Melby Wealth Management fees and pricing

Published fees

Quoted from the firm's Form ADV Part 2A brochure, filed March 27, 2026. Fees can change, so confirm with the firm before you hire them.

Hourly rate

$333/hr

“Our hourly rate is $333.33.”

Flat or project fee

$4,000

“Comprehensive Financial Planning Comprehensive Financial Planning consists of an upfront charge of $4,000, paid over the first 3 months of the engagement, and an ongoing fee that is paid monthly, in advance, at the rate of $333.33 per month.”

Monthly fee

$333/mo

From the same sentence as above.

Read the full brochure (PDF) (opens in new tab)SEC adviser record (opens in new tab)

How Melby Wealth Management bills

Payment and refund terms, quoted from the fee section of the brochure.

• “Advisory fees are directly debited from client accounts, or the client may choose to pay by check.”
• “An account may be terminated with written notice at least 30 calendar days in advance.”
• “Since fees are paid in arrears, no rebate will be needed upon termination of the account.”

How Melby Wealth Management’s fees compare

• Its hourly rate of $333 is above the Tennessee median of $275. 71% of the 111 other Tennessee planners that publish an hourly rate charge less.
• 4 of the 7 other planners in Brentwood that publish an hourly rate charge less.
• Its flat or project fee of $4,000 is above the Tennessee median of $3,000. 61% of the 89 other Tennessee planners that publish a flat or project fee charge less.
• 4 of the 7 other planners in Brentwood that publish a flat or project fee charge less.

About Melby Wealth Management

• Principal: Shaun Melby
• Solo practice: one person runs the firm, so you work directly with the planner.
• Credentials named in the brochure: CFP®.
• Registered as an adviser: 2019 (7 years).

Firm details from Form ADV

How the firm is paid

Hourly fees, fixed or flat fees, percentage of assets under management

Charges a % of assets

Yes

Highest asset based fee in brochure

0.75% a year

Clients

87

Employees

1

Works with

Individuals and high net worth individuals

Services reported to regulators

Financial planning, portfolio management for individuals and small businesses, and selecting other advisers

Assets managed

$18,634,616

Registered with

State securities regulators

Disciplinary disclosures

None reported

SEC CRD number

300147

Website

youtube.com/@melbymoney (opens in new tab)

Phone

(615) 891-5444

Can advise clients in 2 states: Louisiana, Tennessee

Other planners in Brentwood that publish fees

• Finwell, Inc.Brentwood$299/hr, $299⁠-⁠$1,999
• Highmark, LLCBrentwood$250/hr, $100⁠-⁠$25,000
• Investgro LLCBrentwood$500/hr, $1,500⁠-⁠$10,000
• Keystone Financial Resources, LLCBrentwood$350/hr, $500⁠-⁠$2,200
• Main Street Investors, LLCBrentwood$250⁠-⁠$2,500
• Nofal Insurance and WealthBrentwood$400/hr

Compare all 18 planners in Brentwood