About

       Jacobs & Company was organized in 1988 by John M. Jacobs as the first independent, fee-based investment advisory firm in West Virginia. Originally, the firm's business focused principally on high net worth, individual and corporate clients; but commencing in 1994, that business expanded to include the management of corporate accounts pledged as collateral to secure indemnification obligations to insurance companies that had issued surety bonds to secure performance obligations. In June of 2001, Jacobs & Company further expanded its business by sponsoring the creation of its proprietary mutual fund (Click here for more information), providing the public with access to the firm's balanced investment program. Today the firm manages investment accounts for high net worth individual corporate and institutional clients, including accounts pledged as collateral to insurance companies.

       In May of 2001, Jacobs & Company and an affiliated company, FS Investments, Inc., became wholly owned subsidiaries of NELX, Inc. as the result of mergers which accomplished a reverse acquisition. As the result of the transaction, the shareholders of Jacobs & Company and FS Investments, Inc. became the majority shareholders of NELX.

          In December of 2005 the holding company changed its name to Jacobs Financial Group, Inc. (OTC Bulletin Board: JFGI) and acquired First Surety Corporation, a West Virginia insurer that has been redirected to specialize in underwriting surety bonds, with a focus on regulated industries, using strategies and synergies of the company’s other business units.
          
          John M. Jacobs, the founder of the firm, has been the president, chief executive officer and principal portfolio manager of Jacobs & Company since its inception. In relation to the business of Jacobs & Company, Mr. Jacobs appears regularly on Bloomberg Television and Radio and is frequently quoted in the financial press. Prior to establishing the firm in 1988, Mr. Jacobs was a practicing public accountant for over thirteen years, during which period he was a managing partner of his accounting firm and a business and personal adviser to his clients. He has incorporated the disciplines he acquired as an accountant into his investment style.

          In addition to his positions with Jacobs & Company, Mr. Jacobs is president, chairman of the board of directors, and a principal shareholder of Jacobs Financial Group, Inc.