JLA Capital, LLC

JLA Capital LLC provides ongoing portfolio management to individual and high‑net‑worth clients, developing an Investment Policy Statement for each client and implementing tailored asset allocation across mutual funds, equities, exchange‑traded funds (including precious‑metal ETFs), fixed income (including TIPS) and select non‑U.S. securities. Services are generally delivered with discretionary trading authority and regular portfolio monitoring, with client reporting provided through the account custodian.

The firm combines fundamental analysis, modern portfolio theory, quantitative models and technical analysis to construct portfolios and may use model allocations adjusted for client‑imposed restrictions. Investment strategies include both long‑ and short‑term trading as well as options strategies (including covered and uncovered positions and spreads), with accounts reviewed at least quarterly or when client or market events trigger a review.

Noteworthy aspects of the firm include its explicit use of options that can involve uncovered positions and its inclusion of more complex ETF and fixed‑income instruments, which can raise strategy complexity and risk compared with many peers. The firm requires custody through Schwab Institutional (and may receive related custodial services and research), directly deducts advisory fees from client accounts and discloses paid client referrals from SmartAsset.