Primarily serving high-net-worth individuals and institutions, Moneta Group Investment Advisors specializes in providing family office and institutional advisory services.
Headquartered in St. Louis, this fee-only firm is also on SmartAsset's lists of the top financial advisors in St. Louis, top financial advisors in Missouri and top financial advisors in the U.S.
Moneta Group Investment Advisors Background
Moneta Group Investment Advisors has a long history. Founded in 1869, it is older than most firms in the U.S. The firm is a subsidiary of Moneta Group, LLC, a financial services holding company.
The team at Moneta Group has an abundance of advisory certifications. The most prominent are certified financial planners (CFPs) and certified public accountants (CPAs). Other credentials held by advisors at Moneta include chartered financial analyst (CFA), accredited wealth management advisor (AWMA), accredited investment fiduciary (AIF) and personal financial specialist (PFS).
Moneta Group Investment Client Types and Minimum Account Sizes
Moneta Group Investment Advisors primarily works with non-high-net-worth and high-net-worth individuals, as well as pension and profit-sharing plans, charitable organizations and corporations.
The services of Moneta Group Investment Advisors are available to all levels of investors, as the firm does not have a minimum investment requirement.
Services Offered by Moneta Group Investment Advisors
Moneta Group Investment Advisors offers a number of advisory services. The firm divides its offerings by client type, which in this case is individuals/families and institutions. Check out the full list of the firm’s offerings below:
- Family CFO
- Financial planning
- Financial management and independence
- Short-term and long-term money management
- Income tax planning
- Investment planning
- Discretionary and non-discretionary options
- Rebalances and portfolio reviews at least once a year
- Risk management and insurance analysis
- Estate planning
- Business succession planning for high-net-worth individuals
- Family office services
- Financial education
- Tax minimization
- Gift planning
- Bank loan negotiation
- Philanthropic planning
- Bill pay
- Family financial reporting
- Concierge services
- Institutions
- Retirement plan consulting and other services
- Plan participant enrollment
- Plan participant education
- Review of plan’s asset allocation models and investment goals
- Plan benefit consulting
- Concierge services
- Bill pay
- Bookkeeping
- Payroll
- Retirement plan consulting and other services
Moneta Group Investment Advisors Investing Philosophy
Investment policy statements are at the core of Moneta Group Investment Advisors’ advisory relationships. The firm’s investment policy statements detail each client’s risk tolerance, liquidity needs and time horizon, which then shape the firm’s plan for each client’s portfolio. The firm will also include both economic and tax considerations in its plan analysis to ensure that it is as holistic as possible.
Moneta Group typically uses fixed-income securities, equities and various alternative investments in client portfolios. Each investment type serves a specific role within a client portfolio. Generally, fixed income investments are used to lower the portfolio’s overall risk level while maintaining strong liquidity. Diversified equities are riskier, but they have the potential to produce higher returns. Lastly, alternative investments provide even more diversification throughout asset classes.
Fees Under Moneta Group Investment Advisors
Moneta Group Investment Advisors negotiates fees with each client, so it does not have a standard rate for each of its services. The firm states, though, that its rate for its family CFO and family office services typically ranges between 0.50% and 1.00%. In addition to asset-based fees, clients may also pay brokerage fees and other transaction costs.
According to Moneta, most clients pay fees through direct withdrawals from their accounts. However, clients do have the option to be billed separately.
What to Watch Out For
Moneta Group has no legal or regulatory disclosures present on its SEC-filed Form ADV.
Opening an Account With Moneta Group Investment Advisors
To contact the firm, go to its website and submit your phone number, email and a message. Alternately, you can call the office closest to you to make an appointment. The website provides each branch's phone number.
All information is accurate as of the writing of this article.
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