Gamble Jones Investment Counsel (Pasadena)

Name: Gamble Jones Investment Counsel
Address: 301 E. Colorado Boulevard, Pasadena, CA, 91101
Telephone: 626-795-7583

Gamble Jones Investment Counsel is a large advisory firm based in Pasadena. It manages $1.28 billion of regulatory assets for 1,176 client accounts. It has been registered with the SEC as an adviser since 2008 and has operated in the jurisdictions of Arizona, California, Colorado, and 16 other states.

Gamble Jones Investment Counsel provides financial planning services, portfolio management for individuals and small businesses, and portfolio management for businesses and institutional clients. It prepares financial plans for more than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.

Gamble Jones Investment Counsel: assets under management

The assets under management (AUM) of Gamble Jones Investment Counsel is $1.28 billion. The firm's AUM has grown by 13% since the beginning of its operation, and $1.2 million of the total AUM is attributable to clients outside of the United States.

The firm manages $743.03 million in discretionary accounts and $532.02 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $691.19 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $5.27 million.

Gamble Jones Investment Counsel has custody of $11.23 million in cash and securities for 25 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in exchange traded securities the most. They account for 80% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 12% of the firm’s portfolio. Investments in government bonds form 8% of the total invested assets.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Gamble Jones Investment Counsel for their services and products based on a percentage of assets under management. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Thomas Wingate Bent serves?

The firm provides services to charitable organizations, high net worth individuals, and pension and profit sharing plans. The largest group of clients of Thomas Wingate Bent is high net worth individuals with 1,125 clients and $1.19 billion of assets under management. Among the 7 most similar advisory firms, Gamble Jones Investment Counsel has the 2nd highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $1.27 billion for 1,167 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 1% of the firm’s clients are foreign persons or businesses.

Gamble Jones Investment Counsel doesn't advise any private funds.

Careers at Gamble Jones Investment Counsel

The company employs 19 people that are either part- or full-time employees. 68 percent of the employees work as investment advisers or researchers. 13 employees are registered as investment adviser representatives with the state securities authorities.

There are 2 people with the role of looking for and bringing in new clients on behalf of the firm. The firm doesn’t compensate employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

Thomas Wingate Bent has been acting as President since 1 Jan 2011. Alison Jones Gamble joined the executive team most recently as the President.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Thomas Sheldon Jones	Partner	1 Jan 1970	Other	2593351
David M. Davis	Partner	1 Jan 2003	Other	4361495
Ashley Jones Guerra	Chief compliance officer	1 Jan 2003	Other	4361516
David Morton Davis	Partner	1 Jan 2003	Other	4361495
Alison Jones Gamble	Partner/secretary	1 Jan 2003	Other	2410414
Ashley Anne Jones	Partner	1 Jan 2003	Other	4361516
Christopher Evans Morphy	Partner	1 Jan 2003	Other	1260972
Gretchen Elizabeth Lee	Chief compliance officer	1 Jan 2005	Other	2610857
Thomas F Jones	Partner	1 Dec 2005	Other	5277134
Thomas Francis Jones	Partner	1 Dec 2005	Other	5277134
Scott Russell Phillips	Partner	1 Dec 2006	Other	2811077
Charles Coulbourn Hackerman	Treasurer	1 Dec 2007	Other	4580335
Thomas Wingate Bent	President	1 Dec 2007	Other	4361506
Thomas Wingate Bent	Chairman	1 Jan 2011	Other	4361506
Alison Jones Gamble	President	1 Jan 2011	Other	2410414
Scott Russell Phillips	Secretary	1 Jan 2011	Other	2811077

Indirect Owners

The SEC currently registers 1 indirect owner.

Name	Entity	Date acquired	Ownership	Employer ID
Thomas Sheldon Jones	Trustee	1 Jan 2003	25% - 50%	95-7009306

Based in Pasadena

The principal office where Gamble Jones Investment Counsel performs its advisory services is located at 301 E. Colorado Boulevard, Pasadena, CA 91101, which is also the mailing address of the firm. An additional office of the firm is in Beaverton, OR. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 626-795-7583 or by fax 626-795-7689. The normal business hours are 7:00 am to 5:00 pm on Monday - Friday. You can find more information about the New York firm at gamblejones.com.