{
  "crd_number": 284198,
  "slug": "jemma-financial-services-baltimore-md-284198",
  "primary_business_name": "JEMMA FINANCIAL SERVICES",
  "legal_name": "JEMMA INVESTMENT ADVISORS LLC",
  "dbas": [],
  "city": "Baltimore",
  "state": "MD",
  "country": "United States",
  "cbsa_code": "12580",
  "metro": {
    "cbsa_code": "12580",
    "common_name": "Baltimore",
    "msa_name": "Baltimore-Columbia-Towson, MD",
    "path": "/advisors/md/baltimore"
  },
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "2022-12-05",
  "years_registered": 3,
  "period": "2026-10-01",
  "filing_date": "2026-07-01",
  "carried_forward": false,
  "raum_total": 139832219.0,
  "raum_discretionary": 108090596.0,
  "raum_non_discretionary": 31741623.0,
  "raum_band": "100m_500m",
  "raum_band_label": "$100 million to $500 million",
  "total_employees": 5,
  "advisory_employees": 5,
  "client_count_bucket": null,
  "clients_by_type": {
    "other": {
      "raum": 0.0,
      "count": 0
    },
    "charitable": {
      "raum": 0.0,
      "count": 0
    },
    "individuals": {
      "raum": 40999045.0,
      "count": 238
    },
    "banking_thrift": {
      "raum": 0.0,
      "count": 0
    },
    "state_municipal": {
      "raum": 0.0,
      "count": 0
    },
    "insurance_companies": {
      "raum": 0.0,
      "count": 0
    },
    "investment_companies": {
      "raum": 0.0,
      "count": 0
    },
    "pension_profit_sharing": {
      "raum": 23966244.0,
      "count": 8
    },
    "other_investment_advisers": {
      "raum": 0.0,
      "count": 0
    },
    "high_net_worth_individuals": {
      "raum": 69410687.0,
      "count": 74
    },
    "pooled_investment_vehicles": {
      "raum": 0.0,
      "count": 0
    },
    "corporations_other_businesses": {
      "raum": 5456243.0,
      "count": 4
    },
    "business_development_companies": {
      "raum": 0.0,
      "count": 0
    },
    "sovereign_wealth_foreign_official": {
      "raum": 0.0,
      "count": 0
    }
  },
  "compensation_types": [
    "percentage_of_aum"
  ],
  "advisory_activities": [
    "financial_planning",
    "other",
    "portfolio_management_businesses_institutional",
    "portfolio_management_individuals"
  ],
  "wrap_fee_participant": false,
  "disclosure_yes_count": 2,
  "states_registered": [
    "CO",
    "CT",
    "DC",
    "DE",
    "FL",
    "IL",
    "MD",
    "ME",
    "MI",
    "NC",
    "NH",
    "NJ",
    "NY",
    "PA",
    "SC",
    "TX",
    "VA"
  ],
  "websites": [
    "https://jemmafinancial.com",
    "https://linkedin.com/company/jemma-financial-services"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/284198",
  "disclosure_items": [
    {
      "item": "11.D(2)",
      "question": "Has another federal regulator, a state regulator, or a foreign financial regulator ever found that the firm or an advisory affiliate was involved in a violation of investment-related regulations or statutes?"
    },
    {
      "item": "11.D(4)",
      "question": "In the past ten years, has another federal regulator, a state regulator, or a foreign financial regulator entered an order against the firm or an advisory affiliate in connection with investment-related activity?"
    }
  ],
  "city_as_filed": "BALTIMORE",
  "url": "https://advisorcensus.com/firm/jemma-financial-services-baltimore-md-284198",
  "display_name": "Jemma Financial Services",
  "summary": "Jemma Financial Services is an SEC-registered investment advisory firm in Baltimore, MD, registered since 2022, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated July 1, 2026.",
  "citation": "AdvisorCensus. Jemma Financial Services (CRD 284198): Form ADV filing data as of October 2026.",
  "registration_type_label": "SEC-registered investment adviser",
  "compensation_labels": [
    "A percentage of assets under your management"
  ],
  "advisory_activity_labels": [
    "Financial planning services",
    "Portfolio management for individuals and/or small businesses",
    "Portfolio management for businesses (other than small businesses) or institutional clients",
    "Other"
  ],
  "quick_answers": [
    {
      "q": "How is Jemma Financial Services compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), Jemma Financial Services reports these compensation arrangements: a percentage of assets under its management."
