ST. LOUIS — March 6, 2024 — Moneta, a 100% partner-owned Registered Investment Adviser (RIA) firm, announces the addition of Amy Hiett and Mike Walsh as Partners. The team formerly known as Juniper Wealth Advisors joins Moneta from Wells Fargo with about $279 million in assets under management (AUM), bringing Moneta up to approximately $34 billion AUM*.
This is the national RIA’s third merger in Colorado and the second within the past 12 months after adding the $450 million AUM team of Jaye Everland and Jason Sandry (formerly of IWP) as Partners in its Cherry Creek location in April of 2023.
“By bringing on top firms that share our vision and values, we all grow stronger. Their team is made up of the kind of professionals we love to work with, and we are excited to help them grow with our national brand and world-class resources,” Moneta CEO Eric Kittner said. “Mike and Amy have deep expertise and a culture of caring for clients, employees, and the communities they serve, which makes them a perfect fit for Moneta.”
Their team will continue to operate from their Boulder, Colorado location, Moneta’s sixth office in its growing network. They will also have office space in Moneta’s existing Cherry Creek location.
“This move is about positioning our clients and our firm for a more successful future,” Walsh said. “While keeping the client-first benefits of operating as an independent fiduciary, we gain large-scale resources that will enhance our clients’ experience. Moneta’s administrative, operational, and support expertise will allow us to focus on what we are most passionate about – supporting our clients.”
“This partnership comes as a result of careful consideration, thorough exploration, and our commitment to providing our clients with the best possible financial guidance and support,” Hiett added. “Partnering with Moneta will allow us to expand our existing financial planning and investment management offerings to include philanthropic initiatives, tax planning, estate strategy, regulatory compliance, cyber security, and human resources.”
Since first moving into the fast-growing Denver market in 2019, Moneta also opened offices in Kansas City, the greater Boston area, and Chicago. Moneta expects to continue growing nationally in both new and existing markets by acquiring and merging in other like-minded advisors who appreciate the concept of shared equity in a partner-owned RIA.
“We solved the equation of succession and scale for ourselves. Along that journey, we realized the impact this could have for other RIAs and the opportunity that we had to expand nationally outside of our existing teams,” Moneta President and COO, Keith Bowles, said. “For independent entrepreneurs and RIAs looking to grow, our platform is a perfect fit. As part of Moneta, they can remain owners of their business and, at the same time, Moneta’s partnership structure means they have ownership and a voice in the strategic decisions of the firm coupled with access to a team of colleagues with highly valuable institutional knowledge.”
ABOUT MONETA
Moneta Group Investment Advisors, LLC is one of the nation’s largest independent fee-only registered investment adviser firms that has continued to grow through client addition and new advisors and teams joining, elevating the AUM which was $30.6 billion at last official reporting as of 12/31/2022. For our clients, we provide the resources, security, and longevity of a large-scale national firm within a structure designed for us to deliver the personalized attention you deserve. For advisors, joining Moneta means operating on the platform of a national firm without losing your entrepreneurial freedom. We are 100% partner-owned with no private equity or outside shareholders – and fiercely loyal to our clients’ best interest–always.
© 2024 Moneta Group Investment Advisors, LLC. All rights reserved. Moneta Group Investment Advisors, LLC is an SEC registered investment adviser and wholly owned subsidiary of Moneta Group, LLC. Registration as an investment adviser does not imply a certain level of skill or training. Moneta is a service mark owned by Moneta Group, LLC. These articles do not individually or collectively constitute an offer to sell or buy securities, nor does any statement contained herein represent any specific recommendation. Rankings, Ratings, or Lists, and/or recognition by unaffiliated rating services and/or publications, whether highlighting specific advisors of Moneta or Moneta itself, are not indicative of performance and should not be construed as a guarantee of future investment success, nor should they be construed as a current or past endorsement of Moneta by any of its clients.
*Approximation of AUM; for 12/31/2023 value, please refer to the Annual Amendment of Form ADV once filed. https://adviserinfo.sec.gov/
