Jacobus Wealth Management Inc (Milwaukee)


Jacobus Wealth Management Inc is a large advisory firm based in Milwaukee. It manages $791.4 million of regulatory assets for 1,104 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of Colorado, Florida, Illinois, Minnesota, and Wisconsin.

Jacobus Wealth Management provides financial planning services, portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, selection of other advisers, and publication of newsletters. It prepares financial plans for more than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.

Jacobus Wealth Management: assets under management

The assets under management (AUM) of Jacobus Wealth Management Inc is $791.4 million. The firm's AUM has grown by 273% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $690.59 million in discretionary accounts and $100.81 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $737.02 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $603.66 thousand.
Jacobus Wealth Management has custody of $203.42 million in cash and securities for 47 clients in total and acts as a qualified custodian.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Jacobus Wealth Management Inc for their services and products based on a percentage of assets under management, hourly charges, and fixed fees. Flat-fee based compensation is the most transparent and the one you can safely predict in advance. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

Careers at Jacobus Wealth Management Inc

Nicholas Cassaro Wilson has been acting as President since 1 Apr 1996. Daniel Joseph Matola has served as the Chief Investment Officer since 1 Nov 2012. Richard Godfrey Jacobus joined the executive team most recently as the Director, Chairman Emeritus, Treasurer.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
Richard Godfrey Jacobus Ceo, director, chairman 1 Jul 1985 75% - 100% 1606235
Barbara J Wells Vice president/secretary, director 1 Aug 1986 Other 2861162
Barbara Jacobus Wells Vice president/secretary, director 1 Aug 1986 Other 2861162
Thomas Meilinger Sr. vice president 1 Jan 1996 Other 2724245
Thomas Edward Meilinger Sr. vice president 1 Jan 1996 Other 2724245
William Jensen Treas./director, vice chairman 1 Feb 1996 Other 2748745
William Kenneth Jensen Director, vice chairman 1 Feb 1996 Other 2748745
Nicholas Cassaro Wilson President/director 1 Apr 1996 Other 2270379
Nicholas Cassard Wilson Director, vice chairman 1 Apr 1996 Other 2270379
Julie Enloe Vice president 1 Nov 1997 Other 3041670
Julie Ann Enloe Vice president 1 Nov 1997 Other 3041670
Scott Ray Powell Vice president 1 Jan 2001 Other 2233137
Kenneth Lyle Evason President/ceo 1 Jun 2001 Other 4513002
Robert Richard Lapointe Vice president 1 Sep 2003 Other 4716036
Robert Richard Lapointe Chief compliance officer, vice president 1 Oct 2004 Other 4716036
Peter J Bach Director 1 Jan 2005 Other 5118376
John Robert Gehlhaart Vice president wealth advisory 1 Feb 2005 Other 2218291
Richard Godfrey Jacobus Director, vice chairman, treasurer 1 Jan 2010 75% - 100% 1606235
Kenneth Lyle Evason President/cio/director 1 Jan 2010 Other 4513002
Peter J Bach Chairman, director 1 Jan 2010 Other 5118376
Daniel Joseph Matola Vice president 1 Feb 2010 Other 5613814
M Dale Fritz Executive vice president and chief investment officer, director 1 Feb 2010 Other 2245128
Nicholas Cassard Wilson Director, managing director 1 Feb 2012 Other 2270379
Barbara Jacobus Wells Director, secretary 1 Feb 2012 Other 2861162
Robert Richard Lapointe Chief compliance officer, managing director 1 Feb 2012 Other 4716036
Richard Godfrey Jacobus Director, chairman, treasurer 1 Feb 2012 75% - 100% 1606235
Peter J Bach Director, chief executive officer 1 Feb 2012 Other 5118376
Daniel Joseph Matola Managing director 1 Feb 2012 Other 5613814
M. Dale Fritz Executive vice president, director 1 Nov 2012 Other 2245128
Daniel Joseph Matola Chief investment officer 1 Nov 2012 Other 5613814
Daniel Joseph Matola Director, chief investment officer 1 Mar 2014 Other 5613814
Richard Godfrey Jacobus Director, chairman emeritus, treasurer 1 Oct 2014 75% - 100% 1606235
Peter J Bach Director, chairman, chief executive officer 1 Oct 2014 Other 5118376
Daniel Joseph Matola Director, president, chief investment officer 1 Oct 2014 Other 5613814

Based in Milwaukee

The principal office where Jacobus Wealth Management Inc performs its advisory services is located at 2323 N.Mayfair Road,Suite 240, Milwaukee, WI 53226 1506, which is also the mailing address of the firm. An additional office of the firm is in Wayzata, MN. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 414-475-6565 or by fax 414-475-0317. The normal business hours are 8:00 a.m.- 5:00 p.m. on Monday - Friday. You can find more information about the New York firm at jwmfamilyoffices.com.

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