Advisor at Monotelo Wealth Partners
Data sourced from SEC public records (and other sources when available). Some details may be added by the advisor after claiming their profile. Refreshed daily • Updated today.
Firm
Monotelo Wealth Partners
Location
Elgin, IL 60123
Credentials
CFP®, Series 66
Industry experience
25 years
James Richter is a CFP® professional with 25 years of industry experience, currently serving as the sole advisor at Monotelo Wealth Partners in Elgin, IL. He previously worked at Hd Vest Advisory Services and Hd Vest Investment Services before founding Monotelo Wealth Partners in 2017. In addition to his advisory role, he owns and operates Monotelo Advisors, an accounting and tax preparation practice. Monotelo Wealth Partners is an independent firm that provides discretionary portfolio management and investment advisory services to a select client base, including individuals, high-net-worth clients, trusts, and charitable organizations. The firm manages balanced, diversified portfolios with a focus on exchange-traded funds and employs multiple methods of analysis to implement tax-efficient investment strategies.
Based on Monotelo Wealth Partners
Fixed fees reported in SEC Part 1 but not specifically detailed in Part 2 brochure
$0 - $1,000,000: 1.25% $1,000,001 - $5,000,000: 1.00% $5,000,001 - $10,000,000: 0.80% $10,000,001+: 0.60%
Hourly charges reported in SEC Part 1 but not specifically detailed in Part 2 brochure
Account minimum: $500,000 minimum (may be waived or lowered at firm's discretion)
2250 Point Boulevard, Suite 210
Elgin, IL 60123
Illinois
Monotelo Wealth Partners
2017 - Present (9 years)
Hd Vest Advisory Services
2015 - 2017 (2 years)
Hd Vest Investment Services
2015 - 2017 (2 years)
Monotelo Advisors
2015 - Present (11 years)
Exclamation point means they have disclosures of this type. Check mark means no disclosures of this type were found.
Is active or affiliated with:
Accountant / CPA / tax prep
They offer tax and accounting services, typically for separate fees.
Is not active or affiliated with:
Insurance agent
They sell insurance products and may earn commissions on those sales.
Broker-dealer / trader
They provide brokerage services and may earn transaction-based compensation in addition to advisory fees.
Bank
They're affiliated with a bank that may offer its own financial products and services.
Trust company
They provide trust and estate administration services, typically for separate fees.
Fund sponsor
They manage or sponsor investment funds and may earn management or performance-based fees if clients invest in them.
Lawyer
They provide legal services, typically billed separately.
Real estate agent
They facilitate real estate transactions and may earn commissions.
Other specialized services
They may provide services such as pension consulting or municipal advisory work, typically for separate fees.
CFA®
Barrington, IL
Maple Street Capital Advisors, LLC
CFP®
Barrington, IL
Retirement Matters, Inc.
CFP®, Series 65
Barrington, IL
Balance Financial Services, Inc.
CFP®
Carol Stream, IL
Ascent Fintech LLC
Series 65
Hoffman Estates, IL
Castling Financial Planning, Ltd.
CFP®, Series 63
Lake Barrington, IL
Timothy J McDonald CPA CFP
Not sure where to start?
We'll help you think it through – whether you ultimately need an advisor or not.
Warmer provides personalized recommendations and introductions to independent fiduciary advisors. We do not supervise advisors, manage or hold assets, guarantee performance, or provide advice about specific investments.
Each advisor listed on our site is an independent fiduciary responsible for their own advice. Warmer may receive fees from advisors for participation or referrals; these fees are paid by advisors and do not affect the fees clients pay for advisory services.
For advisor listings, we rely on sources including public filings and data provided by advisors, and we cannot guarantee that all information is current or accurate. Please review an advisor's Form ADV and do your own diligence before entering into an advisory relationship.
By using our service, you agree to Warmer's Terms of Service and Advisory Agreement and Privacy Policy. Logos provided by Logo.dev
© 2026 Warmer Holdings Inc. ("Warmer")