MONUMENT RETIREMENT & WEALTH ADVISORY, LLC

As a Registered Investment Adviser (RIA), MONUMENT RETIREMENT & WEALTH ADVISORY, LLC is legally bound by the fiduciary standard under the Investment Advisers Act of 1940. This requires the firm to place client interests above its own, disclose any conflicts of interest, and seek the best execution for client transactions. This differentiates it from broker-dealers who typically operate under a suitability standard. Fee-only or fee-based compensation models are common for such firms, aligning advisor incentives directly with client outcomes.

Firms structured as RIAs with names referencing retirement and wealth advisory typically serve a mix of high-net-worth individuals, families nearing or in retirement, and potentially small institutional accounts such as company 401(k) plans. The specific number of clients, minimum account sizes, and demographic breakdown for MONUMENT RETIREMENT & WEALTH ADVISORY, LLC would be itemized in its Part 2A Form ADV 'Brochure', which RIAs are required to provide to prospective clients.

RIAs often use low-cost exchange-traded funds and mutual funds as core portfolio building blocks to maintain a cost-efficient, diversified allocation for retirement-focused clients. Depending on the firm's specific strategy, they may construct individual bond ladders for income generation and utilize individual equities for tax-loss harvesting purposes, as permitted by their regulatory filings.

This type of RIA's primary focus is generally on liquid public markets and traditional retirement vehicles. There is no public record suggesting MONUMENT RETIREMENT & WEALTH ADVISORY, LLC operates as a direct private equity or venture capital allocator. Its Form ADV, Part 1, would specify if it manages any private fund structures or direct alternative investments.

As an RIA, MONUMENT RETIREMENT & WEALTH ADVISORY, LLC's compensation structure likely relies on a percentage of assets under management (AUM) fee, hourly financial planning fees, or fixed retainer fees. This removes the commission-based conflict of interest common in traditional brokerage, where advisors earn a payment on the sale of proprietary financial products.