JMC Wealth logo

JMC Wealth

Updated today

Client AUM

$0

Clients

0

Advisors

2

of 2 employees

About

JMC Wealth provides project‑based financial planning to individuals, business owners, and other entities, and does not maintain ongoing discretionary management or custody of client assets. Its planning covers a broad set of topics — retirement, estate and tax planning, insurance, college funding, cash flow, and business succession — and typically proceeds from a fact‑finding interview to a tailored written plan and periodic reviews.

Advisory work is delivered as fixed, plan‑oriented engagements rather than continuous portfolio management, and the firm does not exercise investment discretion over client accounts. For clients who seek implementation, the firm refers to third‑party managers and platform programs that offer model portfolios and discretionary management and may rely on outside research and model allocations when advising on asset allocation and investment selection; it may also recommend alternative investments such as business development companies, REITs, and limited partnerships.

What is distinctive about the firm is that it does not use percentage‑of‑assets‑under‑management fees, an uncommon billing approach for firms in this category, instead relying on fixed, plan‑based fees. The firm’s advisers also operate in affiliated capacities with third‑party broker‑dealer and advisory platforms, which can create referral or sales‑based compensation (including 12b‑1 or marketing reimbursements) when clients implement recommendations through those channels; the firm discloses this potential conflict and leaves implementation choice to the client.

Client services

Financial planning

Expertise

College savings (529s, UTMA, etc.) Business succession planning Cash flow / budgeting

Occupation focus

Founder/Business Owner

Demographic focus

Mid-Career Professionals Approaching retirement Young Professionals

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Fee options

Commissions

Commissions and 12b-1 fees may be received by Julie Murphy in her capacity as registered representative of LPL Financial for product sales, but not by JMC Wealth Management, Inc. itself.

Other

Account minimum: $100,000 Fee-only: Financial planning fees range from $500 to $25,000 based on plan complexity and client needs; specific ranges detailed as follows: $1,200-$2,000 for beginners, $2,000-$4,000 for moderate complexity, $4,000-$7,000 for pre-retirement/retirement and estate planning, $7,000-$25,000 for established business owners with complex needs.

Main office

1017 West Washington, Suite 3 E

Chicago IL 60607

Advisors at this office

2

Most active in

Illinois

Also doing business as

Jmc Wealth · Jmc Wealth Management, Inc.

Disclosures

Exclamation point means they have disclosures of this type. Check mark means no disclosures of this type were found.

Business activities & affiliations

Advisors at this firm

user avatar

Julie M

CFP®, ChFC®, Series 63, Series 65

Chicago, IL

JMC Wealth

Julie Murphy is a financial advisor at JMC Wealth with over 31 years of industry experience. She holds the CFP® and ChFC® designations and has worked at firms including Sequoia Wealth Management and LPL Financial. Outside of her advisory work, she is the owner of Beyond Your Wildest Dreams, LLC. JMC Wealth provides project-based financial planning for individuals, business owners, and other entities, focusing on fixed, plan-oriented engagements rather than ongoing discretionary portfolio management. The firm covers a broad range of planning topics and refers clients seeking implementation to third-party managers and platforms.

College savings (529s, UTMA, etc.) Business succession planning Cash flow / budgeting Founder/Business Owner Mid-Career Professionals Approaching retirement Young Professionals
user avatar

Mark M

CFP®, Series 66

Chicago, IL

JMC Wealth

Mark Murphy is a CFP® with 11 years of industry experience, currently serving as a financial advisor at Sequoia Wealth Management, LLC in Chicago, IL. His career includes roles at JMC Wealth Management, Inc. and LPL Financial LLC, where he has been active since 2014. Murphy also provides financial planning and consulting services through JMC Wealth Management, Inc., an independent investment advisor firm. Sequoia Wealth Management advises individuals, trusts, estates, corporations, and employer retirement plans, offering asset management, financial planning, and retirement-plan consulting. The firm utilizes a combination of quantitative optimization, third-party research, and manager selection, serving clients through discretionary management and third-party strategist models.

College savings (529s, UTMA, etc.) Business succession planning Cash flow / budgeting Founder/Business Owner Mid-Career Professionals Approaching retirement Young Professionals
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