Melissa Mendenall
Melissa Mendenall is a registered investment advisor at Wealthspan Investment Management, LLC, based in Lexington, SC, with 6 years of industry experience. Melissa operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Financial Planning & Coaching, Insurance Planning, Investment Management, Retirement Planning, and 1 more. Their firm serves 294 clients with $79M in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Wealthspan Investment Management charges a fee based on the value of your investments. The fee varies depending on the model portfolio your investments are placed in, and the fee is tiered, meaning the rate is applied to each value range. The total fee you pay includes Wealthspan's management fee and a fee paid to your investment advisor representative, which is a maximum of 1.25%. The fees are calculated and billed monthly.
For investments managed by a sub-adviser, the annual management fee is up to 0.60%, and the investment advisor representative may charge up to 1.25% on top of that, with the total fee not exceeding 2.00%.
Location
127 Library Hill Ln, Suite A, Lexington, SC, 29072
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Regulatory History
No disclosures, customer disputes, or regulatory actions on file.
Disclosures include customer complaints, regulatory actions, and other events that advisors must report to the SEC. A clean record means none have been reported.
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Melissa is a tax preparer/CPA providing tax preparation services, dedicating about 10-20% of her time. She also works as a controller for a real estate development firm (nearly full-time) and owns multiple commercial building rental properties, dedicating minimal time to each.
Employment History
Current Registrations
Wealthspan Investment Management, LLC
Previous Registrations
Formula Folio Investments
Brookstone Wealth Advisors, LLC
State Registrations1 state
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.