James Richter is a CFP-designated registered investment advisor at Monotelo Wealth Partners, based in Elgin, IL, with 26 years of industry experience. James operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include High Net Worth, Investment Management, Retirement Planning. Their firm serves 25 clients with $40M in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Portfolio-Based Fees (Tiered)
| Portfolio Value | Annual Fee |
|---|---|
| Up to $1.0M | 1.25% |
| $1.0M - $5.0M | 1.00% |
| $5.0M - $10.0M | 0.80% |
| $10M+ | 0.60% |
Fees are negotiable based on factors such as account size, number of accounts, and pre-existing relationships.
Fee Estimator
Location
2250 Point Boulevard, Suite 210, Elgin, IL, 60123
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Regulatory History
No disclosures, customer disputes, or regulatory actions on file.
Disclosures include customer complaints, regulatory actions, and other events that advisors must report to the SEC. A clean record means none have been reported.
Learn about disclosures →Other Business Activities
James owns Monotelo Advisors, providing accounting, bookkeeping, tax preparation, tax consulting, and payroll services, dedicating full-time hours to this endeavor. He also owns and manages rental property under 21:5 Holdings, LLC, spending minimal time on this activity.
Employment History
Current Registrations
Monotelo Wealth Partners
Previous Registrations
Telos Asset Management Company
Telos Asset Management Company
H.D. Vest Advisory Services, INC
Hd Vest Investment ServicesBroker
Pt Asset Management, LLC
Performance Trust Capital Partners, LLCBroker
A. G. Edwards & Sons, INC.
A. G. Edwards & Sons, INC.Broker
Countrywide Securities CorporationBroker
Uvest Financial Services And/or Compass Capital
Uvest Financial Services Group, INC.Broker
Betzold Investment Group, INC.
Betzold Research and Trading, INC.Broker
State Registrations1 state
You can work with an advisor not registered in your state. Most advisors can legally serve a small number of clients across state lines without registering.
Exams
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