MJP Associates provides financial planning, portfolio management for individuals and small businesses, pension consulting, and selecting other managers.
MJP Associates reports 906 clients. They include 586 individual clients, 279 high-net-worth individuals, and 36 pension and profit-sharing plans. Of its assets, 100.0% ($1.56B across 3,057 accounts) are managed with discretion.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 65% | 16% |
| High-net-worth individuals | 31% | 63% |
| Pension and profit-sharing plans | 4% | 19% |
| Charitable organizations | <1% | <1% |
| Corporations and other businesses | Fewer than 5 | <1% |
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) | 586 | $255M | 16.3% | $434K |
| High-net-worth individuals | 279 | $987M | 63.2% | $3.54M |
| Pension and profit-sharing plans | 36 | $298M | 19.1% | $8.27M |
| Charitable organizations | 5 | $13.2M | 0.8% | $2.64M |
| Corporations and other businesses | Fewer than 5 | $8.63M | 0.6% | — |
| Total | 906 | $1.56B | 100% | — |
- Clients
- 586
- Regulatory AUM
- $255M
- AUM share
- 16.3%
- Avg. per client
- $434K
- Clients
- 279
- Regulatory AUM
- $987M
- AUM share
- 63.2%
- Avg. per client
- $3.54M
- Clients
- 36
- Regulatory AUM
- $298M
- AUM share
- 19.1%
- Avg. per client
- $8.27M
- Clients
- 5
- Regulatory AUM
- $13.2M
- AUM share
- 0.8%
- Avg. per client
- $2.64M
- Clients
- Fewer than 5
- Regulatory AUM
- $8.63M
- AUM share
- 0.6%
- Avg. per client
- —
Total
- Clients
- 906
- Regulatory AUM
- $1.56B
- AUM share
- 100%
- Avg. per client
- —
- Clients outside the U.S.
- 0%
- Clients advised without assets under management last fiscal year
- 0
- Private funds advised
- 0
- Financial planning clients last fiscal year
- 0
MJP Associates charges 0.75%–1.35% a year for its Asset Management. The brochure also prices 2 other services, listed under fee details.
Fee details and sources
Other fees
- Financial Planning and Consulting
- Billed hourly ($125 to $500 an hour, by advisor) or as a flat fee of $1,500 to $5,000, with a 50% retainer required.
- MJP Online Advisor Services
- Clients subscribing to this service are charged 0.30% of managed assets, deducted from the managed account.
Brian Vendig owns 50% to 75% of MJP Associates. The leadership team of MJP Associates includes President Brian Vendig. It has 21 employees, 12 of them in advisory roles.
Leadership
- Brian VendigPresident, Chief Compliance Officer
- Michele VendigVice President and Treasurer
Investment adviser representatives
12 representatives listed in the SEC register as of 9 October 2026.
- Kevin Brady
- Robert Frederick Eilers
- Timothy John Fitzgerald
- Steven Eric Glick
- Ruth Lambert Gretz
- Richard Donnelly Hammond JR
- Theodore Nathan Kaplan
- Louis T Nistico JR
- Morton Jay Potoff
- Michael Stamos
- Brian Hugh Vendig
- Michele Ann Vendig
Staff
- 21 employees
- 12 in advisory functions
- 12 state-registered reps
- 1 broker-dealer rep
- 10 insurance agents
- Owns 50% to 75% of MJP Associates, Inc.
Brian Vendig
Control person · since September 2025
- Owns 50% to 75% of MJP Associates, Inc.
Michele Vendig
Control person · since April 2014
MJP Associates’ regulatory assets grew 2.1× from $757M (June 2021) to $1.56B (June 2026); clients were 906 in both filings and employees rose from 10 to 21.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | Employees | Offices |
|---|---|---|---|---|
| June 2026 | $1.56B | 906 | 21 | 2 |
| June 2025 | $1.32B | 849 | 14 | 2 |
| July 2024 | $1.06B | 1,400 | 11 | 2 |
| July 2023 | $853M | 1,016 | 10 | 2 |
| June 2022 | $905M | 977 | 10 | 2 |
| June 2021 | $757M | 886 | 10 | 2 |
Besides its headquarters, MJP Associates has 1 office, with 2 listed addresses in Connecticut.
Connecticut · 2 listed addresses
- 74 Batterson Park RD, Suite 103, FarmingtonHQ
- 320 Post Road West, Westport
Other business names
MJP Associates has reported 1 other business name to the SEC.
