# Monarch Capital Management Inc

> Monarch Capital Management Inc is an SEC-registered investment advisory firm in Fort Wayne, IN, registered since 1994, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated July 29, 2026.

- CRD: 106244
- Filed as: MONARCH CAPITAL MANAGEMENT INC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Fort Wayne, IN
- Filing period: October 2026
- Form ADV filing dated: July 29, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/106244
- AdvisorCensus page: https://advisorcensus.com/firm/monarch-capital-management-inc-fort-wayne-in-106244

## Quick answers

**How is Monarch Capital Management Inc compensated?**
On its Form ADV (Item 5.E, October 2026), Monarch Capital Management Inc reports these compensation arrangements: a percentage of assets under its management; fixed fees (other than subscription fees).

**How much does Monarch Capital Management Inc charge?**
Its Form ADV Part 2A brochure dated March 24, 2026 states: Flat fee: up to $5,000 a year (non-discretionary financial advisory services, which are managed on a…). Fees can differ by service and may be negotiable; the brochure is the complete statement.

**Where is Monarch Capital Management Inc located?**
Monarch Capital Management Inc's principal office is in Fort Wayne, IN, according to its Form ADV.

**Is Monarch Capital Management Inc registered with the SEC or a state?**
Monarch Capital Management Inc is an SEC-registered investment advisory firm, registered since 1994. Status as filed: Approved. CRD 106244.

**How much does Monarch Capital Management Inc manage?**
Monarch Capital Management Inc reports $495,651,343 in regulatory assets under management in its Form ADV filing dated July 29, 2026 (100% discretionary).

**How have Monarch Capital Management Inc's assets and staff changed since 2021?**
In the Form ADV data for Monarch Capital Management Inc: Regulatory assets under management: $409,002,038 in the October 2021 data and $495,651,343 in the October 2026 data, up 21%. Total employees: 10 in October 2021 and 8 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Monarch Capital Management Inc serve?**
By number of clients on Form ADV Item 5.D: high net worth individuals (90); individuals (other than high net worth individuals) (83); charitable organizations (17).

**Which custodians does Monarch Capital Management Inc use?**
Monarch Capital Management Inc's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Lake City Bank and Pershing LLC as custodians holding 10% or more of its separately managed account assets.

**Does Monarch Capital Management Inc report any disciplinary disclosures?**
Reports no disclosure items on Form ADV Item 11. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/106244

**What changed in Monarch Capital Management Inc's recent Form ADV filings?**
In the August 2026 filing data: Updated its list of owners and control persons (Schedule A).

## From the Form ADV filing

### Compensation (Item 5.E)
- A percentage of assets under your management
- Fixed fees (other than subscription fees)

### Fees and minimums (Form ADV Part 2A brochure dated March 24, 2026)

- Flat fee: up to $5,000 a year (non-discretionary financial advisory services, which are managed on a…)

> In such cases a negotiated, but fixed, engagement fee applies. This fee is billed at the time the service is performed or may be billed quarterly, if the service is ongoing, not to exceed $5,000 annually.

As stated in the firm's brochure. Fees can differ by service and may be negotiable.

### Custodians (Schedule D, Section 5.K(3))
- Lake City Bank
- Pershing LLC

Custodians holding 10% or more of the firm's separately managed account assets, as filed on Form ADV (Schedule D, Section 5.K(3)). A custodian holds client assets; it does not endorse or supervise the firm. AdvisorCensus has no relationship with any custodian.

### Regulatory assets under management (Item 5.F)
- Total: $495,651,343
- Discretionary: $495,651,343
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 83 | $28,124,497 |
| High net worth individuals | 90 | $323,788,281 |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | 2 | $29,607,465 |
| Charitable organizations | 17 | $103,853,607 |
| Corporations or other businesses not listed above | 2 | $10,277,493 |

### Advisory services (Item 5.G)
- Financial planning services
- Portfolio management for individuals and/or small businesses
- Portfolio management for businesses (other than small businesses) or institutional clients

### Firm details
- Registered since: 1994 (32 years)
- Employees: 8 total, 4 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: CA, FL, IN
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Websites listed on Form ADV (Item 1.I)
- monarchcapitalmgmt.com

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $409,002,038 | 10 | March 3, 2021 |
| October 2022 | $490,046,937 | 9 | March 16, 2022 |
| October 2023 | $409,117,743 | 9 | March 14, 2023 |
| October 2024 | $414,170,690 | 8 | April 5, 2024 |
| October 2025 | $476,439,495 | 9 | February 14, 2025 |
| October 2026 | $495,651,343 | 8 | July 29, 2026 |

Regulatory assets under management: $409,002,038 in the October 2021 data and $495,651,343 in the October 2026 data, up 21%.
Total employees: 10 in October 2021 and 8 in October 2026.

## Changes in the filing (last 12 months)

### August 2026
- Updated its list of owners and control persons (Schedule A).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Monarch Capital Management Inc (CRD 106244): Form ADV filing data as of October 2026.