Jarvis Financial Services, Inc. (Federal Way)


Jarvis Financial Services, Inc. is a large advisory firm based in Federal Way. It manages $114 million of regulatory assets for 481 client accounts. It has been registered with the SEC as an adviser since 2017 and has operated in the jurisdictions of Arizona and Washington.

Jarvis Financial Services provides financial planning services, portfolio management for individuals and small businesses, selection of other advisers, publication of newsletters, and educational seminars and workshops. It prepares financial plans for more than 100 clients. On top of advisory services, the firm doesn't engage in other business activities.

Jarvis Financial Services: assets under management

The assets under management (AUM) of Jarvis Financial Services, Inc. is $114 million, all of which is managed in discretionary accounts. The firm's AUM has gone down by -1% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $114 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $237.01 thousand each.

Investments

The firm invests in exchange traded securities the most. They account for 91% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 5% of the firm’s portfolio. Investments in non-investment grade corporate bonds form 1% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Jarvis Financial Services, Inc. for their services and products based on a percentage of assets under management and hourly charges. 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 Jarvis Financial Services serves?

The firm provides services to individuals and high net worth individuals. The largest group of clients of Jarvis Financial Services is high net worth individuals with 38 clients and $80 million of assets under management. Among the 6 most similar advisory firms, Jarvis Financial Services has the 3rd lowest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $114 million for 155 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. None of the firm’s clients are foreign persons or businesses.

Jarvis Financial Services doesn't advise any private funds.

Careers at Jarvis Financial Services, Inc.

The company employs 4 people that are either part- or full-time employees. 50 percent of the employees work as investment advisers or researchers. 2 employees are registered as investment adviser representatives with the state securities authorities.

There isn’t anyone 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.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
Matthew P Jarvis President - cco 1 May 2004 75% - 100% 4703256

Based in Federal Way

The principal office where Jarvis Financial Services, Inc. performs its advisory services is located at 33308 13 Th Place S., Federal Way, WA 98003 6390, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 253-838-9703 or by fax 253-838-9740. The normal business hours are 9am to 4pm on Other. You can find more information about the New York firm at jarvisfinancial.com.