Charles Melka
Charles Melka is a CFP-designated registered investment advisor at Sequoia Wealth Management, LLC, based in Glen Ellyn, IL, with 33 years of industry experience. Charles operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Charitable Giving, Education Planning, Estate Planning, Investment Management, and 2 more. Their firm serves 1,550 clients with $510M in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Sequoia Wealth Management offers investment management services. The maximum annual advisory fee is 2.50%, but the actual fee will depend on the complexity of your situation. Fees are deducted from your account quarterly. Sequoia Wealth may recommend third-party money managers through platforms like LPL or AssetMark, with maximum fees described in the brochure. The firm also uses LPL-sponsored programs with fees up to 3.00%, except for the Guided Wealth Portfolios Program, which charges 1.00%.
Location
460 N. Main St., Suite 206, Glen Ellyn, IL, 60137
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Regulatory History (2)
Customer Dispute
October 2015Customer Dispute
May 2008Other Business ActivitiesSells Insurance
Charles services non-variable insurance trails, spending minimal time on this activity. He also operates under CPM Financial Services, Inc. as a DBA for his LPL business, dedicating full-time hours, and provides investment advisory services through Sequoia Wealth Management, LLC, spending a few hours per week.
Employment History
Current Registrations
Sequoia Wealth Management, LLC
LPL Financial LLCBroker
Previous Registrations
Level Four Advisory Services
Securian Financial Services, INC.
Securian Financial Services, INC.Broker
State Registrations17 states
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.