Aull & Monroe

Aull & Monroe Investment Management Corporation, established in 1990 in Mobile, Alabama, is an SEC-registered investment adviser specializing in creating and managing custom portfolios for clients. Acting as a fiduciary under the Investment Advisers Act of 1940, the firm provides continuous investment management services tailored to individual needs. With over $323,867,936 in discretionary assets under management as of December 31, 2022, Aull & Monroe's investment philosophy focuses on a conservative, long-term approach with a balanced portfolio of high-quality stocks, investment-grade bonds, and cash reserves. The firm's fee structure is based on a percentage of assets under management, with management fees computed quarterly. Clients are required to have a minimum investment of $100,000, with exceptions made for certain plans. Aull & Monroe exercises investment discretion, managing portfolios without specific client consent for each transaction. The firm reviews accounts monthly, provides quarterly reports, and offers retirement plan advisory services as a Section 3(38) fiduciary. Clients can expect personalized investment strategies, risk management, and adherence to a code of ethics focused on client interests. Aull & Monroe does not charge performance-based fees and typically uses Charles Schwab & Co., Inc. as the custodian for client assets. Clients are encouraged to review account statements and promptly address any discrepancies.