Moneta Group Investment Advisors, LLC (Clayton)

Moneta Group Investment Advisors provides financial planning services, portfolio management for individuals and small businesses, portfolio management for pooled investment vehicles, portfolio management for businesses and institutional clients, pension consulting services, selection of other advisers, and educational seminars and workshops. It prepares financial plans for approximately 4,500 clients. On top of advisory services, the firm doesn't engage in other business activities.

Moneta Group Investment Advisors: assets under management

The assets under management (AUM) of Moneta Group Investment Advisors, LLC is $20.26 billion. The firm's AUM has grown by 405% since the beginning of its operation, and $27.13 million of the total AUM is attributable to clients outside of the United States.

The firm manages $9.22 billion in discretionary accounts and $11.04 billion in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $2.31 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $516.22 thousand.

Moneta Group Investment Advisors has custody of $7.82 billion in cash and securities for 2,604 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 state and local bonds, which make up 16% of the firm’s portfolio. Investments in exchange traded securities form 14% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Moneta Group Investment Advisors, LLC for their services and products based on a percentage of assets under management, hourly charges, and fixed fees. 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.

What kind of clients Peter Gregory Schick serves?

The firm provides services to individuals, charitable organizations, high net worth individuals, corporations or other businesses, pension and profit sharing plans, and state or municipal government entities. The largest group of clients of Peter Gregory Schick is high net worth individuals with 2,830 clients and $16.77 billion of assets under management. Among the 11 most similar advisory firms, Moneta Group Investment Advisors has the 2nd highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $20.26 billion for 4,660 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.

Moneta Group Investment Advisors doesn't advise any private funds.

Careers at Moneta Group Investment Advisors, LLC

The company employs 300 people that are either part- or full-time employees. 40 percent of the employees work as investment advisers or researchers. 120 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 compensates employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

Peter Gregory Schick has been acting as President since 1 Jan 2005. William Allen Hornbarger has served as the Chief Investment Officer since 1 Oct 2009. Michael Costabile joined the executive team most recently as the Chief Financial Officer.

Direct owners and executive officers

Indirect Owners

The SEC currently registers 31 indirect owners.

Based in Clayton

The principal office where Moneta Group Investment Advisors, LLC performs its advisory services is located at 100 South Brentwood, Suite 500, Clayton, MO 63105, 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 314-726-2300 or by fax 314-862-6139. The normal business hours are 8:00-5:00 on Monday - Friday. You can find more information about the New York firm at monetagroup.com and its LinkedIn profile.

Registered investment advisers similar to Moneta Group Investment Advisors, LLC

• Callan
• Morgan J P Fsb
• Jasper Ridge Partners
• Genesis Investment Management
• First Quadrant
• Lasalle Investment Management
• Manufactueres Securities Services
• Bb&T Securities
• Morgan Stanley Aip Gp
• Fmr Investment Management (Uk) Limited
• First Manhattan
• The Boston Company Asset Management
• Regions Bank
• Regions Financial Corporation
• Marshall Wace North America