Theodore Kaplan is a registered investment advisor at Mjp Wealth Advisors, based in Farmington, CT, with 42 years of industry experience. Theodore operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Financial Planning & Coaching, Investment Management, Retirement Planning. Their firm serves 906 clients with $1.6B in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Portfolio-Based Fees (Tiered)
| Portfolio Value | Annual Fee |
|---|---|
| Up to $750K | 1.35% |
| $750K - $1.2M | 1.15% |
| $1.3M - $2.0M | 0.95% |
| $2.0M - $3.0M | 0.80% |
| $3.0M - $4.5M | 0.75% |
| $4.5M+ | 0.75% |
Fees negotiable for accounts over $4.5 million. A flat fee not to exceed 1.00% is charged for the management of any 401(k) self-directed brokerage and/or outside brokerage assets. If MJP is the advisor for a 401(k) plan with plan assets equal to $2 million or above, the plan participant’s households are entitled to a flat fee of 1.00% for management of personal assets that meet all account minimums.
Fee Estimator
Location
74 Batterson Park Rd, Suite 103, Farmington, CT, 06032
Get directionsHistory
Regulatory History
No disclosures, customer disputes, or regulatory actions on file.
Disclosures include customer complaints, regulatory actions, and other events that advisors must report to the SEC. A clean record means none have been reported.
Learn about disclosures →Other Business ActivitiesSells Insurance
Theodore owns Kaplan Insurance Group LLC, focusing on insurance sales, dedicating about half of his time. He also works as an investment advisor for MJP Associates, Inc. and as an agent for Kaplan Insurance Group LLC with Wentworth De-Angelis Inc., spending about 10% of his time on each.
Employment History
Current Registrations
Mjp Wealth Advisors
Previous Registrations
Arete Wealth Management, LLCBroker
Royal Alliance Associates, INC.
Royal Alliance Associates, INC.Broker
Underwriters Equity CorporationBroker
Tnk Associates, INC.Broker
Integrated Resources Equity CorporationBroker
Royal Alliance Associates, INC.Broker
Integrated Resources Equity CorporationBroker
State Registrations1 state
You can work with an advisor not registered in your state. Most advisors can legally serve a small number of clients across state lines without registering.