road, West Dundee, IL 60118, which is also the mailing address of the firm. An additional office of the firm is in Kihei, HI. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 847-428-3997. The normal business hours are by appointment on Monday - Friday. You can find more information about the New York firm at jghfs.com/.