Melone Private Wealth, LLC

RIASEC Registered
Total AUM
$313M
Discretionary
$262M
84% of AUM
Avg account
$1.9M
Accounts
165
Employees
4
Advisory reps
2

Firm details

Headquarters
Auburn Hills, Michigan
CRD number
311638
Registered since
December 9, 2020
Custodians
LPL FINANCIAL LLC
Fee structure
Percentage of AUM, Hourly Charges, Fixed Fees
Client types
  • HNWI73.63%
  • Pension & Profit Sharing Plans16.29%
  • Individuals10.08%
Services
Financial PlanningPortfolio Management for IndividualsPension Consulting

Firm profile

FINTRX

Overview

Melone Private Wealth, LLC is an independent registered investment adviser that signed on with the SEC in 2020. Structured as a limited liability company owned by an individual, the firm provides financial planning and portfolio management services targeted at individuals, families and small-business owners, and it also serves some institutional clients. Fee arrangements include a percentage-of-AUM model as well as hourly and fixed-fee engagements, reflecting a mix of ongoing discretionary relationships and project-based work. The firm’s practice emphasizes advisory and planning work rather than acting as a capital allocator or manager of pooled investment vehicles.

Assets & Accounts

Public Holdings

Investments & Alternatives

Investment profile

FINTRX

Traditional investments used

Alternative investments used

Active ESG investor

Technology & operations

FINTRX

CRM & tech providers

TAMPs used

Clients

FINTRX

Client base

Client personas

Asset composition

Asset composition: Public Funds/Mutual Funds 98%, Cash & Cash Equivalents 2%98%
  • Public Funds/Mutual Funds98%
  • Cash & Cash Equivalents2%

Contacts

2 of 2
  • Branden Carney

    Branden Carney

    Wealth PlannerCRD 6764743

  • Louis Melone

    Louis Melone

    Managing MemberCRD 2700797

Wealth teams

FINTRX

Newly hired reps

FINTRX

Recent M&A activity

FINTRX

Recent filings

FINTRX

Awards

FINTRX

ETF holdings

1 of 55

Active vs passive

$284M in ETFs

Passive

76%

$214M

Active

25%

$69.5M

ETFProviderStyleCategoryValueShares% of portfolio
CAPITAL GROUP DIVIDEND VALUE ETF (CGDV)Capital GroupActiveLarge Value$18.2M373,4876.44%

Location

Primary office

Auburn Hills, MI

Oakland

Location

Auburn Hills, MI

Headquartered in Auburn Hills, MI, anchoring the Detroit-Warren-Ann Arbor, MI metro in the Midwest.

Metro area
Detroit-Warren-Ann Arbor, MI
Region
Midwest
County
Oakland
Address
3121 University Dr
Time zone
ET (UTC-5)
Office locations

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