Monon Wealth Management

Retirement Planning Firm in Carmel, IN

Firm Info
Address: 99 E Carmel Dr Suite 160, Carmel, IN 46032, USA
Phone: (317) 993-3999

Firm Size
Assets Under Management: $257.9 million
# of Advisors: 6
# of Clients: 1,092
Client to Advisor Ratio: 182:1
Average Account Size: $236,133
# of Offices: 1

Services Offered
  • Financial Planning
  • Portfolio Management for Individuals & Small Businesses
  • Portfolio Management for Businesses or Institutional Clients
  • Pension Consulting Services
  • Selection of Others Advisors

Types of Clients
  • Individuals (Not High Net Worth)
  • Individuals High Net Worth

    *>=750k in Investable Assets or >=1.5m of Estimated Total Net Worth


Available Fee Structures
  • Percentage of Assets Under Management (AUM)
  • Fixed Fees (Other than subscription)

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Monon Wealth Management Overview

Monon Wealth Management is a fee-only registered investment advisory firm based in Carmel, IN. With a focus on investment advice only, their team of experienced advisors provide a range of services to individuals, small businesses and institutional clients. The firm has been in business since 2018 and has quickly established a reputation as a trusted partner in wealth management. Monon Wealth Management's key services include financial planning and portfolio management. They offer investment solutions tailored to the unique needs of each client, developing custom portfolios that align with their goals, risk tolerance and time horizon. This includes portfolio management for both individuals and small businesses, as well as businesses or institutional clients. In addition, the firm's team of experts provides pension consulting services to help clients navigate complex retirement planning decisions. As a fee-only firm, Monon Wealth Management is committed to providing transparent and unbiased guidance. They do not receive commission or incentives for recommending specific products or services, ensuring that their clients' best interests are always front and center. Lastly, Monon Wealth Management also provides guidance on the selection of other advisors, including attorneys, accountants and insurance professionals to ensure clients have access to a comprehensive suite of financial services.

MONON WEALTH MANAGEMENT serves an array of clients, ranging from individuals to high net worth individuals. Their diverse client base encompasses people of different ages, professions and concerns. They tailor their services accordingly to meet the clients' individual financial goals, risk tolerance and investment horizon. Whether one is looking for guidance regarding investment planning, retirement planning or wealth preservation, MONON WEALTH MANAGEMENT caters to every financial need of theirs. To opt for their services, the clients can choose between two fee structures, depending on the services provided. Firstly, they can go for a percentage of AUM (Assets Under Management), which refers to the charge levied by MONON WEALTH MANAGEMENT for the management of a client's investment portfolio. The fee is generally a percentage of the portfolio's current value, and fluctuates based on how much the portfolio is worth. Alternatively, clients can opt for fixed fees, which cover specific services provided by the firm, such as investment advice or financial planning. Fixed fees often occur in form of hourly rates or project rates, based on time and resources required to complete the service. Both fee structures are transparent, and there's no hidden charge applicable. It is left to clients to decide upon the fee structure that best suits their needs, budget and preference.

Typical Clients, Fee Structures & Investment Minimum

According to the note in Monon Wealth Management's Part 2 Brochure, the firm generally does not impose a minimum account size for establishing a relationship.

How This Office Can Help Carmel, IN Residents

Monon Wealth Management is a trusted financial advisory firm that caters to clients residing in Carmel, IN. It helps people achieve their financial goals by providing personalized solutions to their unique financial situations. The firm assists clients in a variety of areas such as investment planning, retirement planning, estate planning, tax planning, and risk management. As a resident of Carmel, IN, you may be facing financial challenges such as planning for retirement or saving for your children's college education. Monon Wealth Management can help you create a customized investment plan that will help you achieve your goals without exposing your assets to unnecessary risks. Additionally, they can provide you with tax-efficient strategies that will help minimize the amount of taxes you pay on your investments, which can significantly increase your overall returns. The firm can also assist you with estate planning and risk management strategies designed to protect your wealth and assets in the event of unforeseen circumstances. Overall, Monon Wealth Management is the ideal partner for anyone in Carmel, IN, looking to achieve long-term financial success.

To view the Minimum Investment and Fee Schedule for Monon Wealth Management, visit their Part 2 Brochure.

Services Offered by Monon Wealth Management

Core Advisor Services
Financial Planning

Financial planning services encompass the process of devising strategies for your future financial well-being, including preparing for events such as retirement, funding your child's college education, or planning for the transfer of assets.

Portfolio Management for Individuals & Small Businesses

Portfolio management entails the careful selection and strategic management of investment combinations tailored to meet the needs of individuals and small businesses.

Market Timing Services

Market timing services involve the endeavor to generate short-term profits from investments by capitalizing on opportunities to buy at low prices and sell at high prices.

Other Services
Selection of Other Advisors

The firm provides support in selecting and engaging other advisors who possess specialized expertise to complement your financial needs.

Publication of Periodicals or Newsletters

The firm engages in the dissemination of diverse financial educational materials through the publication of periodicals.

Educational Seminars & Workshops

The firm organizes and conducts seminars or workshops aimed at enlightening investors on various financial concepts.


Fee Structures

Financial advisory fees usually are based on the services provided. Fee types charged by Monon Wealth Management most likely consist of the following fee types: asset-based, hourly or fixed. Wrap fee programs, or the practice of bundling services for a single fee, are not offered by the firm.

Available
Percentage of Assets Under Management (AUM)
Fixed Fees (Other than subscription)
Unavailable
Hourly
Subscription (Newsletter or Periodical)
Commissions
Performance-based Fees
Other

Types of Clients

*The Securities & Exchange Commission defines someone as “high net worth” if they have $750,000 or more in investable assets or $1.5M of estimated total net worth.


This Office Location

Firm location 99 E Carmel Dr Suite 160, Carmel, IN 46032, USA
Phone (317) 993-3999
Opening Hours
  • Mon 8 AM–5 PM
  • Tue 8 AM–5 PM
  • Wed 8 AM–5 PM
  • Thu 8 AM–5 PM
  • Fri 8 AM–5 PM
  • Sat Closed
  • Sun Closed
Directions
Google My Business Reviews:
5 Stars  |  1 Reviews

Other Office Locations

This firm has no other locations.

State Registrations

Monon Wealth Management is registered to service clients in the following states:

  • Florida
  • Illinois
  • Indiana
  • Louisiana
  • Michigan
  • Nebraska
  • Ohio
  • Texas

Disciplinary History

Monon Wealth Management does not have any disclosures. Please visit it's Form ADV for more details.