Factor Investing Group

Melfa Wealth Management, Inc. dba Factor Investing Group is a registered investment advisor based in Westborough, MA. Established in April 2009 and registered with the U.S. Securities and Exchange Commission (SEC) in July 2021, the firm is primarily owned by Victor J. Melfa, Jr., who serves as the President and Chief Compliance Officer. The firm offers wealth management services to individuals, high net worth individuals, trusts, estates, charitable organizations, businesses, and retirement plans, acting as a fiduciary to its clients. The firm provides customized wealth management solutions through discretionary investment management and financial planning services. Investment portfolios typically consist of exchange-traded funds (ETFs), mutual funds, individual stocks, closed-end funds, and bonds. The firm's investment strategies are primarily long-term focused, with the flexibility to buy, sell, or reallocate positions as needed. Clients have the opportunity to place reasonable restrictions on their investments. As of December 31, 2024, FIG managed $309,527,063 in assets under management on a discretionary basis. The firm's fee structure is based on the average daily balance of assets under management and ranges up to 1.30% annually. Clients are billed quarterly in advance, and fees are calculated based on various factors, including the complexity of services provided and the level of assets managed. FIG does not engage in wrap fee programs and does not receive compensation for securities transactions in client accounts. The firm does not charge performance-based fees and does not manage proprietary investment funds. Clients have investment discretion over their accounts, and the firm does not accept or maintain custody of client funds or securities, except for limited purposes related to fee deductions and money movement authorization. The firm's team includes Victor J. Melfa III, Christopher R. Chang, and Kendra R. Rasner, who serve as Managing Partner and Lead Portfolio Manager, Financial Advisor, and Investment Advisor Representative, respectively. The team members have strong educational backgrounds and extensive experience in the financial industry. The firm has a comprehensive Privacy Policy in place to protect clients' personal information and ensure data security. Clients can request a copy of the Privacy Policy and ask questions by contacting the firm directly.