{"url":"https://nivawealth.com/firms/mjc-advisors-136839","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/136839","regulatoryAum":190314069,"crd":"136839","adviserRoster":{"asOf":"2026-10-09","items":[{"crd":"5000932","suffix":null,"lastName":"COOPERMAN","firstName":"LEONARD","middleName":"JON"},{"crd":"5025036","suffix":null,"lastName":"COOPERMAN","firstName":"MICHAEL","middleName":"JEFFREY"}],"total":2,"loadedAt":"2026-10-10T00:20:19.761928+00:00","sourceUrl":"https://reports.adviserinfo.sec.gov/reports/CompilationReports/IA_INDVL_Feed_10_09_2026.xml.zip"},"history":[{"filedOn":"2021-03-17","regulatoryAum":126196647,"clients":73,"employees":2,"offices":1},{"filedOn":"2022-03-23","regulatoryAum":142955303,"clients":74,"employees":2,"offices":2},{"filedOn":"2023-03-23","regulatoryAum":133166962,"clients":75,"employees":2,"offices":2},{"filedOn":"2024-03-21","regulatoryAum":144562779,"clients":75,"employees":2,"offices":2},{"filedOn":"2025-03-24","regulatoryAum":171032313,"clients":87,"employees":2,"offices":2},{"filedOn":"2026-03-12","regulatoryAum":190314069,"clients":83,"employees":2,"offices":2}],"secFileNumber":"801-117936","legalName":"MJC Advisors, LLC","displayName":"MJC Advisors","slug":"mjc-advisors-136839","website":"https://mjcadvisorsllc.com/","classification":{"segment":"individuals","segmentLabel":"Wealth management","type":"independent_wealth_manager","typeLabel":"RIA","feeDisclosure":"full"},"founded":null,"organization":"Maryland limited liability company","fiscalYearEnd":"December","headquarters":{"street":"","city":"","state":"","stateName":"","country":"","postalCode":null},"tradeNames":[],"registration":{"secApproved":"10 January 2020","noticeFilings":null,"latestNoticeFiling":null},"wealthAumPerClient":2251372.807228916,"staff":{"employees":2,"advisory":2,"brokerDealerReps":0,"insuranceAgents":0,"promoters":0},"aum":{"regulatory":190314069,"discretionary":190314069,"discretionaryAccounts":371,"nonDiscretionary":0,"nonDiscretionaryAccounts":0,"wrapProgram":null,"nonUsClientsPct":1,"nonAumClients":0},"clientTypes":[{"label":"Individuals (other than HNW)","clients":71,"regulatoryAum":83791092},{"label":"High-net-worth individuals","clients":12,"regulatoryAum":103072851},{"label":"Pension and profit-sharing plans","clients":null,"fewerThan5":true,"regulatoryAum":3450126}],"feePrograms":[{"role":"main","program":"Investment Advisory Services","feeBasis":"ceiling","fee_tiers":null,"sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1018148","versionId":1018148,"ratePeriod":"annual","fee_billing":"advance","submittedOn":"2026-03-12","documentName":"ADV PART 2 BROCHURE - MJC ADVISORS, LLC","fee_rate_low":null,"fee_rate_high":1,"fee_negotiable":true,"minimum_account":null,"feeMinimumPeriod":null,"fee_minimum_annual":null}],"brochureCoverage":{"scope":"sec_inventory","status":"reviewed","checkedAt":"2026-10-22T13:19:27.7217+00:00","documents":[{"name":"ADV PART 2 BROCHURE - MJC ADVISORS, LLC","status":"read","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1018148","versionId":1018148,"submittedOn":"2026-03-12"}]},"custodians":[{"name":"Charles Schwab & Co., Inc.","shortName":"Charles Schwab","location":"San Francisco, CA","smaAssets":171347003}],"custodyNote":"MJC Advisors does not have custody of client assets.","otherCustodians":[],"leadership":[{"name":"Michael Cooperman","title":"Managing Member - President and CEO","crd":"5025036"},{"name":"Leonard Cooperman","title":"Senior Vice President and Chief Compliance Officer","crd":"5000932"}],"ownership":[{"label":"Michael Cooperman","detail":"Managing member - president and ceo in the 75% or more ownership band and a control person, since July 2005."}],"branchOffices":null,"filedOffices":{"otherThanPrincipal":1,"privateResidences":1},"listedOfficeAddresses":1,"foreignOffices":[],"officesByState":[],"advFacts":{"source":{"file":"ia100226.zip","asOf":"2 October 2026"},"telephone":"410-458-4934","stateRegisteredReps":2,"otherAdviserReps":0,"compensation":["A percentage of assets under management"],"activities":["Financial planning services","Portfolio management for individuals and/or small businesses"],"financialPlanningClients":"1-10","assetMix":[{"label":"Exchange-traded equity securities","percent":66},{"label":"U.S. government/agency bonds","percent":33},{"label":"Cash and cash equivalents","percent":1}],"privateFunds":0},"sources":{"adv1FilingDate":"12 March 2026","adv1Url":"https://reports.adviserinfo.sec.gov/reports/ADV/136839/PDF/136839.pdf","brochureDate":"12 March 2026","brochureUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1018148","iapdCompiledDate":null,"retrievedDate":"15 October 2026","retrievedOn":"2026-10-15","updatedOn":"2026-10-22","holdingsUpdatedOn":"2026-10-21","adv1Pages":{},"brochurePages":{}},"otherBusiness":[],"faq":[{"question":"How many clients does MJC Advisors have?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does MJC Advisors offer?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"How much does MJC Advisors charge?","answer":"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","sourceRef":{"doc":"brochure","section":"fees"}},{"question":"Which custodians does MJC Advisors use?","answer":"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","sourceRef":{"doc":"adv1","section":"custodians"}},{"question":"How many financial advisors does MJC Advisors have?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What does MJC Advisors invest in?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Who owns MJC Advisors?","answer":"MJC Advisors’ direct owner is Michael Cooperman (75% or more).","source":"Form ADV Part 1A, Schedules A and B, filed 12 March 2026","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does MJC Advisors get paid?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"How do I contact MJC Advisors?","answer":"Its phone number is 410-458-4934. Its website is mjcadvisorsllc.com.","source":"Form ADV Part 1A, Item 1.F, filed 12 March 2026","sourceRef":{"doc":"adv1","section":"offices"}}],"holdings":null,"notice":"Compiled from public SEC Form ADV filings on the dates in `sources`. Facts as filed; not a rating, ranking, or recommendation. Niva is not affiliated with this firm. Disciplinary history is deliberately not included here or on the page; the SEC publishes the complete record at the `iapdUrl` above."}