# MJ Retirement

> MJ Retirement is an SEC-registered investment advisory firm in Carmel, IN, registered since 2012, reporting over $5 billion in regulatory assets under management in its Form ADV filing dated March 23, 2026.

- CRD: 164328
- Filed as: MJ RETIREMENT
- Legal name: Procourse Fiduciary Advisors, LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Carmel, IN
- Filing period: October 2026
- Form ADV filing dated: March 23, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/164328
- AdvisorCensus page: https://advisorcensus.com/firm/mj-retirement-carmel-in-164328

## Quick answers

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

**Where is MJ Retirement located?**
MJ Retirement's principal office is in Carmel, IN, according to its Form ADV.

**Is MJ Retirement registered with the SEC or a state?**
MJ Retirement is an SEC-registered investment advisory firm, registered since 2012. Status as filed: Approved. CRD 164328.

**How much does MJ Retirement manage?**
MJ Retirement reports $5,492,591,864 in regulatory assets under management in its Form ADV filing dated March 23, 2026 (33% discretionary).

**How have MJ Retirement's assets and staff changed since 2021?**
In the Form ADV data for MJ Retirement: Regulatory assets under management: $4,945,909,652 in the October 2021 data and $5,492,591,864 in the October 2026 data, up 11%. Total employees: 8 in October 2021 and 11 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does MJ Retirement serve?**
By number of clients on Form ADV Item 5.D: pension and profit sharing plans (but not the plan participants or government pension plans) (153); high net worth individuals (21); individuals (other than high net worth individuals) (18).

**Which custodians does MJ Retirement use?**
MJ Retirement's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Empower Retirement and Fidelity Brokerage Services LLC as custodians holding 10% or more of its separately managed account assets.

**Does MJ Retirement 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/164328

**Does MJ Retirement state an account minimum?**
Its Form ADV Part 2A brochure dated March 23, 2026 says: "MJ Retirement does not require a minimum account size, but may impose a minimum annual fee."

**What changed in MJ Retirement's recent Form ADV filings?**
In the April 2026 filing data: Updated its list of owners and control persons (Schedule A).

## From the Form ADV filing

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

### Fees and minimums (Form ADV Part 2A brochure dated March 23, 2026)

- Account minimum: None

> MJ Retirement does not require a minimum account size, but may impose a minimum annual fee.

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

### Custodians (Schedule D, Section 5.K(3))
- Empower Retirement
- Fidelity Brokerage Services LLC

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: $5,492,591,864
- Discretionary: $1,795,879,075
- Non-discretionary: $3,696,712,789

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 18 | $5,662,143 |
| High net worth individuals | 21 | $75,472,593 |
| Banking or thrift institutions | 0 | $0 |
| Investment companies | 0 | $0 |
| Business development companies | 0 | $0 |
| Pooled investment vehicles (other than investment companies and business development companies) | 0 | $0 |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | 153 | $5,384,318,669 |
| Charitable organizations | 0 | $0 |
| State or municipal government entities (including government pension plans) | 0 | $0 |
| Other investment advisers | 0 | $0 |
| Insurance companies | 0 | $0 |
| Sovereign wealth funds and foreign official institutions | 0 | $0 |
| Corporations or other businesses not listed above | 0 | $0 |
| Other | 1 | $27,138,459 |

### Advisory services (Item 5.G)
- Financial planning services
- Portfolio management for individuals and/or small businesses
- Portfolio management for businesses (other than small businesses) or institutional clients
- Pension consulting services
- Selection of other advisers (including private fund managers)
- Educational seminars/workshops

### Firm details
- Registered since: 2012 (14 years)
- Employees: 11 total, 7 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: CO, IL, IN, KY, LA, MI, OH, SC, TX, WI
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Websites listed on Form ADV (Item 1.I)
- Facebook @THEMJCOS
- Instagram @THE_MJ_COMPANIES
- LinkedIn @mjretirement
- LinkedIn @themjcompanies
- X @MJ_COMPANIES

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $4,945,909,652 | 8 | July 19, 2021 |
| October 2022 | $5,266,711,645 | 8 | March 23, 2022 |
| October 2023 | $3,930,426,041 | 14 | March 14, 2023 |
| October 2024 | $4,412,477,143 | 11 | April 3, 2024 |
| October 2025 | $5,071,033,397 | 13 | March 20, 2025 |
| October 2026 | $5,492,591,864 | 11 | March 23, 2026 |

Regulatory assets under management: $4,945,909,652 in the October 2021 data and $5,492,591,864 in the October 2026 data, up 11%.
Total employees: 8 in October 2021 and 11 in October 2026.

## Changes in the filing (last 12 months)

### April 2026
- Updated its list of owners and control persons (Schedule A).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. MJ Retirement (CRD 164328): Form ADV filing data as of October 2026.