BBB Accredited Business Profile

Monotelo Advisors

Monotelo Advisors

(312) 757-5151

Monotelo Advisors

6 years in business
2205 Point Blvd
Ste 175
Elgin, IL 60123-7808
Additional Phone Numbers
  • (847) 923-9015
Additional Email Addresses
BBB File Opened: 04/18/2012
Business Started: 04/29/2011
Business Started Locally: 04/29/2011
Business Incorporated: 04/29/2011 in IL
Type of Entity
Business Management
  • Mr. Jim Richter, Owner
Business Category
  • Tax Return Preparation
  • Financial Planning Consultants
  • Financial Services
  • Investment Management
  • CPA
  • Accountant
  • Accounting
  • Payroll Services
  • Tax Reporting Service
  • Tax Consultant
  • Tax Enrolled Agent

Service Area
We service the following area(s): City of Chicago - West Side, West Suburbs (Kane & DuPage)
Alternate Business Names
  • Monotelo Advisors, Inc
  • Monotelo Advisors, Inc
Licensing, Bonding or Registration
This business is in an industry that may require professional licensing, bonding or registration. BBB encourages you to check with the appropriate agency to be certain any requirements are currently being met.
BBB accredited business



Monotelo Advisors is a tax and wealth management firm located in Chicago and Elgin, IL that serves individuals throughout the United States. The name Monotelo comes from the Greek words “Monos” (meaning ONE) and “Telos” (meaning MISSION or PURPOSE).

Monotelo’s one mission is: To make a difference with meaningful and actionable financial solutions that positively impact their clients’ lives.

Whether it’s something as basic as a tax planning strategy that increases a family’s cash flow to help ease their financial burdens, or something as complex as a structured financial vehicle that helps a wealthy entrepreneur retain a higher percentage of their earned income, Monotelo exists to make a difference with tax and financial expertise that positively impact people’s lives.

Visit to learn more about their services or contact the company at to schedule a tax or planning conversation.

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BBB Reason for Ratings

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Business Profile

Licensing information is provided in the BBB Business Profiles to inform the public about industries that may require professional licensing, bonding, or registration. Better Business Bureau encourages you to check with the appropriate agency to be certain any requirements are currently being met.
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BBB reports on known significant government actions involving the business's marketplace conduct.
BBB reports on a company that is out of business for one year from the date the company closes its doors or ceases to do business.
BBB reports on unauthorized use of the Better Business Bureau's name and/or logo for as long as the business continues to use it in any advertising, or for one year after the business ceases any repeated unauthorized uses.
BBB reports on a business’s bankruptcy as long as the business remains in bankruptcy.
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Monotelo Advisors

Monotelo Advisors


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