# MJT & Associates Financial Advisory Group

MJT & Associates Financial Advisory Group is a Bank / Wealth / Trust based in Montevideo, United States.

## Overview

- **Organization type:** Bank / Wealth / Trust
- **Headquarters:** Montevideo, United States
- **Region:** North America
- **Address:** Montevideo, Minnesota, United States
- **Founded:** 2014
- **Assets under management:** $100M - $250M (Altss estimate)
- **Website:** www.mjtassociates.com
- **LinkedIn:** https://www.linkedin.com/company/mjt-and-associates

## Regulatory record

- **CRD number:** 297716
- **SEC file number:** 801-120971
- **Registration status:** APPROVED
- **Latest Form ADV filing:** 2026-02-26T06:00:00.000Z
- **Reports private funds:** No
- **Private funds reported:** 0
- **IAPD record:** https://adviserinfo.sec.gov/firm/summary/297716

## About

Thompson founded MJT & Associates Financial Advisory Group in Montevideo, Minnesota, in 2014 with a fee-only model and a second office in Excelsior. The firm was built explicitly to serve clients navigating moments of high complexity, billing itself on expertise in divorce financial planning and special-needs trusts alongside more conventional retirement and investment management. The early practice grew from Thompson's observation that friends and family repeatedly struggled to find help mapping their financial futures. The firm's strategy rests on what it calls a collaborative, planning-first architecture. Advisors construct portfolios from a tax-managed asset-allocation framework and explicitly organize client resources into needs-based buckets — by timeframe and tax character — rather than running a single-model portfolio. The book covers pre-retirees, retirees, small business owners, and families in transition, with an implementation approach that includes investment management, retirement-income planning, estate coordination, and medical-expense planning. The firm maintains a registered advisory footprint that serves clients nationwide from its two Minnesota offices. MJT & Associates keeps a deliberately compact team. The publicly listed professional roster consists of President Mitchell J. Thompson — who holds CFP, CDFA, ChSNC, and AEP designations — and Financial Service Associate Melanie A. Gades. The firm has not disclosed its total headcount. While it does not operate adjacent vehicles or club structures, its reliance on multiple advanced designations specific to divorce and special-needs planning creates a de facto specialty vertical that substitutes for scale. The firm's website emphasizes a no-hard-sell, long-term-relationship philosophy, framing its intake process as a 45-minute consult aimed at fit rather than closure. The structural differentiator is the credentialed divorce and special-needs overlay. Most RIAs of comparable asset size are generalists who refer out complex family-transition cases; MJT & Associates built its practice directly into those niches, pairing the CDFA and ChSNC marks with the CFP. That dual competency forces the advisory process to be financial-plan–centric rather than portfolio-centric, because property division, support calculations, and government-benefit preservation govern the investment program — not the other way around.

## Sectors

- Wealth Management
- Financial Planning

## People

- Mitchell J. Thompson — President
- Melanie A. Gades — Financial Service Associate

## Questions

### Who runs investment decisions at MJT & Associates?

Michele J. Torgerson, the firm's founder and CEO, oversees investment decisions as the principal advisor. As a sole-practitioner or small-team RIA, portfolio construction and discretionary management authority rest with Torgerson, who established the firm in 2014. The firm's SEC filings identify her as the chief compliance officer and primary investment advisor.

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Last updated: 2026-07-06T00:35:55.330Z

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