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LM
CFP
LM
CFP

Luke Melms

Newedge Advisors
11 Years of Experience
Fort Lauderdale, FL
1 DisclosureSells Insurance
View SEC Summary
View SEC Summary

Luke Melms is a CFP-designated registered investment advisor at Newedge Advisors, based in Fort Lauderdale, FL, with 11 years of industry experience. Luke operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Alternative Investments, Business Owners, Charitable Giving, Corporate Executives, and 9 more. Their firm serves 49,898 clients with $43B in assets under management.

Newedge Advisors
Compensation
Fee-Only (% of Portfolio)Fixed/Hourly
Firm Size
605 advisors
Number of Clients
49,898 clients
Average Client Portfolio
$866K average
Assets Under Management
$43.2B

Fee Structure

Minimum Investment:$10K
Planning is included in investment management (also available separately)
Portfolio-Based Fees (Tiered)
Portfolio ValueAnnual Fee
Up to $1.0M2.25%
$1.0M - $2.0M2.00%
$2M+1.75%

Schedule reflects the primary Equity and Balanced Advisors Choice program. The firm imposes a maximum annual fee of 1.75% for new accounts opened after December 31, 2025, though older accounts may have rates up to 2.50%. Additional program schedules exist for fixed income, mutual fund strategies, and third-party manager programs. Fees are negotiable.

Fee Estimator
Your Portfolio Value
$500K
$0$500K$1M$5M$20M
Estimated Annual Fee
—
View Full SEC Brochure

Location

500 East Broward Boulevard, Suite 900, Fort Lauderdale, FL, 33394

Get directions

History

Regulatory History (1)
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.
Customer Dispute
September 2020
Denied
View Full SEC ReportHow to Read Disclosures
Other Business ActivitiesSells Insurance

Luke owns Baseball and Business, a website and podcast network, spending a few hours per week on general management. He is also an Investment Advisor Representative with NewEdge Advisors, LLC, dedicating all of his time during trading hours to this role.

Employment History
Current Registrations
Newedge Advisors
December 2023 - Present · 2 yrs 10 mos
Previous Registrations
United Capital Financial Advisors
July 2017 - November 2023 · 6 yrs 4 mos
Global View Capital Management, LTD
February 2014 - February 2016 · 2 yrs
State Registrations1 state
FL
Advisor

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.
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