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Maridea Wealth Management
Filed as MARIDEA WEALTH MANAGEMENT · Legal name Maridea Wealth Management LLC
Maridea Wealth Management is an SEC-registered investment advisory firm in Brooklyn, NY, registered since 2024, reporting $1 billion to $5 billion in regulatory assets under management in its Form ADV filing dated October 1, 2026.
Quick answers
From the filingHow is Maridea Wealth Management compensated?
On its Form ADV (Item 5.E, October 2026), Maridea Wealth Management reports these compensation arrangements: a percentage of assets under its management; hourly charges; fixed fees (other than subscription fees).
What does Maridea Wealth Management's brochure say about its fees?
Its Form ADV Part 2A brochure dated March 23, 2026 states: Asset-based fee: up to 2.5% of assets a year (the maximum the brochure states). Fees can differ by service and may be negotiable; the brochure is the complete statement.
Where is Maridea Wealth Management located?
Maridea Wealth Management's principal office is in Brooklyn, NY, according to its Form ADV; the October 2026 filing also lists 6 other offices (Schedule D, Section 1.F).
Is Maridea Wealth Management registered with the SEC or a state?
Maridea Wealth Management is an SEC-registered investment advisory firm, registered since 2024. Status as filed: Approved. CRD 325523.
How much does Maridea Wealth Management manage?
Maridea Wealth Management reports $1,971,582,760 in regulatory assets under management in its Form ADV filing dated October 1, 2026 (99% discretionary).
How have Maridea Wealth Management's assets and staff changed since 2023?
In the Form ADV data for Maridea Wealth Management: Regulatory assets under management: $0 in the October 2023 data and $1,971,582,760 in the October 2026 data. Total employees: 2 in October 2023 and 48 in October 2026. Assets under management move with markets as well as with clients coming and going.
What types of clients does Maridea Wealth Management serve?
By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (1,764); high net worth individuals (336).
Which custodians does Maridea Wealth Management use?
Maridea Wealth Management's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Charles Schwab & Co., Inc. and Fidelity Brokerage Services LLC as custodians holding 10% or more of its separately managed account assets.
Does Maridea Wealth Management report any disciplinary disclosures?
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/325523
Does Maridea Wealth Management state an account minimum?
Its Form ADV Part 2A brochure dated March 23, 2026 says: "Maridea generally requires a minimum relationship size of $100,000 to effectively implement its investment process. This amount may be reduced or waived at the Adviser’s sole discretion."
What changed in Maridea Wealth Management's recent Form ADV filings?
In the October 2026 filing data: No longer lists the business name Heritage Financial Strategies. Added the business name River Cities Financial Services. Regulatory assets under management went from $958,721,478 to $1,971,582,760 (+106%). Added an office in Marietta, OH.
From the Form ADV filing
Every figure below is as the firm filed it with regulators, as of October 2026.
How the firm is compensated
Item 5.E- A percentage of assets under your management
- Hourly charges
- Fixed fees (other than subscription fees)
Item 5.E lists how the firm is compensated for its advice; Items 5.B, 6.A, and 7.A show whether its people or related companies can also earn commissions. Percentage of assets, fixed, hourly, subscription, and performance-based fees come from clients (a performance-based fee depends on investment results); commissions come with a sale or a trade, often from the company behind the product. How fees, commissions, and other arrangements differ
Fees and minimums
Form ADV Part 2AAsset-based fee: up to 2.5% of assets a year (the maximum the brochure states)
The brochure's wording
Investment management fees are based on the market value of the assets in the account[s] during the respective billing period. Investment management fees range up to 2.50% annually based on several factors, including: the scope and complexity of the services to be provided; the level of assets to be managed; and the overall relationship with the Adviser.
Account minimum: $100,000 (the brochure says it may be waived or negotiated)
The brochure's wording
Maridea generally requires a minimum relationship size of $100,000 to effectively implement its investment process. This amount may be reduced or waived at the Adviser’s sole discretion.
