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Morton Potoff

Mjp Wealth Advisors
58 Years of Experience
Longboat Key, FL
2 DisclosuresSells Insurance
View SEC Summary
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Morton Potoff is a registered investment advisor at Mjp Wealth Advisors, based in Longboat Key, FL, with 58 years of industry experience. Morton operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Alternative Investments, Business Owners, Corporate Executives, Education Planning, and 6 more. Their firm serves 906 clients with $1.6B in assets under management.

Mjp Wealth Advisors
Compensation
Fee-Only (% of Portfolio)Fixed/Hourly
Firm Size
13 advisors
Number of Clients
906 clients
Average Client Portfolio
$1.7M average
Assets Under Management
$1.6B

Fee Structure

Minimum Investment:$500K
Investment management only (planning not offered)
Portfolio-Based Fees (Tiered)
Portfolio ValueAnnual Fee
Up to $750K1.35%
$750K - $1.3M1.15%
$1.3M - $2.0M0.95%
$2.0M - $3.0M0.80%
$3.0M - $4.5M0.75%
$4.5M+0.75%

Fees for accounts of $4.5 million and above are negotiable. Uses the previous tier rate for the highest bracket as a baseline.

Fee Estimator
Your Portfolio Value
$500K
$0$500K$1M$5M$20M
Estimated Annual Fee
—
View Full SEC Brochure

Location

Longboat Key, FL

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History

Regulatory History (2)
What are disclosures? Advisors must report customer complaints, regulatory actions, and certain legal or financial events to the SEC. Not all disclosures are serious—many are settled disputes or minor violations. Learn how to evaluate them.
Customer Dispute
June 2010
Award / Judgment
Regulatory
November 1989
Final
View Full SEC ReportHow to Read Disclosures
Other Business ActivitiesSells Insurance

Morton is involved in several businesses, including MJP Wealth Advisors, MB Insurance LLC, MJP Consulting LLC, and MJP Consulting of Florida LLC. He spends about a quarter of his time consulting and selling insurance products, including life, disability, and long-term care insurance, through MJP Consulting of Florida LLC.

Employment History
Current Registrations
Mjp Wealth Advisors
May 1983 - Present · 43 yrs 5 mos
Previous Registrations
Arete Wealth Management, LLCBroker
March 2018 - December 2018 · 9 mos
Royal Alliance Associates, INC.
September 1992 - May 2008 · 15 yrs 8 mos
Integrated Resources Equity CorporationBroker
November 1989 - December 1989 · 1 mo
Royal Alliance Associates, INC.Broker
November 1989 - April 2018 · 28 yrs 5 mos
Integrated Resources Equity CorporationBroker
January 1973 - November 1989 · 16 yrs 10 mos
Independent Financial Planners CorporationBroker
June 1968 - February 1973 · 4 yrs 8 mos
State Registrations2 states
CTFL
Advisor

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.

Exams
No exam information available for this advisor.
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