JBA Financial Advisors

JBA Financial Advisors provides discretionary and non-discretionary investment management, financial planning and consulting, and advisory referral services to individuals (including trusts, estates, 401(k)s and IRAs), high-net-worth individuals, charitable and non-profit organizations, and business entities. The firm offers segmented (hourly or fixed-fee) projects as well as comprehensive ongoing planning that incorporates investment management and may include recommendations for insurance and tax-related services.

The adviser uses Modern Portfolio Theory to construct diversified portfolios and generally emphasizes index funds and index‑linked ETFs as the core of a passive strategy for discretionary accounts, while non‑discretionary accounts may hold individual stocks, investment‑grade bonds, UITs and preferred stock to meet income or growth objectives. Financial planning is supported by Interactive Monte Carlo simulation, accounts are reviewed at least quarterly, and discretionary trading authority is used only when clients grant limited power‑of‑attorney or trading authorization.

Noteworthy aspects disclosed in the brochure include work with charitable and non‑profit clients, a relatively small client base (about 19 relationships) with roughly $30.6 million in discretionary assets under management, and the firm’s receipt of referral compensation from third‑party asset managers as well as commissions from insurance appointments. The brochure also discloses that the adviser may provide tax‑representation services and that these compensation arrangements can create conflicts of interest which are disclosed to clients.