    },
    {
      "q": "How much does Jemma Financial Services charge?",
      "a": "Its Form ADV Part 2A brochure dated July 1, 2026 states: $1 to $250,000: 1.5% a year; $250,000 to $500,000: 1.25% a year; $500,000 to $1,000,000: 1% a year; $1,000,000 to $2,000,000: 0.9% a year; $2,000,000 to $3,000,000: 0.75% a year; Above $3,000,000: see the brochure. Fees can differ by service and may be negotiable; the brochure is the complete statement."
    },
    {
      "q": "Where is Jemma Financial Services located?",
      "a": "Jemma Financial Services' principal office is in Baltimore, MD, according to its Form ADV; the August 2026 filing also lists 1 other office (Schedule D, Section 1.F)."
    },
    {
      "q": "Is Jemma Financial Services registered with the SEC or a state?",
      "a": "Jemma Financial Services is an SEC-registered investment advisory firm, registered since 2022. Status as filed: Approved. CRD 284198."
    },
    {
      "q": "How much does Jemma Financial Services manage?",
      "a": "Jemma Financial Services reports $139,832,219 in regulatory assets under management in its Form ADV filing dated July 1, 2026 (77% discretionary)."
    },
    {
      "q": "How have Jemma Financial Services' assets and staff changed since 2023?",
      "a": "In the Form ADV data for Jemma Financial Services: Regulatory assets under management: $46,248,290 in the October 2023 data and $139,832,219 in the October 2026 data, up 202%. Total employees: 6 in October 2023 and 5 in October 2026. Assets under management move with markets as well as with clients coming and going."
    },
    {
      "q": "What types of clients does Jemma Financial Services serve?",
      "a": "By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (238); high net worth individuals (74); pension and profit sharing plans (but not the plan participants or government pension plans) (8)."
    },
    {
      "q": "Does Jemma Financial Services report any disciplinary disclosures?",
      "a": "Reports 2 disclosure items on Form ADV Item 11: yes answers to 11.D(2) (another regulator's finding of a violation) and 11.D(4) (another regulator's order in the past ten years). Each question covers the firm and its advisory affiliates, and one event can produce several yes answers. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/284198"
    },
    {
      "q": "Does Jemma Financial Services state an account minimum?",
      "a": "Its Form ADV Part 2A brochure dated July 1, 2026 says: \"Exclusive of corporate retirement plans, we do not impose a minimum account size or minimum fee to maintain an account.\""
    },
    {
      "q": "What changed in Jemma Financial Services' recent Form ADV filings?",
      "a": "In the August 2026 filing data: Updated its list of owners and control persons (Schedule A)."
    }
  ],
  "filing_history": [
    {
      "period": "2023-10-01",
      "regulatory_assets_under_management": 46248290.0,
      "total_employees": 6,
      "filing_date": "2023-09-20"
    },
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": 98809790.0,
      "total_employees": 6,
      "filing_date": "2024-03-25"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 145940068.0,
      "total_employees": 5,
      "filing_date": "2025-03-26"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 139832219.0,
      "total_employees": 5,
      "filing_date": "2026-07-01"
    }
  ],
  "recent_changes": [
    {
      "period": "2026-08-01",
      "period_label": "August 2026",
      "notes": [
        "Updated its list of owners and control persons (Schedule A)."
      ]
    },
    {
      "period": "2026-04-01",
      "period_label": "April 2026",
      "notes": [
        "Added an office in Denver, CO.",
        "Registered or notice-filed in DC."
      ]
    },
    {
      "period": "2026-01-01",
      "period_label": "January 2026",
      "notes": [
        "No longer registered or notice-filed in WA."
      ]
    }
  ],
  "fees_from_brochure": {
    "source": "Form ADV Part 2A brochure dated July 1, 2026",
    "provided_by_the_firm": false,
    "tiers": [
      {
        "band": "$1 to $250,000",
        "rate": "1.5%"
      },
      {
        "band": "$250,000 to $500,000",
        "rate": "1.25%"
      },
      {
        "band": "$500,000 to $1,000,000",
        "rate": "1%"
      },
      {
        "band": "$1,000,000 to $2,000,000",
        "rate": "0.9%"
      },
      {
        "band": "$2,000,000 to $3,000,000",
        "rate": "0.75%"
      },
      {
        "band": "Above $3,000,000",
        "rate": null,
        "note": "Not stated in this schedule; see the brochure."
