Chicago, IL Office

Jefferies Investment Advisers LLC provides fee-based financial planning services to individuals, trusts, estates, foundations, charitable organizations, corporations and other business entities. The brochure lists a range of planning topics offered, including balance sheet and cash flow reviews, tax and estate planning, executive compensation and pre-transaction planning, concentrated stock reviews, insurance and philanthropic planning.

The firm describes a customized, collaborative planning process that begins with defining goals, gathering financial documentation, analyzing the client’s situation, proposing recommendations and, when included in the engagement, periodic review. JIA uses third-party financial planning software (eMoneyAdvisor) and may include Monte Carlo simulations (up to 1,000 scenarios) to illustrate probability-based outcomes, while noting the Financial Plan does not provide security-specific investment recommendations.

JIA is a wholly owned subsidiary of Jefferies Financial Group and the brochure notes affiliated businesses that include futures commission merchants, commodity trading advisers and other regulated financial institutions, which can create potential conflicts of interest and influence implementation choices. The firm separates its fiduciary planning role from implementation: representatives may provide planning in either an advisory or broker-dealer capacity, fees are negotiable, and implementation, custody and transaction execution are handled separately (often through Jefferies in a brokerage capacity).