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Melvin Jacobs

Sunbelt Securities
41 Years of Experience
Houston, TX
2 DisclosuresBroker
View SEC Summary
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Melvin Jacobs is a registered investment advisor at Sunbelt Securities, based in Houston, TX, with 41 years of industry experience. Melvin is also registered as a broker, so some compensation may come from commissions on products sold. Their practice areas include Education Planning, Estate Planning, Financial Planning & Coaching, Insurance Planning, and 3 more. Their firm serves 6,241 clients with $2.6B in assets under management.

Sunbelt Securities
Compensation
Fee-Only (% of Portfolio)Fixed/Hourly
Firm Size
63 advisors
Number of Clients
6,241 clients
Average Client Portfolio
$423K average
Assets Under Management
$2.6B

Fee Structure

Minimum Investment:$25K
Planning is included in investment management (also available separately)
Portfolio-Based Fees (Flat)
Portfolio ValueAnnual Fee
Any2.50%

Maximum fee is 2.50% of assets under management, charged monthly. Fees are negotiable.

Fee Estimator
Your Portfolio Value
$500K
$0$500K$1M$5M$20M
Estimated Annual Fee
—
View Full SEC Brochure

Location

2700 Post Oak Blvd, Ste 1700, Houston, TX, 77056

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History

Regulatory History (2)
What are disclosures? Advisors must report customer complaints, regulatory actions, and certain legal or financial events to the SEC. Not all disclosures are serious—many are settled disputes or minor violations. Learn how to evaluate them.
Employment Separation After Allegations
December 2017
Customer Dispute
November 2008
Settled
View Full SEC ReportHow to Read Disclosures
Other Business Activities

Melvin works as a Registered Representative under Sunbelt Securities, Inc. through Accumulus Advisors, dedicating full-time hours to this role. He also has several other business activities including real estate rentals, a holding company, and boat charter businesses, but these take minimal time.

Employment History
Current Registrations
Sunbelt Securities
December 2017 - Present · 8 yrs 10 mos
Sunbelt Securities, INC.Broker
December 2017 - Present · 8 yrs 10 mos
Previous Registrations
Merrill Lynch, Pierce, Fenner & Smith IncorporatedBroker
May 2009 - January 2018 · 8 yrs 8 mos
Merrill Lynch, Pierce, Fenner & Smith Incorporated
May 2009 - January 2018 · 8 yrs 8 mos
UBS Financial Services INC.Broker
March 2003 - May 2009 · 6 yrs 2 mos
UBS Financial Services INC.
March 2003 - May 2009 · 6 yrs 2 mos
Fahnestock & CO. INC.Broker
January 2003 - March 2003 · 2 mos
Oppenheimer & CO., INC.Broker
April 1988 - April 1995 · 7 yrs
Cibc World Markets CORP.Broker
March 1987 - January 2003 · 15 yrs 10 mos
Donaldson, Lufkin & Jenrette Securities CorporationBroker
April 1986 - March 1987 · 11 mos
The Stuart-James Company, INC.Broker
May 1985 - November 1985 · 6 mos
State Registrations10 states
ARCACOFLMONYOKTXWIWY
AdvisorBrokerBoth

You can work with an advisor not registered in your state. Most advisors can legally serve a small number of clients across state lines without registering.

Exams
No exam information available for this advisor.
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