{
  "crd_number": 325523,
  "slug": "maridea-wealth-management-brooklyn-ny-325523",
  "primary_business_name": "MARIDEA WEALTH MANAGEMENT",
  "legal_name": "MARIDEA WEALTH MANAGEMENT LLC",
  "dbas": [
    "RIVER CITIES FINANCIAL SERVICES"
  ],
  "city": "Brooklyn",
  "state": "NY",
  "country": "United States",
  "cbsa_code": "35620",
  "metro": {
    "cbsa_code": "35620",
    "common_name": "New York",
    "msa_name": "New York-Newark-Jersey City, NY-NJ",
    "path": "/advisors/ny/new-york"
  },
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "2024-01-31",
  "years_registered": 2,
  "period": "2026-10-01",
  "filing_date": "2026-10-01",
  "carried_forward": false,
  "raum_total": 1971582760.0,
  "raum_discretionary": 1945783785.0,
  "raum_non_discretionary": 25798975.0,
  "raum_band": "1b_5b",
  "raum_band_label": "$1 billion to $5 billion",
  "total_employees": 48,
  "advisory_employees": 26,
  "client_count_bucket": "fewer_than_5_in_some_types",
  "clients_by_type": {
    "individuals": {
      "raum": 1170839063.0,
      "count": 1764
    },
    "pension_profit_sharing": {
      "raum": 168276925.0,
      "count": null,
      "fewer_than_5": true
    },
    "high_net_worth_individuals": {
      "raum": 632073360.0,
      "count": 336
    },
    "corporations_other_businesses": {
      "raum": 393412.0,
      "count": null,
      "fewer_than_5": true
    }
  },
  "compensation_types": [
    "fixed",
    "hourly",
    "percentage_of_aum"
  ],
  "advisory_activities": [
    "financial_planning",
    "pension_consulting",
    "portfolio_management_individuals",
    "selection_of_other_advisers"
  ],
  "wrap_fee_participant": false,
  "disclosure_yes_count": 0,
  "states_registered": [
    "AZ",
    "CA",
    "CO",
    "FL",
    "IL",
    "LA",
    "ME",
    "MI",
    "NC",
    "NE",
    "NJ",
    "NM",
    "NY",
    "OH",
    "OR",
    "PA",
    "TX",
    "WV"
  ],
  "websites": [
    "https://facebook.com/HeritageFinancialStrategies",
    "https://facebook.com/people/Maridea-Wealth-Management/61584160497311",
    "https://instagram.com/wemakemoneyfun",
    "https://linkedin.com/company/heritage-financial-strategies",
    "https://linkedin.com/company/maridea-wealth-management?viewAsMember=true",
    "https://marideawealth.com",
    "https://rivercitiesfinancial.net",
    "https://wellthywomen.org"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/325523",
  "city_as_filed": "BROOKLYN",
  "url": "https://advisorcensus.com/firm/maridea-wealth-management-brooklyn-ny-325523",
  "display_name": "Maridea Wealth Management",
  "summary": "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.",
  "citation": "AdvisorCensus. Maridea Wealth Management (CRD 325523): Form ADV filing data as of October 2026.",
  "registration_type_label": "SEC-registered investment adviser",
  "compensation_labels": [
    "A percentage of assets under your management",
    "Hourly charges",
    "Fixed fees (other than subscription fees)"
  ],
  "advisory_activity_labels": [
    "Financial planning services",
    "Portfolio management for individuals and/or small businesses",
    "Pension consulting services",
    "Selection of other advisers (including private fund managers)"
  ],
  "quick_answers": [
    {
      "q": "How is Maridea Wealth Management compensated?",
      "a": "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)."
    },
    {
      "q": "How much does Maridea Wealth Management charge?",
      "a": "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."
    },
    {
      "q": "Where is Maridea Wealth Management located?",
      "a": "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)."
    },
    {
      "q": "Is Maridea Wealth Management registered with the SEC or a state?",
      "a": "Maridea Wealth Management is an SEC-registered investment advisory firm, registered since 2024. Status as filed: Approved. CRD 325523."
    },
    {
      "q": "How much does Maridea Wealth Management manage?",
      "a": "Maridea Wealth Management reports $1,971,582,760 in regulatory assets under management in its Form ADV filing dated October 1, 2026 (99% discretionary)."
    },
    {
      "q": "How have Maridea Wealth Management's assets and staff changed since 2023?",
      "a": "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."
    },
    {
      "q": "What types of clients does Maridea Wealth Management serve?",
      "a": "By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (1,764); high net worth individuals (336)."
    },
    {
      "q": "Which custodians does Maridea Wealth Management use?",
      "a": "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."
