{
  "crd_number": 118896,
  "slug": "meld-financial-inc-birmingham-al-118896",
  "primary_business_name": "MELD FINANCIAL, INC.",
  "legal_name": "MELD FINANCIAL, INC.",
  "dbas": [
    "BROOKSTONE WEALTH MANAGEMENT"
  ],
  "city": "Birmingham",
  "state": "AL",
  "country": "United States",
  "cbsa_code": "13820",
  "metro": {
    "cbsa_code": "13820",
    "common_name": "Birmingham",
    "msa_name": "Birmingham, AL",
    "path": "/advisors/al/birmingham"
  },
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "2004-04-07",
  "years_registered": 22,
  "period": "2026-10-01",
  "filing_date": "2026-03-24",
  "carried_forward": false,
  "raum_total": 776399278.0,
  "raum_discretionary": 776399278.0,
  "raum_non_discretionary": 0.0,
  "raum_band": "500m_1b",
  "raum_band_label": "$500 million to $1 billion",
  "total_employees": 15,
  "advisory_employees": 10,
  "client_count_bucket": "fewer_than_5_in_some_types",
  "clients_by_type": {
    "charitable": {
      "raum": 2951646.0,
      "count": 2,
      "fewer_than_5": true
    },
    "individuals": {
      "raum": 255704008.0,
      "count": 827
    },
    "state_municipal": {
      "raum": 3369288.0,
      "count": 4,
      "fewer_than_5": true
    },
    "high_net_worth_individuals": {
      "raum": 485017518.0,
      "count": 287
    },
    "corporations_other_businesses": {
      "raum": 29356818.0,
      "count": 10
    }
  },
  "compensation_types": [
    "fixed",
    "hourly",
    "percentage_of_aum"
  ],
  "advisory_activities": [
    "educational_seminars",
    "financial_planning",
    "other",
    "pension_consulting",
    "portfolio_management_businesses_institutional",
    "portfolio_management_individuals",
    "selection_of_other_advisers"
  ],
  "wrap_fee_participant": false,
  "disclosure_yes_count": 0,
  "states_registered": [
    "AL",
    "CA",
    "CO",
    "FL",
    "GA",
    "IN",
    "LA",
    "MS",
    "NC",
    "NE",
    "NY",
    "SC",
    "TN",
    "TX",
    "VA"
  ],
  "websites": [
    "https://brookstonewealth.com",
    "https://facebook.com/BROOKSTONEWEALTH",
    "https://facebook.com/MELDFINANCIAL",
    "https://instagram.com/MELD",
    "https://linkedin.com/company/1658895/admin/feed/posts",
    "https://meldfinancial.com",
    "https://twitter.com/PLANWITHMELD",
    "https://youtube.com/USER/MELDFINANCIAL"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/118896",
  "city_as_filed": "BIRMINGHAM",
  "url": "https://advisorcensus.com/firm/meld-financial-inc-birmingham-al-118896",
  "display_name": "Meld Financial, Inc.",
  "summary": "Meld Financial, Inc. is an SEC-registered investment advisory firm in Birmingham, AL, registered since 2004, reporting $500 million to $1 billion in regulatory assets under management in its Form ADV filing dated March 24, 2026.",
  "citation": "AdvisorCensus. Meld Financial, Inc. (CRD 118896): Form ADV filing data as of October 2026.",
  "registration_type_label": "SEC-registered investment adviser",
  "compensation_labels": [
    "A percentage of assets under your management",
    "Hourly charges",
    "Fixed fees (other than subscription fees)"
  ],
  "advisory_activity_labels": [
    "Financial planning services",
    "Portfolio management for individuals and/or small businesses",
    "Portfolio management for businesses (other than small businesses) or institutional clients",
    "Pension consulting services",
    "Selection of other advisers (including private fund managers)",
    "Educational seminars/workshops",
    "Other"
  ],
  "quick_answers": [
    {
      "q": "How is Meld Financial, Inc. compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), Meld Financial, Inc. reports these compensation arrangements: a percentage of assets under its management; hourly charges; fixed fees (other than subscription fees)."
    },
    {
      "q": "Where is Meld Financial, Inc. located?",
      "a": "Meld Financial, Inc.'s principal office is in Birmingham, AL, according to its Form ADV; the April 2026 filing also lists 1 other office (Schedule D, Section 1.F)."
    },
    {
      "q": "Is Meld Financial, Inc. registered with the SEC or a state?",
      "a": "Meld Financial, Inc. is an SEC-registered investment advisory firm, registered since 2004. Status as filed: Approved. CRD 118896."
    },
    {
      "q": "How much does Meld Financial, Inc. manage?",
      "a": "Meld Financial, Inc. reports $776,399,278 in regulatory assets under management in its Form ADV filing dated March 24, 2026 (100% discretionary)."
