Michael Mellberg Investment Advisor
Updated today
Data sourced from SEC public records (and other sources when available). Refreshed weekly • Updated today.
Client assets under management
$6,744,124
Clients
11
18% high-net worth
Advisors
1
of 1 employees
Firm type
Independent
1 advisor
Fewer clients per advisor generally means more personalized, proactive service. Higher ratios may reflect streamlined models or lower minimums.
Clients per advisor
11
LowAverage account size
$613,102
About
The firm provides discretionary portfolio management and general financial planning to individuals, high‑net‑worth individuals, corporations, business entities, and pension plans. Services are offered both as ongoing portfolio management (with implementation and trade execution delegated to a third‑party registered investment adviser) and as standalone financial planning and consulting engagements.
Its investment approach follows principles of Modern Portfolio Theory with a passive, asset‑class implementation using broadly diversified mutual funds and exchange‑traded funds (including strategies implemented with Dimensional and Vanguard funds), with periodic rebalancing. Client accounts are managed on a discretionary basis under a limited power of attorney and are custodied through institutional arrangements that the firm and its sub‑advisor use for trade execution and back‑office support.
A distinctive feature of the firm is its affiliation with an operating CPA practice, which may lead to recommendations for accounting or tax services and is disclosed as a potential conflict of interest; clients are not required to use the affiliated accounting services. The firm also discloses economic relationships with its sub‑advisor and participation in an institutional custodian program (including breakpoint discounts and other benefits), which it says are considered and disclosed as part of its fiduciary obligations.
Client services
Financial planning
Portfolio management
Expertise
General retirement planning
General tax planning
Wealth management
Passive / index investing
Fee options
$0 - $99,999: 1.50% annually $100,000 - $199,999: 1.30% annually $200,000 - $499,999: 1.00% annually $500,000 - $749,999: 0.90% annually $750,000 - $999,999: 0.80% annually $1,000,000 - $1,999,999: 0.70% annually $2,000,000 - $2,999,999: 0.60% annually $3,000,000 - $3,999,999: 0.50% annually $4,000,000+: 0.40% annually
$350 per hour
Main office location
Michael Mellberg Investment Advisor
1755 East Plumb Lane, Suite 216
Reno NV 89502, United States
Number of offices
1
Most active in
Michael Mellberg Investment Advisor has reported serving >5 clients in these states in the last 12 months.
Nevada
Disclosures
Firm disclosures are reported in Form ADV Part 1A, Item 11. They include criminal charges, regulatory actions, civil proceedings, and professional disciplinary events involving the firm or its advisory affiliates.
Exclamation point means they have disclosures of this type. Check mark means no disclosures of this type were found.
Business activities & affiliations
These affiliations may expand the services this firm offers and, in some cases, how they are compensated.
Is active or affiliated with:
Accountant / CPA / tax prep
They offer tax and accounting services, typically for separate fees.
Is not active or affiliated with:
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Insurance agent
They sell insurance products and may earn commissions on those sales.
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Broker-dealer / trader
They provide brokerage services and may earn transaction-based compensation in addition to advisory fees.
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Bank
They're affiliated with a bank that may offer its own financial products and services.
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Trust company
They provide trust and estate administration services, typically for separate fees.
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Fund sponsor
They manage or sponsor investment funds and may earn management or performance-based fees if clients invest in them.
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Lawyer
They provide legal services, typically billed separately.
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Real estate agent
They facilitate real estate transactions and may earn commissions.
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Other specialized services
They may provide services such as pension consulting or municipal advisory work, typically for separate fees.
Forms ADV
Quick links
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