Description of Advisory Firm
J.J. Burns & Company’s registration was granted by the U.S. Securities and Exchange Commission on May
15, 2006. James Joseph Burns, CFP (CRD Number 1746094) is President of JJBCO. Mr. Burns owns one
hundred (100%) percent of the equity of JJBCO. JJBCO is not publicly owned or traded. There are no indirect
owners of JJBCO or intermediaries who have any ownership interest in JJBCO. JJBCO manages each client’s
portfolio on an individualized basis. Clients may impose restrictions on their accounts. JJBCO does not
participate in wrap programs. As of December 31, 2023, JJBCO managed assets on a discretionary basis in
the amount of $885,348,824.
Types of Advisory Services
Investment Management Services
We are in the business of managing individually tailored investment portfolios. 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 policy or an investment plan
with an asset allocation target and create and manage a portfolio based on that policy and allocation
target.
Account supervision is guided by the stated objectives of the client (e.g., maximum capital appreciation,
growth, income, or growth and income), as well as tax considerations. Clients may impose reasonable
restrictions on investing in certain securities, types of securities, or industry sectors. Fees pertaining to this
service are outlined in Item 5 of this brochure.
Financial Planning
For clients who engage JJBCO for financial planning, we look at the whole picture: where the client is today,
where they want to go, what they envision for their future—and future generations—and what it will take
to get them there.
Our goal is to help the client plan and build the life they want. And it starts with a relationship. We spend
time getting to know the client, including the things that matter to them and the people they care about.
We help them clarify not just their financial goals, but what it means to them to live a rich life. We
understand that wealth is much more than net worth—it’s about family, security, meaning, purpose. It’s
about living life on their terms.
Developing A Personalized Plan
Once we’ve identified the client’s values,
priorities, and goals, we begin the process of constructing their
personalized, comprehensive plan, or “roadmap.” We conduct an in-depth assessment of their financial
situation, including their budget and cash flow, current assets, savings, and insurance needs. We also look
into their goals for retirement, for their estate, and the legacy they hope to pass on. Then we integrate all
of these pieces into a comprehensive financial plan that’s completely customized to them and their family.
Elements of a Comprehensive Financial Plan
• Cash Flow & Budget Analysis– We analyze how much you earn, how much you spend, and
how much you allocate for your financial goals.
• Net Worth Evaluation– We look at your assets, debts, and savings. This gives us a clear
understanding of your current financial health.
• Risk Management & Insurance– Are you and your family protected from life’s contingencies?
We assess the risks and make sure you’re covered.
• Investment Planning– We build a diversified, strategic portfolio based on your tolerance for
risk, investment time horizon, and targeted rate of growth.
• Retirement Planning–We provide recommendations and projections based on your
retirement goals and how much you need to save.
• Estate Planning– We work with you to create an enduring legacy, ensure your loved ones will
be cared for, minimize costs and taxes, and maximize charitable gifts.
• Heritage Planning– We work with you to determine your goals for future generations and
teach your loved one’s important financial values and skills.
• Charitable Planning– We craft a plan that supports the causes you care about while delivering
tax benefits, maximizing your impact, and creating a meaningful legacy.
Of course, life isn’t static—and neither is the financial plan. At times we’ll need to reevaluate and make
adjustments, especially during life transitions. But we always have your long-term plan to keep us focused
and on track.
Client Tailored Services and Client Imposed Restrictions
We offer the same suite of services to all of our clients. However, specific client financial plans and their
implementation are dependent upon a client’s current situation and is used to construct a client specific
plan to aid in the selection of a portfolio that matches restrictions, needs, and targets.
Wrap Fee Programs
We do not participate in wrap fee programs.