David Melchor is a registered investment advisor at The Sum, based in League City, TX, with 16 years of industry experience. David operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Business Owners, Education Planning, Estate Planning, Financial Planning & Coaching, and 5 more. Their firm serves 209 clients with $550M in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
The Sum charges a flat investment management fee of $2,000 annually per household, paid monthly in arrears. This fee is in addition to the comprehensive financial planning fee, and the firm does not offer standalone investment management without a comprehensive financial planning engagement.
Location
2600 South Shore Blvd., Suite 300, League City, TX, 77573
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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 Activities
David is a board member of the Finance Advisory Board with the University of Houston Clear Lake, assisting with ideas and career path development for finance students. This activity requires a few hours per week.
Employment History
Current Registrations
The Sum
Previous Registrations
Strategic Advisers LLC
Fidelity Personal and Workplace Advisors
Strategic Advisers LLC
Fidelity Brokerage Services LLCBroker
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.
Exams
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