J R Baker Group manages investment portfolios and provides financial and estate planning services, which the firm calls Wealth Optimization and Legacy Planning. The firm helps clients define their long-term goals, assess their risk tolerance, and match them with vetted third-party investment managers who handle the day-to-day trading of portfolios. J R Baker Group acts as a communication bridge between the client and the third-party managers. In addition to investment management, the firm offers consulting services covering personal financial records, tax and cash flow analysis, retirement strategies, and insurance needs. J R Baker Group is independent and owned by Joel R. Baker. The firm legally acts in the best interest of its clients as a registered investment advisor.
Fee Structure
J R Baker Group helps you select third-party investment managers to handle your portfolio. You pay an ongoing fee directly to the investment manager based on a percentage of the assets they manage for you. The third-party manager then pays a portion of that fee to J R Baker Group, up to a maximum of 1.15% per year. Fees are calculated based on your portfolio's value at the end of each quarter and are paid in advance. Account minimums vary depending on the specific third-party manager you choose, and fixed income accounts generally have higher minimums than equity accounts.