      }
    ],
    "flat_rate": null,
    "stated_range": null,
    "stated_maximum": null,
    "account_minimum": "None",
    "account_minimum_may_be_waived": false,
    "minimum_annual_fee": "None",
    "planning_fees": [],
    "figures": [
      {
        "label": "Fee schedule",
        "statements": [
          "$1 to $250,000: 1.5% a year",
          "$250,000 to $500,000: 1.25% a year",
          "$500,000 to $1,000,000: 1% a year",
          "$1,000,000 to $2,000,000: 0.9% a year",
          "$2,000,000 to $3,000,000: 0.75% a year",
          "Above $3,000,000: see the brochure"
        ],
        "quotes": [
          "Effective April 1, 2026 fees based on assets under management are as follows: PORTFOLIO VALUE ANNUAL FEE (%) $1 to $250,000 1.50% Next $250,000 1.25% Next $500,000 1.00% Next $1,000,000 0.90% Next $1,000,000 0.75%"
        ]
      },
      {
        "label": "Account minimum",
        "statements": [
          "Account minimum: None"
        ],
        "quotes": [
          "Exclusive of corporate retirement plans, we do not impose a minimum account size or minimum fee to maintain an account."
        ]
      },
      {
        "label": "Minimum annual fee",
        "statements": [
          "Minimum annual fee: None"
        ],
        "quotes": [
          "Exclusive of corporate retirement plans, we do not impose a minimum account size or minimum fee to maintain an account."
        ]
      }
    ],
    "values": {
      "tiers": [
        {
          "min": 1.0,
          "max": 250000.0,
          "rate_pct": 1.5
        },
        {
          "min": 250000.0,
          "max": 500000.0,
          "rate_pct": 1.25
        },
        {
          "min": 500000.0,
          "max": 1000000.0,
          "rate_pct": 1.0
        },
        {
          "min": 1000000.0,
          "max": 2000000.0,
          "rate_pct": 0.9
        },
        {
          "min": 2000000.0,
          "max": 3000000.0,
          "rate_pct": 0.75
        }
      ],
      "range_pct": null,
      "max_pct": null,
      "account_minimum": 0.0,
      "minimum_annual_fee": 0.0,
      "planning": []
    },
    "quotes": [
      "Effective April 1, 2026 fees based on assets under management are as follows: PORTFOLIO VALUE ANNUAL FEE (%) $1 to $250,000 1.50% Next $250,000 1.25% Next $500,000 1.00% Next $1,000,000 0.90% Next $1,000,000 0.75%",
      "Exclusive of corporate retirement plans, we do not impose a minimum account size or minimum fee to maintain an account.",
      "Exclusive of corporate retirement plans, we do not impose a minimum account size or minimum fee to maintain an account."
    ],
    "note": "As stated in the firm's brochure; fees can differ by service and may be negotiable."
  },
  "custodians": [],
  "custodians_note": null,
  "markdown_url": "https://advisorcensus.com/firm/jemma-financial-services-baltimore-md-284198.md",
  "clients": [
    {
      "type": "individuals",
      "label": "Individuals (other than high net worth individuals)",
      "count": 238,
      "fewer_than_5": false,
      "raum": 40999045.0
    },
    {
      "type": "high_net_worth_individuals",
      "label": "High net worth individuals",
      "count": 74,
      "fewer_than_5": false,
      "raum": 69410687.0
    },
    {
      "type": "banking_thrift",
      "label": "Banking or thrift institutions",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "investment_companies",
      "label": "Investment companies",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "business_development_companies",
      "label": "Business development companies",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "pooled_investment_vehicles",
      "label": "Pooled investment vehicles (other than investment companies and business development companies)",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "pension_profit_sharing",
      "label": "Pension and profit sharing plans (but not the plan participants or government pension plans)",
      "count": 8,
      "fewer_than_5": false,
      "raum": 23966244.0
    },
    {
      "type": "charitable",
      "label": "Charitable organizations",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "state_municipal",
      "label": "State or municipal government entities (including government pension plans)",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "other_investment_advisers",
      "label": "Other investment advisers",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "insurance_companies",
      "label": "Insurance companies",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "sovereign_wealth_foreign_official",
      "label": "Sovereign wealth funds and foreign official institutions",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "corporations_other_businesses",
      "label": "Corporations or other businesses not listed above",
      "count": 4,
      "fewer_than_5": false,
      "raum": 5456243.0
    },
    {
      "type": "other",
      "label": "Other",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    }
  ],
  "disclosure_line": "Reports 2 disclosure items on Form ADV Item 11.",
  "indexable": true,
  "suppressed": false,
  "claimed": false,
  "enhanced": false,
  "provided_by_the_firm": null,
  "source": {
    "name": "Form ADV",
    "as_of": "2026-10-01",
    "iapd_url": "https://adviserinfo.sec.gov/firm/summary/284198",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}