Melia Wealth LLC
Answer a few questions and
get matched with an advisor.
Learn more about Melia Wealth LLC
Overview
Melia Wealth LLC operates as an advisory company based in Tulsa, Oklahoma. The firm administers $409.4 million in assets under management throughout 1,355 accounts, placing it among the bigger firms in the country by assets under management (AUM). The company has a small team, including 4 financial advisors. Melia Wealth LLC is not a registered broker-dealer, meaning it cannot buy and sell securities for its accounts and those of its customers and instead must go through a broker-dealer company to do so. Securities are tradable financial assets such as equities, bonds and options.
Melia Wealth LLC administers all of its client assets on a discretionary basis. Discretionary management signifies that buy and sell choices are made by a portfolio manager without requiring the client's authorization. The investment advisory firm's typical account size is $302,162. The typical advisor at Melia Wealth LLC administers about 339 client accounts.
The firm's main office is located at 5424 S. Memorial Drive, Tulsa, Oklahoma 74145. It is legally permitted to serve customers throughout a few states, including Arkansas, Florida, Oklahoma and Texas.
Assets Under Management
Number of Advisors
Disclosures
Office Location
Melia Wealth LLC by the Numbers
$409.4 million
4
1,355
$302.2 thousand
Fee Structure
A financial advisor's fees usually are based on which services the firm provides the client. However, fees charged by the firm typically consist of the following fee structure: asset-based. Wrap fee programs, or the practice of bundling services for a single fee, are not provided by the firm.
Available
-
Offered by 69% of firms
Percentage of Assets
Unavailable
-
Find one of the 21% of firms that offer this fee type
Hourly
-
Find one of the 1% of firms that offer this fee type
Commissions
-
Find one of the 26% of firms that offer this fee type
Performance-based
-
Find one of the 0% of firms that offer this fee type
Subscription
-
Find one of the 32% of firms that offer this fee type
Fixed
-
Find one of the 10% of firms that offer this fee type
Other
Types of Clients
The company caters to retail investors, high net worth investors, charitable organizations and corporations. Out of its 1,355 customers, Melia Wealth LLC's largest client is retail investors, but it also serves 128 high-net-worth individuals. The SEC defines a high-net-worth individual as a person who has at least $750,000 in AUM or a net worth of more than $1.50 million or who counts as a "qualified purchaser" (a standard met by having at least $5 million in investments). None of the company's accounts are non-U.S. persons.
- High-Net-Worth Individuals* - 9.43%
- Other Individuals - 90.27%
- Corporations - 0.22%
- Charitable Organizations - 0.07%
* The U.S. Securities and Exchange Commission (SEC) defines a high-net-worth individual as someone who has at least $750,000 under management.
Find an advisor who will work directly with you
Sometimes a big firm may not be able to give you the one-on-one service that you need. That's where we come in to help match you with great personal financial advisors. Click here to find your advisor matches today.
Disclosures
Melia Wealth LLC does not have any disclosures.
Please visit its Form ADV for more details.
Find a financial advisor near you
If you're interested in working with an advisor closer to you, we can help you find one. Click here to find your advisor matches today.
The content in this profile was updated by SmartAsset on 4/16/2023. All advisor details come from publicly available data, and we cannot guarantee the accuracy of the content. We are unable to make individual profile updates. If you want your profile removed temporarily or permanently, please contact profile-compliance@smartasset.com.
The named financial professional and firm have not reviewed, approved, or endorsed this profile and are not responsible for its accuracy. Profile content is produced by SmartAsset independently of any business relationships that might exist between SmartAsset and the named financial professional and firm. Financial professionals and firms having business relationships with SmartAsset receive no special treatment or consideration in SmartAsset’s profiles.
This profile may include a firm or advisor that has a business relationship with SmartAsset, in which SmartAsset is compensated for lead referrals. SmartAsset is not a client of the aforementioned firms or advisors. SmartAsset did not receive compensation for including any of the firms or advisors in the aforementioned profile.
This page contains links to SmartAsset’s financial advisor matching tool, which may or may not match you with the advisor or firm mentioned in this profile. The matching tool does not include all available advisors and firms and matches based on specific criteria (investable assets, geography, and willingness to work with a remote advisor).
Certified Financial Planner Board of Standards, Inc. (CFP Board) owns the certification marks CFP® and CERTIFIED FINANCIAL PLANNER™ in the United States, which it authorizes the use of by individuals who successfully complete CFP Board’s initial and ongoing certification requirements.