MJP WEALTH ADVISORS

RIASEC RegisteredEst. 2004

Total AUM

$1.6B

Discretionary

$1.6B

100% of AUM

Avg account

$511K

Accounts

3,057

Employees

Advisory reps

Firm details

Headquarters: FARMINGTON, Connecticut
CRD number: 127654
Registered since: September 1, 2004
Website: mjpassociates.com
Custodians: CHARLES SCHWAB & CO., INC.
Fee structure: Percentage of AUM, Hourly Charges, Fixed Fees
Client types: HNWI63.23%
Pension & Profit Sharing Plans19.07%
Individuals16.3%
Charitable Organizations0.85%
Corporations / Businesses0.55%
Services: Financial PlanningPortfolio Management for IndividualsPension ConsultingSelection of Other Advisers

Firm profile

FINTRX

Overview

MJP Wealth Advisors is an independent, SEC-registered registered investment adviser that has been operating since 2004. The firm is individually owned and positions itself as a capital allocator for both individuals and families as well as institutional clients. Its advisory services include financial planning, portfolio management for individuals and small businesses, selection of other advisers, and pension consulting services. Fee arrangements are flexible and include percentage-of-AUM billing alongside hourly and fixed-fee engagements. The firm has been recognized in industry rankings, appearing on Financial Times’ Top 300 RIA firms (2020), on FA Magazine’s Top RIA Firms (2020), and on Forbes’ lists in 2023 and 2024. MJP does not list itself as an active ESG investor, and it is not designated as a multi-state adviser in the snapshot data.