FJP Portfolio Management

FJP Portfolio Management provides fee-based, discretionary investment management for individuals, high‑net‑worth individuals, trusts, IRAs, and small‑business retirement plans, overseeing about $29.4 million across 23 client accounts. Accounts are custodied at Charles Schwab and fees are charged as a percentage of assets; the firm requires a $75,000 minimum for new accounts with limited waivers.

The firm’s investment approach emphasizes long‑term total return with a buy‑and‑hold orientation informed by fundamental, value‑driven analysis (discounted cash flow, price‑earnings, growth and cash‑flow metrics). Risk is managed through position sizing (a 10% limit on any equity at purchase, though positions may grow larger with appreciation), selective use of mutual funds, bonds, ETFs and cash equivalents, and discretionary rebalancing subject to client instructions.

Distinctive features include a long operating history (registered since 1998) and a small client base that results in relatively large average account sizes, which the brochure indicates supports individualized portfolio construction and quarterly reports with market commentary. The firm discloses that it does not vote client proxies (clients retain voting authority), does not accept third‑party referral or soft‑dollar compensation, and that advisor and family trading may occur with client orders allocated using Schwab’s daily average execution.