# MJP Wealth Advisors

> MJP Wealth Advisors is an SEC-registered investment advisory firm in Farmington, CT, registered since 2004, reporting $1 billion to $5 billion in regulatory assets under management in its Form ADV filing dated June 11, 2026.

- CRD: 127654
- Filed as: MJP WEALTH ADVISORS
- Legal name: MJP Associates, Inc.
- Also doing business as: MJP WEALTH ADVISORS
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Farmington, CT
- Filing period: October 2026
- Form ADV filing dated: June 11, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/127654
- AdvisorCensus page: https://advisorcensus.com/firm/mjp-wealth-advisors-farmington-ct-127654

## Quick answers

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

**How much does MJP Wealth Advisors charge?**
Its Form ADV Part 2A brochure dated June 11, 2026 states: Hourly rate: $500 an hour (financial planning consulting services); Hourly rate: $400 an hour (financial planning consulting services); Hourly rate: $300 an hour (financial planning consulting services); Hourly rate: $125 an hour (financial planning consulting services). Fees can differ by service and may be negotiable; the brochure is the complete statement.

**Where is MJP Wealth Advisors located?**
MJP Wealth Advisors' principal office is in Farmington, CT, according to its Form ADV; the July 2026 filing also lists 1 other office (Schedule D, Section 1.F).

**Is MJP Wealth Advisors registered with the SEC or a state?**
MJP Wealth Advisors is an SEC-registered investment advisory firm, registered since 2004. Status as filed: Approved. CRD 127654.

**How much does MJP Wealth Advisors manage?**
MJP Wealth Advisors reports $1,561,803,600 in regulatory assets under management in its Form ADV filing dated June 11, 2026 (100% discretionary).

**How have MJP Wealth Advisors' assets and staff changed since 2021?**
In the Form ADV data for MJP Wealth Advisors: Regulatory assets under management: $756,670,567 in the October 2021 data and $1,561,803,600 in the October 2026 data, up 106%. Total employees: 10 in October 2021 and 21 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does MJP Wealth Advisors serve?**
By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (586); high net worth individuals (279); pension and profit sharing plans (but not the plan participants or government pension plans) (36).

**Which custodians does MJP Wealth Advisors use?**
MJP Wealth Advisors' 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 MJP Wealth Advisors 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/127654

**Does MJP Wealth Advisors state an account minimum?**
Its Form ADV Part 2A brochure dated June 11, 2026 says: "The recommended minimum account size to initiate and maintain an account is $500,000, which may be deposited in the form of cash, stocks, bonds, mutual funds or variable annuities."

**What changed in MJP Wealth Advisors' recent Form ADV filings?**
In the February 2026 filing data: Employees performing advisory functions went from 6 to 12. Regulatory assets under management went from $1,319,055,891 to $1,561,803,600 (+18%).

## 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 June 11, 2026)

- Account minimum: $500,000

> The recommended minimum account size to initiate and maintain an account is $500,000, which may be deposited in the form of cash, stocks, bonds, mutual funds or variable annuities.

- Hourly rate: $500 an hour (financial planning consulting services)

> Brian H. Vendig, CPA, AIF® $500/hour

- Hourly rate: $400 an hour (financial planning consulting services)

> Kevin P. Brady, CFP® $400/hour

- Hourly rate: $300 an hour (financial planning consulting services)

> Michele A. Vendig $300/hour

- Hourly rate: $125 an hour (financial planning consulting services)

> Administrative Staff* $125/hour

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: $1,561,803,600
- Discretionary: $1,561,803,600
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 586 | $254,592,349 |
| High net worth individuals | 279 | $987,463,760 |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | 36 | $297,896,070 |
| Charitable organizations | 5 | $13,223,911 |
| Corporations or other businesses not listed above | Fewer than 5 | $8,627,510 |

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

### Firm details
- Registered since: 2004 (22 years)
- Employees: 21 total, 12 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: AZ, CA, CO, CT, DC, FL, GA, IL, MA, MD, ME, NC, NE, NH, NJ, NY, OH, PA, RI, SC, TN, TX, VA, VT
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Other offices (Schedule D, Section 1.F), as of the July 2026 filing
- Westport, CT

### Websites listed on Form ADV (Item 1.I)
- mjpwealthadvisors.com
- Facebook @mjpwealthadvisors
- LinkedIn @MJP-WEALTH-ADVISORS
- X @MJPWEALTHADV
- YouTube @mjpwealthadvisors

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $756,670,567 | 10 | June 8, 2021 |
| October 2022 | $905,486,554 | 10 | June 15, 2022 |
| October 2023 | $853,430,240 | 10 | September 11, 2023 |
| October 2024 | $1,056,627,677 | 11 | July 11, 2024 |
| October 2025 | $1,319,055,891 | 14 | June 24, 2025 |
| October 2026 | $1,561,803,600 | 21 | June 11, 2026 |

Regulatory assets under management: $756,670,567 in the October 2021 data and $1,561,803,600 in the October 2026 data, up 106%.
Total employees: 10 in October 2021 and 21 in October 2026.

## Changes in the filing (last 12 months)

### February 2026
- Employees performing advisory functions went from 6 to 12.
- Regulatory assets under management went from $1,319,055,891 to $1,561,803,600 (+18%).

### January 2026
- No longer registered or notice-filed in MO.

### December 2025
- Registered or notice-filed in MO.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. MJP Wealth Advisors (CRD 127654): Form ADV filing data as of October 2026.