    },
    {
      "q": "How have Meld Financial, Inc.'s assets and staff changed since 2021?",
      "a": "In the Form ADV data for Meld Financial, Inc.: Regulatory assets under management: $427,093,716 in the October 2021 data and $776,399,278 in the October 2026 data, up 82%. Total employees: 10 in October 2021 and 15 in October 2026. Assets under management move with markets as well as with clients coming and going."
    },
    {
      "q": "What types of clients does Meld Financial, Inc. serve?",
      "a": "By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (827); high net worth individuals (287); corporations or other businesses not listed above (10)."
    },
    {
      "q": "Which custodians does Meld Financial, Inc. use?",
      "a": "Meld Financial, Inc.'s most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Fidelity Brokerage Services LLC as a custodian holding 10% or more of its separately managed account assets."
    },
    {
      "q": "Does Meld Financial, Inc. report any disciplinary disclosures?",
      "a": "Reports no disclosure items on Form ADV Item 11. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/118896"
    },
    {
      "q": "What changed in Meld Financial, Inc.'s recent Form ADV filings?",
      "a": "In the April 2026 filing data: Employees performing advisory functions went from 11 to 10. Regulatory assets under management went from $689,572,507 to $776,399,278 (+13%). Updated its list of owners and control persons (Schedule A)."
    }
  ],
  "filing_history": [
    {
      "period": "2021-10-01",
      "regulatory_assets_under_management": 427093716.0,
      "total_employees": 10,
      "filing_date": "2021-03-30"
    },
    {
      "period": "2022-10-01",
      "regulatory_assets_under_management": 585944667.0,
      "total_employees": 11,
      "filing_date": "2022-03-22"
    },
    {
      "period": "2023-10-01",
      "regulatory_assets_under_management": 512276768.0,
      "total_employees": 13,
      "filing_date": "2023-06-22"
    },
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": 594413274.0,
      "total_employees": 11,
      "filing_date": "2024-03-08"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 689572507.0,
      "total_employees": 15,
      "filing_date": "2025-07-29"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 776399278.0,
      "total_employees": 15,
      "filing_date": "2026-03-24"
    }
  ],
  "recent_changes": [
    {
      "period": "2026-04-01",
      "period_label": "April 2026",
      "notes": [
        "Employees performing advisory functions went from 11 to 10.",
        "Regulatory assets under management went from $689,572,507 to $776,399,278 (+13%).",
        "Updated its list of owners and control persons (Schedule A)."
      ]
    },
    {
      "period": "2025-12-01",
      "period_label": "December 2025",
      "notes": [
        "Registered or notice-filed in CO."
      ]
    }
  ],
  "fees_from_brochure": null,
  "custodians": [
    {
      "name": "Fidelity Brokerage Services LLC",
      "name_as_filed": "FIDELITY BROKERAGE SERVICES LLC",
      "affiliated": false
    }
  ],
  "custodians_note": "Custodians holding 10% or more of the firm's separately managed account assets, as filed on Form ADV (Schedule D, Section 5.K(3)). A custodian holds client assets; it does not endorse or supervise the firm. AdvisorCensus has no relationship with any custodian.",
  "markdown_url": "https://advisorcensus.com/firm/meld-financial-inc-birmingham-al-118896.md",
  "clients": [
    {
      "type": "individuals",
      "label": "Individuals (other than high net worth individuals)",
      "count": 827,
      "fewer_than_5": false,
      "raum": 255704008.0
    },
    {
      "type": "high_net_worth_individuals",
      "label": "High net worth individuals",
      "count": 287,
      "fewer_than_5": false,
      "raum": 485017518.0
    },
    {
      "type": "charitable",
      "label": "Charitable organizations",
      "count": 2,
      "fewer_than_5": true,
      "raum": 2951646.0
    },
    {
      "type": "state_municipal",
      "label": "State or municipal government entities (including government pension plans)",
      "count": 4,
      "fewer_than_5": true,
      "raum": 3369288.0
    },
    {
      "type": "corporations_other_businesses",
      "label": "Corporations or other businesses not listed above",
      "count": 10,
      "fewer_than_5": false,
      "raum": 29356818.0
    }
  ],
  "disclosure_line": "Reports no disclosure items on Form ADV Item 11.",
  "disclosure_items": [],
  "indexable": true,
  "suppressed": false,
  "claimed": false,
  "enhanced": false,
  "provided_by_the_firm": null,
  "source": {
    "name": "Form ADV",
    "as_of": "2026-10-01",
    "iapd_url": "https://adviserinfo.sec.gov/firm/summary/118896",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}