Monograph Wealth Advisors, LLC (El Segundo)

Name: Monograph Wealth Advisors, LLC
Address: 830 South Sepulveda Blvd, Suite 202, El Segundo, CA, 90245
Telephone: 310-496-7377

Monograph Wealth Advisors, LLC is a large advisory firm based in El Segundo. It manages $1.2 billion of regulatory assets for 538 client accounts. It has been registered with the SEC as an adviser since 2014 and has operated in the jurisdictions of California, New York, and Oregon.

Monograph Wealth Advisors provides financial planning services, portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, pension consulting services, and selection of other advisers. It prepares financial plans for more than 100 clients. On top of advisory services, the firm doesn't engage in other business activities.

Monograph Wealth Advisors: assets under management

The assets under management (AUM) of Monograph Wealth Advisors, LLC is $1.2 billion. The firm's AUM has grown by 1080% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $1.14 billion in discretionary accounts and $59.61 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $2.22 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $2.29 million.

Monograph Wealth Advisors has custody of $408.68 million in cash and securities for 57 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 85% of the total AUM. The second-largest asset type is exchange traded securities, which make up 7% of the firm’s portfolio. Investments in state and local bonds form 4% of the total invested assets.

Fees & Commissions

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

The firm provides services to individuals and high net worth individuals. The largest group of clients of Monograph Wealth Advisors is high net worth individuals with 62 clients and $1.17 billion of assets under management. Among the 8 most similar advisory firms, Monograph Wealth Advisors has the highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $1.19 billion for 109 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.

Monograph Wealth Advisors doesn't advise any private funds.

Careers at Monograph Wealth Advisors, LLC

The company employs 8 people that are either part- or full-time employees. 88 percent of the employees work as investment advisers or researchers. 3 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.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Jeffery Lee Coyle	Managing member, chief compliance officer	1 Nov 2014	75% - 100%	1635832
Jeffery Lee Coyle	Managing member, chief investment officer	1 Mar 2015	75% - 100%	1635832
Alexander Joseph Yaftali	Chief compliance officer	1 Mar 2015	Other	4776126
Joseph Haywood Chrisman	Managing member, chief executive officer	1 Jul 2015	25% - 50%	4668725
Sean Michael Shannon	Managing member, chief operating officer	1 Jul 2015	25% - 50%	5270198
Coyle Family Trust	Member	1 Dec 2015	25% - 50%	xxx-xx-xxxx
Shannon Family Inc.	Member	1 Jul 2018	25% - 50%	82-5148571
Inc. Jolt C	Member	1 Jul 2018	25% - 50%	82-5442453

Indirect Owners

The SEC currently registers 2 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Chrisman Family Trust	Member	1 Jul 2018	75% - 100%	xxx-xx-xxxx
Shannon Family Trust	Member	1 Jul 2018	75% - 100%	xxx-xx-xxxx

Based in El Segundo

The principal office where Monograph Wealth Advisors, LLC performs its advisory services is located at 830 South Sepulveda Blvd, Suite 202, El Segundo, CA 90245, 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 310-496-7377 or by fax 888-400-2930. The normal business hours are 8:00a - 4:00p on Monday - Friday. You can find more information about the New York firm at monographwealth.com.