Monson Wealth Management

What Monson Wealth Management does

Monson Wealth Management, Inc. is a fee-only fiduciary registered investment adviser founded in 2000 by Eldon Monson in Kennewick, Washington. The firm provides retirement planning, investment management, and estate planning services with a narrow specialization in Hanford Site contractors and nuclear industry professionals throughout the Tri-Cities region (Kennewick, Pasco, Richland). Its core products include Retirement Planning, Nuclear Industry Retirement Planning, Retirement Income Planning, Investment Management, and Financial Planning, supplemented by a flat-fee Estate Planning package ($900-$1,200) that addresses the unique multi-employer pension portability, contractor transition, and benefit coordination challenges faced by employees of Battelle, Energy Northwest, Bechtel, Mission Support Alliance, Amentum, and other DOE contractors.

The firm's technology stack is minimal: a website-based content publishing platform, a client portal integrating with third-party custodians (Axos/Liberty, Nationwide, American Funds), and a proprietary 'Retire Confidently Roadmap' framework that combines pension analysis, Social Security timing optimization, and market stress-testing. No AI/ML capabilities, proprietary algorithms, or data infrastructure are evident. The Wealth.com partnership provides a referral pathway for complex estate planning needs beyond the firm's flat-fee offering.

Monson generates revenue through recurring advisory fees (subscription model) for comprehensive planning and investment management, plus one-time flat fees for estate planning packages. The firm employs 1-10 people in a founder-led structure with Eldon Monson as Founder & Lead Advisor, Linn Hege Serven as Engagement Director, and Tarina Cardenas as Operations Manager. The firm is privately held with no external capital, no institutional investors, and operates under the DBA 'Columbia Retirement Group.'

Name

Monson Wealth Management

Legal name

Monson Wealth Management, Inc.

Website

https://monsonwealthmanagement.com

Company type

Private

Founded year

2000

Operating status

Operating

Headcount range

1–10 employees

Short description

Monson Wealth Management is a fee-only fiduciary registered investment adviser in Kennewick, Washington, specializing in retirement planning for Hanford Site contractors and nuclear industry professionals in the Tri-Cities region, offering pension portability coordination, retirement income planning, and flat-fee estate planning services.

Ownership category

akta.pro rank

Product category

Wealth Management

NAICS

Portfolio Management and Investment Advice (523940)

akta.pro primary industry

Retirement Plan Participant Advice & Managed Accounts (FSAEABAF)

akta.pro secondary industries

Private Banking & UHNW Wealth Advisory (FSAEABAC), Estate Planning, Trust Structuring & Governance (FSAAADAF)

Keywords

• Retirement planning
• Investment advisory
• Estate planning
• Wealth management
• Financial planning

Headquarters

HQ city

Kennewick

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

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

Revenue model

1. Financial Advisory Services: Fee-only fiduciary financial planning and investment management services. The firm does not earn commissions or sell financial products. Revenue is generated through advisory fees for comprehensive planning, investment management, and consultation-only services.
2. Estate Planning Services: Flat-fee estate planning packages offered at $900 per married couple (or $1,200 for the complete package), covering wills, healthcare directives, and powers of attorney. Uses a streamlined interview process rather than hourly billing.
3. Free Initial Consultation: Free discovery meeting to assess client situations and determine fit, with no obligation. Services are offered only to clients with whom they have an advisory agreement.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels5 records

Core offering

Monson Wealth Management is a fee-only fiduciary registered investment adviser that delivers retirement planning, investment management, and holistic financial planning services to individuals and couples, with a specialization in Hanford Site contractors and nuclear industry professionals. The firm also offers a flat-fee estate planning package (wills, healthcare directives, powers of attorney) and free initial discovery consultations, billing through advisory fees rather than commissions or product sales.

Product overview

Monson Wealth Management offers a unified financial advisory practice centered on retirement planning for Hanford Site contractors and Tri-Cities nuclear industry professionals. The core offering comprises Retirement Planning, Nuclear Industry Retirement Planning, and Retirement Income Planning services, which work together to guide clients from pre-retirement through retirement with pension optimization and income strategies. The practice supplements its core advisory services with complementary Investment Management, Financial Planning, and a flat-fee Estate Planning package ($900-$1,200), all delivered through a fiduciary, fee-only model with no commissions or product sales.

