MJP Wealth Advisors

Overview

MJP Wealth Advisors was founded in 1981 and built a four-decade practice in Connecticut centered on a fiduciary, fee-only model. The firm publicly does not attribute its founding to a single named principal or disclose the specific wealth origin of an anchoring family. It operates as an independent registered investment advisor with offices in Farmington and Westport, defining itself by a family-office approach that reaches beyond transaction-level brokerage to integrated planning. The firm's investment posture combines customized portfolio construction with tax optimization, targeting individuals, high-net-worth families, and business entities. Its asset-class coverage spans equities, fixed income, and insurance-linked solutions, layered with estate and retirement-planning vehicles. MJP acts as a plan fiduciary for employer-sponsored retirement plans, a structural role that gives it asset-management and advisory authority across institutional and personal balance sheets. Cash management and lending solutions further round out a deployment model that serves both short-term liquidity needs and long-term capital accumulation. While no named portfolio companies or co-investors are publicly disclosed, the firm’s recognition in Barron’s Top 1500 Financial Advisors and Forbes Best-In-State Wealth Advisors lists through 2026 confirms a market-visible advisory book. Headcount and total client assets are undisclosed. The firm maintains its Farmington headquarters and a Westport satellite office, serving a geographic base concentrated in Connecticut and the broader Northeast. Adjacent activities are minimal in public view — no philanthropic foundation, club affiliation, or real-asset arm is identified in its materials. In 2026 it earned placement on both the USA TODAY Best Financial Advisory Firms list and the AdvisorHub 250 RIAs to Watch ranking (per firm website, 2026), signaling consistent peer-recognized growth rather than episodic transformational moves. MJP’s structural differentiator is its fiduciary RIA charter combined with a multi-generational advisory lifespan — the firm has navigated four decades of regulatory and market cycles without converting to a bank-owned or broker-dealer model. That tenure, paired with a service stack that layers investment management directly atop tax and estate planning, creates a bundled-family-office architecture inside a classic fee-only RIA wrapper — an arrangement that eliminates the product-shelf incentives common in commission-based wealth practices. MJP WEALTH ADVISORS was listed as registered with the SEC in the IAPD firm compilation observed on 2026-10-22. In Form ADV filed on 2026-06-11, it reported 21 employees; 3,057 advisory accounts; services including Financial planning, Pension consulting, Portfolio management for individuals and small businesses, Selection of other advisers; client categories including Charitable organizations, Corporations or other businesses, High net worth individuals, Individuals (other than high net worth individuals), Pension and profit sharing plans; compensation arrangements including A percentage of assets under management, Fixed fees, Hourly charges. These are dated adviser-reported facts, not independently verified by Altss. Registration does not constitute approval or endorsement. This historical filing does not establish current registration status or operations.