Meld Financial provides financial planning, portfolio management for individuals and small businesses, portfolio management for institutions, pension consulting, selecting other managers, and educational seminars.
Meld Financial reports 1,130 clients. They include 827 individual clients, 287 high-net-worth individuals, and 10 corporations and other businesses. Of its assets, 100.0% ($776M across 1,942 accounts) are managed with discretion.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 73% | 33% |
| High-net-worth individuals | 25% | 62% |
| Charitable organizations | <1% | <1% |
| State or municipal government entities | <1% | <1% |
| Corporations and other businesses | <1% | 4% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 827 | $256M | 32.9% | $309K |
| High-net-worth individuals | 287 | $485M | 62.5% | $1.69M |
| Charitable organizations | Fewer than 5 | $2.95M | 0.4% | $1.48M |
| State or municipal government entities | Fewer than 5 | $3.37M | 0.4% | $842K |
| Corporations and other businesses | 10 | $29.4M | 3.8% | $2.94M |
| Total | 1,130 | $776M | 100% | — |
- Clients
- 827
- Regulatory AUM
- $256M
- AUM share
- 32.9%
- Avg. per client
- $309K
- Clients
- 287
- Regulatory AUM
- $485M
- AUM share
- 62.5%
- Avg. per client
- $1.69M
- Clients
- Fewer than 5
- Regulatory AUM
- $2.95M
- AUM share
- 0.4%
- Avg. per client
- $1.48M
- Clients
- Fewer than 5
- Regulatory AUM
- $3.37M
- AUM share
- 0.4%
- Avg. per client
- $842K
- Clients
- 10
- Regulatory AUM
- $29.4M
- AUM share
- 3.8%
- Avg. per client
- $2.94M
Total
- Clients
- 1,130
- Regulatory AUM
- $776M
- AUM share
- 100%
- Avg. per client
- —
- Clients outside the U.S.
- 0%
- Clients advised without assets under management last fiscal year
- 0
- Private funds advised
- 0
- Financial planning clients last fiscal year
- 0
Meld Financial charges up to 1.50% a year for its Portfolio Management Services. The fee is billed in advance and is negotiable. The brochure also prices 3 other services, listed under fee details.
Fee details and sources
Other fees
- Financial Planning Services
- Financial planning is a fixed fee that generally ranges up to $2,500, billed 100% or 50% in advance or on completion of deliverables; negotiable.
- Individual Consultations
- Individual consultations are billed at an hourly fee of $250, negotiable, with 50% payable in advance.
- Pension Consulting Services
- Pension consulting is billed as a percentage of account assets: 1.50% up to $250,000, 1.25% from $250,001 to $500,000, 1.00% from $500,001 to $1,000,000, and negotiable above $1,000,000.
Kyle Whittington owns 75% or more of Meld Financial. The leadership team of Meld Financial includes President Kyle Whittington and Chief Compliance Officer Holly Criss. It has 15 employees, 10 of them in advisory roles.
Leadership
Kyle WhittingtonManaging Partner/President- Holly CrissChief Compliance Officer
James CornehlsenPartner
Blake MayPartner
Investment adviser representatives
10 representatives listed in the SEC register as of 9 October 2026.
Staff
- 15 employees
- 10 in advisory functions
- 10 state-registered reps
- 1 insurance agent
- Owns 75% or more of Meld Financial, Inc.
Kyle Whittington
Control person · since January 2007
- Owns 10% to 25% of Meld Financial, Inc.
Blake May
Control person · since January 2022
- Owns 5% to 10% of Meld Financial, Inc.