Differentiator

Problem solved

Functional benefit

Products and services

• Retirement Planning Comprehensive retirement planning services for individuals and couples within 5-10 years of retirement, covering Social Security timing, pension analysis, and lifestyle goal alignment.
• Nuclear Industry Retirement Planning Specialized retirement planning for Hanford Site contractors and nuclear industry professionals, addressing unique pension portability, multi-employer plans, and contractor transition challenges for employees of Battelle, Energy Northwest, Bechtel, Mission Support Alliance, Amentum, HAMMER, WRPS, and other subcontractors.
• Retirement Income Planning Strategies to convert savings into sustainable retirement income, including budgeting, withdrawal strategies, Social Security coordination, and tax-efficient drawdowns, with built-in guardrails that signal adjustments based on market conditions and life changes.
• Estate Planning Flat-fee estate planning package priced at $900 per married couple or $1,200 for the complete package, including wills, healthcare directives and living wills, durable power of attorney for finances and healthcare, and optional revocable living trusts for Washington residents.
• Investment Management Tailored portfolio management services using evidence-based research, risk assessment, asset allocation, diversification, and ongoing rebalancing to align with retirement timelines.
• Financial Planning Holistic financial planning integrating investment management, tax planning, cash flow management, college savings, and risk management for Tri-Cities families.

Quantifiable outcome

• Estate planning costs reduced by 50-75% compared to traditional attorneys
• +1 more outcomes

Named customers7 records

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration3 records

Feature3 records

Partnerships

One partnership is on record.

• Wealth.comsupportingImplementation/ SI/ Consulting PartnerLinn Hege Serven serves as an Estate Planning Concierge through Wealth.com, assisting families with estate planning services. This partnership provides a referral pathway for clients with complex estate needs beyond the firm's flat-fee package, and allows the firm to offer comprehensive estate planning while maintaining their core advisory focus.

Scale indicators4 records

Recent moves6 records

Expansion highlights6 records

Emerging players

• Betterment: Leading digital wealth manager offering automated retirement and goal-based investing for individual investors at low fees. Comparable to Monson as a competitor for retirement-age and pre-retiree clients, but operating as a fully digital, scalable platform rather than a personalized local RIA.

Direct peers

• Foster Group: Fee-only RIA focused on retirement income planning and serving individual clients, with a published Retire Ready system and emphasis on fiduciary advice. Comparable to Monson as a directly competing retirement-focused fee-only advisory firm with similar service philosophy, though Foster operates from a different region without Monson's Hanford-specific niche.
• Buckingham Strategic Wealth: Fee-only fiduciary RIA providing evidence-based financial planning, retirement income, and estate planning for individuals nationwide. Comparable to Monson as a fee-only fiduciary peer offering integrated retirement, investment, and flat-fee estate planning services, though without nuclear-industry specialization.
• Garrett Planning Network: Network of fee-only fiduciary financial planners specializing in hourly and retainer-based planning for individuals and families, including retirement and estate planning. Comparable to Monson as a fee-only fiduciary peer for mass-affluent clients seeking retirement and estate services, though without Hanford/DOE specialization.

Broad incumbents

• Carson Group: National network of independent wealth advisors serving individuals and families with retirement, estate, and investment planning. Comparable to Monson as a fee-based advisory peer for pre-retirees and retirees, but operating as a large affiliated firm rather than a single local RIA.
• Charles Schwab Wealth Advisory: Schwab's advisory and Schwab Wealth Advisory programs offer portfolio management and retirement planning for individual investors, including mass-affluent retirees. Comparable to Monson as a retirement-focused advisory competitor with hybrid digital-plus-advisor service, though not specialized in Hanford or DOE contractor benefits.
• Fisher Investments: Large, established fee-based investment manager serving high-net-worth and retirement-age clients with portfolio management and retirement planning services. Comparable to Monson as a wealth advisory competitor for retiree households, but operates at far greater scale and with a broader, non-niche client base.
• Edward Jones: National full-service wealth advisory firm with a strong branch-based model in mid-sized U.S. markets, including the Pacific Northwest. Comparable to Monson in serving mass-affluent pre-retirees and retirees with retirement income planning, but with commission-based legacy products and a generalist rather than nuclear-niche focus.
• Mariner Wealth Advisors: National RIA providing comprehensive financial planning, investment management, and retirement income planning to individuals and families. Comparable to Monson as a fee-based advisory peer for retiree households, but at significantly larger scale and without nuclear-industry specialization.

Others

• Wealth.com: Estate planning technology platform that partners with advisors to deliver wills, trusts, and estate documents. Comparable to Monson because it is the firm's stated implementation partner for estate planning services, representing an enabling/ecosystem relationship rather than direct competition.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/MonsonWealthManagement

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 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 Monson Wealth Management