# 994 Group

> 994 Group is an SEC-registered investment advisory firm in Austin, TX, registered since 2023, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated February 2, 2026.

- CRD: 289923
- Filed as: 994 GROUP
- Legal name: MJR Financial LLC
- Also doing business as: 994 GROUP
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Austin, TX
- Filing period: October 2026
- Form ADV filing dated: February 2, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/289923
- AdvisorCensus page: https://advisorcensus.com/firm/994-group-austin-tx-289923

## Quick answers

**How is 994 Group compensated?**
On its Form ADV (Item 5.E, October 2026), 994 Group reports these compensation arrangements: a percentage of assets under its management; fixed fees (other than subscription fees); other.

**Where is 994 Group located?**
994 Group's principal office is in Austin, TX, according to its Form ADV.

**Is 994 Group registered with the SEC or a state?**
994 Group is an SEC-registered investment advisory firm, registered since 2023. Status as filed: Approved. CRD 289923.

**How much does 994 Group manage?**
994 Group reports $244,657,891 in regulatory assets under management in its Form ADV filing dated February 2, 2026 (99% discretionary).

**How have 994 Group's assets and staff changed since 2023?**
In the Form ADV data for 994 Group: Regulatory assets under management: $107,178,910 in the October 2023 data and $244,657,891 in the October 2026 data, up 128%. Total employees: 3 in October 2023 and 2 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does 994 Group serve?**
By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (121); high net worth individuals (83); charitable organizations (5).

**Which custodians does 994 Group use?**
994 Group's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Charles Schwab & Co., Inc. as a custodian holding 10% or more of its separately managed account assets.

**Does 994 Group report any disciplinary disclosures?**
Reports no disclosure items on Form ADV Item 11. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/289923

**Does 994 Group state an account minimum?**
Its Form ADV Part 2A brochure dated February 2, 2026 says: "Our minimum account opening balance is $5,000.00, which may be negotiable based upon certain circumstances." "Our minimum household opening balance is $5,000.00, which may be negotiable based upon certain circumstances."

**What changed in 994 Group's recent Form ADV filings?**
In the March 2026 filing data: Regulatory assets under management went from $186,789,985 to $244,657,891 (+31%).

## From the Form ADV filing

### Compensation (Item 5.E)
- A percentage of assets under your management
- Fixed fees (other than subscription fees)
- Other

### Fees and minimums (Form ADV Part 2A brochure dated February 2, 2026)

- Account minimum: $5,000 (the brochure says it may be waived or negotiated)

> Our minimum account opening balance is $5,000.00, which may be negotiable based upon certain circumstances.

> Our minimum household opening balance is $5,000.00, which may be negotiable based upon certain circumstances.

As stated in the firm's brochure. Fees can differ by service and may be negotiable.

### Custodians (Schedule D, Section 5.K(3))
- Charles Schwab & Co., Inc.

Custodians holding 10% or more of the firm's separately managed account assets, as filed on Form ADV (Schedule D, Section 5.K(3)). A custodian holds client assets; it does not endorse or supervise the firm. AdvisorCensus has no relationship with any custodian.

### Regulatory assets under management (Item 5.F)
- Total: $244,657,891
- Discretionary: $243,270,675
- Non-discretionary: $1,387,216

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 121 | $27,988,913 |
| High net worth individuals | 83 | $212,940,533 |
| Charitable organizations | 5 | $1,460,063 |
| Corporations or other businesses not listed above | 5 | $2,268,382 |

### Advisory services (Item 5.G)
- Financial planning services
- Portfolio management for individuals and/or small businesses
- Selection of other advisers (including private fund managers)
- Other

### Firm details
- Registered since: 2023 (3 years)
- Employees: 2 total, 2 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: FL, IL, NY, TX
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Websites listed on Form ADV (Item 1.I)
- 994group.com
- Facebook @994group
- LinkedIn @994group

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2023 | $107,178,910 | 3 | July 14, 2023 |
| October 2024 | $142,424,620 | 3 | August 14, 2024 |
| October 2025 | $186,789,985 | 2 | March 25, 2025 |
| October 2026 | $244,657,891 | 2 | February 2, 2026 |

Regulatory assets under management: $107,178,910 in the October 2023 data and $244,657,891 in the October 2026 data, up 128%.
Total employees: 3 in October 2023 and 2 in October 2026.

## Changes in the filing (last 12 months)

### March 2026
- Regulatory assets under management went from $186,789,985 to $244,657,891 (+31%).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. 994 Group (CRD 289923): Form ADV filing data as of October 2026.