MV Capital Management provides financial planning, portfolio management for individuals and small businesses, portfolio management for institutions, pension consulting, selecting other managers, publishing newsletters, and educational seminars. Financial planning was provided to 1–10 clients last fiscal year.
MV Capital Management reports 516 clients. They include 295 high-net-worth individuals, 149 individual clients, and 50 pension and profit-sharing plans. Of its assets, 99.9% ($1.44B across 1,220 accounts) are managed with discretion; $1.49M across 4 accounts are not. It advised 2 clients without assets under management last fiscal year.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 29% | 4% |
| High-net-worth individuals | 57% | 66% |
| Pension and profit-sharing plans | 10% | 21% |
| Charitable organizations | 4% | 10% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 149 | $53.7M | 3.7% | $360K |
| High-net-worth individuals | 295 | $946M | 65.7% | $3.21M |
| Pension and profit-sharing plans | 50 | $297M | 20.6% | $5.94M |
| Charitable organizations | 22 | $143M | 9.9% | $6.49M |
| Total | 516 | $1.44B | 100% | $2.79M |
- Clients
- 149
- Regulatory AUM
- $53.7M
- AUM share
- 3.7%
- Avg. per client
- $360K
- Clients
- 295
- Regulatory AUM
- $946M
- AUM share
- 65.7%
- Avg. per client
- $3.21M
- Clients
- 50
- Regulatory AUM
- $297M
- AUM share
- 20.6%
- Avg. per client
- $5.94M
- Clients
- 22
- Regulatory AUM
- $143M
- AUM share
- 9.9%
- Avg. per client
- $6.49M
Total
- Clients
- 516
- Regulatory AUM
- $1.44B
- AUM share
- 100%
- Avg. per client
- $2.79M
- Clients outside the U.S.
- 0%
- Clients advised without assets under management last fiscal year
- 2
- Private funds advised
- 0
- Financial planning clients last fiscal year
- 1–10
MV Capital Management charges 0.60%–1.50% a year for its Non-wrap fee basis. The fee is billed in advance and is negotiable. The brochure also prices one other service, listed under fee details.
Fee details and sources
Other fees
- Stand-alone financial planning and consulting
- Stand-alone planning and consulting is negotiable, generally $1,000 to $20,000 on a fixed fee basis or $175 to $450 an hour.
Masood Vojdani owns 75% or more of MV Capital Management. The leadership team of MV Capital Management includes President Masood Vojdani and Chief Compliance Officer Mark Underwood. It has 8 employees.
Staff
- 8 employees
- 8 in advisory functions
- 8 state-registered reps
- Owns 75% or more of MV Capital Management, Inc.
Masood Vojdani
Control person · since December 2005
MV Capital Management’s regulatory assets grew 2.0× from $734M (April 2021) to $1.44B (March 2026); clients rose from 422 to 516 and employees fell from 9 to 8.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | StaffEmployees | Offices |
|---|---|---|---|---|
| Mar 2026March 2026 | $1.44B | 516 | 8 | 2 |
| Apr 2025April 2025 | $1.27B | 511 | 9 | 2 |
| Mar 2024March 2024 | $1.07B | 504 | 9 | 1 |
| Mar 2023March 2023 | $846M | 454 | 9 | 1 |
| Mar 2022March 2022 | $911M | 448 | 9 | 1 |
| Apr 2021April 2021 | $734M | 422 | 9 | 1 |
Besides its headquarters, MV Capital Management has 1 office (1 private residence, listed without an address), with 1 listed address in 1 state.
Maryland · 1 listed address
- 3 Bethesda Metro Center, Suite 650, BethesdaHQ
Other business names
MV Capital Management has reported 1 other business name to the SEC.
- MV Financial
Contact and registration details
- Legal name
- MV Capital Management, Inc.
- Headquarters
- 3 Bethesda Metro Center, Suite 650, Bethesda, MD 20814-6336
- Website
- mvfinancial.com
- Phone
- 301-656-6545
- SEC file
- 801-65709
- Structure
- Maryland corporation
- Fiscal year end
- December
MV Capital Management’s named custodians for separately managed accounts are Fidelity ($1.09B, 88%) and Broadridge Business Process Outsourcing ($146M, 12%). MV Capital Management does not have custody of client assets.
- FidelityNational Financial Services LLC · Boston, MA · $1.09B88%
- Broadridge Business Process OutsourcingBroadridge Business Process Outsourcing, LLC · Denver, CO · $146M12%
At year end, MV Capital Management’s separately managed accounts were mostly in funds (54%) and stocks (38%). Its reported 13F holdings for the quarter ended 30 June 2026 total $1.13B across 1,278 positions; the largest are iShares TR (7.1%), iShares TR (6.6%) and iShares TR (6.4%).
What the accounts hold
- Stocks38%
- Funds54%
- Cash7%
- Other1%
- Due to small percentages and rounding error, all of our bond types are in (xii) other: (iii) 0.10% (iv) 0.41% (v) 0.17% (vi) 0.35%1%
How many clients does MV Capital Management have?
MV Capital Management has 516 clients and manages $1.44 billion for them, as of March 2026. They include 295 high-net-worth individuals, 149 individual clients, and 50 pension and profit-sharing plans.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 31 March 2026
What services does MV Capital Management offer?
MV Capital Management provides financial planning, portfolio management for individuals and small businesses, portfolio management for institutions, pension consulting, selecting other managers, publishing newsletters, and educational seminars.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
How much does MV Capital Management charge?
MV Capital Management charges 0.60%–1.50% a year for its Non-wrap fee basis. The fee is billed in advance and is negotiable.
Which custodians does MV Capital Management use?
MV Capital Management’s separately managed account assets are held at National Financial Services LLC (Boston, MA), with $1.09B and Broadridge Business Process Outsourcing, LLC (Denver, CO), with $146M. 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 March 2026
How many financial advisors does MV Capital Management have?
MV Capital Management has 8 investment adviser representatives registered with state securities authorities, out of 8 employees, and 8 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 MV Capital Management invest in?
At the end of its last fiscal year, MV Capital Management’s separately managed accounts held 54% registered funds (mutual funds, ETFs, BDCs), 38% exchange-traded equities, 7% cash and equivalents and 1% other. The 1% other category is described as: Due to Small Percentages and Rounding Error, All of Our Bond Types Are in (Xii) Other: (III) 0.10% (IV) 0.41% (V) 0.17% (VI) 0.35%.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns MV Capital Management?
MV Capital Management’s direct owner is Masood Vojdani (75% or more).
Source: Form ADV Part 1A, Schedules A and B, filed 31 March 2026
How does MV Capital Management get paid?
MV Capital Management 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 MV Capital Management?
MV Capital Management’s main office is at 3 Bethesda Metro Center, Suite 650, Bethesda, MD 20814-6336. Its phone number is 301-656-6545. Its website is mvfinancial.com.