    },
    {
      "q": "Does Maridea Wealth Management report any disciplinary disclosures?",
      "a": "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"
    },
    {
      "q": "Does Maridea Wealth Management state an account minimum?",
      "a": "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.\""
    },
    {
      "q": "What changed in Maridea Wealth Management's recent Form ADV filings?",
      "a": "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."
    }
  ],
  "filing_history": [
    {
      "period": "2023-10-01",
      "regulatory_assets_under_management": 0.0,
      "total_employees": 2,
      "filing_date": "2023-06-13"
    },
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": 25183144.0,
      "total_employees": 9,
      "filing_date": "2024-09-16"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 469226780.0,
      "total_employees": 21,
      "filing_date": "2025-07-15"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 1971582760.0,
      "total_employees": 48,
      "filing_date": "2026-10-01"
    }
  ],
  "recent_changes": [
    {
      "period": "2026-10-01",
      "period_label": "October 2026",
      "notes": [
        "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."
      ]
    },
    {
      "period": "2026-09-01",
      "period_label": "September 2026",
      "notes": [
        "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."
      ]
    },
    {
      "period": "2026-07-01",
      "period_label": "July 2026",
      "notes": [
        "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)."
      ]
    },
    {
      "period": "2026-04-01",
      "period_label": "April 2026",
      "notes": [
        "Employees performing advisory functions went from 15 to 26.",
        "Changed its office addresses in San Antonio, TX.",
        "Added an office in Gilbert, AZ."
      ]
    },
    {
      "period": "2026-02-01",
      "period_label": "February 2026",
      "notes": [
        "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."
      ]
    },
    {
      "period": "2025-12-01",
      "period_label": "December 2025",
      "notes": [
        "Added the business name Heritage Financial Strategies.",
        "Registered or notice-filed in AZ, ME, MI."
      ]
    }
  ],
  "fees_from_brochure": {
    "source": "Form ADV Part 2A brochure dated March 23, 2026",
    "provided_by_the_firm": false,
    "tiers": [],
    "flat_rate": null,
    "stated_range": null,
    "stated_maximum": "2.5% of assets a year",
    "account_minimum": "$100,000",
    "account_minimum_may_be_waived": true,
    "minimum_annual_fee": null,
    "planning_fees": [],
    "figures": [
      {
        "label": "Asset-based fee",
        "statements": [
          "Asset-based fee: up to 2.5% of assets a year (the maximum the brochure states)"
        ],
        "quotes": [
          "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."
        ]
      },
      {
        "label": "Account minimum",
        "statements": [
          "Account minimum: $100,000 (the brochure says it may be waived or negotiated)"
        ],
        "quotes": [
          "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."
        ]
      }
    ],
    "values": {
      "tiers": [],
      "range_pct": null,
      "max_pct": 2.5,
      "account_minimum": 100000.0,
      "minimum_annual_fee": null,
      "planning": []
    },
    "quotes": [
      "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.",
      "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."
    ],
    "note": "As stated in the firm's brochure; fees can differ by service and may be negotiable."
  },
  "custodians": [
    {
      "name": "Charles Schwab & Co., Inc.",
      "name_as_filed": "CHARLES SCHWAB & CO., INC.",
      "affiliated": false
    },
    {
      "name": "Fidelity Brokerage Services LLC",
      "name_as_filed": "FIDELITY BROKERAGE SERVICES LLC",
      "affiliated": false
    }
  ],
  "custodians_note": "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.",
  "markdown_url": "https://advisorcensus.com/firm/maridea-wealth-management-brooklyn-ny-325523.md",
  "clients": [
    {
      "type": "individuals",
      "label": "Individuals (other than high net worth individuals)",
      "count": 1764,
      "fewer_than_5": false,
      "raum": 1170839063.0
    },
    {
      "type": "high_net_worth_individuals",
      "label": "High net worth individuals",
      "count": 336,
      "fewer_than_5": false,
      "raum": 632073360.0
    },
    {
      "type": "pension_profit_sharing",
      "label": "Pension and profit sharing plans (but not the plan participants or government pension plans)",
      "count": null,
      "fewer_than_5": true,
      "raum": 168276925.0
    },
    {
      "type": "corporations_other_businesses",
      "label": "Corporations or other businesses not listed above",
      "count": null,
      "fewer_than_5": true,
      "raum": 393412.0
    }
  ],
  "disclosure_line": "Reports no disclosure items on Form ADV Item 11.",
  "disclosure_items": [],
  "indexable": true,
  "suppressed": false,
  "claimed": false,
  "enhanced": false,
  "provided_by_the_firm": null,
  "source": {
    "name": "Form ADV",
    "as_of": "2026-10-01",
    "iapd_url": "https://adviserinfo.sec.gov/firm/summary/325523",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}