Mjb Asset Management LLC

MJB Asset Management LLC, established in 1997 by Richard Bregman, offers investment advisory services to individuals, businesses, not-for-profit organizations, high net worth individuals, and institutional clients. The firm provides discretionary and non-discretionary investment management services, with a focus on evaluating client-specific investment goals and constructing tailored investment portfolios using mutual funds, ETFs, and individual securities. MJB also offers consultation services for qualified retirement plans and IRA rollover recommendations. The firm manages $104,610,038.00 of client assets on a discretionary basis and $442,710.00 on a non-discretionary basis as of December 31, 2022. For portfolio management services, MJB charges fees based on a percentage of assets under management, with standard rates of 1% per annum for assets up to $3,000,000. The firm does not charge performance-based fees. The minimum deposit to open an account for portfolio management services is $1,000,000, with the option to waive this requirement at the firm's discretion. MJB acts as a fiduciary and does not compensate third parties for client referrals. The firm does not have custody of client funds or securities, with accounts held at Charles Schwab & Co., Inc. MJB exercises discretionary authority for most clients and no longer accepts authority to vote client securities proxies for new client relationships. The firm has no disciplinary information or financial conditions that may impair its ability to meet client commitments.