JDP Financial Group

What JDP Financial Group does

JDP Financial Group is a privately held, Clermont, Florida–based financial advisory firm founded in 1984 by Jim Perkins. The firm specializes in retirement planning services for members of the Florida Retirement System (FRS), with particular depth in Deferred Retirement Option Program (DROP) exit strategies, pension calculations, and supplemental retirement accounts (403(b), 457, Traditional/Roth IRA) for public-school educators and state and local government employees. Its service menu also extends to debt-reduction consultation, estate planning, investment advisory, and a full life-insurance product suite spanning Term, Whole, Universal, Final Expense, and Living Benefits, plus small-business offerings such as Key Person Insurance and Buy-Sell Agreement structuring.

The firm operates with no proprietary technology platform; service delivery is built around in-person and virtual educational seminars on FRS/DROP/BENCOR 401A topics, Calendly-scheduled 1-on-1 consultations (Zoom and in-office at the Clermont headquarters), and a distributed agent channel supported by an "Agent Access Portal" and a "Become an Agent" recruitment program. There is no disclosed mobile application, API, or AI/ML tooling.

The revenue model combines professional-services advisory fees with insurance carrier commissions across life, living-benefits, and key-person products. Pricing is not publicly disclosed beyond a free initial financial consultation. The go-to-market is a hybrid of event-driven demand generation (seminars targeting Florida school districts and state employers), inside-sales 1-on-1 conversion via Calendly, and a community-led agent-recruitment model that the firm says extends its reach 'nationwide.' Ownership is founder-controlled and bootstrapped, with no evidence of institutional capital, and the small core team is anchored by Perkins, Office Manager Julie McDermott (joined October 2022), and Front Office Assistant Samantha Garcia.

Name

JDP Financial Group

Legal name

JDP Financial Group

Website

https://jdpfinancialgroup.com

Company type

Private

Founded year

1984

Operating status

Operating

Headcount range

11–50 employees

Short description

JDP Financial Group is a Clermont, Florida–based financial advisory firm founded in 1984 that specializes in Florida Retirement System planning — particularly DROP exit strategies and 403(b)/457 supplemental plans — for educators and state and local government employees, offering retirement, insurance, estate, and debt-reduction services via seminars, 1-on-1 consultations, and a nationwide agent network.

Ownership category

akta.pro rank

Product category

Financial Advisory Services

NAICS

Portfolio Management and Investment Advice (523940), Direct Life, Health, and Medical Insurance Carriers (52411), Finance and Insurance (52)

SIC

Life Insurance (6311), Insurance Agents, Brokers & Service (6411), Investment Advice (6282)

akta.pro industry

PRIMARYFSAIAAAE

Return of Premium (ROP) Term Life Insurance

Financial & Insurance/Insurance — Life & Health/Term Life Insurance

SECONDARYFSAJAFAB

Mid-Market Commercial Package (Package Policies)

Financial & Insurance/Insurance — Motor, Property & Casualty/Commercial Package / Business Owners Policies (BOP)

Keywords

• Retirement planning services
• Financial advisory services
• Debt reduction consultation
• Life insurance products
• Estate planning services

Headquarters

HQ city

Clermont

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Others

Revenue model

1. Financial Advisory and Planning Services: The company generates revenue through financial advisory fees for retirement planning, debt-reduction consultations, and related planning services. Services include DROP exit strategies, supplemental plan reviews, and retirement income planning for educators and government employees.
2. Insurance Products: Life insurance products including Term Life, Whole Life, Universal Life, Living Benefits, Final Expense, and Key Person Insurance are offered. These insurance products generate commissions as part of the revenue model.

Pricing tiers

Go-to-market motion3 records

Distribution channels3 records

Marketing channels5 records

Core offering

JDP Financial Group is a privately held financial advisory firm that provides retirement planning, debt reduction consultation, and insurance services to Florida educators, state and local government employees, and individuals. The firm specializes in Florida Retirement System (FRS) benefits, Deferred Retirement Option Program (DROP) exit strategies, supplemental plan reviews, and life insurance products including term, whole, universal, and final expense coverage.

