<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>                   9-MOS
<FISCAL-YEAR-END>                          DEC-31-1998
<PERIOD-START>                             JAN-01-1998
<PERIOD-END>                               SEP-30-1998
<CASH>                                            4881
<SECURITIES>                                         0
<RECEIVABLES>                                      127
<ALLOWANCES>                                         0
<INVENTORY>                                          0
<CURRENT-ASSETS>                                  5300
<PP&E>                                            1509
<DEPRECIATION>                                    1469
<TOTAL-ASSETS>                                    6686
<CURRENT-LIABILITIES>                              267
<BONDS>                                              0
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<COMMON>                                            62
<OTHER-SE>                                        6357
<TOTAL-LIABILITY-AND-EQUITY>                      6686
<SALES>                                           1004
<TOTAL-REVENUES>                                  1669
<CGS>                                                0
<TOTAL-COSTS>                                        0
<OTHER-EXPENSES>                                  1304
<LOSS-PROVISION>                                     0
<INTEREST-EXPENSE>                                   0
<INCOME-PRETAX>                                    365
<INCOME-TAX>                                       144
<INCOME-CONTINUING>                                221
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                       221
<EPS-PRIMARY>                                      .04
<EPS-DILUTED>                                      .04