Mason & Associates provides financial planning, portfolio management for individuals and small businesses, selecting other managers, educational seminars, divorce planning, estate planning, insurance, tax planning, and tax preparation. Financial planning was provided to 251–500 clients last fiscal year.
Mason & Associates reports 414 clients. They include 242 individual clients and 172 high-net-worth individuals. Of its assets, 100.0% ($471M across 1,687 accounts) are managed with discretion. It advised 8 clients without assets under management last fiscal year.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 58% | 31% |
| High-net-worth individuals | 42% | 69% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 242 | $146M | 31.1% | $605K |
| High-net-worth individuals | 172 | $325M | 68.9% | $1.89M |
| Total | 414 | $471M | 100% | $1.14M |
- Clients
- 242
- Regulatory AUM
- $146M
- AUM share
- 31.1%
- Avg. per client
- $605K
- Clients
- 172
- Regulatory AUM
- $325M
- AUM share
- 68.9%
- Avg. per client
- $1.89M
Total
- Clients
- 414
- Regulatory AUM
- $471M
- AUM share
- 100%
- Avg. per client
- $1.14M
- Clients outside the U.S.
- 0%
- Clients advised without assets under management last fiscal year
- 8
- Private funds advised
- 0
- Financial planning clients last fiscal year
- 251–500
Mason & Associates charges up to 2.00% a year for its Investment Management Fees. The fee is billed in arrears and is negotiable. The brochure also prices 3 other services, listed under fee details.
Fee details and sources
Other fees
- Divorce Planning Services
- Divorce planning services are charged a negotiated fixed fee, billed in arrears, based on the nature and scope of the services.
- Initial Financial Planning Fee
- The initial financial plan is a negotiable flat fee typically ranging from $3,000 to $20,000, which may be waived in whole or part.
- Ongoing Financial Planning Fee
- Ongoing planning is a recurring fixed fee typically from $100 to $1,000 per month, generally waived above $700,000 under management.
John Mason owns 25% to 50% of Mason & Associates. The leadership team of Mason & Associates includes President Thomas Blackburn. It has 11 employees, 7 of them in advisory roles.
Leadership
Thomas BlackburnMember, Vice President, Chief Compliance Officer, & Senior Financial Planner
John MasonMember, President, & Senior Financial Planner
Michael MasonMember, Chairman, & Senior Financial Planner- Barbara MasonChief Operations Officer
Kenneth MasonMember, Senior Financial Planner
Benjamin RaikesMember & Senior Financial Planner
Investment adviser representatives
7 representatives listed in the SEC register as of 9 October 2026.
Staff
- 11 employees
- 7 in advisory functions
- 7 state-registered reps
- 1 insurance agent
- Owns 25% to 50% of Mason & Associates, LLC
John Mason
Control person · since January 2020
- Owns 25% to 50% of Mason & Associates, LLC
Thomas Blackburn
Control person · since December 2020
- Owns 10% to 25% of Mason & Associates, LLC
Michael Mason
since January 2020
- Owns 10% to 25% of Mason & Associates, LLC
Kenneth Mason
since January 2020
- Owns 10% to 25% of Mason & Associates, LLC
Benjamin Raikes
since January 2024
Mason & Associates’ regulatory assets grew 2.0× from $237M (March 2021) to $471M (August 2026); clients rose from 385 to 414 and employees from 8 to 11.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | Employees | Offices |
|---|---|---|---|---|
| August 2026 | $471M | 414 | 11 | 8 |
| June 2025 | $404M | 406 | 8 | 1 |
| January 2024 | $319M | 378 | 9 | 1 |
| March 2023 | $274M | 378 | 8 | 1 |
| May 2022 | $307M | 407 | 10 | 1 |
| March 2021 | $237M | 385 | 8 | 1 |
Besides its headquarters, Mason & Associates has 7 offices (7 private residences, listed without an address), with 1 listed address in Virginia.
