Monarch Capital Management provides financial planning, portfolio management for individuals and small businesses, and portfolio management for institutions. Financial planning was provided to 1–10 clients last fiscal year.
Monarch Capital Management reports 194 clients. They include 90 high-net-worth individuals, 83 individual clients and 17 charitable organizations. Of its assets, 100.0% ($496M across 373 accounts) are managed with discretion.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 43% | 6% |
| High-net-worth individuals | 46% | 65% |
| Pension and profit-sharing plans | 1% | 6% |
| Charitable organizations | 9% | 21% |
| Corporations and other businesses | 1% | 2% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 83 | $28.1M | 5.7% | $339K |
| High-net-worth individuals | 90 | $324M | 65.3% | $3.6M |
| Pension and profit-sharing plans | Fewer than 5 | $29.6M | 6.0% | $14.8M |
| Charitable organizations | 17 | $104M | 21.0% | $6.11M |
| Corporations and other businesses | Fewer than 5 | $10.3M | 2.1% | $5.14M |
| Total | 194 | $496M | 100% | — |
- Clients
- 83
- Regulatory AUM
- $28.1M
- AUM share
- 5.7%
- Avg. per client
- $339K
- Clients
- 90
- Regulatory AUM
- $324M
- AUM share
- 65.3%
- Avg. per client
- $3.6M
- Clients
- Fewer than 5
- Regulatory AUM
- $29.6M
- AUM share
- 6.0%
- Avg. per client
- $14.8M
- Clients
- 17
- Regulatory AUM
- $104M
- AUM share
- 21.0%
- Avg. per client
- $6.11M
- Clients
- Fewer than 5
- Regulatory AUM
- $10.3M
- AUM share
- 2.1%
- Avg. per client
- $5.14M
Total
- Clients
- 194
- Regulatory AUM
- $496M
- AUM share
- 100%
- Avg. per client
- —
- Clients outside the U.S.
- 0%
- Clients advised without assets under management last fiscal year
- 0
- Private funds advised
- 0
- Financial planning clients last fiscal year
- 1–10
Monarch Capital Management charges 0.50%–1.00% a year for its Discretionary investment advisory services. Each asset band is charged at its own rate. The fee is billed in advance, is negotiable and has a $500 annual minimum. The brochure also prices one other service, listed under fee details.
| Asset band | Annual rate |
|---|---|
| $0–$1M | 1.00% |
| $1M–$2M | 0.90% |
| $2M–$3M | 0.80% |
| $3M–$5M | 0.70% |
| $5M–$10M | 0.60% |
| $10M and above | 0.50% |
Fee details and sources
Other fees
- Non-discretionary financial advisory services
- Non-discretionary clients pay a negotiated, fixed engagement fee, billed when the service is performed or quarterly if ongoing, not to exceed $5,000 annually.
John Meyer owns 25% to 50% of Monarch Capital Management. David Meyer is CEO; the leadership team includes President John Meyer, Chief Operating Officer Elizabeth Freck and Chief Financial Officer Adam Beard. It has 8 employees, 4 of them in advisory roles.
Leadership
David MeyerChief Executive Officer, Senior Investment Officer
John MeyerPresident, Chief Investment Officer, Senior Analyst- Adam BeardChief Financial Officer & Treasurer
- Elizabeth FreckChief Operating Officer
- Jessica GonzalezChief Compliance Officer
- Stephanie DeckChief People Officer
- Katherine MoenterDirector
Investment adviser representatives
4 representatives listed in the SEC register as of 9 October 2026.
Staff
- 8 employees
- 4 in advisory functions
- 4 state-registered reps
- Owns 25% to 50% of Monarch Capital Management Inc
John Meyer
Control person · since February 2000
- Owns 25% to 50% of Monarch Capital Management Inc
Katherine Moenter
Control person · since September 2007
- Owns 10% to 25% of Monarch Capital Management Inc
David Meyer
Control person · since August 1994
Monarch Capital Management’s regulatory assets grew from $409M (March 2021) to $496M (July 2026); clients fell from 244 to 194 and employees from 10 to 8.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | Employees | Offices |
|---|---|---|---|---|
| July 2026 | $496M | 194 | 8 | 1 |
| February 2025 | $476M | 188 | 9 | 1 |
| April 2024 | $414M | 198 | 8 | 1 |
| March 2023 | $409M | 211 | 9 | 1 |
| March 2022 | $490M | 261 | 9 | 1 |
| March 2021 | $409M | 244 | 10 | 1 |
Besides its headquarters, Monarch Capital Management has 0 offices, with 1 listed address in Indiana.
