<ARTICLE> 5
<LEGEND>
This schedule contains summary financial information extracted from JMC Group,
Inc.'s Form 10-Q and is qualified in its entirety by reference to such 10-Q
filing.
</LEGEND>
<CIK> 0000746425
<NAME> JMC GROUP, INC.
<MULTIPLIER> 1000
       
                             
<PERIOD-TYPE>                   3-MOS
<FISCAL-YEAR-END>                          DEC-31-1998
<PERIOD-START>                             JAN-01-1998
<PERIOD-END>                               MAR-31-1998
<CASH>                                            5803
<SECURITIES>                                         0
<RECEIVABLES>                                      125
<ALLOWANCES>                                         0
<INVENTORY>                                          0
<CURRENT-ASSETS>                                  6375
<PP&E>                                            1498
<DEPRECIATION>                                    1437
<TOTAL-ASSETS>                                    6829
<CURRENT-LIABILITIES>                              582
<BONDS>                                              0
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<PREFERRED>                                          0
<COMMON>                                            61
<OTHER-SE>                                        6186
<TOTAL-LIABILITY-AND-EQUITY>                      6829
<SALES>                                              0
<TOTAL-REVENUES>                                   780
<CGS>                                                0
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<OTHER-EXPENSES>                                   627
<LOSS-PROVISION>                                     0
<INTEREST-EXPENSE>                                   0
<INCOME-PRETAX>                                    153
<INCOME-TAX>                                        60
<INCOME-CONTINUING>                                 93
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                      0
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<NET-INCOME>                                        93
<EPS-PRIMARY>                                     0.02
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