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Moneta Group Investment Advisors Review

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This review was produced by SmartAsset based on publicly available information. The named firm and its financial professionals have not reviewed, approved, or endorsed this review and are not responsible for its accuracy. Review content is produced by SmartAsset independently of any business relationships that might exist between SmartAsset and the named firm and its financial professionals, and firms and financial professionals having business relationships with SmartAsset receive no special treatment or consideration in SmartAsset’s reviews. This page contains links to SmartAsset’s financial advisor matching tool, which may or may not match you with the firm mentioned in this review or its financial professionals.

Primarily serving high-net-worth individuals and institutions, Moneta Group Investment Advisors specializes in providing family office and institutional advisory services. The firm is headquartered in St. Louis, Missouri, and has branches in Clayton, Missouri, and Denver. Moneta is also on SmartAsset's lists of the top financial advisors in St. Louis, top financial advisors in Missouri and top financial advisors in the U.S.

Moneta Group Investment Advisors Background

Moneta Group Investment Advisors has a long history in the St. Louis area. The firm opened its doors in 1933 in response to the Great Depression. Today, chairman Eric Kittner, president and COO Keith Bowles, CCO Claire Gorman and General Counsel Corey Then run Moneta. The firm is a subsidiary of Moneta Group, LLC, a financial services holding company.

The team at Moneta Group has an abundance of advisory certifications. Although the team boasts hundreds of designations, the most prominent are certified financial planners (CFPs) and certified public accountants (CPAs). Other credentials held by advisors at Moneta include chartered financial analyst (CFA), accredited wealth management advisor (AWMA), accredited investment fiduciary (AIF) and personal financial specialist (PFS).

Moneta Group Investment Client Types and Minimum Account Sizes

Moneta Group Investment Advisors primarily works with individuals, high-net-worth individuals and their families, trusts and estates. Also, institutional investors are a major focus of the firm. This part of Moneta Group’s client base includes pension plans, profit-sharing plans, charitable organizations, businesses and banks.

The services of Moneta Group Investment Advisors are available to all levels of investors, as the firm does not have a minimum investment requirement.

Services Offered by Moneta Group Investment Advisors

Moneta Group Investment Advisors offers a number of advisory services. The firm divides its offerings by client type, which in this case is individuals/families and institutions. Check out the full list of the firm’s offerings below:

  • Family CFO
    • Financial planning
    • Financial management and independence
    • Short-term and long-term money management
    • Income tax planning
    • Investment planning
      • Discretionary and non-discretionary options
      • Rebalances and portfolio reviews at least once a year
    • Risk management and insurance analysis
    • Estate planning
    • Business succession planning for high-net-worth individuals
  • Family office services
    • Financial education
    • Tax minimization
    • Gift planning
    • Bank loan negotiation
    • Philanthropic planning
    • Bill pay
    • Family financial reporting
    • Concierge services
  • Institutions
    • Retirement plan consulting and other services
      • Plan participant enrollment
      • Plan participant education
      • Review of plan’s asset allocation models and investment goals
      • Plan benefit consulting
    • Concierge services
      • Bill pay
      • Bookkeeping 
      • Payroll

Moneta Group Investment Advisors Investing Philosophy

Investment policy statements are at the core of Moneta Group Investment Advisors’ advisory relationships. The firm’s investment policy statements detail each client’s risk tolerance, liquidity needs and time horizon, which then shape the firm’s plan for each client’s portfolio. The firm will also include both economic and tax considerations in its plan analysis to ensure that it is as holistic as possible.

Moneta Group typically uses fixed-income securities, equities and various alternative investments in client portfolios. Each investment type serves a specific role within a client portfolio. Generally, fixed income investments are used to lower the portfolio’s overall risk level while maintaining strong liquidity. Diversified equities are riskier, but they have the potential to produce higher returns. Lastly, alternative investments provide even more diversification throughout asset classes.

Fees Under Moneta Group Investment Advisors

Moneta Group Investment Advisors negotiates fees with each client, so it does not have a standard rate for each of its services. The firm states, though, that its rate for its family CFO and family office services typically ranges between 0.50% and 1.00%. The firm charges a slightly lower rate for institutional services, as rates usually fall between 0.15% and 0.75%. In addition to asset-based fees, clients may also pay brokerage fees and other transaction costs.

According to Moneta, most clients pay fees through direct withdrawals from their accounts. However, clients do have the option to be billed separately.

What to Watch Out For

Moneta Group has no legal or regulatory disclosures present on its SEC-filed Form ADV.

Opening an Account With Moneta Group Investment Advisors

To contact the firm, go to its website and submit your phone number, email and a message. Alternately, you can call the office closest to you to make an appointment. The website provides each branch's phone number.

All information is accurate as of the writing of this article.

Tips to Get Your Finances Under Control

How Long $1 Million Lasts in Retirement

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Rank City Housing Expenses Food Expenses Healthcare Expenses Utilities Expenses Transportation Expenses

Methodology We weighed potential expenditures for a prospective retiree with a  $1 million nest egg to assess how many years that fund would cover in retirement in America’s largest cities.

We applied cost of living data from the Council for Community and Economic Research to adjust those national average spending levels based on the costs of each expense category (housing, food, healthcare, utilities, transportation and other) in each city. Using this data, SmartAsset calculated the average cost of living for retirees in metro areas across the U.S.

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