MJFG offers a variety of advisory services, which include financial planning, consulting, and investment
management services. Prior to MJFG rendering any of the foregoing advisory services, clients are required
to enter into one or more written agreements with MJFG setting forth the relevant terms and conditions of
the advisory relationship (the “Advisory Agreement”).
MJFG filed for registration as an investment adviser in June 2018 and is owned by Glenn Mars, Scott
Jewett, Brian Mars and Elizabeth Sowle. As of December 31, 2023, MJFG had $643,113,832 in assets
under management, $641,298,405 of which was managed on a discretionary basis and $1,815,426 of which
was managed on a non-discretionary basis.
While this brochure generally describes the business of MJFG, certain sections also discuss the activities
of its Supervised Persons, which refer to the Firm’s officers, partners, directors (or other persons occupying
a similar status or performing similar functions), employees or other persons who provide investment advice
on MJFG’s behalf and are subject to the Firm’s supervision or control.
Financial Planning and Consulting Services
MJFG offers clients a broad range of financial planning and consulting services, which include any or all
of the following functions:
• Business Planning
• Trust and Estate Planning
• Insurance Planning
• Retirement Planning
• Risk Management
• Charitable Giving
• Education Planning
• Portfolio Design
In performing these services, MJFG is not required to verify any information received from the client or
from the client’s other professionals (e.g., attorneys, accountants, etc.,) and is expressly authorized to rely
on such information. MJFG recommends certain clients engage the Firm for additional related services
and/or other professionals to implement its recommendations. Clients are advised that a conflict of interest
exists for the Firm to recommend that clients engage MJFG or its affiliates to provide (or continue to
provide) additional services for compensation, including investment management services. Clients retain
absolute discretion over all decisions regarding implementation and are under no obligation to act upon any
of the recommendations made by MJFG under a financial planning or consulting engagement. Clients are
advised that it remains their responsibility to promptly notify the Firm of any change in their financial
situation or investment objectives for the purpose of reviewing, evaluating or revising MJFG’s
recommendations and/or services.
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Investment Management Services
MJFG manages client investment portfolios on a discretionary or non-discretionary basis. MJFG primarily
allocates client assets among various mutual funds and exchange-traded funds (“ETFs”) in accordance with
their stated investment objectives. Where appropriate, the Firm also provides advice about any type of
legacy position or other investment held in client portfolios, but clients should not assume that these assets
are being continuously
monitored or otherwise advised on by the Firm unless specifically agreed upon.
MJFG has been engaged by Mutual Securities Inc. (“Mutual”) to provide on-going advice with respect to
its clients’ legacy investments custodied with Mutual, typically variable annuities. For clients who have
provided their written consent to this arrangement, MJFG’s advice will include periodic reviews of the
investments, including whether to continue to hold them in consideration of the client’s investment needs
and objectives. Clients can engage MJFG to manage and/or advise on certain investment products that are
not maintained at their primary custodian, such as variable life insurance and annuity contracts and assets
held in employer sponsored retirement plans and qualified tuition plans (i.e., 529 plans). In these situations,
MJFG directs or recommends the allocation of client assets among the various investment options available
with the product. These assets are generally maintained at the underwriting insurance company or the
custodian designated by the product’s provider.
MJFG tailors its advisory services to meet the needs of its individual clients and seeks to ensure, on a
continuous basis, that client portfolios are managed in a manner consistent with those needs and objectives.
MJFG consults with clients on an initial and ongoing basis to assess their specific risk tolerance, time
horizon, liquidity constraints and other related factors relevant to the management of their portfolios.
Clients are advised to promptly notify MJFG if there are changes in their financial situation or if they wish
to place any limitations on the management of their portfolios. Clients can impose reasonable restrictions
or mandates on the management of their accounts if MJFG determines, in its sole discretion, the conditions
would not materially impact the performance of a management strategy or prove overly burdensome to the
Firm’s management efforts.
Retirement Plan Consulting Services
MJFG provides various consulting services to qualified employee benefit plans and their fiduciaries. This
suite of institutional services is designed to assist plan sponsors in structuring, managing and optimizing
their corporate retirement plans. Each engagement is individually negotiated and customized, and includes
any or all of the following services:
• Plan Design and Strategy
• Plan Review and Evaluation
• Executive Planning & Benefits
• Investment Selection
• Plan Fee and Cost Analysis
• Plan Committee Consultation
• Fiduciary and Compliance
• Participant Education
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As disclosed in the Advisory Agreement, certain of the foregoing services are provided by MJFG as a
fiduciary under the Employee Retirement Income Security Act of 1974, as amended (“ERISA”). In
accordance with ERISA Section 408(b)(2), each plan sponsor is provided with a written description of
MJFG’s fiduciary status, the specific services to be rendered and all direct and indirect compensation the
Firm reasonably expects under the engagement.