Bursting at the Seams

With $16.8 Billion in Assets and Growing, Moneta Group to Expand to Second Suite of Offices Overlooking Shaw Park in Clayton

ST. LOUIS – Bursting at the seams with a growing team of 280 employees, investment advisor Moneta Group is expanding to a second suite of offices in Clayton at 1 North Brentwood across the street from Shaw Park. With an estimated $16.8 billion in assets under advisement currently, Moneta Group in 2015 was ranked the sixth largest RIA (Registered Investment Advisor) in the U.S. and the largest in Missouri by Financial Advisor magazine.

“Reflecting our client-first philosophy, adding the space at 1 North Brentwood will enable us to not only bring the operations of all of our Family CFO teams under one roof at 100 South Brentwood, but also allows us to create a dedicated space for our retirement plan business which has experienced explosive growth in the past decade,” said Thomas O’Meara, managing partner and chairman of the board.

Moneta purchased the five-story, 72,000-square-foot 100 South Brentwood building in 2006.  Its employees currently occupy 47,700 square feet there, with the firm anticipating further expansion as third-party leases expire.

Moneta’s ongoing recruitment of financial service specialists to tend an ever-larger roster of clients is heightening demand for more staff.  As of Dec. 31, 2014, Moneta’s client count had increased to approximately 4,500, nearly 80 percent higher than the total reported Dec. 31, 2008.

“We hired 20 people last month (January, 2016) alone after filling 64 positions in 2015 and 45 in 2014,” noted O’Meara. “Continuing the build-out of our estate planning, tax strategies, retirement plan and Family CFO teams is a priority as we remain vigilant to ensure that we continue to take superb care of each of our clients.”

Physical Moves Scheduled for Summer 2016

Transitioning this June from current quarters at 100 South Brentwood to the 11,040-square-foot fifth floor space at 1 North Brentwood will be about 55 professionals who are members of the firm’s retirement plan, tax strategies, business support, training, human resources and marketing teams.

Following their departure, the vacated space will be remodeled to host Moneta’s investment department and the arrival of four Family CFO teams who now operate out of a 4,400-square-foot office at 16305 Swingley Ridge Road in Chesterfield, Mo. The move from Chesterfield is scheduled for August.

Jim Mosby, executive managing director of the St. Louis office of Cushman & Wakefield, is Moneta’s tenant representative. Arcturis is the interior designer. A contractor has yet to be selected.

In 2015, Moneta won the Fast Track Award from the Missouri Chamber of Commerce and Industry in acknowledgement of its status as one of the state’s fastest-growing companies. It also earned a handful of other local, state and national honors in the past year, including Financial Advisor of the Year – Missouri, from Corporate Livewire’s Global Fund Awards.

Also in 2015, the firm was ranked among the Top 10 RIA firms in the U.S. by Financial Advisor for the sixth consecutive year.

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