JMS is a SEC-registered investment adviser with its principal place of business located in Sewickley, PA. JMS began conducting business in
2015.
Listed below are the firm's principal shareholders:
• JMS is a wholly owned subsidiary of JMS Capital Group LLC.
• John M. Schneider is the sole owner of JMS Capital Group LLC.
INDIVIDUAL PORTFOLIO MANAGEMENT
We also provide several types of advisory services separately or in combination. Our primary clients for these services will be pension, profit
sharing and 401(k) plans, individuals and trusts, estates and charitable organizations.
Our firm provides continuous advice to a client regarding the investment of client funds based on the individual needs of the client. Through
personal discussions in which goals and objectives based on a client's particular circumstances are established, we develop a client's personal
investment strategy and create and manage a portfolio based on that strategy. During our data gathering process, we determine the client’s
individual objectives, time horizons, risk tolerance and liquidity needs. As appropriate, we also review and discuss a client's prior investment
history, as well as family composition and background.
We manage these advisory accounts on a discretionary or non-discretionary basis. Account supervision is guided by the client's stated goals,
objectives, risk tolerance, as well as tax considerations. Investment Objective and Risk Tolerance are reviewed on a periodic basis. Clients may
impose reasonable restrictions on investing in certain securities, types of securities, or industry sectors.
Our first priority is protecting clients’ money by staying within the spectrum of acceptable risk based on each client’s specified risk tolerance –
and doing so through highly personalized service. As a registered investment advisor subject to Section 206 of the Advisers Act, JMS acts as a
fiduciary related to the conduct of its investment management and advisory services. As such JMS has an obligation to act in the best interest of
its clients guided by the core fiduciary duties of loyalty and care.
JMS will adhere and comply with the following Impartial Conduct Standards;
(1) When providing investment advice to an Investor, JMS will provide investment advice that is, at the time of the recommendation,
in the Best Interest of the Investor. Such advice shall reflect the care, skill, prudence, and diligence under the circumstances then
prevailing that a prudent person acting in a like capacity and familiar with such matters would use in the conduct of an enterprise
of a like character and with like aims, based on the investment objectives, risk tolerance, financial circumstances, and needs of
the Investor, without regard to the financial or other interests of JMS or any affiliate, related entity, or other party;
(2) The recommended transaction will not cause JMS or their affiliates or related entities to receive, directly or indirectly,
compensation for their services that is in excess of “reasonable compensation” as that term is defined in ERISA section 408(b)(2)
and Code section 4975(d)(2).
(3) Statements by JMS to the Investor about the recommended transactions, fees and compensation, conflicts of interest, and any
other matters relevant to a Investor's investment decisions, will not be materially misleading at the time they are made.
The designated Impartial Conduct Standards officer for JMS is Melissa Corso. Ms. Corso will be responsible for addressing material conflicts of
interest and monitoring JMS’s adherence to the Impartial Conducts Standards.
Our investment recommendations are not limited to any specific product or service offered and will generally include advice regarding the
following securities:
Exchange-listed securities Securities traded over-the-counter
Foreign issuers Corporate debt securities (other than commercial paper)
Private equity Municipal securities
Variable life insurance Variable annuities
Mutual fund shares United States governmental securities / Certificates of deposit
Options contracts on securities Interests in partnerships investing in real estate
Because some types of investments involve certain additional degrees of risk, they will only be implemented/recommended when consistent with
the client's stated investment objectives, tolerance for risk, liquidity and suitability.
FINANCIAL PLANNING
We provide financial planning services. Financial planning is a comprehensive evaluation of a client’s current and future financial state by using
currently known variables to predict future cash flows,
asset values and withdrawal plans. Through the financial planning process, all questions,
information and analysis are considered as they impact and are impacted by the entire financial and life situation of the client.
In general, the financial plan can address any or all of the following areas:
• PERSONAL: We review family records, budgeting, personal liability, estate information and financial goals.
• TAX & CASH FLOW: We analyze the client’s income tax and spending for past, current and future years; then illustrate the impact
of various investments on the client's current income tax and future tax liability.
• INVESTMENTS: We analyze investment alternatives and their effect on the client's portfolio.
• INSURANCE: We review existing policies to ensure proper coverage for life, health, disability and long-term care.
• RETIREMENT: We analyze current strategies and investment plans to help the client achieve his or her retirement goals.
• DEATH & DISABILITY: We review the client’s cash needs at death, income needs of surviving dependents, estate planning and
disability income.
• ESTATE: We assist the client in assessing and developing long-term strategies, including as appropriate, living trusts, wills,
review estate tax and powers of attorney.
We gather required information through in-depth personal interviews. This information includes the client's current financial status, tax status,
future goals, returns, objectives and attitudes towards risk. We carefully review documents supplied by the client, including a questionnaire
completed by the client, and prepare a recommendation.. Should the client choose to implement the recommendations contained in the plan, we
suggest the client work closely with his/her attorney, accountant, insurance agent and/or financial advisor. Implementation of the financial plan
recommendation is entirely at the client's discretion.
We also provide general non-securities advice on topics that may include tax and budgetary planning, estate, retirement and/or business
planning. Typically the financial plan is presented to the client within three months of the contract date, provided that all information needed to
prepare the financial plan has been promptly provided.
Financial Planning recommendations are not limited to any specific product or service.
PENSION CONSULTING SERVICES
Pension Consulting Services are comprised of four distinct services. Clients may choose to use any or all of these services.
Investment Policy Statement Preparation (hereinafter referred to as ''IPS''): We will meet with the client (plan sponsor, individual, trustee, etc) to
determine an appropriate investment strategy that reflects stated investment objectives for management of the overall plan. Our firm can then
prepare a written IPS detailing those needs and goals, including an encompassing policy under which these goals are to be achieved. The IPS
also lists the criteria for selection of investment vehicles as well as the procedures and timing interval for monitoring of investment performance.
Selection of Investment Vehicles: We will then review various mutual funds (both index and managed) to determine which investments are
appropriate to implement the client's goals and/or IPS. We can assist the client in constructing appropriate asset allocation models. The number
of investments to be recommended will be determined by the client and/or based on the IPS.
Monitoring of Investment Performance: We monitor client investments continually, based on the procedures and timing intervals delineated in
the Investment Policy Statement. We supervise the client's portfolio and will make recommendations to the client as market factors and the
client's needs dictate.
Employee Communications: For pension, profit sharing and 401(k) plan clients with individual plan participants exercising control over assets in
their own account (''self-directed plans''), we can also provide educational support and investment workshops designed for the plan participants
when the plan sponsor engages our firm to provide these services. The nature of the topics to be covered will be determined by us and the client
under the guidelines established in ERISA Section 404(c). The educational support and investment workshops will NOT provide plan
participants with individualized, tailored investment advice or individualized, tailored asset allocation recommendations.
AMOUNT OF MANAGED ASSETS
As of December 31, 2023, we actively managed approximately $144,000,000 of clients’ assets.