Aull & Monroe Investment Management Corporation is a registered investment advisor based in Mobile, Alabama, founded in 1990. The firm specializes in creating and managing custom investment portfolios for individuals, high-net-worth clients, retirement plans, trusts, and estates. Aull & Monroe focuses on long-term investment strategies utilizing a balanced mix of high-quality stocks, investment-grade bonds, mutual funds, exchange-traded funds, and cash reserves, alongside master limited partnerships. While the firm does not hold itself out as a traditional financial planning practice, its services incorporate essential financial planning elements such as reviewing personal financial situations, retirement policies, risk management, and tax strategies. Aull & Monroe operates under a fiduciary standard of care, meaning they are legally required to act in your best interest. Portfolios are managed on a discretionary basis, giving the firm the authority to make trades without asking first, though clients can establish written investment restrictions. The firm also offers fiduciary management and consulting services for employer-sponsored retirement plans under federal retirement plan rules.
Fee Structure
Portfolio-Based Fees (Tiered)
| Portfolio Value | Annual Fee |
|---|---|
| Up to $1.0M | 1.00% |
| $1.0M - $5.0M | 0.80% |
| $5M+ | 1.00% |
Fees for amounts over $5 million are negotiable, not to exceed 1.00%. Fees may be reduced based on account composition or anticipated future contributions.