Overview
John G. Ullman & Associates, Inc. (JGUA) is a comprehensive financial management firm
offering to its clients discretionary investment advice and financial planning services regarding
all aspects of their financial affairs. JGUA was founded in 1978 by John G. Ullman. The
principal owners of JGUA still remain John G. & Barbara L. Ullman. Financial planning
activities constitute approximately 50% of the services offered by JGUA. Investment
management services are provided on a discretionary basis through customized programs.
Clients receive investment advice on equity securities, warrants, corporate bonds, municipal
bonds, convertible bonds, variable rate bonds, foreign currency bonds, commercial paper, bank
CD's, mutual fund shares, exchange-traded funds, executive stock options, government securities
and partnerships investing in real estate and oil and gas interests. With the prior consent of the
client, JGUA furnishes discretionary investment management services defined as the authority to
determine, without obtaining the specific client consent, the securities
to be bought or sold, the
amount of the securities to be bought and sold and the commission rates to be paid. Investment
advice is also furnished through consultation.
JGUA manages balanced portfolios based on the personal objectives of clients. The portfolio
can consist of one or more of several types of accounts, established in the client's name. JGUA
works with clients to establish a risk tolerance profile that serves as our guide for investing. This
risk segmentation profile is developed based on the clients overall financial goals, risk tolerance,
other investments, and investment preferences. We do have processes in place to allow clients to
impose restrictions on investing in certain securities or types of securities.
As of December 31, 2023, JGUA had over $1,161,186,279 in assets under management. As of
that date, JGUA managed $1,124,678,215 on a discretionary basis and $36,508,064 on a non-
discretionary basis. In addition, we manage $99,110,950 in proprietary and employee assets.
We manage over one thousand client families.
- 2 - March 27, 2024