JMF Capstone Wealth Management

JMF Capstone Wealth Management serves individuals (including high‑net‑worth clients), qualified retirement plans, trusts, charitable organizations, foundations, corporations and small businesses, and managed about $415 million in discretionary assets as of December 31, 2025 while advising on additional self‑directed retirement assets. The firm provides discretionary portfolio management, participant‑directed retirement plan advisory, and broader financial consulting that can include income and estate tax planning, business sale structures, college planning and insurance analysis.

Capstone’s investment approach is rooted in Modern Portfolio Theory and relies primarily on diversified, passive or evidence‑based mutual funds and ETFs, supplemented where appropriate by model portfolios and selectively allocated alternatives; the firm uses asset‑allocation tools, Monte Carlo analysis and periodic rebalancing to implement buy‑and‑hold strategies. For clients needing specialized exposure, Capstone may retain independent managers or sub‑advisors — including a dedicated fixed‑income manager for laddered bond portfolios — and it uses third‑party providers such as Focus Partners/Advisor Solutions and Dimensional for model portfolios and back‑office services.

A distinctive aspect of Capstone is its affiliation with an accounting firm, Jamison Money Farmer PC, which also provides pension consulting services; Capstone may recommend those accounting and pension consulting services to clients while disclosing the potential conflict and noting clients are not required to engage the affiliate. The firm’s routine use of a sub‑advisor/back‑office partner for model portfolios and fixed‑income management, and its explicit arrangements to coordinate retirement plan services with that partner, also differentiates how it delivers plan and fixed‑income solutions compared with many peers.