Monetary Management Group Inc

Monetary Management Group, Inc. is a Registered Investment Adviser based in St. Louis, Missouri, providing investment management services since 1983. The firm offers continuous advice and management tailored to individual client objectives, serving individuals, families, companies, and various plans. As fiduciaries, they prioritize client interests and offer discretionary investment advisory services through a managed "wrap" account program, charging an all-inclusive fee. They manage a small number of non-wrap accounts with a transaction charge of up to $50. The firm's investment strategies include a range of securities and financial instruments, with assets under management totaling $448,363,292 in discretionary assets and $16,425,332 in non-discretionary assets as of April 30, 2024. The annual fee ranges from 0.50% to 2.0% based on assets under management, with a minimum fee of $2,500 annually. Clients have the option to pay fees through direct debiting or by check. The firm does not charge performance-based fees and typically requires a minimum account size of $500,000. Monetary Management exercises both discretionary and non-discretionary investment management accounts, with a focus on client-specific needs and objectives. Clients receive quarterly statements from an independent custodian, and the firm does not engage in cross trades or receive compensation for client referrals.