"How are you paid? Is there a minimum balance required to work with you?"
Jason Howell Company (JHCo.) is paid exclusively by clients - i.e. "fee only" - and receives no commissions or kickbacks from any other source.
When we manage your assets, our investment management fee is an annual 1% for up to $2,000,000 and 0.75% after that. Our ideal clients have at least $500,000 for us to manage. In that way our model is fairly traditional compared to other investment advisers that might be compared to us.
In 2018, Jason Howell Company was featured in the New York Times for serving clients with a "flat fee" option. We are proud to continue offering that flexibility. If you consider yourself a potential client, have a strong household income and are a good saver please still contact us.
"What is Sustainable Responsible Impact (SRI) Investing?"
It's an investing discipline that adds consideration of environmental, social and corporate governance (ESG) factors to an overall investment philosophy.
We believe that using SRI or ESG as a factor in an investment strategy does not substitute for an overall investment philosophy grounded in academia. We work as fiduciaries for the benefit of our clients. This means we optimize our clients portfolios for shareholder and stakeholder performance. We believe it takes money to make positive changes in our world and we empower our community of clients to do just that: change the world.
For more about our investment strategy, click here.
"When you manage my investments, where is it managed?"
As a registered investment adviser, Jason Howell Company (JHCo.) has an independent, "institutional" relationship with custodians. For example, new accounts are opened with TD Ameritrade Institutional, a division of TD Ameritrade Inc., member FINRA/SIPC an unaffiliated SEC-registered broker-dealer and FINRA member. You will have a private login to monitor your account.
In addition to our statements and monthly client letter, you will also receive statements directly from TD Ameritrade.
"What's the profile of your typical client? Who do you work with?"
Jason Howell Company is a family wealth management firm for community stakeholders in industry, academia and philanthropy.
Together we build sustainable investing, planning and governance strategies for leaders with a "mission mindset." Our favorite clients are leaders who are willing and able to create more than just a retirement plan.
Specifically, our typical client households are dual income, highly educated Gen-Xers (born 1965 - 1980) whose kids are in their teens (or younger). They are professionals who earn impressive salaries and have accumulated a good deal of it. They are experts in their profession and respect having experts on their personal team. They all have a passion for contributing time, talent or "treasure" back into the community.
Most of our clients live in the Washington, DC area - especially Northern Virginia - but we have clients we love in multiple states and ran a virtual practice since before the COVID-19 pandemic.
Our best clients are typically just "good savers" who are trying to do the right thing for their families and communities. For more, see Who You Are.
"What is "proactive philanthropy?"
At our firm it's an ongoing discussion about causes that are important to you and bring your family joy. In combination with a favorable tax strategy, we connect our clients to our philanthropic partners with community foundations, donor advised funds and other not-for-profits to activate their money.
This discussion comes after we complete the first iteration of a client's financial plan. We see how much money is available and "work backwards" so our clients can do their giving while living.
"What is Family Governance?"
We've defined it as, "Our system for developing high-net-worth and high-self-worth for each of our client families, for generations." We aspire to transform our clients into patriarchs and matriarchs of their families and communities. We do this through the Investment Strategy, and philanthropic strategy we design with you. We begin by equipping our clients with three (3) tools that make their wealth, well, useful:
- Your Personal ROADMAP (PR) which identifies 40 to 60 recommendations to enhance your financial plan (the "what")
- Your Implementation Guide (IG) which priorities (by month) when you ought to implement those recommendations (the "why")
- Your Family Constitution (FC) which clarifies how those recommendations connect to your values (the "why")
We call this process Family Governance. It goes beyond traditional financial planning by adding a "values" component. We incorporate what you want to do with your family and in your community so you can "Feel good about your money."
"What is the process like for getting started?"
Since the onset of COVID-19, parts of our process have changed but your first step is still to contact the firm to schedule a free phone call. Most likely you will speak with Jason Howell to discuss what currently concerns you about your finances. You will then receive an email that reviews the conversation and possibly an offer to work together.
If you make and have saved more money than you're comfortable talking about with family, we get it. We want you to feel good about your money. Talk to us.
The next (virtual) steps include:
- Signing (electronically) your new agreements
- Receiving a secure link to upload your financial documents
- Scheduling your initial financial planning meeting with our leadership
And then we'll get to work on the Financial Planning process we call Family Governance. See, Planning..