Melby Wealth Management, LLC at a glance
- One of 180 fee-only firms based in Tennessee in the Wellspent graph.
- 1 advisor is listed here, who holds the CFP.
- Its Form ADV reports 1 employee and 87 individual clients, 8 of them high net worth.
- Its average account is about $71,000 (assets it manages divided by its 263 accounts).
- Its ongoing planning fee starts at $4,000 a year, in line with the Tennessee median of $4,200.
- Its website says it's taking new clients.
- It works with clients virtually as well as in person.
Fee-only advisors in Tennessee · What fee-only advisors charge in Tennessee
Facts
| Based in | Nashville, Tennessee |
|---|---|
| Website | melbywealth.com |
| [email protected] | |
| Phone | (615) 891-5444 |
Questions about Melby Wealth Management, LLC
How much does Melby Wealth Management, LLC charge?
Melby Wealth Management, LLC publishes these prices: ongoing planning: from $4,000 a year; one-time plan: from $4,000; asset-based fee: 0.75% a year on the first tier of assets. We found this on its website, checked October 28, 2026.
Does Melby Wealth Management, LLC have an account minimum?
No. Melby Wealth Management, LLC says it has no account minimum. We found this on its website, checked October 28, 2026.
How is Melby Wealth Management, LLC paid?
Melby Wealth Management, LLC's Form ADV says it is paid by: percentage of assets, hourly, fixed fees.
How many advisors does Melby Wealth Management, LLC have in the Wellspent public graph?
The Wellspent public graph lists 1 advisor at Melby Wealth Management, LLC.
What is the average account at Melby Wealth Management, LLC?
Melby Wealth Management, LLC's average account is about $71,000. That's the assets on its Form ADV divided by its 263 accounts.
What does Melby Wealth Management, LLC specialize in?
Melby Wealth Management, LLC's advisors and website list equity compensation, small business owners and student loans.
Is Melby Wealth Management, LLC accepting new clients?
Yes, according to Melby Wealth Management, LLC's website, checked October 28, 2026.
Does Melby Wealth Management, LLC work with clients virtually?
Yes. Melby Wealth Management, LLC's website says it works with clients virtually.
Melby Wealth Management, LLC fees
What the firm's own website says it charges, checked October 28, 2026. We keep a price only when the exact words stating it appear on the page.
| Ongoing planning | From $4,000 a year |
|---|---|
| One-time plan | From $4,000 |
| Asset-based fee | 0.75% a year on the first tier of assets |
| Account minimum | None |
| How it charges | Percentage of assets · Ongoing planning fee · One-time plans or projects |
In the firm's words
"One-Time Engagement $4,000 Due at signing of the agreement" source
"Ongoing Engagement $4,000 + $333.33/mo" source
"Investment management: 0.75% of assets under management" source
"Is there an account minimum? No." source
For comparison, fee-only firms that publish prices charge a median of $4,500 a year for ongoing planning, $2,000 for a one-time plan, $300 an hour, or 1% of assets. See the fee report.
What its SEC filing says
| Paid by | Percentage of assets · Hourly · Fixed fees |
|---|---|
| Assets managed | $19 million |
| Individual clients | 79 |
| High-net-worth clients | 8 |
| Accounts managed | 263 |
| Employees | 1 |
| Planning clients | 26-50 |
| Financial planning | Offered |
| Form ADV filed | March 27, 2026 |
| SEC record | CRD 300147 |