Melvin Gross
Melvin Gross is a ChFC-designated registered investment advisor at Osaic Wealth, INC., based in Houston, TX, with 54 years of industry experience. Melvin operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Business Owners, Education Planning, Estate Planning, Investment Management, and 1 more. Their firm serves 574,829 clients with $200B in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Osaic Wealth offers investment management through several platforms, including Advisor Managed Portfolios, Unified Managed Accounts, and Signator Managed Account Platform. Fees are negotiable and based on a percentage of the assets in your account. The fees cover advisory services, custodial services, and in some cases, transaction costs. Mutual funds and ETFs within these accounts have their own internal fees. Some programs have wrap accounts where all costs are bundled into one fee.
Location
4848 Loop Central Drive, Suite 1005, Houston, TX, 77081
Get directionsHistory
Regulatory History (2)
Customer Dispute
August 2005Customer Dispute
April 1995Other Business ActivitiesSells Insurance
Melvin is a Senior Associate at Advisors Financial Group, offering various insurance products including health, disability, long-term care, and life insurance, as well as annuities and health savings accounts. This activity takes about a quarter of his time, with about half of that time occurring during trading hours.
Employment History
Current Registrations
Osaic Wealth, INC.
Osaic Wealth, INC.Broker
Previous Registrations
Osaic Fs, INC.
Osaic Fs, INC.Broker
MML Investors Services, INC.
MML Investors Services, INC.Broker
American General Securities Incorporated
American General Securities IncorporatedBroker
Ogilvie Security Advisors CorporationBroker
Jefferson Pilot Securities CorporationBroker
Sun Investment Services CompanyBroker
State Registrations5 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.