Mitchell J. Thompson
CFP®, CDFA®, ChSNC®, AEP®
MJT & Associates Financial Advisory Group, Inc.
President and Financial Advisor
Mitchell J. Thompson
CFP®, CDFA®, ChSNC®, AEP®
MJT & Associates Financial Advisory Group, Inc.
President and Financial Advisor
Our goal is to deliver financial planning and guidance throughout our client's lifetimes to help them accomplish their goals and aspirations while getting them through the transitions and hurdles they will experience. - Mitchell J. Thompson, CFP®, CDFA®, ChSNC®, AEP®
Fee-Only financial planner located in the Montevideo and Lake Minnetonka, MN serving clients locally and across the country
MJT & Associates Financial Advisory Group, Inc. is a Montevideo & Lake Minnetonka, MN-based fee-only, fiduciary wealth management firm that helps navigate clients through unpredictable financial waters. We provide comprehensive financial planning to help small businesses, individuals, couples, and families in transition organize, grow and protect their assets through life’s transitions. As a fee-only, fiduciary, and independent financial advisor, Mitchell Thompson is never paid a commission of any kind and has a legal obligation to provide unbiased and trustworthy financial advice.
Mitchell Thompson is President and fee-only financial planner at MJT & Associates Financial Advisory Group, Inc.
Navigating clients through transitions utilizing holistic financial planning explained in layman's terms – that's our goal for the clients we work with. Whatever the change is, from an expanding family, education funding, empty nester, divorce, retirement, death, inheritance, medical, or disability – we are here to help, assist, and guide our clients through their transitions utilizing the team and resources we have surrounding us. As your goals and values change, so does your plan. We make sure we update the financial part of your plan to meet the values of your plan. We want to ensure our clients have answers to their questions. Where am I relative to my goals? Do I need to make any changes? What should I be doing now? What if _______?
Attaining and maintaining a trusted relationship with your financial advisor is essential. I have been truly fortunate in my life through the experiences and opportunities I have learned from and continue to learn from. I have been married, divorced, remarried, navigating a blended family, have a son with Autism, dealt with the "family farm" conflict, and lost loved ones. These are not just read-about experiences but ones I have walked through like many of my clients.
I have a solid commitment to the community, local schools, and organizations where we work and live. My wife and I have set up a non-profit to help with the challenges of special needs programs and provide funding for activities and supplies to benefit the children and adults in these communities. I volunteer for the SFP Pro Bono planning alliance with the MS Society and the Autism Society of Minnesota. Outside of the office, you will find me spending time with my family and friends, enjoying the lake and outdoors, or quietly working on my next project.
Professionally, I hold and maintain Certified Financial Planner™ (CFP®), Certified Divorce Financial Analyst (CDFA®), Chartered Special Needs Consultant® (ChSNC®), and an Accredited Estate Planner® (AEP®) designations. I'm an active member of the Society of Financial Service Professionals (SFP), Institute for Divorce Financial Analysts (IDFA™), and Twin Cities Estate Planning Council. I am the president and member of the West Hennepin Chamber of Commerce. I maintain an active insurance license to service and support a legacy booking business while also providing analysis and complete evaluation of all types of insurance for our clients. Neither myself nor my firm actively solicit, sell or receive commissions on any new business.
Mitchell J. Thompson is a Member of the National Association of Personal Financial Advisors
The National Association of Personal Financial Advisors (NAPFA) is a leading professional association of Fee-Only financial advisors - highly trained professionals who are committed to working in the best interests of those they serve.
NAPFA members live by three important values:
- To be the beacon for independent, objective financial advice for individuals and families.
- To be the champion of financial services delivered in the public interest.
- To be the standard bearer for the emerging profession of financial planning.
MJT & Associates Financial Advisory Group, Inc. is a fee-only, fiduciary wealth management firm that helps navigate clients through unpredictable financial waters.
We specialize in small businesses, individuals, couples, and families in transition with expertise in divorce and special needs planning.
We take the time necessary and listen to our client's concerns to assist our clients in determining their financial goals and objectives. We establish and review a plan to pursue their individualized goals while continuously monitoring and adjusting to life changes. We want to ensure our client's medical needs and concerns are addressed along with future gifting aspirations.
We accomplish this through a plan that creates buckets of assets, establishing safeguards and documentation for protecting their loved ones, regularly examining asset allocation to help maximize their need from their investments, and securing the appropriate income for their retirement and goals.
Our clients tend to have a minimum investable asset portfolio of $150,000; we are honored to assist all who want help and financial advice.
Fee-Only, Fiduciary, Independent: Three Important Criteria to Consider When Choosing a Financial Advisor.
Specialties
- Comprehensive Holistic Planning
- Retirement Income Planning
- Tax Planning
- Investment & Wealth Management
- Divorce Planning
- Special Needs Planning
- Business Succession Planning
Ideal Clients
- Family and entrepreneurs who want to establish and accomplish their financial goals.
- Individuals in a life transition like a divorce who need to realign, refocus, and replan life's next chapters.
- Widows or Widowers who have significant changes that need to be reorganized while planning for the future.
- Special needs families need guidance, support, and resources to get them through the process and planning required for their unique family circumstances.
Working Together
- Complimentary Initial Consultation
- In-Office Meetings
- Virtual Meetings
- Client Collaboration
- Working Trusted Relationships
- Fee-Only
- Clearly Defined Fees
Professional Designations & Affiliations
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Mitchell Thompson is a NAPFA-Registered Financial AdvisorThe National Association of Personal Financial Advisors (NAPFA) is a leading professional association of Fee-Only financial advisors—highly trained professionals who are committed to working in the best interests of those they serve.
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Mitchell J. Thompson is a CERTIFIED FINANCIAL PLANNER™ Professional - Click for VerificationCFP® professionals are held to strict ethical standards to ensure financial planning recommendations are in your best interest. What’s more, a CFP® professional must acquire several years of experience related to delivering financial planning services to clients and pass the comprehensive CFP® Certification Exam before they can use the CFP® designation.
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Mitchell J. Thompson is a Certified Divorce Financial Analyst® (CDFA®)A CDFA® professional is a financial professional skilled at analyzing data and providing expertise on the financial issues of divorce. The role of the CDFA® professional is to assist the client and his or her attorney to understand how the decisions he or she makes today will impact the client’s financial future. A CDFA® can take on many roles in the divorce process: Financial Expertise and Strategy, Data Collection and Analysis, Expert Presenter and Litigation Support. In some cases, CDFA® professionals are called upon to act as expert witnesses in court or in mediation proceedings.
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Mitchell J. Thompson is a Chartered Special Needs Consultant® (ChSNC®)ChSNC® designees are equipped with the specialized skills needed to help parents and caregivers plan for the future with honesty, ethics and compassion. A ChSNC® can navigate the unique considerations, estate planning, special needs trusts, life insurance, tax deductions, healthcare issues, Medicaid complexities, and the emotional aspects of providing for a loved one with a disability.
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Mitchell J. Thompson is an Accredited Estate Planner® (AEP®)Professional estate planners can obtain an accreditation that acknowledges their experience and specialization in estate planning. Awarded by the National Association of Estate Planners & Councils to recognized estate planning professionals who meet special requirements of education, experience, knowledge, professional reputation, and character.
Contact Mitchell J. Thompson
Office Locations:
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4400 Shoreline Dr
Suite B
Lake Minnetonka, MN 55384 -
1505 E Hwy 7
Suite 200
Montevideo, MN 56265
