MH
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Melissa Hexum

22 Years of Experience
Fergus Falls, MN
Broker

Melissa Hexum is a registered investment advisor at LPL Financial LLC, based in Fergus Falls, MN, with 22 years of industry experience. Their practice areas include Investment Management. Their firm serves 1,676,192 clients with $620B in assets under management.

Compensation
Commission-BasedFee-Only (% of Portfolio)Fixed/Hourly
Firm Size
27420 advisors
Number of Clients
1,676,192 clients
Average Client Portfolio
$369K average
Assets Under Management
$618.9B

Fee Structure

Minimum Investment:$1K
Investment management only (planning not offered)

LPL Financial, along with your advisor, charges an annual fee based on the value of your account. This fee covers asset management, administrative, and custodial services. The fee is negotiable, but the maximum is 2.50% per year, paid quarterly in advance. LPL may share a portion of this fee with your advisor.

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Location

205 West Washington Ave, Fergus Falls, MN, 56537

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History

Regulatory History
Clean regulatory record

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.

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Other Business Activities

Melissa operates her LPL business under the DBA Bell Investments and works as a VP/Wealth Advisor at Bell Bank. She also works as a fitness instructor at Patty Natties in Fergus Falls, MN, but this is not investment-related and takes minimal time.

Employment History
Current Registrations
LPL Financial LLC
February 2017 - Present · 9 yrs 3 mos
LPL Financial LLCBroker
February 2017 - Present · 9 yrs 3 mos
Previous Registrations
Cetera Investment Advisers LLC
January 2014 - February 2017 · 3 yrs 1 mo
Cetera Investment Services LLC
December 2013 - January 2014 · 1 mo
Cetera Investment Services LLCBroker
October 2013 - February 2017 · 3 yrs 4 mos
Invest Financial CorporationBroker
October 2003 - October 2013 · 10 yrs
State Registrations23 states
AKARAZCACOFLHIIAIDKYMIMNMTNDNENVOHOKORSCSDTXWI
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.