Moneco Advisors, LLC (Fairfield)

Name: Moneco Advisors, LLC
Address: 2150 Post Rd, Fairfield, CT, 06824
Telephone: 203-319-3550

Moneco Advisors, LLC is a large advisory firm based in Fairfield. It manages $338.8 million of regulatory assets for 1,561 client accounts. It has been registered with the SEC as an adviser since 2014 and has operated in the jurisdictions of Arizona, California, Connecticut, and 14 other states.

Moneco Advisors provides financial planning services, portfolio management for individuals and small businesses, pension consulting services, and selection of other advisers. It prepares financial plans for less than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.

Moneco Advisors: assets under management

The assets under management (AUM) of Moneco Advisors, LLC is $338.8 million. The firm's AUM has grown by 124% since the beginning of its operation, and $800 thousand of the total AUM is attributable to clients outside of the United States.

The firm manages $331.8 million in discretionary accounts and $7 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $213.1 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $1.75 million.

Moneco Advisors has custody of $9 million in cash and securities for 9 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in investment and business development companies the most. They account for 50% of the total AUM. The second-largest asset type is exchange traded securities, which make up 36% of the firm’s portfolio. Investments in cash and cash equivalents form 9% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Moneco Advisors, LLC 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 Moneco Advisors serves?

The firm provides services to individuals and high net worth individuals. The largest group of clients of Moneco Advisors is individuals with 1,435 clients and $169.89 million of assets under management. Among the 9 most similar advisory firms, Moneco Advisors has the highest percentage of individuals out of all clients.

The amount of regulatory assets under management is $337.84 million for 1,557 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.

Moneco Advisors doesn't advise any private funds.

Careers at Moneco Advisors, LLC

The company employs 21 people that are either part- or full-time employees. 81 percent of the employees work as investment advisers or researchers. 15 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.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Christopher Jon Neubert	Managing member / chief compliance officer	1 Aug 2013	25% - 50%	834944
David James Lincoln	Managing member	1 Aug 2013	25% - 50%	706040
John Maxwell Rosenau	Managing member	1 Aug 2013	25% - 50%	1346021

Based in Fairfield

The principal office where Moneco Advisors, LLC performs its advisory services is located at 2150 Post Rd, Fairfield, CT 06824, which is also the mailing address of the firm. An additional office of the firm is in Avon, CT. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 203-319-3550 or by fax 203-319-3554. The normal business hours are 9:00 a.m. - 5:00 p.m. on Monday - Friday. You can find more information about the New York firm at monecoadvisors.com and its LinkedIn profile.