James Cornehlsen
since January 2018
Meld Financial’s regulatory assets grew 1.8× from $427M (March 2021) to $776M (March 2026); clients rose from 643 to 1,130 and employees from 10 to 15.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | Employees | Offices |
|---|---|---|---|---|
| March 2026 | $776M | 1,130 | 15 | 3 |
| July 2025 | $690M | 1,058 | 15 | 3 |
| March 2024 | $594M | 1,001 | 11 | 3 |
| June 2023 | $512M | 870 | 13 | 3 |
| March 2022 | $586M | 666 | 11 | 3 |
| March 2021 | $427M | 643 | 10 | 2 |
Besides its headquarters, Meld Financial has 2 offices (1 private residence, listed without an address), with 2 listed addresses in Alabama and Georgia.
Alabama · 1 listed address
- 3008 Pump House RD., BirminghamHQ
Georgia · 1 listed address
- 800 Brookstone Centre Parkway, Columbus
Other business names
Meld Financial has reported 1 other business name to the SEC.
- Brookstone Wealth Management
Contact and registration details
- Legal name
- Meld Financial, Inc.
- Headquarters
- 3008 Pump House RD., Birmingham, AL 35243
- Website
- meldfinancial.com
- Phone
- 205-967-4200
- @1658895
- SEC file
- 801-62981
- Structure
- Alabama corporation
- Fiscal year end
- December
Meld Financial uses Fidelity ($761M) as custodian for its separately managed accounts. Meld Financial does not have custody of client assets.
- FidelityFidelity Brokerage Services LLC · Smithfield, RI · $761M100%
At year end, Meld Financial’s separately managed accounts were mostly in funds (54%) and stocks (18%).
What the accounts hold
- Stocks18%
- Funds54%
- Bonds16%
- Investment grade corporate bonds12%
- State and local bonds2%
- U.S. government and agency bonds1%
- High-yield corporate bonds1%
- Cash12%
How many clients does Meld Financial have?
Meld Financial has 1,130 clients and manages $776 million for them, as of March 2026. They include 827 individual clients, 287 high-net-worth individuals, and 10 corporations and other businesses.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 24 March 2026
What services does Meld Financial offer?
Meld Financial provides financial planning, portfolio management for individuals and small businesses, portfolio management for institutions, pension consulting, selecting other managers, and educational seminars.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
How much does Meld Financial charge?
Meld Financial charges up to 1.50% a year for its Portfolio Management Services. The fee is billed in advance and is negotiable.
Which custodians does Meld Financial use?
Meld Financial’s separately managed account assets are held at Fidelity Brokerage Services LLC (Smithfield, RI), with $761M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 24 March 2026
How many financial advisors does Meld Financial have?
Meld Financial has 10 investment adviser representatives registered with state securities authorities, out of 15 employees, and 10 perform investment advisory functions. 0 employees are registered representatives of a broker-dealer and 1 employee is a licensed insurance agent.
Source: Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file
What does Meld Financial invest in?
At the end of its last fiscal year, Meld Financial’s separately managed accounts held 54% registered funds (mutual funds, ETFs, BDCs), 18% exchange-traded equities, 12% investment grade corporate bonds, 12% cash and equivalents, 2% state and local bonds, 1% U.S. government and agency bonds and 1% high-yield corporate bonds.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Meld Financial?
Meld Financial’s direct owners are Kyle Whittington (75% or more), James Cornehlsen (5% to 10%) and Blake May (10% to 25%).
Source: Form ADV Part 1A, Schedules A and B, filed 24 March 2026
How does Meld Financial get paid?
Meld Financial is paid through a percentage of assets under management, hourly charges and fixed fees. Its Form ADV lists no commissions or performance-based fees among how it is paid.
Source: Form ADV Part 1A, Item 5.E, from the SEC's 2 October 2026 data file
Is Meld Financial registered with the SEC?
Yes, Meld Financial has been registered with the SEC as an investment adviser since 7 April 2004. Its CRD number is 118896 and its SEC file number is 801-62981.
Source: Form ADV Part 1A, Item 1, filed 24 March 2026; IAPD firm record
How do I contact Meld Financial?
Meld Financial’s main office is at 3008 Pump House RD., Birmingham, AL 35243. Its phone number is 205-967-4200. Its website is meldfinancial.com.