Monocacy Wealth Management, LLC

RIASEC RegisteredEst. 2021

Total AUM

$43.5M

Discretionary

$41.1M

95% of AUM

Avg account

$208K

Accounts

209

Employees

Advisory reps

Firm details

Headquarters: Frederick, Maryland
CRD number: 315979
Registered since: August 16, 2021
Website: monocacywm.com
Custodians: CHARLES SCHWAB & CO., INC.
Fee structure: Percentage of AUM, Hourly Charges, Fixed Fees
Client types: HNWI65.62%
Pension & Profit Sharing Plans20.13%
Individuals13.3%
Corporations / Businesses0.95%
Services: Financial PlanningPortfolio Management for IndividualsPension ConsultingSelection of Other Advisers

Firm profile

FINTRX

Overview

Monocacy Wealth Management, LLC is an independent registered investment adviser organized as an LLC and registered with the SEC in 2021. The firm positions itself as a capital allocator for both individual/family and institutional clients, offering financial planning, portfolio management for individuals and small businesses, pension consulting and manager selection. Its billing mixes percentage-of-AUM fees with hourly and fixed-fee arrangements. The adviser does not describe itself as an active ESG investor and is identified as a newly formed, single-state operation in the source data. Industry relationships include accountants, an insurance company and a real estate broker, which suggests access to tax, insurance and real estate referral channels or partnerships.