Business Details
34 Years
experience
Your Trusted Financial Advisers in Brecksville, OH
Founded in 1992, Jaras Financial Services has evolved from a retirement plan consulting firm into a Registered Investment Advisor, serving clients with over three decades of combined expertise. Our team specializes in crafting tailored financial strategies for retirement planning, wealth preservation, and business transitions, prioritizing fiduciary responsibility and client education. With deep experience in qualified plan administration, tax-efficient strategies, and investment advisory services, we focus on empowering clients to navigate complex financial landscapes.Our commitment to transparency, ethical standards, and personalized guidance has solidified our reputation as trusted advisors in Northeast Ohio. We collaborate with independent custodians to ensure asset security and maintain compliance with SEC regulations, emphasizing long-term client relationships over transactional interactions.
Services
Retirement Plans
Investment Strategies
Wealth Preservation
Business Transition
Fiduciary Compliance
Details
- Year established: 1992
Highlights and features
- We offer 30+ years of experience in retirement and investment planning.
- Our team holds specialized credentials including Accredited Investment Fiduciary and CPA.
- We operate under SEC registration with strict fiduciary standards.
- Personalized strategies address unique client needs and tax considerations.
- Proven expertise in complex retirement plan designs for businesses.
Associations and certifications
- Accredited Investment Fiduciary (AIF)
- Certified Public Accountant (CPA)
- Securities and Exchange Commission (SEC)
Services
Retirement Plans
We specialize in creating customized retirement plans for businesses, including defined benefit, 401(k), and SEP plans. Our solutions maximize tax deductions for owners while ensuring compliance with IRS and DOL regulations. Services include plan design, administration, and fiduciary oversight to protect both employers and employees.
Investment Strategies
Our investment strategies focus on long-term growth while mitigating risks through diversified portfolios. We help clients avoid common pitfalls like hidden fees and emotional decision-making, utilizing independent custodians for asset security. Tailored approaches align with individual risk tolerance and financial objectives.
Wealth Preservation
We address estate tax challenges and asset protection through strategic planning. Services include minimizing probate costs, establishing trusts, and optimizing retirement benefit distributions. Our approach ensures family wealth remains within bloodlines while reducing tax burdens.
Business Transition
We assist business owners in developing exit strategies through stock redemptions, ESOPs, or gifting programs. Our focus is preserving company value while facilitating smooth ownership transfers, balancing owner retirement goals with business continuity.
Fiduciary Compliance
We ensure retirement plans meet IRS and DOL requirements, including reporting and audits. Services cover fiduciary training, compliance testing, and corrective actions to maintain plan integrity and avoid penalties.
People
Martin A. Jaras
President
President and founder with 30+ years in retirement planning. Former partner at a regional actuarial firm, specializing in qualified plans and high-net-worth financial strategies. Holds Accredited Investment Fiduciary and CPA credentials.
Jacqueline E. Jaras
Qualified Plan Administrator
QPA with expertise in retirement plan administration since 1986. Manages compliance, IRS problem resolution, and plan audits. Specializes in defined contribution and benefit plan structures for diverse businesses.
Nancy M. Fantozzi
Office Manager
Office manager since 1996, overseeing investor relations and client account management with Ameritrade and Schwab. Assists in retirement plan administration and daily operations from Macedonia, Ohio.
Questions
What services does Jaras Financial Services offer?
We specialize in retirement plan design, investment advisory services, wealth preservation strategies, and business transition planning for individuals and businesses.
Are you fiduciaries?
Yes, as Registered Investment Advisors, we operate under fiduciary standards, prioritizing client interests in all recommendations.
Do you work with out-of-state clients?
We primarily serve Ohio residents but can assist clients in other states where legally permitted under SEC registration.
How are fees structured?
Fee structures vary by service and are disclosed upfront. We emphasize transparency with no hidden commissions or transaction fees.
What retirement plan options exist for small businesses?
Options include 401(k), SEP, SIMPLE IRA, defined benefit plans, and cross-tested profit-sharing plans tailored to business needs.
How do you handle estate tax planning?
We collaborate with tax and legal professionals to implement strategies minimizing estate taxes through trusts, beneficiary designations, and retirement account distribution planning.
