Monotelo Wealth Partners is a registered investment advisor based in Elgin, Illinois, that manages investment portfolios for individuals, high-net-worth individuals, trusts, estates, and businesses. Monotelo Wealth Partners primarily focuses on building diversified, balanced portfolios using exchange-traded funds, mutual funds, individual stocks, and bonds. The firm operates on a legally required best-interest standard and holds the authority to make trades on behalf of clients without asking first. While Monotelo Wealth Partners focuses on investment management, the firm also maintains an affiliate, Monotelo Advisors, which offers separate accounting and tax services.
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.