J.M. Arbour, LLC

J.M. Arbour serves individuals (including high‑net‑worth clients) as well as pension and profit‑sharing plans, trusts, estates, charities, and other business entities. The firm provides comprehensive financial planning, discretionary portfolio management, retirement plan consulting, sub‑advisory services through Schwab’s Managed Account Marketplace, and acts as investment manager for private funds (JMA Private Credit Series and JMA Venture Fund Series).

The firm typically implements client objectives using model portfolios developed by sub‑advisers and third‑party model providers, and it supervises ongoing rebalancing and account-level customizations. J.M. Arbour also offers strategies such as direct indexing and may employ derivatives and options and advise on securities‑backed lines of credit (SBLOCs), noting these approaches can introduce additional risks and require informed client decisions.

Notable distinctions in the brochure include the firm’s routine preparation of performance reports (with a disclosed $50 annual administrative/technology fee applied to accounts included in those reports) and its disclosure of performance‑based compensation and a carried interest arrangement for its venture fund. The brochure also explicitly discusses the firm’s use of derivatives, the possibility of borrowing against accounts, direct indexing strategies, management of private funds limited to accredited investors, and the use of AI tools for certain services and meeting transcriptions.