<ARTICLE> 5
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM JMC GROUP,
INC.'S FORM 10-K AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FORM
10-K.
</LEGEND>
<MULTIPLIER> 1,000
       
                             
<PERIOD-TYPE>                   12-MOS
<FISCAL-YEAR-END>                          DEC-31-1998
<PERIOD-START>                             JAN-01-1998
<PERIOD-END>                               DEC-31-1998
<CASH>                                           4,895
<SECURITIES>                                         0
<RECEIVABLES>                                       94
<ALLOWANCES>                                         0
<INVENTORY>                                          0
<CURRENT-ASSETS>                                 5,245
<PP&E>                                             541
<DEPRECIATION>                                     521
<TOTAL-ASSETS>                                   6,589
<CURRENT-LIABILITIES>                              162
<BONDS>                                              0
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<COMMON>                                            62
<OTHER-SE>                                       6,365
<TOTAL-LIABILITY-AND-EQUITY>                     6,589
<SALES>                                              0
<TOTAL-REVENUES>                                 2,023
<CGS>                                                0
<TOTAL-COSTS>                                        0
<OTHER-EXPENSES>                                 1,647
<LOSS-PROVISION>                                     0
<INTEREST-EXPENSE>                                   0
<INCOME-PRETAX>                                    376
<INCOME-TAX>                                       148
<INCOME-CONTINUING>                                228
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                       228
<EPS-PRIMARY>                                      .04
<EPS-DILUTED>                                      .04