R.T. Jones Capital Equities Management, also known as Artesys, is a financial advisor firm that's based out of St. Louis. This firm has hundreds of millions in client assets under management (AUM) through its managed account program, Artesys. Its relatively small team of financial advisors work with thousands of clients. The firm helps clients with investment and portfolio management so that they can best reach their financial retirement goals.
R.T. Jones is a fee-only firm. This means that it only receives advisory fees directly from clients. (This model differs from that of a fee-based firm, which receives advisory fees from clients while also receiving commissions and other forms of third-party compensation.)
R.T. Jones Background
R.T. Jones was founded in 1987 by Robert Jones, but it only registered as an investment advisor in 2004. The firm is a wholly owned subsidiary of R.T. Jones, F.S. Ladner & Associates, Inc., which is in turn owned by Robert Jones. Today, Robert Jones serves as the CEO and chairman of the firm, as he has several decades of experience in financial services.
R.T. Jones Client Types and Minimum Account Sizes
R.T. Jones works with many individual clients, the majority of whom are below the high-net-worth threshold. Pension, profit-sharing and other retirement plans, along with charitable organizations and investment funds, round out the firm's client base.
Clients that are sub-advised by R.T. Jones must meet a minimum account balance of $50,000.
Services Offered by R.T. Jones (Artesys)
R.T. Jones is an investment-centric firm. Because of this, it doesn't offer financial planning or consulting services, instead focusing on investment portfolio management through discretionary separate accounts. The managed account program through which these services are rendered is called Artesys. Artesys consists of proprietary investment models built by R.T. Jones that invest in mutual funds and exchange-traded funds (ETFs). There are two main portfolio types within the Artesys program:
- Offensive model portfolios
- Long-term, buy-and-hold approach
- Funds are fully invested at all times
- Portfolios range from "Offensive Conservative" to "Offensive Aggressive Plus"
- Defensive model portfolios
- Short-term, buy-and-sell approach
- Seeks to minimize risk even if it means losing out on some returns
- Centered around asset protection
- Portfolios range from "Defensive Conservative" to "Defensive Growth"
R.T. Jones (Artesys) Investment Philosophy
R.T. Jones uses investment models when investing client assets. These models make use of both mutual funds and exchange-traded funds (ETFs), though they vary significantly depending on the risk preferences and time horizon of each client. The firm's Offensive Model Portfolios prioritize a long-term investment style, whereas Defensive Model Portfolios are aimed at strict asset protection. However, both of these strategies can be broken down into more conservative or more aggressive variations.
For all portfolios, advisors at R.T. Jones look to properly allocate assets and ensure adequate diversification and risk mitigation. This is true even for the most aggressive strategies. The firm also periodically rebalances portfolios to make sure that all intended asset allocations remain intact.
Fees Under R.T. Jones
R.T. Jones charges different fee rates depending on where their managed accounts are held. Most fees here are calculated and billed on a quarterly basis, in arrears. Here's a breakdown of the fee ranges for each set of programs:
|R.T. Jones Fee Schedule
|Annual Fee Range
|Separate Managed Accounts at Axos
|0.75% - 1.00%
|Separate Managed Accounts at OneAmerica
|0.50% - 0.60%
|Retirement Plan Management Accounts at OneAmerica
|0.30% - 0.40%
|General Retirement Plan Management Accounts
|0.05% - 0.15%
What to Watch Out For
R.T. Jones Capital Equities Management has one disclosure listed on its Form ADV. This disclosure is in relation to a 2013 SEC order that states that R.T. Jones "failed to adopt written policies and procedures reasonably designed to protect customer records and information." As a result, the firm submitted to censure and paid a fine of $75,000.
Opening an Account With R.T. Jones
Opening an account with R.T. Jones is as simple as visiting its website, clicking "Sign Up Today" and filling out the necessary information. For those who prefer to work over the phone, the firm can be reached at (314) 783-5000.
All information is accurate as of the writing of this article.
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