Monthie Wealth Advisors

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Client assets under management

$71,102,624

Clients

115

35% high-net worth

Advisors

of 2 employees

Firm type

Supported

1-3 advisors or $200M+ in AUM

Clients per advisor

Typical

Average account size

$618,284

About

Monthie Wealth Advisors provides discretionary portfolio management and financial planning services primarily to individual and high-net-worth clients. The firm develops individualized Investment Policy Statements, may use model allocations, and generally works with accounts subject to a $250,000 minimum that can be waived.

The firm combines fundamental, quantitative, and technical analysis and employs both long- and short-term trading to implement portfolios across mutual funds, equities, ETFs, fixed income, non-U.S. securities, annuities and private placements. It typically requires custody at Schwab Institutional, uses discretionary trading authority, and conducts regular monitoring with quarterly reporting.

What is distinctive is that certain principals maintain outside practices as attorneys, a licensed accountant, and an insurance producer, and the brochure discloses these affiliations and potential conflicts when related services are offered. As a small adviser managing roughly $71 million for about 115 clients, the firm’s combination of multi-disciplinary legal and accounting capabilities alongside traditional investment management is uncommon among peers.

Client services

Financial planning Portfolio management

Expertise

General retirement planning Annuities Wealth management

Occupation focus

Attorney Founder/Business Owner

Demographic focus

HENRY (High Earners, Not Rich Yet)

Fee options

Fixed

$350 to $10,000 per financial plan

Percentage

$250,000 - $3,000,000: 1.00% $3,000,001 - $4,999,000: 0.80% $5,000,000+: 0.60%

Project-based

$150 to $375 per hour

Other

Account minimum: $250,000

Main office location

Monthie Wealth Advisors

623 New Loudon Road

Latham NY 12110, United States

Number of offices

Most active in

New York

Disclosures

Business activities & affiliations

Is active or affiliated with:

Accountant / CPA / tax prep

They offer tax and accounting services, typically for separate fees.

Lawyer

They provide legal services, typically billed separately.

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.

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.

Forms ADV

Form ADV Part 2: Client Brochure Form ADV Part 3: Client Relationship

Quick links

518-786-3534

Advisors at this firm

Phillip M

Series 65, Series 66

Latham, NY

Monthie Wealth Advisors

Phillip Monthie is a financial advisor at Monthie Wealth Advisors with Series 65 and Series 66 licenses and three years of industry experience. He also practices as an attorney assisting clients with estate planning and holds a license as an insurance broker. Prior to his current role, he has worked in various legal and financial positions including at Monthie Law Firm and an independent family office. Monthie Wealth Advisors serves individual and high-net-worth clients with discretionary portfolio management and financial planning, using tailored investment policy statements and asset allocations. The firm employs a combination of fundamental, quantitative, and technical analysis across a range of securities and conducts regular account reviews.

General retirement planning Annuities Wealth management Attorney Founder/Business Owner HENRY (High Earners, Not Rich Yet)

Stephen M

CFP®

Latham, NY

Monthie Wealth Advisors

Stephen Monthie is a CFP® professional with three years of experience at Monthie Wealth Advisors. He is also an attorney at Monthie Law Firm, where he has practiced for over 30 years advising on legacy and estate planning as well as tax preparation. Monthie Wealth Advisors serves individual and high-net-worth clients with discretionary portfolio management and financial planning, customizing investment strategies based on client goals and risk tolerances. The firm employs a combination of fundamental, quantitative, and technical analysis and conducts regular account reviews, generally operating with discretionary trading authority and custody at Schwab Institutional.

General retirement planning Annuities Wealth management Attorney Founder/Business Owner HENRY (High Earners, Not Rich Yet)

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