Monetary Management Group Inc is a large advisory firm based in St Louis. It manages $378.56 million of regulatory assets for 303 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of Illinois, Michigan, Missouri, and Texas.
Monetary Management Group provides portfolio management for individuals and small businesses and portfolio management for businesses and institutional clients. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Monetary Management Group Inc is $378.56 million. The firm's AUM has grown by 304% since the beginning of its operation, and $19 million of the total AUM is attributable to clients outside of the United States.
The advisory firm has a single stream of revenue. Clients pay Monetary Management Group Inc for their services and products based on a percentage of assets under management. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.
The firm provides services to individuals, charitable organizations, high net worth individuals, and pension and profit sharing plans. The largest group of clients of Thomas George Wright is high net worth individuals with 101 clients and $191.3 million of assets under management. Among the 6 most similar advisory firms, Monetary Management Group has the 2nd highest percentage of high net worth individuals out of all clients.
The amount of regulatory assets under management is $378.56 million for 145 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 1% of the firm’s clients are foreign persons or businesses.
Monetary Management Group doesn't advise any private funds.
The company employs 6 people that are either part- or full-time employees. 100 percent of the employees work as investment advisers or researchers. 6 employees are registered as investment adviser representatives with the state securities authorities.
There isn’t anyone 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.
Thomas George Wright has been acting as President since 1 Feb 1983. Lisa Wright Brunts joined the executive team most recently as the Shareholder.
The principal office where Monetary Management Group Inc performs its advisory services is located at 13537 Barrett Parkway Drive, St Louis, MO 63021, 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 314-909-0646 or by fax 314-909-0962. The normal business hours are 8:00am to 5:00pm on Monday - Friday.