# Monticello Associates, LLC

> Monticello Associates, LLC is an SEC-registered investment advisory firm in Denver, CO, registered since 1996, with no regulatory assets under management reported in its Form ADV filing dated May 8, 2026.

- CRD: 107392
- Filed as: MONTICELLO ASSOCIATES, LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Denver, CO
- Filing period: October 2026
- Form ADV filing dated: May 8, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/107392
- AdvisorCensus page: https://advisorcensus.com/firm/monticello-associates-llc-denver-co-107392

## Quick answers

**How is Monticello Associates, LLC compensated?**
On its Form ADV (Item 5.E, October 2026), Monticello Associates, LLC reports these compensation arrangements: fixed fees (other than subscription fees); other.

**Where is Monticello Associates, LLC located?**
Monticello Associates, LLC's principal office is in Denver, CO, according to its Form ADV; the June 2026 filing also lists 3 other offices (Schedule D, Section 1.F).

**Is Monticello Associates, LLC registered with the SEC or a state?**
Monticello Associates, LLC is an SEC-registered investment advisory firm, registered since 1996. Status as filed: Approved. CRD 107392.

**How have Monticello Associates, LLC's assets and staff changed since 2021?**
In the Form ADV data for Monticello Associates, LLC: Total employees: 51 in October 2021 and 58 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Monticello Associates, LLC serve?**
By number of clients on Form ADV Item 5.D: high net worth individuals (263); charitable organizations (156); pension and profit sharing plans (but not the plan participants or government pension plans) (7).

**Does Monticello Associates, LLC 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/107392

**What changed in Monticello Associates, LLC's recent Form ADV filings?**
In the June 2026 filing data: Updated its list of owners and control persons (Schedule A).

## From the Form ADV filing

### Compensation (Item 5.E)
- Fixed fees (other than subscription fees)
- Other

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| High net worth individuals | 263 | Not reported |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | 7 | Not reported |
| Charitable organizations | 156 | Not reported |

### Advisory services (Item 5.G)
- Pension consulting services
- Selection of other advisers (including private fund managers)
- Other

### Firm details
- Registered since: 1996 (30 years)
- Employees: 58 total, 31 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: CO, GA, IL, MA, MD, NC, NY, OH, TX, VA
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Other offices (Schedule D, Section 1.F), as of the June 2026 filing
- Bethesda, MD
- Boston, MA
- Cleveland, OH

### Websites listed on Form ADV (Item 1.I)
- monticelloassociates.com
- LinkedIn @MONTICELLO-ASSOCIATES
- X @MONTICELLOASSOC

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | Not reported | 51 | September 2, 2021 |
| October 2022 | Not reported | 53 | March 30, 2022 |
| October 2023 | Not reported | 55 | July 31, 2023 |
| October 2024 | Not reported | 57 | March 27, 2024 |
| October 2025 | Not reported | 57 | March 31, 2025 |
| October 2026 | Not reported | 58 | May 8, 2026 |

Total employees: 51 in October 2021 and 58 in October 2026.

## Changes in the filing (last 12 months)

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

### April 2026
- Employees performing advisory functions went from 22 to 31.
- Registered or notice-filed in MD.
- Updated its list of owners and control persons (Schedule A).

### January 2026
- No longer registered or notice-filed in CA.

### December 2025
- Changed its legal name from Monticello Associates Inc to Monticello Associates, LLC.

### November 2025
- Updated its list of owners and control persons (Schedule A).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Monticello Associates, LLC (CRD 107392): Form ADV filing data as of October 2026.