Hedge Fund Database

MELONE PRIVATE WEALTH, LLC

Adviser information for MELONE PRIVATE WEALTH, LLC last updated from Form ADV on January 16th, 2024. Select data displayed; additional Form ADV, Form D, Form 13F and other data is available from the Fincoded API.

Advisory Business

Type of Organization Limited Liability Company
Fiscal Year End DECEMBER
Legal Location Michigan, United States

Employees

Total Number of Employees 4
Investment Advisory/Research 2
Registered Broker-Dealer Representatives 0
Registered State Investment Advisers 2
Licensed Agents of an Insurance Company 2
No. of Firms/People that Solicit Clients 0

RAUM

Provides Management of Securities Portfolios Yes
Type Accounts RAUM
Discretionary 147 $177.1M
Non-Discretionary 8 $25.7M
Total 155 $202.8M

Clients

Type Number RAUM
Individuals 79 $32.1M
HNW Individuals 68 $145.0M
Banking or thrift institutions 0 $0
Investment companies 0 $0
Business development companies 0 $0
Pooled investment vehicles 0 $0
Pension and profit sharing plans 8 $25.7M
Charitable organizations 0 $0
State or municipal gov entities 0 $0
Other investment advisers 0 $0
Insurance companies 0 $0
Sovereign wealth funds and foreign official institutions 0 $0
Corporations or other businesses 0 $0
Other 0 $0
Type Number
No. of Non-RAUM Clients 0
No. of Non-U.S. Clients 0
No. of Financial Planning Clients 101-250

Services

Advisory Services Financial planningPortfolio management for individuals and/or small businessesPension consulting services
Compensation % of AUMHourly chargesFixed fees

Wrap Fee Program

Offers Wrap Fee Program Yes
Acting As RAUM
Sponsor 0
Portfolio Manager 0
Both for Same 177.1M
Portfolio Manager to Program Sponsor
MPW WRAP FEE PROGRAM MELONE PRIVATE WEALTH, LLC

Identifiers

SEC RIA File Number 801-119965
SEC ERA File Number 801-119965
SEC CIK Numbers 1905765
SEC CRD Numbers 311638
Legal Entity Identifier None

Principal Office

3121 UNIVERSITY DRIVE
SUITE 180
AUBURN HILLS
MI
United States
Monday - Friday, 8:30 AM - 5:00 PM
Tel: 877-293-5830, Fax: (248) 499-8721

Websites

www.meloneprivatewealth.com/ www.youtube.com/channel/uc78acjcydip8kkcj3sgfcgq/about www.linkedin.com/company/melone-private-wealth/

Chief Compliance Officer

LOUIS MELONE JR.
MANAGING PARTNER
3121 UNIVERSITY DRIVE
SUITE 180
AUBURN HILLS
MI
United States
Tel: (877) 293-5830
Fax: (615) 567-3086
(Full email address available in API data)

Industry Affiliates

None

Private Funds

Name Type Assets $USD Min Investment $USD No. Owners
None

Control Persons

Name Type Entity Title Since Ownership
MELONE, LOUIS, J Individual – MANAGING PARTNER AND CHIEF COMPLIANCE OFFICER 08/2019 > 75%

No. Employees, Historic

10502020202120222023202420254 on 11/12/20204 on 2/4/20214 on 9/1/20214 on 1/26/20224 on 5/6/20224 on 1/31/20234 on 2/8/20234 on 1/16/2024

RAUM, Historic

300M150M02020202120222023202420250 on 11/12/2020151000000 on 2/4/2021151000000 on 9/1/2021185000000 on 1/26/2022185000000 on 5/6/2022172820680 on 1/31/2023172820680 on 2/8/2023202782037 on 1/16/2024

No. Clients, Historic

20010002020202120222023202420250 on 11/12/2020109 on 2/4/2021109 on 9/1/2021120 on 1/26/2022120 on 5/6/2022149 on 1/31/2023149 on 2/8/2023155 on 1/16/2024

