Melberth Capital

Melberth Capital provides ongoing portfolio management services to individual and high-net-worth clients, preparing an Investment Policy Statement for each client and offering both discretionary and non-discretionary management with no stated account minimum. The firm tailors programs through an initial interview and may use model allocations, while allowing clients to impose investment restrictions (and reserving the right to end the relationship if restrictions prevent proper servicing).

The firm’s stated approach combines charting, cyclical, fundamental, modern portfolio theory and technical analysis and implements a long-term trading strategy, with primary recommendations in ETFs and equities and optional use of fixed income, REITs, annuities, precious-metal ETFs, private placements and venture capital. The brochure indicates the firm seeks discretionary authority to execute transactions and reviews accounts at least monthly.

Several features are notable relative to peers: the brochure requires clients to custody assets at Schwab Institutional and describes potential receipt of research and other “soft-dollar” benefits from Schwab, and fees are collected in advance (creating limited custody when fees are deducted). The brochure also discloses the firm’s sole advisor is a registered representative of Aegis Capital and an investment adviser representative with another advisory firm and may accept commissions for sales, a conflict the firm says it will document and disclose to clients.