Wednesday, April 25 , 2018, 11:23 pm | Fair 52º



Monarch Wealth Strategies of Santa Barbara Celebrates Five Years

Santa Barbara-based Monarch Wealth Strategies has achieved what many of its larger investment competitors have not: surviving and even thriving during one of the most difficult economic periods in recent history.

Aaron Clark
Aaron Clark, president and founder of Monarch Wealth Strategies in Santa Barbara. (Monarch Wealth Strategies photo)

As large investment companies and banks were considered to be responsible for the economic collapse, investors lost faith in these behemoth companies that were obsessed with making money for themselves and the interest of the client took a backseat for institutional profit.

Aaron Clark, president and founder of Monarch Wealth Strategies, worked for some of those well-known firms before striking out on his own. He saw an opportunity to stand apart by taking a personalized and ethical approach to financial planning.

Monarch Wealth Strategies was founded in 2008. After experiencing firsthand the poor business practices and conflicts of interest plaguing the financial industry, Clark decided that it was time to proactively make a positive difference in his field and take matters into his own hands.

“People might have thought we were crazy starting Monarch in the middle of one of the most difficult economic periods in recent history, but ironically, I think that has a lot to do with our current strength,” he said. “I believe we gained a lot of respect and credibility by taking a chance in a time when no one wanted to challenge the status quo.

“While working at a large firm, I felt a significant disconnect between what I wanted for our clients and what the firm desired. We had a vision that a financial services firm should operate under the highest code of ethics, have no proprietary products or conflicts of interest, and consider each client’s entire life picture before making any recommendations.”

Today, Monarch Wealth Strategies is an experienced firm known for philanthropy, integrity, exceptional and competent services, and integrated planning strategies.

Monarch Wealth Strategies’ clients Joe and Barbara Godley agree: “With Aaron and the folks at Monarch, we get full service financial planning and strategies over the long haul verses arbitrary investments ‘in a vacuum.’ They take a comprehensive approach which is really reassuring and led us very comfortably into our retirement.”

Each year since its founding, Monarch Wealth Strategies has managed more and more assets. In fact, the company has grown over 300 percent in the past four years. Clark believes their growing revenue stream is a result of their engagement and consistency with clients as well as a firm ear to the ground about all aspects of investing, the economic industry as a whole, and even new technologies. It doesn’t hurt that Clark is also a native to Santa Barbara and feels he has an innate sense of what his clients are looking for in a financial planner.

Clark graduated with honors from San Diego State University with a bachelor of science degree in criminal justice administration and a minor in sociology. He then pursued his master of science graduate degree in personal financial planning.

His career began at A.G. Edwards & Sons Inc., which operated as a full-service securities broker-dealer in the United States and Europe. Clark was duly recognized as being one of the firm’s top financial consultants while working with high net worth individuals. He was employed by Wachovia Securities LLC after their acquisition of A.G. Edwards & Sons. He founded Monarch Wealth Strategies in 2008.

He was a member of the financial abuse specialist team for Santa Barbara County. He served on the board of the Mental Health Association in Santa Barbara County, and is on the Board of the Montecito Rotary Club.

— Flannery Hill is a publicist representing Monarch Wealth Strategies.

  • Ask
  • Vote
  • Investigate
  • Answer

Noozhawk Asks: What’s Your Question?

Welcome to Noozhawk Asks, a new feature in which you ask the questions, you help decide what Noozhawk investigates, and you work with us to find the answers.

Here’s how it works: You share your questions with us in the nearby box. In some cases, we may work with you to find the answers. In others, we may ask you to vote on your top choices to help us narrow the scope. And we’ll be regularly asking you for your feedback on a specific issue or topic.

We also expect to work together with the reader who asked the winning questions to find the answer together. Noozhawk’s objective is to come at questions from a place of curiosity and openness, and we believe a transparent collaboration is the key to achieve it.

The results of our investigation will be published here in this Noozhawk Asks section. Once or twice a month, we plan to do a review of what was asked and answered.

Thanks for asking!

Click Here to Get Started >

Support Noozhawk Today

You are an important ally in our mission to deliver clear, objective, high-quality professional news reporting for Santa Barbara, Goleta and the rest of Santa Barbara County. Join the Hawks Club today to help keep Noozhawk soaring.

We offer four membership levels: $5 a month, $10 a month, $25 a month or $1 a week. Payments can be made through PayPal below, or click here for information on recurring credit-card payments.

Thank you for your vital support.

Maestro, Mastercard, Visa, American Express, Discover, Debit

Reader Comments

Noozhawk is no longer accepting reader comments on our articles. Click here for the announcement. Readers are instead invited to submit letters to the editor by emailing them to [email protected]. Please provide your full name and community, as well as contact information for verification purposes only.

Daily Noozhawk

Subscribe to Noozhawk's A.M. Report, our free e-Bulletin sent out every day at 4:15 a.m. with Noozhawk's top stories, hand-picked by the editors.

Sign Up Now >

Meet Your Realtor Sponsored by Village Properties

Photo of Dianne and Brianna Johnson
Dianne and Brianna Johnson
"We are committed to making our clients feel special by providing the concierge level service they deserve."

Full Profile >