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JMR Financial Group

Updated today

Total assets under management

$68,063,849

Total clients

835

5% high-net worth

Total advisors

2

of 4 employees

Firm size

Supported

1-3 advisors or $200M+ in AUM

Average clients per advisor

418

Average account size

$81,514

About

JMR Financial Group provides discretionary portfolio management and financial planning to a broad client base that includes individual investors (including high-net-worth clients), qualified retirement plans, businesses, estates, and trusts. The firm reports roughly $68 million in assets under management across about 835 client relationships and charges asset-based fees for ongoing portfolio management.

The firm implements asset-allocation strategies using ETFs, mutual funds and, when appropriate to a client’s risk profile, individual securities; investment selection is informed by third‑party research and Morningstar-style analytics. Advisory accounts are typically managed on a discretionary basis under a limited power of attorney with quarterly reporting, and the firm discloses it may use shorting, leverage or inverse instruments when aligned with a client’s objectives and risk tolerance.

Notable distinctions include an owner who is a licensed CPA and in‑house tax, accounting and payroll services, which the brochure identifies as a formal part of the firm’s offerings rather than a referral relationship. The firm also engages in insurance sales and third‑party administration for retirement plans (including a history of placing plan business with a group annuity provider), and it operates with a very high client-to-advisor ratio—well over 200 clients per advisor—each of which the brochure notes can create potential conflicts that are disclosed to clients.

Client services

Financial planning Portfolio management Pension consulting

Expertise

Retirement plans for business owners (SEP, solo 401k) General tax planning Trust structures (GRAT, IDGT, revocable) Long-term care insurance

Fee options

Percentage

$0 - $250,000: 2.0% annually $250,001 - $500,000: 1.5% on excess over $250,000 up to $500,000 $500,001+: 1.0% on excess over $500,000 $500,001+: 1.0% on entire account balance for single, non-aggregated accounts over $500,000

Commissions

Commissions earned on insurance products and certain qualified retirement plan commissions ranging from 0.0% to 2.0% upfront and 0.25% to 0.80% trail

Other

Account minimum: $25,000, negotiable at the discretion of JMR Financial Group Minimum fee: $49 annual maintenance fee for accounts under $25,000 Fee-only: Financial planning fees starting at $2,000 with a max cap of $5,000; plan review starting at $150; continuous planning fee negotiated based on complexity

Main office location

JMR Financial Group

1225 Tower Avenue, Suite 305

Superior WI 54880, United States

Number of offices

1

Most active in

Georgia · Minnesota · Wisconsin

Disclosures

Exclamation point means they have disclosures of this type. Check mark means no disclosures of this type were found.

Business activities & affiliations

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