Steven Melen
Steven Melen is a registered investment advisor at Independent Advisor Alliance, LLC, based in Larkspur, CA, with 31 years of industry experience. Steven operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Estate Planning, Financial Planning & Coaching, Insurance Planning, Investment Management, and 2 more. Their firm serves 34,127 clients with $14B in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
IAA offers asset management services where they manage your investments based on your goals, time horizon, and risk tolerance. The annual advisory fee is a maximum of 2.00% of the market value of your account, including cash holdings. This fee may also include financial planning and consulting services. The advisory fee is negotiable. Fees are billed quarterly in advance.
Location
Larkspur, CA
Get directionsHistory
Regulatory History (3)
Regulatory
April 2021Employment Separation After Allegations
March 2019Customer Dispute
December 2009Other Business Activities
Steven owns Red Frog Bungalows, a real estate rental business in Panama, and is a passive investor in Abbondanza Racing. He also works as a project manager for Peony Consulting LLC, a landscaping company, dedicating about 10-20% of his time to this role.
Employment History
Current Registrations
Independent Advisor Alliance, LLC
Previous Registrations
Nich Capital Partners, INC.
Nich Capital Partners, LLC
LPL Financial LLC
LPL Financial LLCBroker
Morgan Stanley
Morgan StanleyBroker
Morgan Stanley & CO. Incorporated
Morgan Stanley & CO. IncorporatedBroker
Charles Schwab & CO., INC.
Charles Schwab & CO., INC.Broker
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.