Louis Melone
Louis Melone is a CFP-designated registered investment advisor at Melone Private Wealth, LLC, based in Auburn Hills, MI, with 30 years of industry experience. Louis operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Financial Planning & Coaching, High Net Worth, Investment Management, Retirement Planning. Their firm serves 165 clients with $310M in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Portfolio-Based Fees (Tiered)
| Portfolio Value | Annual Fee |
|---|---|
| Up to $500K | 1.25% |
| $500K - $1.0M | 1.10% |
| $1.0M - $3.0M | 1.00% |
| $3.0M - $5.0M | 0.90% |
| $5.0M - $10.0M | 0.85% |
| $10.0M - $25.0M | 0.75% |
| $25.0M - $50.0M | 0.65% |
| $50.0M - $100.0M | 0.50% |
| $100M+ | 0.30% |
Fees may be negotiable. The total blended fee, including MPW's fee and the Independent Manager's fee, will not exceed 2.00% annually.
Fee Estimator
Location
3121 University Drive, Suite 180, Auburn Hills, MI, 48326
Get directionsHistory
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.
Learn about disclosures →Other Business ActivitiesSells Insurance
Louis sells insurance, dedicating about 10% of his time to this activity. He also acts in a fiduciary capacity for the Melone Private Wealth 401(k) Profit Sharing Plan, which takes nearly full-time hours, and is writing a book, dedicating a few hours per week.
Employment History
Current Registrations
Melone Private Wealth, LLC
Previous Registrations
LPL Financial LLCBroker
Budd, Melone & CO. LLC
Wells Fargo Advisors Financial Network, LLC
Wells Fargo Advisors Financial Network, LLCBroker
Citigroup Global Markets INC.Broker
Morgan Stanley Dw 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.