Mellin Asset Management, Inc. (Chicago)

Mellin Asset Management, Inc. is an internet adviser based in Chicago. It manages $14.02 million of regulatory assets for 1 client accounts. It has been registered with the SEC as an adviser since 2001.

Mellin Asset Management provides portfolio management for individuals and small businesses and portfolio management for pooled investment vehicles. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Mellin Asset Management: assets under management

The assets under management (AUM) of Mellin Asset Management, Inc. is $14.02 million, all of which is managed in discretionary accounts. The firm's AUM has gone down by -54% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $14.02 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $14.02 million each.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Mellin Asset Management, Inc. for their services and products based on a percentage of assets under management and commissions. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

Careers at Mellin Asset Management, Inc.

Arthur Bernard Mellin has been acting as President since 1 Dec 1991. Katherine Ann Proyce joined the executive team most recently as the Secretary.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Arthur Bernard Mellin	President	1 Dec 1991	75% - 100%	821638
Katherine Ann Proyce	Secretary	1 Dec 1991	Other	1321649

Based in Chicago

The principal office where Mellin Asset Management, Inc. performs its advisory services is located at 190 South Lasalle Street, Chicago, IL 60603 3410, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.