Monument Group Wealth Advisors

What Monument Group Wealth Advisors does

Monument Group Wealth Advisors is a fee-only, fiduciary wealth management firm founded in 2001 and headquartered at 801 Main Street, Suite 14 in Concord, Massachusetts, with a second office at 55 Union St in Boston. The firm designs and delivers integrated personal financial planning for high-net-worth individuals and families, organized around a proprietary "Master Planning" framework that coordinates financial planning, evidence-based investment management, tax strategy and preparation, estate and legacy planning, retirement income planning, and tax-efficient wealth transitions (including Net Unrealized Appreciation strategies) into a single iteratively updated blueprint. Its core technology stack is intentionally non-proprietary: the firm relies on industry-standard financial planning tools plus third-party custodian and reporting platforms — BD Reporting, Schwab Alliance, and Fidelity Investments client portals — with no AI, automation, or proprietary software disclosed; the public website is hosted on FMG Suite, a third-party advisor marketing platform.

The firm operates as part of "The Monument Group Companies," an affiliated structure that bundles Monument Group Wealth Advisors with Monument Group Tax Advisors (in-house tax preparation) and Woodman & Eaton (affiliated estate-planning law firm), enabling cross-disciplinary delivery of legal, tax, and investment services under common ownership without outsourcing. A 12-person professional team carries dense cross-disciplinary credentials — JD, LLM, CFA, CFP, EA, CPA — concentrated in co-leaders Founder/CEO Byron E. Woodman and President/Senior Wealth Advisor Lee C. McGowan, supported by partner-level wealth advisors and attorneys, a Director of Tax Services (EA), a Tax Advisor (CPA), a Director of Client Services, an Operations Manager, a Director of Finance and HR, and paralegals.

Monument Group's revenue model is fee-only advisory engagement-based, billed on an annual cadence with no commissions, referral fees, or product-based compensation; specific fee schedules are not publicly disclosed and prospects are routed to introductory conversations. Go-to-market is relationship-led and content-amplified: demand generation runs through the Master Plan 2.0 Blog (active 2016–2026) and a topic-organized Resource Center (retirement, investment, estate, insurance, tax, money, lifestyle), with discovery meetings scheduled via Acuity Scheduling. The firm serves clients across the country via secure virtual meetings and digital planning tools, with in-person service at the Concord and Boston offices. It self-attests CCPA compliance and holds no SEC-listed securities or institutional investment.

Name

Monument Group Wealth Advisors

Legal name

Monument Group Wealth Advisors

Website

https://monumentgroupwealth.com

Company type

Private

Founded year

2001

Operating status

Operating

Headcount range

1–10 employees

Short description

Monument Group Wealth Advisors is a fee-only, fiduciary wealth management firm founded in 2001 that serves high-net-worth individuals and families nationwide from Concord and Boston, delivering integrated financial planning, investment management, tax strategy, and estate planning through its Master Planning framework.

Ownership category

akta.pro rank

Product category

Wealth Management

NAICS

Portfolio Management and Investment Advice (523940)

SIC

Investment Advice (6282)

akta.pro primary industry

Financial Planning–Led RIAs (FSAAACAB)

akta.pro secondary industries

Registered Investment Advisor (RIA) Wealth Management (FSAEABAA), Advisory Portfolio Management (Non-Discretionary) (FSAAABAD)

Keywords

• Wealth management
• Financial planning
• Retirement planning
• Tax planning
• Estate planning

Headquarters

HQ city

Concord

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure

Revenue model

1. Fee-Only Advisory Services: Operates on a fee-only model with clear, transparent advisory fees. Does not receive commissions, referral fees, or compensation from financial products. All revenue derived from client-paid advisory fees.

Pricing tiers

Go-to-market motion1 record

Distribution channels2 records

Marketing channels5 records

Core offering

Monument Group Wealth Advisors provides fee-only, fiduciary wealth management services built around an integrated Master Planning approach. The firm coordinates financial planning, investment management, tax strategy and preparation, estate and legacy planning, retirement income planning, and tax-efficient wealth transitions for individual clients and families.

Product overview

Monument Group Wealth Advisors offers a unified financial advisory service built around its Master Planning approach, which integrates Financial Planning, Investment Management, Tax Strategy & Preparation, Estate & Legacy Planning, Retirement Income Planning, and Tax-Efficient Wealth Transitions into a single coordinated framework. The firm operates as a fee-only, fiduciary wealth advisory practice rather than a software product company.

Differentiator

Problem solved

Functional benefit

Products and services

• Master Planning
• Financial Planning
• Investment Management
• Tax Strategy & Preparation
• Estate & Legacy Planning
• Retirement Income Planning
• Tax-Efficient Wealth Transitions

Quantifiable outcome

• Clients gain clarity on sustainable spending levels through stress-tested financial models across varied market environments
• +2 more outcomes

Named customers3 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Two partnerships are on record, tiered core.

• Monument Group Tax AdvisorscoreOthersAffiliated in-house tax preparation and strategy firm that provides year-round tax planning integrated with financial planning services. Part of The Monument Group Companies structure.
• Woodman & EatoncoreOthersAffiliated law firm providing estate planning and legal services. Part of The Monument Group Companies structure offering integrated legal and financial services.

Scale indicators3 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Brighton Jones: Fee-only, planning-led wealth management firm offering integrated financial planning, investment, tax, and estate services — closely mirroring Monument Group's Master Planning model with a national footprint.
• Moneta Group: Independent, fee-only RIA providing comprehensive financial planning, investment management, and tax services to HNW clients with a comparable integrated and planning-led approach.
• Mercer Advisors: National RIA providing integrated wealth management, tax, estate, and financial planning services — same comprehensive planning-led offering delivered at materially greater scale.
• Carson Group: Planning-led RIA serving individuals and families through partner advisors with comprehensive financial planning, investment, and tax services — direct peer in integrated planning model.
• Foster Group: Fee-only RIA with a planning-first philosophy serving pre-retirees and retirees using evidence-based investment management — similar target clientele and planning-driven approach.

Broad incumbents

• Wealth Enhancement Group: Large national RIA delivering comprehensive wealth management, retirement, and tax planning — overlapping integrated offering with substantially greater AUM and geographic scale.
• Creative Planning: Large national RIA providing comprehensive financial planning, investment, tax, and estate services — overlaps with Monument's planning-led model at a much broader scale.
• Edelman Financial Engines: Large-scale RIA combining technology-driven planning with personal advisor relationships — overlaps with Monument's planning-led model but operates at vastly greater scale.
• Hightower Advisors: National RIA partnership platform serving HNW clients with comprehensive wealth planning — comparable integrated services delivered through affiliated partner firms.

Emerging players

• Facet Wealth: Digital-first flat-fee financial planning firm spanning investments, taxes, and retirement — competes for younger HNW clients who might otherwise engage a traditional planning-led RIA.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles12 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Monument Group Wealth Advisors