Joseph Jay is a registered investment advisor at Midwestern Financial Group, based in Iowa City, IA, with 14 years of industry experience. Joseph operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Education Planning, Estate Planning, Financial Planning & Coaching, High Net Worth, and 4 more. Their firm serves 135 clients with $170M in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Portfolio-Based Fees (Tiered)
| Portfolio Value | Annual Fee |
|---|---|
| Up to $1.5M | 1.00% |
| $1.5M - $2.5M | 0.88% |
| $2.5M - $5.0M | 0.76% |
| $5.0M - $10.0M | 0.64% |
| $10M+ | 0.50% |
Fees are negotiable and billed quarterly in advance. Household accounts are aggregated for breakpoint calculations.
Fee Estimator
Location
103 E College Street, Suite 210, Iowa City, IA, 52240
Get directionsHistory
Regulatory History
No disclosures, customer disputes, or regulatory actions on file.
Disclosures include customer complaints, regulatory actions, and other events that advisors must report to the SEC. A clean record means none have been reported.
Learn about disclosures →Other Business Activities
Joseph is a co-owner of MFG Business Advisors, LLC, dedicating minimal time to it. He is also a co-owner of Waste Water Supply, LLC and JOC, LLC, a real estate holding company, each requiring minimal time.
Employment History
Current Registrations
Midwestern Financial Group
Previous Registrations
Midwestern Financial Group LLC
State Registrations1 state
You can work with an advisor not registered in your state. Most advisors can legally serve a small number of clients across state lines without registering.
Exams
More Advisors
- Randal Studer, ChFCAmeritas Advisory Services, LLC
- Steven Cherry, CFPBeacon Pointe Advisors, LLC
- Michael Lehman, CFPCommonwealth Financial Network
- Sarah Whitmore, ChFCMutual of Omaha Investor Services, INC.
- Carolina Newton, ChFCState Farm Investment Management CORP.
- Susan Mims, CFPStrategic Asset Management LLC.