Spend time in our Wayzata office and you’ll likely encounter the smiling face of Tim Baltzer. It was Tim that started and grew our practice over more than 20 years, and his love of working with clients has only grown since those early days!

Back in 1996, Tim was presented with the opportunity to start an investment advisory practice right in downtown Wayzata. It was there that he met Chris Stewart who would go on to become a foundational piece of the Monarch Wealth Advisors team.

Throughout his career, Tim has prioritized continuous learning. In 2011, he achieved his Chartered Retirement Planning Counselor® (CRPC®) designation, certifying his expertise in retirement planning and encapsulating areas such as estate planning, income taxes, long-term care, and investment strategy, in order to best serve clients preparing for retirement.

Tim’s heart for service leads him to serve clients with genuine joy and compassion. He enjoys building meaningful relationships and, as a result, has cultivated a culture of exceptional client service and employee empowerment within the company. 

His passion for helping others goes beyond the office and he volunteers his time to several causes, including educating local students on financial literacy and spending winters as an adaptive ski instructor. Come summertime, he enjoys spending time lakeside with his family and friends!

Chris Stewart came to his career as a financial advisor through his natural talent for analysis and a touch of serendipity. Over 25 years ago, he stopped in to chat with his family wealth advisor and walked out with a job! Chris spent those first few years in the financial industry honing his craft and learning the business in investment advisory. Shortly afterward, he met Tim Baltzer, and the two set out to combine their passions and skillsets in co-founding what is now known as Monarch Wealth Advisors.

In 2008, achieved his CFP designation, a testament to his commitment to his clients and career. Truly a numbers guy, Chris has spent countless hours intensely studying the market in order to best serve clients. In more recent years, he’s focused on creating and managing customized solutions that are designed to grow capital while managing the risk of losing it. Using his expertise and analytical perspective, he’s developed disciplined processes that aim to keep clients prospering and their wealth protected, even during difficult financial times.

When working with clients, Chris consistently strives to exceed expectations — he seeks to be approachable and responsive. As a result, he has developed close relationships with many; some of them he even considers close family friends. Driven by a passion for teamwork and an affinity for data, Chris works earnestly to create meaningful solutions that prosper clients and their families for years to come.

When not at the office, you might find Chris taking in the nature Minnesota has to offer while listening to some good tunes!

Ryan loves being the go-to guy when a difficult financial decision arises. He’s always had a knack for numbers. As a teen, he couldn’t wait to flip to the stocks page of the morning paper and decide where he’d invest his imaginary money each day.

Now, having been in the financial industry for nearly 20 years, Ryan serves as Monarch’s Branch Manager, leading the office’s day-to-day operations. In addition, he leads our research efforts and trading activities. He enjoys working with clients and supporting them through life’s changes.

Ryan has achieved designation as a Certified Financial Planner, recognizing a standard of excellence in the financial profession. He demonstrates an exceptional mastery of investment risk in portfolio management. He also maintains a Chartered Market Technician designation, considered the global standard in technical analysis. Ryan is literally a certified numbers guy!

Ryan and his wife live in Minnetrista with their two children. Outside the office, you can find him enjoying the outdoors with his family.

Josh Baltzer, CERTIFIED FINANCIAL PLANNER ™

Partner


Josh Baltzer is a second-generation financial planner whose naturally enterprising personality and approachable demeanor make him a strong asset to the Monarch team.

As a partner with the firm, Josh curates customized solutions for a diverse book of clients relative to their life stages and financial journeys. He works diligently to establish structured financial planning strategies, relaying them to clients with clarity and confidence in the Monarch process. 

In order to continue best serving clients, Josh became a CERTIFIED FINANCIAL

PLANNER™ professional. This certifies his advanced knowledge of the investment planning process, including retirement planning, tax-efficient strategies, insurance, and estate planning. In the office, he acts as a go-to resource for 401ks, solo 401ks, and other qualified retirement plans.

Josh plays an integral part in Monarch’s business planning and operational management, working behind the scenes while also meeting with clients. 

Josh enjoys spending his time outside the office exploring new places, golfing, fishing, mountain biking, snowboarding, and more. He shares his love for the outdoors in his volunteer work with the Courage Kenny Rehabilitation Institute. On summertime weekends, you’re likely to find him on Gull Lake with his friends, family, and canine companions.

Jolene's financial career began in 1986 soon after graduating from the University of Minnesota. As a Partner of Baltzer Wealth management Group, Jolene is instrumental in serving the goals of our clients in all areas of Wealth Management and has had the privilege of being a trusted advisor to families for over 30 years.

She believes that managing her client’s assets and financial affairs begins with helping them understand their relationship with money. This includes helping clients realize that the investment decisions that we make today will affect their financial future. She meets with her clients to review their plans as needed.

Jolene was born and raised in Minnesota and is a resident of Wayzata. She has two grown children, Natalie and Brian and loves spending time with family and friends at their family lake home in the Brainerd Lakes area. When she's not in the office, she enjoys playing competitive tennis and traveling.

Having a career in the financial industry has always been a goal for, Kendra. Over the past few years, she has designated her focus on growing her knowledge to lead her in her position today. The fire to be a part of this industry was ignited after a class she look in early years of college. Especially when she realized that her passion of helping others achieve their goals would be fulfilled.

She is one of our primary contacts you will reach at our office. Kendra strives on providing clients exceptional service that they can trust their requests will be completed with care. She is always open to go above and beyond to be sure that our client’s interest is at first priority. To continue her growth of knowledge and expertise, she has an avid goal of becoming licensed as a Registered Securities Representative in the early part of 2023.

Kendra’s day to day responsibilities vary but some examples include; client onboarding, assisting with Qualified Plan Rollovers, account transfers, assisting the advisors with meetings preparation, and greeting clients when coming into the office. Working with our clients is one of the most rewarding aspects of her position. She emphasizes that she feels very fortunate to work with a team that truly loves what they do.

In her free time, no matter the season, she will always find a way to stay busy. Either it’s spending time with friends and family, going to the lake, walking her Black Lab and Miniature Dachshund, trying new recipes or reading a good book.

Elise graduated from Grand Canyon University with her Bachelor’s degree in Business Management. She has worked in the financial industry since graduating in 2018. Her favorite part of working in this industry is being able to build relationships with clients and seeing them achieve their financial and personal goals.

As one of our Account Administrators, Elise’s day to day responsibilities range from overseeing our marketing division, assisting advisors with meeting preparation, account transfers, handling human , and greeting clients when coming into the office. Getting to know and work with our clients is one of her favorite parts of her job. She couldn’t ask to be a part of a better team!

When she’s not working, you can find her always on ‘the go’. Between traveling, spending time with friends and family, hiking with her Mini Goldendoodle, or cozying up with a good book, there’s never a dull moment.