From an institutional standpoint, we are offer our comprehensive services in myriad areas, including foundations and endowments, corporate cash management via both short- and long-term funds, defined contribution and retirement plans, defined benefit plans, and asset liability management – to name a few.
We provide holistic, customized investment management solutions utilizing a strategy allocation approach. Because it impacts all of our clients, investment management is central to our business and the financial lives of many who don’t even know us. It's here that we establish our core investment principles, which are then utilized by both our wealth management and financial management groups. As investment management solutions are core to most institutional relationships, this group heads our institutional consulting practice, which currently advises over $1 billion in institutional assets.
The Monument Group of Wells Fargo Advisors is dedicated to helping non-profit organizations fulfill their mission by supporting the unique needs of charitable institutions. Our advisors work with the full spectrum of non-profit organizations including educational, environmental, and scientific organizations; health and human service providers, including children's organizations; cultural and artistic institutions; and family foundations.
As a business owner, you are eligible to establish this type of plan for your employees. The key advantage to a defined benefits plan is that the contributions can be significantly higher, although minimum funding and other requirements may apply. There is some consideration that goes into determining the contributions – including each employee's age and planned retirement age – which we can help you and your company navigate.