FIRM INFORMATION
J.P. Davis, Inc. dba NRG Wealth Management (“NRG,” “we,” “us,” “our”), a corporation formed in April
2003, is an SEC-registered investment advisory firm located in Oro Valley, Arizona.
PRINCIPAL OWNERS
On March 31, 2022, NRG is owned and controlled by John Paul Davis. Mr. Davis is its President and
Chief Compliance Officer.
INVESTMENT ADVISORY SERVICES
Portfolio Management Services:
NRG offers ongoing portfolio management services based on the individual circumstances of each
client. Based upon the client’s investment risk tolerance, NRG creates an Investment Policy Statement
which outlines the client’s Investor Life Cycle, Goal(s), Time Horizon, Liquidity Needs, Tax
Constraints, and Unique Circumstances. From this information, NRG constructs a portfolio that
matches the client’s specific situation. Portfolio management services include, but are not limited to,
the following:
• Investment strategy • Personal investment policy
• Asset allocation • Asset selection
• Risk tolerance • Regular portfolio monitoring
NRG evaluates the current investments of each client with respect to their risk tolerance levels and
time horizon. NRG will request discretionary authority from clients in order to select securities and
execute transactions without permission from the client prior to each transaction. Risk tolerance
levels and all suitability information is maintained using online software and will be reviewed at least
every two years.
NRG seeks to execute portfolio management decisions that are made in accordance with the fiduciary
duties owed to its clients and without consideration of NRG’s economic, investment, or other financial
interests. To meet its fiduciary obligations, NRG attempts to avoid, among other things, investment
or trading practices that systematically advantage or disadvantage certain client portfolios, and
accordingly, NRG’s policy is to seek fair and equitable allocation of investment
opportunities/transactions among its clients to avoid favoring one client over another over time. It
is NRG’s policy to allocate investment opportunities and transactions it identifies as being
appropriate and prudent among its clients on a fair and equitable basis over time.
Financial Guidance Services:
NRG’s Financial Guidance Services are generally delivered through the Blueprint, which includes, but
is not necessarily limited to, the following services (not all services are offered or applicable to all
clients):
Cash Out! Values exercise. Help create a clearly defined set of priorities focusing on the intent
and purpose of client resources, including money. The exercise is designed to help improve
financial life decisions.
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Lifestyle/Legacy goals. Determine and record a specific set of goals the client would like
to
accomplish regarding their financial future and legacy.
Financial goals review and analysis.
Record and deliver projections regarding aspects of the client’s future financial lives,
including the viability of financial plan through Monte Carlo simulation, investment
withdrawal rate, cash flow tables, investment growth rates, and estate value projections.
A net worth summary.
A portfolio snapshot.
Asset allocation recommendations.
Online portal to access bespoke financial reports and summaries on demand.
NRG offers modular planning services designed to meet an individual’s specific needs. Modular
planning most often will be charged on an hourly basis. These services may include one or more of
the following:
Cash flow management
Investment management recommendations for non-supervised assets (i.e., 401ks)
Retirement planning
Insurance needs analysis
Education cost planning
Estate planning (not including document preparation)
Tax planning (not including tax preparation and filing)
Loss of spouse planning
We will summarize our services in a written plan, which will typically include general
recommendations for a course of action or specific actions to be taken by the client. Implementation
of the recommendations will be at the client’s discretion.
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CLIENT INVESTMENT OBJECTIVES/RESTRICTIONS
NRG provides a tailored program for each client. This will include an interview session to get to know
the client’s specific needs and requirements, as well as a plan that will be executed by NRG on behalf
of the client. NRG may use model allocations together with a specific set of recommendations for each
client based on their personal restrictions, needs, and targets. On a case by case basis, our clients may
impose restrictions on investing in certain securities or types of securities in accordance with their
values or beliefs. However, if the restrictions prevent us from properly servicing the client’s account,
or if the restrictions would require us to deviate from our standard suite of services, we reserve the
right to end the relationship.
When we provide investment advice to you regarding your retirement plan account or individual
retirement account, we are fiduciaries within the meaning of Title I of the Employee Retirement
Income Security Act and/or the Internal Revenue Code, as applicable, which are laws governing
retirement accounts. The way we make money creates some conflicts with your interests, so we
operate under a special rule that requires us to act in your best interest and not put our interest ahead
of yours.
WRAP FEE PROGRAMS
NRG does not participate in, recommend, or offer wrap fee programs.
ASSETS UNDER MANAGEMENT
As of December 31, 2023, NRG managed $171,384,457 in AUM on a discretionary basis.