Overview of Services

At Mellen Money Management we provide a variety of services and structure our offerings in a way that emphasizes ensuring your best interests stay top of mind. Pick 1 of the 4 services listed below. If you are a comprehensive financial planning client, the investment management fee of 1% is completely waived. Our ideal client is someone who values our collaborative process and understands the benefits of working with an independent fee-only Certified FInancial Planner®.

Don't forget to check our FAQ section to better understand what's right for you.

 
 
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Comprehensive Financial Planning

SERVICES

  • Investment management
  • Retirement planning
  • Student loans
  • College planning
  • Budgeting and debt management 
  • Optimize company benefits
  • 401(k)s, IRAs. Roth IRAs
  • Stock options
  • Business planning
  • Tax planning
  • Life and disability insurance 
  • Long-term care
  • Risk management
  • Real estate and 1031 exchanges
  • Estate plan overview
  • Referrals to CPAs, attorneys

3 Meetings to get started

  1. Gather data, get organized, and set goals 
  2. Review analysis and recommendations
  3. Onboarding and service, implement plan 

* Meet 1-4 times per year for ongoing services

Value of Advice - click here

Cost Structure

  • Plan implementation fee = $500 - $1,500
  • Ongoing services start at $150/month  and increases based on net worth at the following rates: 
    • 075% on the first $1,000,000
    • 0.50% anything above $1,000,000 
  • Monthly fee is eligible to be paid from investments starting at $150,000

 
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Investment management

Services

  • Portfolio construction, allocation, rebalancing, and oversight
  • Review basic goals risk tolerance, and investment objectives 
  • Quarterly performance reports and individual securities analysis
  • 1-2 meetings per year

Cost structure

  • 1% of assets under management 
    • 0.25% deducted quarterly from TD Ameritrade account(s)
  • Fee is negotiable for amounts above $500,000

 

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Hourly Consultations

Services

Short-term engagements and on-demand consulting. Services may include, but are not limited to the following: investments, retirement, budgeting, debt, college, and employee benefits.

Cost Structure

  • $250/hour
  • Hourly total can be applied towards the upfront costs should a client upgrade to our comprehensive planning services mentioned above

 
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Student loan Planning

Services

  • Help determine most effective way to pay down student debt
  • Goal is to minimize interest costs and/or monthly payments
  • Evaluate debt forgiveness options versus refinancing
  • Incorporate payment plan with other cash flow needs

cost Structure

  • Individual borrowers -- $495 flat fee or $50/month for 12 months
  • Two borrowers -- $695 flat fee or $70/month for 12 months