Monarch Capital Management Inc (Fort Wayne)

Name: Monarch Capital Management Inc
Address: 127 W Berry Street, Fort Wayne, IN, 46802
Telephone: 260-422-2765

Monarch Capital Management Inc is a large advisory firm based in Fort Wayne. It manages $321.37 million of regulatory assets for 241 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of California, Florida, Indiana, and Texas.

Monarch Capital Management provides financial planning services, portfolio management for individuals and small businesses, and portfolio management for businesses and institutional clients. It prepares financial plans for less than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.

Monarch Capital Management: assets under management

The assets under management (AUM) of Monarch Capital Management Inc is $321.37 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 54% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $321.37 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $1.33 million each.

Monarch Capital Management has custody of $59.29 million in cash and securities for 49 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in exchange traded securities the most. They account for 80% of the total AUM. The second-largest asset type is state and local bonds, which make up 15% of the firm’s portfolio. Investments in cash and cash equivalents form 3% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Monarch Capital Management Inc for their services and products based on a percentage of assets under management 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 Katherine Kover Moenter serves?

The firm provides services to individuals, charitable organizations, and high net worth individuals. The largest group of clients of Katherine Kover Moenter is high net worth individuals with 113 clients and $185.66 million of assets under management. Among the 9 most similar advisory firms, Monarch Capital Management has the 4th highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $294.13 million for 236 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.

Monarch Capital Management doesn't advise any private funds.

Careers at Monarch Capital Management Inc

The company employs 8 people that are either part- or full-time employees. 50 percent of the employees work as investment advisers or researchers. 4 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.

Monarch Capital Management Inc is owned by Katherine Kover Meyer. Katherine Kover Moenter has been acting as President since 1 Sep 2007. Teresa Joann Tracey joined the executive team most recently as the Vice President And Secretary Treasurer And Chief Compliance Officer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
David Michael Meyer	Chief executive officer, senior investment officer	1 Aug 1994	Other	2519448
David Meyer	Chief executive officer	1 Aug 1994	50% - 75%	2519448
Margaret Candor	Vice president and treasurer	1 Aug 1994	Other	2519449
Nancy Lee Harsch	Vice president and secretary	1 Aug 1994	Other	4351320
Margaret Harden Candor	Vice president, treasurer and chief compliance officer	1 Aug 1994	Other	2519449
George Robert Donner	Director, investment officer	1 Jun 1998	Other	3109401
John David Meyer	President, chief investment officer, senior analyst	1 Feb 2000	25% - 50%	2164267
Katherine Kover Moenter	Director	1 Sep 2007	25% - 50%	5479325
Katherine Kover Meyer	Owner	1 Sep 2007	Other	5479325
Teresa Joann Tracey	Vice president and secretary-treasurer and chief compliance officer	1 Jan 2016	Other	6607787

Based in Fort Wayne

The principal office where Monarch Capital Management Inc performs its advisory services is located at 127 W Berry Street, Fort Wayne, IN 46802, 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 260-422-2765 or by fax 260-424-2952. The normal business hours are 8:00 a.m. - 5:00 p.m. on Monday - Friday. You can find more information about the New York firm at monarchcapitalmgmt.com.