Detroit Five Star award winner
PROFESSIONAL PROFILE

David R. Mehram
Wells Fargo Advisors
734-668-4244
Professional Approach

Focus

“Trust is the foundation of an effective client advisor relationship. I take a consultative approach to investment planning, listening as much as I can about each client’s life goals and dreams to guide the development of their wealth management plan.”

David enjoys helping his clients prepare for significant financial events in their lives. He specializes in helping clients with their unique goals including retirement, education, liability and wealth transfer planning objectives. David helps his clients implement a suitable investment strategy aligned with their investment objectives and goals.

David strives to create flexibility in his clients’ plans to help them to respond to change when necessary — whether it is in the market or their own lives.

 

Background and experience

Helping clients achieve financial well-being has been David’s goal since college. He studied economics at the University of Michigan while working as an intern for an experienced investment advisory team.   

David began his career as a Financial Advisor with Merrill Lynch in Detroit, where he developed his fundamental investment knowledge and process for helping clients. After spending 5 years at UBS, he joined Wachovia Securities, a predecessor firm of Wells Fargo Advisors, in August, 2008 .

 

Away from the office

David’s highest priority is his family, including his wife, three teenagers and young son. He enjoys watching them grow from each new experience. David does find time to stay active and play the occasional round of golf.

 

David R. Mehram
Senior Vice President – Investments
Wells Fargo Advisors
2019 Five Star
Wealth Manager
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Six-Year Winner
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*Winners appearing on this page do not pay a fee to be considered or to win the Five Star Award. Professionals with a digital profile have paid a promotional fee.
The Five Star Wealth Manager award, administered by Crescendo Business Services, LLC (dba Five Star Professional), is based on 10 objective criteria. Eligibility criteria – required: 1. Credentialed as a registered investment adviser or a registered investment adviser representative; 2. Actively licensed as a registered investment adviser or as a principal of a registered investment adviser firm for a minimum of 5 years; 3. Favorable regulatory and complaint history review (As defined by Five Star Professional, the wealth manager has not; A. Been subject to a regulatory action that resulted in a license being suspended or revoked, or payment of a fine; B. Had more than a total of three settled or pending complaints filed against them and/or a total of five settled, pending, dismissed or denied complaints with any regulatory authority or Five Star Professional’s consumer complaint process. Unfavorable feedback may have been discovered through a check of complaints registered with a regulatory authority or complaints registered through Five Star Professional’s consumer complaint process; feedback may not be representative of any one client’s experience; C. Individually contributed to a financial settlement of a customer complaint; D. Filed for personal bankruptcy within the past 11 years; E. Been terminated from a financial services firm within the past 11 years; F. Been convicted of a felony); 4. Fulfilled their firm review based on internal standards; 5. Accepting new clients. Evaluation criteria – considered: 6. One-year client retention rate; 7. Five-year client retention rate; 8. Non-institutional discretionary and/or non-discretionary client assets administered; 9. Number of client households served; 10. Education and professional designations. Wealth managers do not pay a fee to be considered or placed on the final list of Five Star Wealth Managers. Award does not evaluate quality of services provided to clients. Once awarded, wealth managers may purchase additional profile ad space or promotional products. The Five Star award is not indicative of the wealth manager’s future performance. Wealth managers may or may not use discretion in their practice and therefore may not manage their client’s assets. The inclusion of a wealth manager on the Five Star Wealth Manager list should not be construed as an endorsement of the wealth manager by Five Star Professional or this publication. Working with a Five Star Wealth Manager or any wealth manager is no guarantee as to future investment success, nor is there any guarantee that the selected wealth managers will be awarded this accomplishment by Five Star Professional in the future. For more information on the Five Star award and the research/selection methodology, go to fivestarprofessional.com. 2,987 Detroit area wealth managers were considered for the award; 347 (12 percent of candidates) were named 2019 Five Star Wealth Managers. 2018: 3,069 considered, 322 winners; 2017: 1,836 considered, 356 winners; 2016: 1,961 considered, 630 winners; 2015: 2,238 considered, 627 winners; 2014: 3,448 considered, 658 winners; 2013: 2,762 considered, 749 winners; 2012: 2,658 considered, 745 winners.