Virginia · 1 listed address
- 2 Bayport Way, Suite 110, Newport NewsHQ
Contact and registration details
- Legal name
- Mason & Associates, LLC
- Headquarters
- 2 Bayport Way, Suite 110, Newport News, VA 23606
- Website
- masonassociates.com
- Phone
- 757-223-9898
- @mason-&-associates-llc
- SEC file
- 801-119343
- Founded
- 2020
- Structure
- Virginia LLC
- Fiscal year end
- December
Mason & Associates uses Axos Clearing ($462M) as custodian for its separately managed accounts. Mason & Associates has custody of $37M in client assets for 77 clients.
- Axos ClearingAxos Clearing LLC · Omaha, NE · $462M100%
At year end, Mason & Associates’ separately managed accounts were mostly in funds (97%). Its reported 13F holdings for the quarter ended 30 June 2026 total $481M across 45 positions; the largest are Vanguard Index Fds (31.1%), iShares TR (28.3%) and Pimco ETF TR (5.7%).
What the accounts hold
- Stocks2%
- Funds97%
- Cash1%
Reported 13F holdings
- $481M
- Reported 13F value
- 45
- Positions
- 90.7%
- In the 10 largest
- +10.0%
- Value vs. prior quarter
- Vanguard Index Fds · Large Cap ETF31.1%
- iShares TR · Core Univrsl Usd28.3%
- Pimco ETF TR · Multisector BD5.7%
- Blackrock ETF Trust · iShares US Equit5.5%
- Vanguard Index Fds · Mid Cap ETF5.4%
- SPDR Index Shs Fds · ST Str PO EX ETF4.1%
- iShares TR · Core Intl Aggr3.9%
- Vanguard Index Fds · Small CP ETF2.9%
- American Centy ETF TR · Intl EQT ETF2.5%
- SPDR Index Shs Fds · ST Port Mark ETF1.4%
Together, the ten largest are 90.7% of reported value.
How many clients does Mason & Associates have?
Mason & Associates has 414 clients and manages $471 million for them, as of August 2026. They include 242 individual clients and 172 high-net-worth individuals.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 31 August 2026
What services does Mason & Associates offer?
Mason & Associates provides financial planning, portfolio management for individuals and small businesses, selecting other managers, educational seminars, divorce planning, estate planning, insurance, tax planning, and tax preparation.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file; Part 2A brochure, Item 4
How much does Mason & Associates charge?
Mason & Associates charges up to 2.00% a year for its Investment Management Fees. The fee is billed in arrears and is negotiable.
Source: 2026-08-31 MASON & ASSOCIATES FORM ADV PART 2A, filed 13 October 2026
Which custodians does Mason & Associates use?
Mason & Associates’ separately managed account assets are held at Axos Clearing LLC (Omaha, NE), with $462M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 31 August 2026
How many financial advisors does Mason & Associates have?
Mason & Associates has 7 investment adviser representatives registered with state securities authorities, out of 11 employees, and 7 perform investment advisory functions. 0 employees are registered representatives of a broker-dealer and 1 employee is a licensed insurance agent.
Source: Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file
What does Mason & Associates invest in?
At the end of its last fiscal year, Mason & Associates’ separately managed accounts held 97% registered funds (mutual funds, ETFs, BDCs), 2% exchange-traded equities and 1% cash and equivalents.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Mason & Associates?
Mason & Associates’ direct owners are Michael Mason, Kenneth Mason, John Mason, Thomas Blackburn and Benjamin Raikes, each holding 50% or less.
Source: Form ADV Part 1A, Schedules A and B, filed 31 August 2026
How does Mason & Associates get paid?
Mason & Associates is paid through a percentage of assets under management, hourly charges and fixed fees. Its Form ADV lists no commissions or performance-based fees among how it is paid.
Source: Form ADV Part 1A, Item 5.E, from the SEC's 2 October 2026 data file
How do I contact Mason & Associates?
Mason & Associates’ main office is at 2 Bayport Way, Suite 110, Newport News, VA 23606. Its phone number is 757-223-9898. Its website is masonassociates.com.