Product overview

JDP Financial Group offers a comprehensive suite of financial advisory services centered on retirement planning for Florida Retirement System (FRS) members, educators, and government employees. The company provides a unified advisory service rather than a modular software platform. Core offerings include: (1) Retirement Planning Services with FRS DROP Exit Strategies, (2) Life Insurance products including Term Life, Whole Life, Universal Life, Final Expense, and Living Benefits Riders, (3) Business Insurance services including Key Person Insurance and Buy-Sell Agreement services, (4) Debt Reduction Consultation, (5) Estate Planning Services, (6) Investment Services, (7) Retirement Account services covering Traditional IRA, Roth IRA, 403(b), and 457 plans, and (8) an Agent Access Portal for internal agent resources and training. The company also provides educational content through seminars and 1-on-1 appointments for school district and state employees across Florida.

Differentiator

Problem solved

Functional benefit

Products and services

• Retirement Planning Services Comprehensive retirement planning services for Florida Retirement System (FRS) members, including DROP exit strategies, personal retirement figure analysis, transitioning into retirement, and supplemental plan reviews for 403(b), 457, Traditional IRA, and Roth IRA accounts. Targeted at educators and government employees.
• Life Insurance Life insurance products providing financial protection, including term life, whole life, universal life, final expense, and living benefits options for individuals and families seeking personal coverage.
• Key Person Insurance Company-owned life insurance on key employees or valuable individuals crucial to a business's survival, providing coverage for debt expenses and replacement costs. Targeted at small business owners.
• Buy-Sell Agreement Services Legally binding arrangements between business partners that govern how events such as death, divorce, or retirement of a partner are handled, ensuring business continuity. Targeted at small business owners and partners.
• Debt Reduction Consultation Structured debt reduction programs customized for clients to decrease debt and improve credit positions. Targeted at individuals and families managing personal debt.
• Estate Planning Services Estate management services that enable clients to control distribution of wealth after death and manage healthcare wishes. Targeted at individuals and families.
• Investment Services Investment guidance covering principles and strategies for building portfolios aligned with risk tolerance, time horizon, and financial goals. Targeted at individuals seeking investment planning.
• Educational Seminars Comprehensive seminars covering Florida Retirement System benefits, DROP processes, pension calculations, tax consequences, Social Security Benefits, and BENCOR 401A options. Offered both in-person and virtually for educators and government employees.

Named customers5 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators3 records

Recent moves1 record

Expansion highlights5 records

Broad incumbents

• Corebridge Financial (formerly AIG Retirement Services / VALIC): Large retirement-services provider with deep educator and public-sector 403(b)/457 book of business; competes head-on for K-12 and state-employee retirement dollars but at national scale across multiple product lines.
• Nationwide Retirement Solutions: Provides 457(b), 403(b), and other supplemental retirement plans for public-sector employers; offers a similar government-employee retirement product suite and competes for plan-provider mandates with school districts and state entities.
• Lincoln Financial Group: Insurance and retirement-services company with annuity, life insurance, and employer-sponsored plan offerings; competes for the same retirement-income, life-insurance, and group-plan wallet share as JDP.
• Edward Jones: National retail financial advisory firm serving individuals with retirement, investment, and insurance products; broad incumbent alternative for the same end-customer seeking one-on-one retirement guidance.
• New York Life: Mutual life insurer and retirement-services provider with an agent force selling whole life, term life, annuities, and retirement income strategies — overlapping with JDP's life insurance and retirement-income offerings.
• MassMutual: Mutual insurer and financial-services group with a large career-agent network distributing life insurance, retirement, and wealth products; comparable business model pairing insurance with retirement/income planning.

Direct peers

• ValuTeachers: Specializes in retirement planning, supplemental plans, and financial education for K-12 educators and public-sector employees; Jim Perkins serves as its National Vice President, making it the most directly comparable peer in mission and customer base.
• Horace Mann: Insurance and financial services company purpose-built for educators, offering retirement plans, life insurance, and supplemental coverage — directly mirroring JDP's educator-focused retirement and insurance stack.

Emerging players

• Cambridge Investment Research: Independent broker-dealer supporting thousands of financial advisors with retirement, insurance, and wealth products; representative of the platform-and-distribution model that small advisor practices leverage to scale beyond their own staff.
• Cetera Financial Group: Independent advisor-focused wealth management and broker-dealer network providing retirement, insurance, and planning infrastructure to affiliated practices; an alternative platform model for small advisory firms serving similar end clients.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xx.com/groupjdp

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about JDP Financial Group