As stated in the firm's Form ADV Part 2A brochure dated March 23, 2026. Fees can differ by service and may be negotiable; the brochure is the complete statement. Read the brochure on the SEC's IAPD site
Regulatory assets under management
Item 5.F$1,971,582,760 as of October 2026, filing dated October 1, 2026.
A measure of scale, not skill or returns. Discretionary means the firm decides trades; non-discretionary means clients approve each one. What assets under management means
Who the firm serves
Item 5.DA firm with no individual clients is an institutional manager even if it manages billions; the mix tells you whom the practice is built around.
Advisory services
Item 5.G- Financial planning services
- Portfolio management for individuals and/or small businesses
- Pension consulting services
- Selection of other advisers (including private fund managers)
Registration and firm details
Items 1, 2, 5- Legal name
- Maridea Wealth Management LLC
- Also doing business as
- RIVER CITIES FINANCIAL SERVICES
- Registration
- SEC-registered investment adviser. Status as filed: Approved.
- Registered since
- 2024 (2 years)
- Employees
- Total: 48. Performing investment advisory functions: 26.
- Wrap fee program participation
- No.
- Custodians (Schedule D, Section 5.K(3))
-
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.
- Other offices (Schedule D, Section 1.F)
-
6 other offices, as of the October 2026 filing
- States registered or notice-filed
-
18 states or jurisdictions
SEC-registered investment advisers are examined by the SEC. SEC, state, and exempt registration
Disclosures
Item 11None Reports no disclosure items on Form ADV Item 11. View on IAPD.
Item 11 asks about criminal, regulatory, and civil events involving the firm and its advisory personnel. The detail of each yes answer is on the IAPD record. Reading a firm's disclosures
Assets and staff over time
Items 5.A, 5.F| Data period | Assets under management | Employees | Filing dated |
|---|---|---|---|
| October 2026 | $1,971,582,760 | 48 | October 1, 2026 |
| October 2025 | $469,226,780 | 21 | July 15, 2025 |
| October 2024 | $25,183,144 | 9 | September 16, 2024 |
| October 2023 | $0 | 2 | June 13, 2023 |
Regulatory assets under management: $0 in the October 2023 data and $1,971,582,760 in the October 2026 data.
Total employees: 2 in October 2023 and 48 in October 2026.
As filed in each year's data for the same month. Assets under management move with markets as well as with clients coming and going; they measure scale, not skill or returns. Most firms update these figures once a year.
Changes in the filing
Last 12 months- October 2026
- No longer lists the business name Heritage Financial Strategies.
- Added the business name River Cities Financial Services.
- Regulatory assets under management went from $958,721,478 to $1,971,582,760 (+106%).
- Added an office in Marietta, OH.
- September 2026
- No longer lists the business name Vitalstone Financial.
- No longer lists the business name River Cities Financial.
- No longer lists the business name Ashford Investment Advisors.
- Added an office in New Britain, PA.
- Registered or notice-filed in PA.
- July 2026
- Added the business name River Cities Financial.
- Added the business name Ashford Investment Advisors.
- Registered or notice-filed in OH.
- Updated its list of owners and control persons (Schedule A).
- April 2026
- Employees performing advisory functions went from 15 to 26.
- Changed its office addresses in San Antonio, TX.
- Added an office in Gilbert, AZ.
- February 2026
- No longer lists the business name Pinnacle Wealth.
- No longer lists the business name Huckleberry Capital Management.
- No longer lists the business name Hoot Wealth.
- No longer lists the business name Hartshorne Group.
- Regulatory assets under management went from $469,226,780 to $958,721,478 (+104%).
- Registered or notice-filed in NM.
- December 2025
- Added the business name Heritage Financial Strategies.
- Registered or notice-filed in AZ, ME, MI.
Compared month to month from the SEC's monthly adviser data and the state compilation feed. Owners and control persons are summarized, never named.
Websites listed on Form ADV
Item 1.ISource: Form ADV, as of October 2026. Values appear as filed; a value the firm did not report is shown as "Not reported."
Cite this page
AdvisorCensus. Maridea Wealth Management (CRD 325523): Form ADV filing data as of October 2026. https://advisorcensus.com/firm/maridea-wealth-management-brooklyn-ny-325523