Blog - Insights

As we welcome a new quarter and season, we're sharing our updated Client Relationship Services and ADV Disclosures. Since the last annual update of JFS Wealth Advisors’ brochure, dated March 29, 2024, the following material changes have occurred:

Beginning in 2024, many small businesses are required to report information about their beneficial owners to the Financial Crimes Enforcement Network (FinCEN) in an effort to create a national database for use by national security and law enforcement agencies to prevent the use of shell companies for criminal activity.

JFS Wealth Advisors is delighted to announce that they are named amongst only three Finalists in the Industry Disruption category for Firms in the 2024 ThinkAdvisor Luminaries industry award during a year of record-breaking nominations.

What do companies like Publix Supermarkets, Amsted Industries, and Burns & McDonnell Engineering all have in common? In addition to their success, all these companies, each with 10,000 or more employees, are majority-owned by the people who work there. In fact, the largest 100 employee-owned companies in America employ, in the aggregate, some 685,000 individuals, each of whom is a partial owner of the enterprise.