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Mitchell Jacob Thompson

Advisor at MJT & Associates Financial Advisory Group, Inc. — Montevideo, MN Grove Ave

Updated today

Credentials

CFP®, Series 63

Experience

12 years

Location

Montevideo, MN 56265

About

Mitchell Thompson is a CFP® professional with 12 years of industry experience, currently serving as the sole advisor at MJT & Associates Financial Advisory Group, Inc. Prior to founding MJT & Associates in 2014, he worked at Cambridge Investment Research Advisors, Inc. from 2014 to 2018. In addition to his advisory role, he provides consulting focused on the financial aspects of divorce through CDFA Bridge Consulting Group LLC. MJT & Associates offers investment advisory and wealth management services to individuals, high-net-worth clients, trusts, and employer-sponsored retirement plans. The firm employs a primarily long-term investment approach incorporating Modern Portfolio Theory and technical analysis, managing diversified portfolios with ongoing monitoring and formal annual reviews.

Client services

Based on MJT & Associates Financial Advisory Group, Inc.

Financial planning Portfolio management Pension consulting Selection of other advisers

Expertise

Based on MJT & Associates Financial Advisory Group, Inc.

Retirement income strategy Roth conversion strategy Charitable giving & philanthropy Business ownership considerations Retirement withdrawal strategies

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Fee options

Fixed

Financial planning fixed fees: Discovery Meeting $500, Core Plan $2,400, Comprehensive Plan $3,500, Complex Plan $4,000

Percentage

$0 - $250,000: 1.40% $250,001 - $1,000,000: 1.00% $1,000,001 - $2,000,000: 0.85% $2,000,001 - $5,000,000: 0.70% $5,000,001 - $10,000,000: 0.40% $10,000,001+: 0.25%

Project-based

Up to $500 per hour for financial planning services

Other

Fee-only: Financial planning services offered hourly (up to $500/hour) or fixed fees ranging from $500 to $4,000 depending on plan type

Location

Montevideo, MN Grove Ave

1315 Grove Ave, Suite 5

Montevideo MN 56265

Advisors at this office

1

Most active in

Minnesota

Work history

12 years of industry experience

MJT & Associates

2014 - Present • 12 years

Montevideo, MN

Cambridge Investment Research Advisors, INC

2014 - 2018 • 4 years

Fairfield, IA

Disclosures

Exclamation point means they have disclosures of this type. Check mark means no disclosures of this type were found.

Business activities & affiliations

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Mark J

ChFC®, Series 63, Series 66

Granite Falls, MN

Thrivent Investment Management

Mark Jensen is a financial advisor at Thrivent Investment Management with 29 years of industry experience. He holds the ChFC® designation and securities licenses Series 63 and Series 66. Jensen has been with Thrivent Financial for Lutherans and Thrivent Investment Management since 2002. Outside of his advisory role, he serves as a board member for several local organizations including the Yellow Medicine East scholarship fund, Yellow Medicine Community Education, and Avera-Granite Falls Hospital and Manor, and assists clients with health insurance coverage through the MNsure exchange. Thrivent Investment Management provides Dedicated Planning Services to individuals, families, businesses, and nonprofits, offering holistic, goal-based financial planning that covers a wide range of topics but does not include implementation of recommendations. The firm emphasizes ongoing client engagement through planning and managed-account programs while maintaining separate service arrangements.

Business ownership considerations
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Aaron J

Series 66

Montevideo, MN

Cetera

Aaron Jaenisch is a financial advisor at Cetera with five years of industry experience. He holds a Series 66 designation and previously worked at Avantax Investment Services and Avantax Advisory Services. Outside of his advisory role, he contributes to his family farm by assisting with livestock, crop harvesting, and equipment maintenance. Cetera Investment Advisers LLC is an SEC-registered firm serving a diverse client base, including individuals, retirement plans, corporate and charitable clients, and institutional accounts. The firm offers a range of portfolio management and financial planning services through a nationwide network of advisors, utilizing both affiliated and third-party managers across multiple program structures.

Wealth management Tax-loss harvesting Retirement plans for business owners (SEP, solo 401k) Business exit / sale strategy Founder/Business Owner Executive

James B

Series 66

Montevideo, MN

Edward Jones

James Bulman is a financial advisor with Edward Jones in Montevideo, MN, holding a Series 66 designation and four years of industry experience. His prior roles include positions at Wells Fargo Clearing and Wells Fargo Bank, NA. Outside of his advisory work, he serves as Mayor of Montevideo and holds board memberships with the City of Montevideo Housing and Redevelopment Authority, the City of Montevideo Economic Development Authority, and CCM Health Hospital. Edward Jones is a full-service wealth management firm serving over four million individual and institutional clients. The firm offers a range of advisory strategies and related investment products, supported by a nationwide network of approximately 23,700 advisors and over 15,000 branch offices.

Retirement income strategy Charitable giving & philanthropy General estate planning guidance Inheritance planning Wealth management Retired Founder/Business Owner Executive
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Benjamin M

ChFC®, Series 66

Granite Falls, MN

Thrivent Investment Management

Benjamin Munsch is a ChFC® credentialed financial advisor with 20 years of industry experience, currently serving at Thrivent Investment Management. He has been with Thrivent Financial for Lutherans and Thrivent Investment Management since 2005. Outside of his advisory role, Munsch is involved in managing several LLCs related to property management and farm rental income. Thrivent Investment Management provides Dedicated Planning Services to individuals, families, businesses, and nonprofit clients, focusing on comprehensive, goal-based financial planning without discretionary portfolio management. The firm offers planning as both one-time and ongoing engagements, covering topics such as retirement, tax, estate, and special needs planning.

Business ownership considerations
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Harold G

Series 66

Granite Falls, MN

Thrivent Investment Management

Harold Goedgedrag is a Series 66-credentialed financial advisor with seven years of industry experience, currently working at Thrivent Investment Management. His prior experience includes eight years at ING Bank. Outside of his advisory role, he serves as Secretary for the Kiwanis Club of Granite Falls, where he takes meeting notes and communicates with members. Thrivent Investment Management provides Dedicated Planning Services to individuals, families, businesses, and nonprofits, focusing on comprehensive, goal-based financial planning without discretionary trading authority. The firm offers a range of planning topics and combines these services with managed-account options under a consolidated billing system called WealthPlan.

Business ownership considerations

Shelly B

Series 66

Montevideo, MN

Edward Jones

Shelly Bednar is a Series 66-registered financial advisor with Edward Jones, bringing a total of four years of industry experience, including prior tenure at Ameriprise. She serves on a local board of directors and is involved with LFP Consulting LLC in a non-investment-related capacity. Edward Jones is a full-service wealth management firm serving individual and institutional clients with over $1 trillion in assets under management and a large nationwide network of advisors and branch offices. The firm offers a range of advisory programs, including discretionary and non-discretionary strategies, separately managed accounts, and affiliated mutual funds, operating under a fiduciary standard.

Retirement plans for business owners (SEP, solo 401k) College savings (529s, UTMA, etc.) General estate planning guidance Retired Founder/Business Owner Executive
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