Jmi Management, Inc. (Baltimore)


Jmi Management, Inc. is a large advisory firm based in Baltimore. It manages $3.59 billion of regulatory assets for 10 client accounts. It has been registered with the SEC as an adviser since 2014 and has operated in the jurisdictions of California and Maryland.

Jmi Management provides portfolio management for pooled investment vehicles. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Jmi Management: assets under management

The assets under management (AUM) of Jmi Management, Inc. is $3.59 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 124% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $3.59 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $359 million each.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Jmi Management, Inc. for their services and products based on a percentage of assets under management and performance-based fees. The adviser charges an additional fee when a set benchmark is outperformed. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Jmi Management serves?

The only and largest group of clients of Jmi Management is pooled investment vehicles with 10 clients and $3.59 billion of assets under management. Among the 8 most similar advisory firms, Jmi Management has the 2nd highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $3.59 billion for 10 clients. None of the firm’s clients are foreign persons or businesses.

Jmi Management also advises several private funds. Namely, four private equity funds and six venture capital funds. The minimum investment commitment required of non-related persons ranges from $25,000 to $150,000.

Careers at Jmi Management, Inc.

The company employs 58 people that are either part- or full-time employees. 67 percent of the employees work as investment advisers or researchers. No 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
Harry Siegfried Gruner Managing general partner, president 1 Apr 2005 Other 1587644
Paul Vincent Barber Managing general partner, vice president 1 Apr 2005 Other 1297044
L.L.C. Jmi Management Holdings Owner 1 Dec 2011 75% - 100% xxx-xx-xxxx
Kathy Fields Povoas Chief compliance officer & general counsel 1 Feb 2013 Other 6174775
Randy Guttman Chief financial officer 1 Jul 2013 Other 6312023
Charles Thomas Dieveney General partner & chief operating officer 1 Jul 2013 Other 4731049
Kathy Fields Povoas General partner & general counsel, cco 1 Aug 2015 Other 6174775

Indirect Owners

The SEC currently registers 2 indirect owners.

Name Entity Date acquired Ownership Employer ID
Harry Siegfried Gruner Executive officer 1 Dec 2011 Other 1587644
Paul Vincent Barber Executive officer 1 Dec 2011 Other 1297044

Based in Baltimore

The principal office where Jmi Management, Inc. performs its advisory services is located at 100 International Drive, Baltimore, MD 21202, which is also the mailing address of the firm. An additional office of the firm is in La Jolla, CA. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 410-951-0200 or by fax 410-637-8360. The normal business hours are 8:00am - 6:00pm on Monday - Friday. You can find more information about the New York firm at jmi.com.