Holdings

From latest 13F, filed July 12th, 2024 for period ending June 30th, 2024
Name Class Value $USD # Shares Private Fund
BERKSHIRE HATHAWAY INC DEL CL B NEW 468K 1K –
BERKSHIRE HATHAWAY INC DEL CL A 2M 3 –
BLACKROCK MUN INCOME QUALITY COM 2M 167K –
BLACKROCK MUNIYIELD MICH QU COM 4M 377K –
DAVIS FUNDAMENTAL ETF TR SELECT US EQTY 627K 15K –
FIRST TR EXCHANGE TRADED FD NASDAQ CYB ETF 1M 25K –
HUNTINGTON BANCSHARES INC COM 655K 50K –
INVESCO TR INVT GRADE MUNS COM 2M 189K –
ISHARES TR CORE S&P SCP ETF 3M 29K –
ISHARES TR CORE S&P US GWT 618K 5K –
ISHARES TR CORE S&P US VLU 421K 5K –
ISHARES TR CORE S&P MCP ETF 573K 10K –
NUVEEN AMT FREE MUN CR INC F COM 899K 72K –
NUVEEN AMT FREE QLTY MUN INC COM 2M 208K –
NUVEEN MUN CR OPPORTUNITIES COM 6M 514K –
NUVEEN MUN HIGH INCOME OPPOR COM 6M 520K –
NUVEEN MUNICIPAL CREDIT INC COM SH BEN INT 9M 701K –
NUVEEN QUALITY MUNCP INCOME COM 1M 97K –
PROSHARES TR S&P 500 DV ARIST 531K 6K –
SPDR DOW JONES INDL AVERAGE UT SER 1 13M 32K –
SPDR INDEX SHS FDS PORTFOLIO EMG MK 4M 104K –
SPDR S&P 500 ETF TR TR UNIT 215K 395 –
SPDR SER TR PORTFOLIO AGRGTE 11M 426K –
SPDR SER TR S&P 600 SMCP VAL 5M 63K –
SPDR SER TR PORTFOLIO CRPORT 6M 193K –
SPDR SER TR NUVEEN BLOOMBERG 2M 61K –
SPDR SER TR PRTFLO S&P500 GW 10M 125K –
SSGA ACTIVE ETF TR BLACKSTONE SENR 321K 8K –
VANECK ETF TRUST HIGH YLD MUNIETF 2M 47K –
VANECK ETF TRUST FALLEN ANGEL HG 7M 233K –
VANGUARD BD INDEX FDS TOTAL BND MRKT 266K 4K –
VANGUARD INDEX FDS TOTAL STK MKT 569K 2K –
VANGUARD INDEX FDS SMALL CP ETF 422K 2K –
VANGUARD INDEX FDS MID CAP ETF 853K 4K –
VANGUARD INDEX FDS S&P 500 ETF SHS 1M 2K –
VANGUARD SCOTTSDALE FDS INT-TERM CORP 223K 3K –
WESTERN ASSET MANAGED MUNS F COM 2M 168K –
WISDOMTREE TR FLOATNG RAT TREA 8M 161K –
WISDOMTREE TR US HGH YLD CORP 680K 15K –
WISDOMTREE TR US SMALLCAP DIVD 4M 139K –
WISDOMTREE TR US TOTAL DIVIDND 8M 116K –
WISDOMTREE TR US QTLY DIV GRT 9M 121K –
WISDOMTREE TR US HIGH DIVIDEND 898K 11K –
WISDOMTREE TR US MIDCAP DIVID 16M 333K –
WISDOMTREE TR US LARGECAP FUND 526K 9K –
WISDOMTREE TR HEDGED HI YLD BD 215K 10K –
WISDOMTREE TR ITL HDG QTLY DIV 13M 289K –
WISDOMTREE TR EM EX ST-OWNED 662K 22K –