Montag A & Associates Inc (Atlanta)

Name: Montag A & Associates Inc
Address: 133 Peachtree Street, Atlanta, GA, 30303
Telephone: 404-522-5774

Montag A & Associates Inc is a large advisory firm based in Atlanta. It manages $1.87 billion of regulatory assets for 1,272 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of Alabama, California, Florida, and 10 other states.

Montag A & Associates provides financial planning services, portfolio management for individuals and small businesses, and pension consulting services. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Montag A & Associates: assets under management

The assets under management (AUM) of Montag A & Associates Inc is $1.87 billion. The firm's AUM has grown by 236% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $1.66 billion in discretionary accounts and $213.22 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $1.45 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $1.69 million.

Montag A & Associates has custody of $362.48 million in cash and securities for 102 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in exchange traded securities the most. They account for 43% of the total AUM. The second-largest asset type is investment and business development companies, which make up 22% of the firm’s portfolio. Investments in cash and cash equivalents form 15% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Montag A & Associates Inc for their services and products based on a percentage of assets under management, hourly charges, and fixed fees. Hourly charges are usually charged for consulting work and special projects. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Montag A & Associates serves?

The firm provides services to individuals, charitable organizations, high net worth individuals, and corporations or other businesses. The largest group of clients of Montag A & Associates is high net worth individuals with 302 clients and $1.73 billion of assets under management. Among the 11 most similar advisory firms, Montag A & Associates has the 3rd highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $1.87 billion for 437 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.

Montag A & Associates doesn't advise any private funds.

Careers at Montag A & Associates Inc

The company employs 27 people that are either part- or full-time employees. 48 percent of the employees work as investment advisers or researchers. 13 employees are registered as investment adviser representatives with the state securities authorities.

There’s a single person 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.

Jeffrey R Harari joined the executive team most recently as the Chief Financial Officer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Ruth Eichold Montag	Secretary	1 Sep 1993	Other	4362228
Louis Anthony Montag	President & treasurer	1 Sep 1993	50% - 75%	4362222
Jackie Eichold Montag	Secretary	1 Sep 1993	Other	4362228
John Louis Montag	Associate/portfolio manager	1 Aug 1995	Other	4362230
Edward Anthony Montag	Chief operating officer	1 Jan 1999	Other	4362231
Louis Anthony Montag	Treasurer	1 Jan 2009	Other	4362222
Edward Anthony Montag	Chief executive officer/chief compliance officer	1 Jan 2009	25% - 50%	4362231
John Louis Montag	President & chief investment officer	1 Jan 2009	25% - 50%	4362230
Stacey Howell Godwin	Chief compliance officer	1 Mar 2016	Other	6631347
Jeffrey R Harari	Chief financial officer	1 Jan 2019	Other	7086887

Based in Atlanta

The principal office where Montag A & Associates Inc performs its advisory services is located at 133 Peachtree Street, Atlanta, GA 30303, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 404-522-5774 or by fax 404-525-3287. The normal business hours are 9 a.m - 5 p.m. on Monday - Friday. You can find more information about the New York firm at montagwealth.com.