MJB Financial Planning

MJB Financial Planning works with individuals and families, generally targeting clients with at least $1 million in billable assets, and provides integrated wealth management that combines financial planning with ongoing investment management. The firm also offers a limited-scope financial planning engagement intended as an introductory step toward a longer-term advisory relationship, and coordinates with other professionals for tax, insurance, and estate matters while not providing those services directly.

The firm operates as a fee-only fiduciary and typically implements long-term, Modern Portfolio Theory–based portfolios using low-cost no-load mutual funds and ETFs, with periodic rebalancing and attention to tax efficiency. It incorporates held-away accounts into clients’ overall planning using secure third‑party aggregation tools (without taking custody of those assets), accepts discretionary authority only for custodied accounts, and generally arranges for advisory fees to be billed and deducted through the custodian.

Compared with peers, MJB Financial Planning manages a relatively large amount of assets per client given its small client roster, and it explicitly includes the value of held-away accounts in the total asset base used to calculate advisory fees — a feature that affects how clients’ complete financial pictures are assessed and billed. The firm is also notable for its CFP and NAPFA affiliations, its practice of individualized trade execution rather than aggregating orders across clients, and offering a defined pathway from a limited-scope planning engagement to a comprehensive wealth management relationship.