Our story

Mellen Money Management is an independent fee-only financial planning firm specializing in college-specific consulting and student loan repayment advice. We have spent our careers learning the world of personal finance inside and out and are here to help a new generation plan for their future and the future of their growing families. Our focus is on helping clients manage and optimize key milestone events to enhance their overall financial health. More specifically we help families and young professionals balance the burden of paying for college while accomplishing other financial goals, thereby allowing our clients to live a better life. We emphasize college planning because today's tuition rates make the cost equally as important to plan for as retirement.


The firm was named after Scott's grandparents, who helped pave his way to an affordable college education. Without their generosity, Scott would have been stuck climbing out of student debt like many young professionals are today. Scott's grandparents' lifetime of generosity has inspired and shaped this organization, and, hoping to follow in their footsteps, Scott is working to make the cost of higher learning easier to manage. So that their legacy is always remembered, Mellen Money Management pledges to donate a percentage of company profits to organizations that share our mission of making higher learning more affordable for future generations.

company mission

Taking it a step beyond comprehensive financial planning services, our mission is to help professionals and families avoid getting whacked by the buzzsaw we call the Game of Loans. Student loans of course. Once the root of your financial problem is solved, other goals like buying a house or saving for retirement can be managed with a greater sense of confidence, allowing you to take control and start living a more financially independent life. 


A fee-only fiduciary is held to a higher standard of putting their client's best interests first. What this means is Mellen Money Management does not "sell" a product to generate a commission or hit a monthly quota. In addition, any conflicts of interest must be disclosed. The fee you pay is just that, a transparent way of doing business. In other words, our clients have a trusted advisor they can confidently rely upon to do the right thing. Furthermore, prospective clients can rest assured in knowing they get the opportunity to receive an objective second opinion.


College planning and student loans are just the tip of the iceberg in terms of what we do for our clients. We pride ourselves in our ability to help manage all facets of your financial plan. More specifically, we focus on helping our clients with the following:




tax planning

insurance needs analysis


We take a comprehensive look at your financial path and determine where we can best add value. At the end of the day, our goal is to increase your overall net worth.

* Since officially opening for business in December, 2016, we have already donated $200 to the VIN Foundation -- as of May, 2017.  We hope this contribution helps VIN's mutual mission of making an education in Veterinary Medicine a less costly proposition than it is today.