St. Johns Investment Management Company, LLC

CRD#169538
Investment Advisor Firm

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Learn more about St. Johns Investment Management Company, LLC

  • Overview
  • By the Numbers
  • Fee Structure
  • Types of Clients
  • Disclosures
  • State Registrations
  • Office Locations
  • Firm Advisors

    • Overview

    St. Johns Investment Management Company, LLC is a financial advisory firm headquartered in Jacksonville, Florida. The company has $280.8 million in total assets across 548 client accounts, making it a mid-tier financial advisory firm in the United States by assets under management (AUM). The company has a small group, including 4 financial advisors. St. Johns Investment Management Company, LLC is not a registered broker-dealer, signifying that the advisor is not able to buy and sell securities for its own accounts as well as its customers' and instead has to go through a broker-dealer firm to do so. Securities are exchangable financial assets such as bonds, options and equities.

    St. Johns Investment Management Company, LLC oversees 547 of its accounts in a discretionary manner. Discretionary management means that an investment advisor makes transaction choices without needing to seek the client's permission. St. Johns Investment Management Company, LLC also manages one non-discretionary accounts with a total of $332,766 in AUM. St. Johns Investment Management Company, LLC's average account size is $512,464. The average financial advisor at St. Johns Investment Management Company, LLC administers around 137 client accounts.

    The company's central office is at 7915 Baymeadows Way, Jacksonville, Florida 32256. The company is legally registered to serve clients throughout a few states, including Florida, Georgia and Texas.

    Assets Under Management

    $280.8 million

    Number of Advisors

    4

    Disclosures

    No

    Office Location

    7915 Baymeadows Way
    Jacksonville, FL 32256

    St. Johns Investment Management Company, LLC by the Numbers

    Total Assets Under Management

    $280.8 million

    National Average: $8.6 billion
    Total Number of Employees

    5

    National Average: 64
    Total Number of Accounts

    548

    National Average: 375,227
    Average Account Size

    $512.5 thousand

    National Average: $23.0 thousand
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    Fee Structure

    A financial advisor's fees usually vary depending on which services the firm provides the client. Fees billed by the company likely consist of any combination of the following fee structures: asset-based or fixed. Wrap fee programs, or the practice of bundling services for a single fee, are not provided by St. Johns Investment Management Company, LLC.

    Available

    • Offered by 69% of firms

      Percentage of Assets

      Show Explanation

      This fee, which is the most common fee type charged by advisors for portfolio management, is based on the amount of assets you have under management. Also referred to as an asset-based fee, this fee typically ranges from 0.50%-2.00% of AUM annually. You'll typically pay a lower rate the more assets you have under management.

    • Offered by 32% of firms

      Fixed

      Show Explanation

      Fixed fees are a one-time, lump sum charged for a specific service, like the creation of a financial plan without subsequent implementation. This can be useful if you only need advice for one specific purpose, rather than a long-term advisor. Fixed fees usually range from $1,000 to $3,000.

    Unavailable

    • Find one of the 21% of firms that offer this fee type

      Hourly

      Show Explanation

      Like a lawyer, a financial advisor may charge you by the hour. This can be helpful if you are only looking for short-term or one-time advice. Rates typically range from $100-$300 per hour, depending on the complexity and level of services needed.

    • Find one of the 1% of firms that offer this fee type

      Commissions

      Show Explanation

      Occasionally, advisors earn commissions from selling financial products, such as securities or insurance policies, or making certain referrals or transactions. Advisors who earn commissions may be incentivized to make certain recommendations to clients in order to make a commission. Fee-only advisors do not earn commissions, while fee-based advisors may.

    • Find one of the 26% of firms that offer this fee type

      Performance-based

      Show Explanation

      Advisors only earn performance-based fees if a portfolio outperforms a defined benchmark. This fee may be calculated in a number of ways but most commonly is charged as a percentage of investment profits. Performance-based fees may incentivize advisors to make riskier decisions in order to generate higher returns.

    • Find one of the 0% of firms that offer this fee type

      Subscription

      Show Explanation

      Firms generally charge this fee for educational materials provided, such as a monthly magazine. This can be useful if you want to learn about investing or financial management on your own.

    • Find one of the 10% of firms that offer this fee type

      Other

      Show Explanation

      Firms can sometimes charge customers using non-traditional fee structures. See this firm's Form ADV for more details.

    Back to Overview

    Types of Clients

    The firm caters to retail investors and high net worth investors. Out of its 548 customers, St. Johns Investment Management Company, LLC's largest client group by number of accounts is retail investors, although it also manages money for 97 high-net-worth individuals. A high-net-worth individual is defined by the SEC as an individual who has at least $750,000 in AUM or a net worth of more than $1.50 million or who is considered a "qualified purchaser" (a standard met by having at least $5 million in investments). None of its customers are non-U.S. persons.

    • High-Net-Worth Individuals* - 46.86%
    • Other Individuals - 53.14%
    • Corporations - 0%
    • Charitable Organizations - 0%

    * The U.S. Securities and Exchange Commission (SEC) defines a high-net-worth individual as someone who has at least $750,000 under management.

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    Disclosures

    St. Johns Investment Management Company, LLC does not have any disclosures.

    Please visit its Form ADV for more details.

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    Financial Advisors at St. Johns Investment Management Company, LLC

    Stephanie Price
    Jacksonville, FL
    Melanie Magners
    Jacksonville, FL
    David Price
    Jacksonville, FL
    David Price
    Jacksonville, FL

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