- MJP Wealth Advisors
Contact and registration details
- Legal name
- MJP Associates, Inc.
- Headquarters
- 74 Batterson Park RD, Suite 103, Farmington, CT 06032
- Website
- mjpwealthadvisors.com
- Phone
- 860-677-7755
- @mjp-wealth-advisors
- SEC file
- 801-63389
- Structure
- Connecticut corporation
- Fiscal year end
- December
MJP Associates uses Charles Schwab ($1.19B) as custodian for its separately managed accounts. MJP Associates has custody of $297M in client assets for 581 clients.
- Charles SchwabCharles Schwab & Co., Inc. · Westlake, TX · $1.19B100%
At year end, MJP Associates’ separately managed accounts were mostly in funds (60%) and stocks (27%). Its reported 13F holdings for the quarter ended 30 June 2026 total $914M across 233 positions; the largest are Vanguard Index Fds (10.8%), Vanguard Specialized Funds (7.1%) and Janus Detroit Str TR (6.4%).
What the accounts hold
- Stocks27%
- Exchange-traded equities26%
- Non-exchange-traded equities1%
- Funds60%
- Registered funds59%
- Pooled vehicles1%
- Bonds7%
- State and local bonds4%
- U.S. government and agency bonds2%
- High-yield corporate bonds1%
- Cash3%
- Other3%
- Annuities2%
- Derivatives1%
Reported 13F holdings
- $914M
- Reported 13F value
- 233
- Positions
- 55.2%
- In the 10 largest
- +11.0%
- Value vs. prior quarter
- Vanguard Index Fds · S&P 500 ETF Shs10.8%
- Vanguard Specialized Funds · Div App ETF7.1%
- Janus Detroit Str TR · Hendrson Aaa CL6.4%
- Pimco ETF TR · Enhan Shrt MA AC6.2%
- T Rowe Price Exchange-traded · Price Blue Chip5.3%
- Blackrock ETF Trust II · Isha Flex IN ETF5.2%
- Apple Inc.4.5%
- Bny Mellon ETF Trust II · Dynamic Value4.0%
- Dimensional ETF Trust · Intl Core Equity3.4%
- Nvidia Corporation2.5%
Together, the ten largest are 55.2% of reported value.
How many clients does MJP Associates have?
MJP Associates has 906 clients and manages $1.56 billion for them, as of June 2026. They include 586 individual clients, 279 high-net-worth individuals, and 36 pension and profit-sharing plans.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 11 June 2026
What services does MJP Associates offer?
MJP Associates provides financial planning, portfolio management for individuals and small businesses, pension consulting, and selecting other managers.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
How much does MJP Associates charge?
MJP Associates charges 0.75%–1.35% a year for its Asset Management.
Source: MJP FORM ADV 2A BROCHURE 6/10/26, filed 11 June 2026
Which custodians does MJP Associates use?
MJP Associates’ separately managed account assets are held at Charles Schwab & Co., Inc. (Westlake, TX), with $1.19B. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 11 June 2026
How many financial advisors does MJP Associates have?
MJP Associates has 12 investment adviser representatives registered with state securities authorities, out of 21 employees, and 12 perform investment advisory functions. 1 employee is a registered representative of a broker-dealer and 10 employees are 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 MJP Associates invest in?
At the end of its last fiscal year, MJP Associates’ separately managed accounts held 59% registered funds (mutual funds, ETFs, BDCs), 26% exchange-traded equities, 4% state and local bonds, 3% cash and equivalents, 2% U.S. government and agency bonds, 2% other, 1% non-exchange-traded equities, 1% high-yield corporate bonds, 1% derivatives and 1% pooled vehicles (private funds and similar). The 2% other category is described as: Annuities.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns MJP Associates?
MJP Associates’ direct owners are Brian Vendig (50% to 75%) and Michele Vendig (50% to 75%).
Source: Form ADV Part 1A, Schedules A and B, filed 11 June 2026
How does MJP Associates get paid?
MJP 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
Is MJP Associates registered with the SEC?
Yes, MJP Associates has been registered with the SEC as an investment adviser since 1 September 2004. Its CRD number is 127654 and its SEC file number is 801-63389.
Source: Form ADV Part 1A, Item 1, filed 11 June 2026; IAPD firm record
How do I contact MJP Associates?
MJP Associates’ main office is at 74 Batterson Park RD, Suite 103, Farmington, CT 06032. Its phone number is 860-677-7755. Its website is mjpwealthadvisors.com.