Stolper Asset Management was founded in 2002 by Jon Stolper, who is
the Chief Investment Officer and Portfolio Manager. The Adviser
provides portfolio management for clients through discretionary accounts
for a fee based on a percentage of the assets under management. The
Adviser also publishes quarterly newsletters free of charge to clients and
prospects. The Adviser focuses primarily on serving individuals, trusts,
estates, charitable organizations, corporations, and other business entities
with the following types of investments:
• Equity securities (exchange-listed, over-the-counter, and foreign
issuers)
• Corporate debt securities (other than commercial paper)
• Exchange-Traded Funds
• Closed-End Funds
• Preferred securities
• Real Estate Investment Trusts
• Master Limited Partnerships
• Commercial paper
• Certificates of Deposit
• Municipal securities
• U.S. Government securities
As of December 31, 202
3, the Adviser had the following in assets
under management:
0
Total Assets:
$
264,076,766
Advisory services are tailored to the needs of each client’s specific
situation. However, clients are not allowed to impose restrictions on
investments at this time. For more information regarding the Adviser’s
methods of analysis and investment strategies, please refer to Methods of
Analysis, Investment Strategies and Risk of Loss sections of this brochure.
The only advisory accounts offered by Stolper Asset Management are
discretionary wrap programs. These programs are not the lowest cost
Discretionary : $264,076,766
Non-Discretionary:
$
alternative for all investors, particularly “buy and hold” investors and
investors in fixed-income securities. Our Investment Adviser
Representatives have a financial incentive to recommend the wrap
programs, which creates an inherent conflict of interest. Stolper Asset
Management ensures that this conflict of interest is addressed in the
following ways:
• Disclosing all identified conflicts of interest prior to making
recommendations to clients. The disclosures are made in writing
(this brochure and Form CRS), and verbally when discussing
recommendations with clients.
• Only recommending accounts that are in a client’s best interest,
ensuring that our recommendations align with the client’s stated
investment objectives, investment timeframe, financial condition,
tax status, and risk profile. Examples in which we might
recommend an Advisory account:
° Clients with more than $100,000 to invest
° Clients seeking discretionary investment management
° Clients with a long-term investment horizon
Examples in which we might recommend a Brokerage
account:
°
Clients with less than $100,000 to invest
° Clients seeking fixed income investments totaling more
than $100,000
° Clients seeking a “buy and hold” investment strategy
° Clients with short-term investment horizons
° Clients who prefer making their own investment
decisions
• Prohibiting compensation or other benefits (financial or
otherwise) to our Representatives that might provide incentive to
make recommendations against clients’ best interest – for
example, compensation based on quotas, bonuses, sales contests,
special awards based on the product sold, accounts recommended,
AUM, or services provided; forgivable loans based upon the
achievement of specified performance goals related to asset
accumulation, revenue benchmarks, client transfer, or client
retention.
• Allowing our Investment Advisor Representatives to also serve as
Registered Representatives of R
aymond James Financial
Services, Inc. (RJFS), member FINRA/SIPC, a broker-dealer
that offers
more appropriate vehicles for investors whose best
interest is not
served by a discretionary wrap program. Jon
Stolper is a
Registered Representative of RJFS, and Susan
McDonald is not.
Privacy Notice
Stolper Asset Management is committed to protecting confidentiality
of the information furnished to us by our clients. We are providing you
this information as required by Regulation S-P adopted by the
Securities and Exchange Commission.
Information about you that we collect. We collect nonpublic
personal information about you from information we receive
from you on applications or other forms or through our Website and
information about your transactions with us.
How we protect your confidential information. Stolper
Asset Management has policies that restrict access to nonpublic
personal information about you to those employees who have
need for that information to provide investment alternatives or
services to you, and to employees who assist those who provide
investment alternatives or services to you. We maintain physical,
electronic and procedural safeguards to protect your nonpublic
personal information.
Our use of information about you. We share information about you
with Raymond James & Associates (“RJA”), member NYSE/SIPC
as the Custodian of all client accounts for everyday business purposes
such as processing your transactions and maintaining your accounts. As
required, we may also share information about you in response to court
orders or reporting to credit bureaus. We do not share any of
your personal information with RJA or any other company for their
marketing purposes.