MJC Advisors provides financial planning and portfolio management for individuals and small businesses. Financial planning was provided to 1–10 clients last fiscal year.
MJC Advisors reports 83 clients. They include 71 individual clients and 12 high-net-worth individuals. Of its assets, 100.0% ($190M across 371 accounts) are managed with discretion. Of its clients, 1% are outside the U.S.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 86% | 44% |
| High-net-worth individuals | 14% | 54% |
| Pension and profit-sharing plans | Fewer than 5 | 2% |
Client shares use reported counts. Client types without a reported count are excluded from that total.
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 71 | $83.8M | 44.0% | $1.18M |
| High-net-worth individuals | 12 | $103M | 54.2% | $8.59M |
| Pension and profit-sharing plans | Fewer than 5 | $3.45M | 1.8% | — |
| Total | 83 | $190M | 100% | — |
- Clients
- 71
- Regulatory AUM
- $83.8M
- AUM share
- 44.0%
- Avg. per client
- $1.18M
- Clients
- 12
- Regulatory AUM
- $103M
- AUM share
- 54.2%
- Avg. per client
- $8.59M
- Clients
- Fewer than 5
- Regulatory AUM
- $3.45M
- AUM share
- 1.8%
- Avg. per client
- —
Total
- Clients
- 83
- Regulatory AUM
- $190M
- AUM share
- 100%
- Avg. per client
- —
- Clients outside the U.S.
- 1%
- Clients advised without assets under management last fiscal year
- 0
- Private funds advised
- 0
- Financial planning clients last fiscal year
- 1–10
MJC Advisors charges up to 1.00% a year for its Investment Advisory Services. The fee is billed in advance and is negotiable.
Fee details and sources
Michael Cooperman owns 75% or more of MJC Advisors. The leadership team of MJC Advisors includes President Michael Cooperman and Chief Compliance Officer Leonard Cooperman. It has 2 employees.
Leadership
- Michael CoopermanManaging Member - President and CEO
- Leonard CoopermanSenior Vice President and Chief Compliance Officer
Investment adviser representatives
2 representatives listed in the SEC register as of 9 October 2026.
Staff
- 2 employees
- 2 in advisory functions
- 2 state-registered reps
- Owns 75% or more of MJC Advisors, LLC
Michael Cooperman
Control person · since July 2005
MJC Advisors’ regulatory assets grew 1.5× from $126M (March 2021) to $190M (March 2026); clients rose from 73 to 83 and employees were 2 in both filings.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | Employees | Offices |
|---|---|---|---|---|
| March 2026 | $190M | 83 | 2 | 2 |
| March 2025 | $171M | 87 | 2 | 2 |
| March 2024 | $145M | 75 | 2 | 2 |
| March 2023 | $133M | 75 | 2 | 2 |
| March 2022 | $143M | 74 | 2 | 2 |
| March 2021 | $126M | 73 | 2 | 1 |
Besides its headquarters, MJC Advisors has 1 office (1 private residence, listed without an address), with 1 listed address with no US state reported.
Contact and registration details
- Legal name
- MJC Advisors, LLC
- Headquarters
- Not reported
- Website
- mjcadvisorsllc.com
- Phone
- 410-458-4934
- SEC file
- 801-117936
- Structure
- Maryland LLC
- Fiscal year end
- December
MJC Advisors uses Charles Schwab ($171M) as custodian for its separately managed accounts. MJC Advisors does not have custody of client assets.
- Charles SchwabCharles Schwab & Co., Inc. · San Francisco, CA · $171M100%
At year end, MJC Advisors’ separately managed accounts were mostly in stocks (66%) and bonds (33%).
What the accounts hold
- Stocks66%
- Bonds33%
- Cash1%
How many clients does MJC Advisors have?
MJC Advisors has 83 clients and manages $190 million for them, as of March 2026. They include 71 individual clients and 12 high-net-worth individuals.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 12 March 2026
What services does MJC Advisors offer?
MJC Advisors provides financial planning and portfolio management for individuals and small businesses.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
How much does MJC Advisors charge?
MJC Advisors charges up to 1.00% a year for its Investment Advisory Services. The fee is billed in advance and is negotiable.
Source: ADV PART 2 BROCHURE - MJC ADVISORS, LLC, filed 12 March 2026
Which custodians does MJC Advisors use?
MJC Advisors’ separately managed account assets are held at Charles Schwab & Co., Inc. (San Francisco, CA), with $171M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 12 March 2026
How many financial advisors does MJC Advisors have?
MJC Advisors has 2 investment adviser representatives registered with state securities authorities, out of 2 employees, and 2 perform investment advisory functions. None are registered representatives of a broker-dealer or licensed insurance agents.
Source: Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file
What does MJC Advisors invest in?
At the end of its last fiscal year, MJC Advisors’ separately managed accounts held 66% exchange-traded equities, 33% U.S. government and agency bonds 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 MJC Advisors?
MJC Advisors’ direct owner is Michael Cooperman (75% or more).
Source: Form ADV Part 1A, Schedules A and B, filed 12 March 2026
How does MJC Advisors get paid?
MJC Advisors is paid through a percentage of assets under management. 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 MJC Advisors?
Its phone number is 410-458-4934. Its website is mjcadvisorsllc.com.