# MJT & Associates Financial Advisory Group, Inc.

> MJT & Associates Financial Advisory Group, Inc. is an SEC-registered investment advisory firm in Montevideo, MN, registered since 2021, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated February 26, 2026.

- CRD: 297716
- Filed as: MJT & ASSOCIATES FINANCIAL ADVISORY GROUP, INC.
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Montevideo, MN
- Filing period: October 2026
- Form ADV filing dated: February 26, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/297716
- AdvisorCensus page: https://advisorcensus.com/firm/mjt-and-associates-financial-advisory-group-inc-montevideo-mn-297716

## Quick answers

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

**How much does MJT & Associates Financial Advisory Group, Inc. charge?**
Its Form ADV Part 2A brochure dated February 26, 2026 states: Hourly rate: $500 an hour (financial planning services). Fees can differ by service and may be negotiable; the brochure is the complete statement.

**Where is MJT & Associates Financial Advisory Group, Inc. located?**
MJT & Associates Financial Advisory Group, Inc.'s principal office is in Montevideo, MN, according to its Form ADV; the March 2026 filing also lists 1 other office (Schedule D, Section 1.F).

**Is MJT & Associates Financial Advisory Group, Inc. registered with the SEC or a state?**
MJT & Associates Financial Advisory Group, Inc. is an SEC-registered investment advisory firm, registered since 2021. Status as filed: Approved. CRD 297716.

**How much does MJT & Associates Financial Advisory Group, Inc. manage?**
MJT & Associates Financial Advisory Group, Inc. reports $198,946,748 in regulatory assets under management in its Form ADV filing dated February 26, 2026 (95% discretionary).

**How have MJT & Associates Financial Advisory Group, Inc.'s assets and staff changed since 2021?**
In the Form ADV data for MJT & Associates Financial Advisory Group, Inc.: Regulatory assets under management: $119,795,910 in the October 2021 data and $198,946,748 in the October 2026 data, up 66%. Total employees: 5 in October 2021 and 2 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does MJT & Associates Financial Advisory Group, Inc. serve?**
By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (242); high net worth individuals (64); pension and profit sharing plans (but not the plan participants or government pension plans) (7).

**Which custodians does MJT & Associates Financial Advisory Group, Inc. use?**
MJT & Associates Financial Advisory Group, Inc.'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 MJT & Associates Financial Advisory Group, Inc. 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/297716

**Does MJT & Associates Financial Advisory Group, Inc. state an account minimum?**
Its Form ADV Part 2A brochure dated February 26, 2026 says: "MJT generally does not impose a minimum relationship size."

**What changed in MJT & Associates Financial Advisory Group, Inc.'s recent Form ADV filings?**
In the March 2026 filing data: Regulatory assets under management went from $164,937,183 to $198,946,748 (+21%).

## 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 February 26, 2026)

- Account minimum: None

> MJT generally does not impose a minimum relationship size.

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

> MJT offers financial planning services either on an hourly basis (up to $500 per hour) or a fixed engagement fee.

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: $198,946,748
- Discretionary: $188,970,162
- Non-discretionary: $9,976,586

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 242 | $56,619,159 |
| High net worth individuals | 64 | $129,115,799 |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | 7 | $9,976,586 |
| Charitable organizations | 1 | $157,294 |
| Corporations or other businesses not listed above | 3 | $3,077,910 |

### 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)

### Firm details
- Registered since: 2021 (5 years)
- Employees: 2 total, 1 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: CA, MN, ND, TX, WI
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Other offices (Schedule D, Section 1.F), as of the March 2026 filing
- Excelsior, MN

### Websites listed on Form ADV (Item 1.I)
- [mjtassociates.com/home](https://mjtassociates.com/home)
- Facebook @mjtassociates
- LinkedIn @mitchell-j--thompson-&-associates-llc

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $119,795,910 | 5 | March 28, 2021 |
| October 2022 | $142,462,119 | 4 | March 9, 2022 |
| October 2023 | $112,752,406 | 3 | March 9, 2023 |
| October 2024 | $137,414,898 | 2 | February 2, 2024 |
| October 2025 | $164,937,183 | 2 | January 30, 2025 |
| October 2026 | $198,946,748 | 2 | February 26, 2026 |

Regulatory assets under management: $119,795,910 in the October 2021 data and $198,946,748 in the October 2026 data, up 66%.
Total employees: 5 in October 2021 and 2 in October 2026.

## Changes in the filing (last 12 months)

### March 2026
- Regulatory assets under management went from $164,937,183 to $198,946,748 (+21%).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. MJT & Associates Financial Advisory Group, Inc. (CRD 297716): Form ADV filing data as of October 2026.