# Monex Asset Management, Inc.

> Monex Asset Management, Inc. is an SEC-registered investment advisory firm in Houston, TX, registered since 2021, reporting $500 million to $1 billion in regulatory assets under management in its Form ADV filing dated July 10, 2026.

- CRD: 148123
- Filed as: MONEX ASSET MANAGEMENT, INC.
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Houston, TX
- Filing period: October 2026
- Form ADV filing dated: July 10, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/148123
- AdvisorCensus page: https://advisorcensus.com/firm/monex-asset-management-inc-houston-tx-148123

## Quick answers

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

**How much does Monex Asset Management, Inc. charge?**
Its Form ADV Part 2A brochure dated May 28, 2026 states: Asset-based fee: 0.25% to 2% a year (a range, as the brochure states it). Fees can differ by service and may be negotiable; the brochure is the complete statement.

**Where is Monex Asset Management, Inc. located?**
Monex Asset Management, Inc.'s principal office is in Houston, TX, according to its Form ADV; the August 2026 filing also lists 2 other offices (Schedule D, Section 1.F).

**Is Monex Asset Management, Inc. registered with the SEC or a state?**
Monex Asset Management, Inc. is an SEC-registered investment advisory firm, registered since 2021. Status as filed: Approved. CRD 148123.

**How much does Monex Asset Management, Inc. manage?**
Monex Asset Management, Inc. reports $650,868,175 in regulatory assets under management in its Form ADV filing dated July 10, 2026 (81% discretionary).

**How have Monex Asset Management, Inc.'s assets and staff changed since 2021?**
In the Form ADV data for Monex Asset Management, Inc.: Regulatory assets under management: $126,384,444 in the October 2021 data and $650,868,175 in the October 2026 data, up 415%. Total employees: 13 in October 2021 and 20 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Monex Asset Management, Inc. serve?**
By number of clients on Form ADV Item 5.D: high net worth individuals (351); individuals (other than high net worth individuals) (155); corporations or other businesses not listed above (79).

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

**Does Monex Asset Management, Inc. report any disciplinary disclosures?**
Reports 5 disclosure items on Form ADV Item 11: yes answers to 11.C(2) (SEC or CFTC finding of a violation), 11.C(5) (SEC or CFTC civil money penalty or cease-and-desist order), 11.E(1) (self-regulatory organization's finding of a false statement or omission), 11.E(2) (self-regulatory organization's finding of a rule violation), and 11.E(4) (self-regulatory organization's expulsion, suspension, bar, or restriction). Each question covers the firm and its advisory affiliates, and one event can produce several yes answers. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/148123

**Does Monex Asset Management, Inc. state an account minimum?**
Its Form ADV Part 2A brochure dated May 28, 2026 says: "Monex Asset Management generally requires clients’ managed assets to consist initially of cash and securities with a minimum asset value (as valued by Advisor) of no less than $300,000 unless Monex Asset Management, in its sole discretion, agrees to accept a client's managed assets with a lesser value."

**What changed in Monex Asset Management, Inc.'s recent Form ADV filings?**
In the April 2026 filing data: Employees performing advisory functions went from 14 to 17. Regulatory assets under management went from $556,823,051 to $650,868,175 (+17%).

## 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 May 28, 2026)

- Asset-based fee: 0.25% to 2% a year (a range, as the brochure states it)

> our fees generally range from .25% to 2.00% of the assets under management (“ AUM”), based upon a number of factors, including the size of the portfoli o, services requested, and portfolio assets. In addition, we charge an annual maintenance fee of $180.00 to $200.00 per account.

- Account minimum: $300,000 (the brochure says it may be waived or negotiated)

> Monex Asset Management generally requires clients’ managed assets to consist initially of cash and securities with a minimum asset value (as valued by Advisor) of no less than $300,000 unless Monex Asset Management, in its sole discretion, agrees to accept a client's managed assets with a lesser value.

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

### Custodians (Schedule D, Section 5.K(3))
- 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: $650,868,175
- Discretionary: $529,514,123
- Non-discretionary: $121,354,052

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 155 | $70,927,291 |
| High net worth individuals | 351 | $261,145,773 |
| Investment companies | 14 | $80,638,199 |
| Corporations or other businesses not listed above | 79 | $236,094,314 |
| Other | Fewer than 5 | $2,062,598 |

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

### Firm details
- Registered since: 2021 (5 years)
- Employees: 20 total, 17 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: CA, TX
- Disclosures (Item 11): Reports 5 disclosure items on Form ADV Item 11.

### Item 11 questions answered yes
- 11.C(2): Has the SEC or the CFTC ever found that the firm or an advisory affiliate was involved in a violation of SEC or CFTC regulations or statutes?
- 11.C(5): Has the SEC or the CFTC ever imposed a civil money penalty on the firm or an advisory affiliate, or ordered the firm or an advisory affiliate to cease and desist from an activity?
- 11.E(1): Has a self-regulatory organization (such as FINRA) or a commodities exchange ever found that the firm or an advisory affiliate made a false statement or omission?
- 11.E(2): Has a self-regulatory organization or a commodities exchange ever found that the firm or an advisory affiliate was involved in a violation of its rules, other than a minor rule violation under a plan the SEC approved?
- 11.E(4): Has a self-regulatory organization or a commodities exchange ever disciplined the firm or an advisory affiliate by expelling or suspending it from membership, barring or suspending it from association with other members, or otherwise restricting its activities?

Each question covers the firm and its advisory affiliates: its current employees other than clerical staff, its officers, partners, and directors, and anyone who controls the firm or is controlled by it. One event can produce yes answers to several questions. SEC-registered advisers and exempt reporting advisers may leave out events more than ten years old, and may answer 11.A(2) and 11.B(2) for pending charges only. The detail of each yes answer is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/148123

### Other offices (Schedule D, Section 1.F), as of the August 2026 filing
- San Antonio, TX
- San Diego, CA

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

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $126,384,444 | 13 | March 29, 2021 |
| October 2022 | $171,336,377 | 15 | May 20, 2022 |
| October 2023 | $159,692,367 | 18 | October 2, 2023 |
| October 2024 | $200,926,531 | 20 | May 17, 2024 |
| October 2025 | $386,314,126 | 20 | March 28, 2025 |
| October 2026 | $650,868,175 | 20 | July 10, 2026 |

Regulatory assets under management: $126,384,444 in the October 2021 data and $650,868,175 in the October 2026 data, up 415%.
Total employees: 13 in October 2021 and 20 in October 2026.

## Changes in the filing (last 12 months)

### April 2026
- Employees performing advisory functions went from 14 to 17.
- Regulatory assets under management went from $556,823,051 to $650,868,175 (+17%).

### January 2026
- Regulatory assets under management went from $386,314,126 to $556,823,051 (+44%).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Monex Asset Management, Inc. (CRD 148123): Form ADV filing data as of October 2026.