Monotelo Wealth Partners

Monotelo Wealth Partners Inc. is a state-registered investment adviser that provides discretionary portfolio management and investment advisory services to a small client base that includes individuals, high-net-worth clients, trusts, estates, pension and profit-sharing plans, and charitable organizations. The firm reports managing about $41 million in discretionary assets for roughly 25 clients and generally requires a $500,000 minimum account balance, although it may waive this requirement in its discretion.

The firm primarily manages balanced, diversified portfolios with an emphasis on exchange-traded funds to achieve broad market exposure across domestic, developed international and occasional emerging markets, and may also use mutual funds, individual stocks, bonds and options where appropriate. Monotelo describes its methods of analysis as including fundamental, technical, cyclical and economic analysis, typically implements investment decisions on a discretionary basis, and seeks tax efficiency by generally holding positions longer in taxable accounts.

A noteworthy feature disclosed in the brochure is an affiliation with Monotelo Advisors, an accounting and tax practice operated by the principal; compensation for accounting services is paid directly to that affiliate and clients are under no obligation to use those services. Given its roughly $41 million in AUM spread over about 25 clients, the firm’s average account size is relatively large for a solo adviser, reflecting a practice that combines investment management with in-house tax/accounting capabilities as described in the Form ADV.