Indiana · 1 listed address
- 127 W Berry Street, Suite 402, Fort WayneHQ
Contact and registration details
- Legal name
- Monarch Capital Management Inc
- Headquarters
- 127 W Berry Street, Suite 402, Fort Wayne, IN 46802
- Website
- monarchcapitalmgmt.com
- Phone
- 260-422-2765
- SEC file
- 801-46796
- Structure
- Indiana corporation
- Fiscal year end
- December
Monarch Capital Management uses Pershing ($352M, 87%) and Lake City Bank ($50.9M, 13%) as custodians for its separately managed accounts. Monarch Capital Management has custody of $125M in client assets for 74 clients.
- PershingPershing LLC · Jersey City, NJ · $352M87%
- Lake City BankLake City Bank · Warsaw, IN · $50.9M13%
At year end, Monarch Capital Management’s separately managed accounts were mostly in stocks (82%) and bonds (14%). Its reported 13F holdings for the quarter ended 30 June 2026 total $436M across 130 positions; the largest are Microsoft Corp. (4.1%), Apple Inc. (3.9%) and Merck & CO Inc. (3.5%).
What the accounts hold
- Stocks82%
- Funds1%
- Bonds14%
- State and local bonds12%
- U.S. government and agency bonds1%
- Investment grade corporate bonds1%
- Cash3%
Reported 13F holdings
- $436M
- Reported 13F value
- 130
- Positions
- 32.4%
- In the 10 largest
- +6.8%
- Value vs. prior quarter
- Microsoft Corp.4.1%
- Apple Inc.3.9%
- Merck & CO Inc.3.5%
- Cisco Sys Inc.3.4%
- Johnson & Johnson3.4%
- Alphabet Inc. · Cap Stk CL C3.0%
- Walmart Inc.3.0%
- Abbvie Inc.2.8%
- Home Depot Inc.2.6%
- Quanta Svcs Inc.2.6%
Together, the ten largest are 32.4% of reported value.
How many clients does Monarch Capital Management have?
Monarch Capital Management has 194 clients and manages $496 million for them, as of July 2026. They include 90 high-net-worth individuals, 83 individual clients and 17 charitable organizations.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 29 July 2026
What services does Monarch Capital Management offer?
Monarch Capital Management provides financial planning, portfolio management for individuals and small businesses, and portfolio management for institutions.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
How much does Monarch Capital Management charge?
Monarch Capital Management charges 0.50%–1.00% a year for its Discretionary investment advisory services. Each asset band is charged at its own rate. The fee is billed in advance, is negotiable and has a $500 annual minimum.
Source: MONARCH CAPITAL MANAGEMENT, INC., filed 24 March 2026
Which custodians does Monarch Capital Management use?
Monarch Capital Management’s separately managed account assets are held at Pershing LLC (Jersey City, NJ), with $352M and Lake City Bank (Warsaw, IN), with $50.9M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 29 July 2026
How many financial advisors does Monarch Capital Management have?
Monarch Capital Management has 4 investment adviser representatives registered with state securities authorities, out of 8 employees, and 4 perform investment advisory functions. None are registered representatives of a broker-dealer or licensed insurance agents.
Source: Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file
What does Monarch Capital Management invest in?
At the end of its last fiscal year, Monarch Capital Management’s separately managed accounts held 82% exchange-traded equities, 12% state and local bonds, 3% cash and equivalents, 1% U.S. government and agency bonds, 1% investment grade corporate bonds and 1% registered funds (mutual funds, ETFs, BDCs).
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Monarch Capital Management?
Monarch Capital Management’s direct owners are David Meyer, John Meyer and Katherine Moenter, each holding 50% or less.
Source: Form ADV Part 1A, Schedules A and B, filed 29 July 2026
How does Monarch Capital Management get paid?
Monarch Capital Management is paid through a percentage of assets under management and fixed fees. Its Form ADV lists no commissions or performance-based fees among how it is paid.
Source: Form ADV Part 1A, Item 5.E, from the SEC's 2 October 2026 data file
How do I contact Monarch Capital Management?
Monarch Capital Management’s main office is at 127 W Berry Street, Suite 402, Fort Wayne, IN 46802. Its phone number is 260-422-2765. Its website is monarchcapitalmgmt.com.