Monticello Wealth Management, LLC (San Antonio)

Name: Monticello Wealth Management, LLC
Address: 1777 Ne Interstate 410 Loop, San Antonio, TX, 78217
Telephone: 210-736-7717

Monticello Wealth Management, LLC is a large advisory firm based in San Antonio. It manages $476.84 million of regulatory assets for 344 client accounts. It has been registered with the SEC as an adviser since 2015 and has operated in the jurisdiction of Texas.

Monticello Wealth Management provides financial planning services, portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, pension consulting services, and selection of other advisers. It prepares financial plans for less than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.

Monticello Wealth Management: assets under management

The assets under management (AUM) of Monticello Wealth Management, LLC is $476.84 million. The firm's AUM has grown by 67% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

Investments

The firm invests in investment and business development companies the most. They account for 77% of the total AUM. The second-largest asset type is exchange traded securities, which make up 15% of the firm’s portfolio. Investments in state and local bonds form 6% of the total invested assets.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Monticello Wealth Management, LLC for their services and products based on a percentage of assets under management. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Andrew Jackson Lewis serves?

The firm provides services to individuals, charitable organizations, and high net worth individuals. The largest group of clients of Andrew Jackson Lewis is high net worth individuals with 102 clients and $241.9 million of assets under management. Among the 8 most similar advisory firms, Monticello Wealth Management has the 4th lowest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $476.84 million for 344 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. None of the firm’s clients are foreign persons or businesses.

Monticello Wealth Management doesn't advise any private funds.

Careers at Monticello Wealth Management, LLC

The company employs 4 people that are either part- or full-time employees. 100 percent of the employees work as investment advisers or researchers. 4 employees are registered as investment adviser representatives with the state securities authorities.

There isn’t anyone with the role of looking for and bringing in new clients on behalf of the firm. The firm doesn’t compensate employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

Andrew Jackson Lewis has been acting as President since 1 Jul 2015. Todd Lee Brockwell joined the executive team most recently as the President And Chief Compliance Officer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Michael Richard Mcclain	Chief compliance officer and member	1 Jul 2015	Other	1157825
Jefferson Bank	Owner	1 Jul 2015	75% - 100%	74-1034487
Andrew Jackson Lewis	Director	1 Jul 2015	Other	6535427
Paul Everette Mcsween	Director	1 Jul 2015	Other	6535430
Todd Lee Brockwell	President and chief compliance officer	1 Sep 2016	Other	6711710

Based in San Antonio

The principal office where Monticello Wealth Management, LLC performs its advisory services is located at 1777 Ne Interstate 410 Loop, San Antonio, TX 78217 The mailing address of the firm is P.O Box 5190, San Antonio, TX 78201. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 210-736-7717 or by fax 210-736-7857. The normal business hours are 8:00 am - 5:00 pm on Monday - Friday. You can find more information about the New York firm at monticellowealth.com.