Rakesh Mehta is a CFP-designated registered investment advisor at Mehta Money, LLC, based in South Bend, IN, with 22 years of industry experience. Rakesh 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 8 clients with $500K in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Mehta Money offers investment management services with fees that vary depending on the platform used. For accounts held at American Funds Service Company (AFS), fees range from 0.85% to 0.50% annually, depending on the amount invested. For annuity management, the fee is 1% annually. Mehta Money may also recommend third-party managers, whose fees are disclosed separately and are negotiable. Mehta Money receives a portion of the fees charged by the third-party managers as a referral fee.
Location
South Bend, IN
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
Rakesh is the President and an insurance agent at Mehta Wealth Strategies Inc. since 2006, focusing on insurance and fixed annuities, dedicating about half his time.
Employment History
Current Registrations
Mehta Money, LLC
Previous Registrations
First Heartland Consultants, INC.
First Heartland Capital, INC.Broker
P.J. Robb Variable CorporationBroker
Qa3 Financial LLC
Qa3 Financial CORP.Broker
Metlife Securities INC.
Metlife Securities INC.Broker
Metropolitan Life Insurance CompanyBroker
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.