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Melinda Meacham

26 Years of Experience
Ft. Lauderdale, FL
2 DisclosuresBrokerSells Insurance

Melinda Meacham is a registered investment advisor at Kovack Advisors, INC., based in Ft. Lauderdale, FL, with 26 years of industry experience. Melinda operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Estate Planning, Financial Planning & Coaching, Investment Management, Retirement Planning. Their firm serves 14,305 clients with $5.5B in assets under management.

Compensation
Fee-Only (% of Portfolio)Fixed/Hourly
Firm Size
259 advisors
Number of Clients
14,305 clients
Average Client Portfolio
$387K average
Assets Under Management
$5.5B

Fee Structure

Kovack Advisors charges an annual fee based on a percentage of the value of your investments. The maximum annual fee is 2.90%. Fees are negotiable and may be calculated as a flat percentage or on a tiered schedule. Fees are billed quarterly or monthly in advance. You are responsible for brokerage commissions and other transactional costs unless your advisor negotiates to cover ticket charges, which may result in a higher overall advisory fee.

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Location

6451 N. Federal Hwy, Suite 1201, Ft. Lauderdale, FL, 33308

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History

Regulatory History (2)
What are disclosures? Advisors must report customer complaints, regulatory actions, and certain legal or financial events to the SEC. Not all disclosures are serious—many are settled disputes or minor violations. Learn how to evaluate them.
Employment Separation After Allegations
May 2015
Customer Dispute
December 2005
Denied
Other Business ActivitiesSells Insurance

Melinda spends the majority of her time (90%) as a financial advisor focusing on securities through MCM Investments. She also dedicates minimal time to fixed insurance and long-term care sales.

Employment History
Current Registrations
Kovack Securities INC.Broker
August 2015 - Present · 10 yrs 9 mos
Kovack Advisors, INC.
August 2015 - Present · 10 yrs 9 mos
Previous Registrations
Stifel, Nicolaus & Company, IncorporatedBroker
September 2009 - June 2015 · 5 yrs 9 mos
Stifel, Nicolaus & Company, Incorporated
September 2009 - June 2015 · 5 yrs 9 mos
UBS Financial Services INC.
January 2001 - September 2009 · 8 yrs 8 mos
UBS Financial Services INC.Broker
January 2001 - September 2009 · 8 yrs 8 mos
American Express Financial Advisors INC.Broker
September 1999 - March 2001 · 1 yr 6 mos
Ids Life Insurance CompanyBroker
September 1999 - March 2001 · 1 yr 6 mos
State Registrations12 states
ARCACOFLKSMONCNEOKTXVAWY
AdvisorBrokerBoth

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.

Exams
No exam information available for this advisor.