Jackson Avenue, LLC (“JAL” or “Advisor”), also known as Jackson Avenue Advisors was
established in January 2008 and approved as a Registered Investment Adviser in December 2011.
Jackson Avenue, LLC is principally owned by Joseph Jason Dwyer.
JAL is an investment adviser registered with the Securities and Exchange Commission (“SEC”)
under the Investment Advisers Act of 1940.
JAL provides fee-based advisory services to Retirement Plans (401(k), pension, profit-sharing, and
non-qualified plans). JAL renders continuous and regular investment supervisory services to
Retirement Plans; however, this is done either on a non-discretionary or a discretionary basis. JAL
willingly accepts the designation as a “Co-Fiduciary” under ERISA 3(21)(A) or “Investment
Manager” ERISA 3(38) status as part of its normal course of business.
JAL also provides fee-based advisory services to Individuals (non-Retirement Plans – persons,
corporations, other companies). JAL renders continuous and regular investment supervisory
services to Individuals; however, this is done either on a non-discretionary or a discretionary basis.
Retirement Plans and Individuals will collectively be referred to herein as “Client”.
As of February 26, 2024, JAL’s Form ADV discloses $154,057,022 in total assets under
management. This total includes $61,333,812 in non-discretionary Retirement Plan assets under
advisement, primarily comprised of ERISA qualified retirement plan assets where JAL acts as an
ERISA 3(21) fiduciary, and $92,723,210 in discretionary Retirement Plan assets under
advisement, primarily comprised of qualified retirement assets where JAL acts as an ERISA 3(38)
investment manager. The total also includes $ 2,951,095 in Individual assets under management,
the majority of which are managed on a discretionary basis.
JAL will require each Client to elect services in writing as part of the Advisory Agreement (AA).
The AA will state the negotiated fee for services elected.
Retirement Plan Advisory Services
Retirement Plan advisory services include, but are not limited to:
ERISA 3(21) Investment Advisor Fiduciary Services (Non-Discretionary):
▪ Development of Investment Policy Statement
▪ Recommendations for Selecting & Monitoring the Plan’s Investments
▪ Investment Performance Measurement & Analysis
▪ Recommendations for Selecting & Monitoring Qualified Default Investment Alternatives
▪ Individualized Investment Advice to Plan Participants
▪ Creation of Asset Allocation Model Portfolios
ERISA 3(38) Investment Manager Fiduciary Services (Discretionary):
▪ Development of Investment Policy Statement
▪ Selecting & Monitoring the Plan’s Investments
▪ Investment Performance Measurement & Analysis
▪ Selecting & Monitoring Qualified Default Investment Alternatives
▪ Individualized Investment Advice to Plan Participants
ERISA Non-Fiduciary Services:
▪ Assistance with Fiduciary Oversight & Committee Education
▪ Assistance with Plan
Fiduciaries’ Selection & Management of Service Providers (SP)
▪ Employee Investment Education & Communication
Clients may choose to name Advisor as either a “non-discretionary fiduciary” (serving as a fiduciary
as defined by §3(21)(A)(ii) of the Employee Retirement Income Security Act of 1974 (ERISA));
or as a “discretionary fiduciary” serving as investment manager as defined by §3(38) of ERISA.
In either capacity, Advisor provides specific investment advice to the Client regarding the selection
and monitoring of investments available to the Plan within the platform provided by the SP. When
the SP selected does not allow for alternatives to a pre-selected investment menu, Advisor will
simply act as the independent investment advisor to Plan participants and as a Plan
advisor/consultant to the Client with no responsibility for the selection and monitoring of Plan
investments.
Individual Advisory Services
Individual advisory services include, but are not limited to:
▪ Establishment of Investment Objectives and Guidelines
▪ Asset Allocation Analysis
▪ Investment Manager Selection /Mutual Fund Evaluation
▪ Ongoing Investment Manager/Mutual Fund Due Diligence
▪ Ongoing Quarterly Performance Measurement
The Advisor practices custom management of portfolios, on a discretionary basis, according to the
Client’s objectives. The Advisor’s primary approach is to use a tactical allocation strategy aimed
at reducing risk and increasing performance. The Advisor may use any of the following: exchange
listed securities, over-the-counter securities, CDs, mutual funds, and United States government
securities to accomplish this objective. The Advisor measures and selects mutual funds by using
various criteria, such as the fund manager’s tenure, and/or overall career performance. The Advisor
may recommend, on occasion, redistributing investment allocations to diversify the portfolio in an
effort to reduce risk and increase performance. The Advisor may recommend specific stocks to
increase sector weighting and/or dividend potential. The Advisor may recommend employing cash
positions as a possible hedge against market movement which may adversely affect the portfolio.
The Advisor may recommend selling positions for reasons that include, but are not limited to,
harvesting capital gains or losses, business or sector risk exposure to a specific security or class of
securities, overvaluation or overweighting of the position(s) in the portfolio, change in risk
tolerance of Client, or any risk deemed unacceptable for the Client’s risk tolerance.
Advisor will tailor its advisory services to its Client’s individual needs based on meetings and
conversations with the Client. If Clients wish to impose certain restrictions on investing in certain
securities or types of securities, the Advisor will address those restrictions with the Client to have
a clear understanding of the Client’s requirements.
Advisor does not participate in wrap fee programs.