Bankplus Wealth Management, Llc (Jackson)
Bankplus Wealth Management, Llc Is a Large Advisory Firm Based in Jackson. It Manages $130.26 Million of Regulatory Assets for 177 Client Accounts. It Has Been...
Bankplus Wealth Management, LLC is a large advisory firm based in Jackson. It manages $130.26 million of regulatory assets for 177 client accounts. It has been registered with the SEC as an adviser since 2014 and has operated in the jurisdictions of Florida, Louisiana, Mississippi, and Texas.
Bankplus Wealth Management provides portfolio management for individuals and small businesses and portfolio management for businesses and institutional clients. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.
Bankplus Wealth Management: assets under management
The assets under management (AUM) of Bankplus Wealth Management, LLC is $130.26 million, all of which is managed in discretionary accounts. The firm's AUM has gone down by -13% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.
The firm manages $130.26 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $735.92 thousand each.
Investments
The firm invests in exchange traded securities the most. They account for 86% of the total AUM. The second-largest asset type is state and local bonds, which make up 7% of the firm’s portfolio. Investments in cash and cash equivalents form 4% of the total invested assets.
David Miller brings 15 years of experience in global economics, personal finance strategy, and market dynamics. He specializes in turning complex economic trends into actionable insights for everyday readers.
