# Mercury Investment Group

> Mercury Investment Group is an SEC-registered investment advisory firm in Memphis, TN, registered since 2021, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated July 16, 2026.

- CRD: 125245
- Filed as: MERCURY INVESTMENT GROUP
- Legal name: GHE, LLC
- Also doing business as: MERCURY INVESTMENT GROUP
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Memphis, TN
- Filing period: October 2026
- Form ADV filing dated: July 16, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/125245
- AdvisorCensus page: https://advisorcensus.com/firm/mercury-investment-group-memphis-tn-125245

## Quick answers

**How is Mercury Investment Group compensated?**
On its Form ADV (Item 5.E, October 2026), Mercury Investment Group reports these compensation arrangements: a percentage of assets under its management.

**Where is Mercury Investment Group located?**
Mercury Investment Group's principal office is in Memphis, TN, according to its Form ADV.

**Is Mercury Investment Group registered with the SEC or a state?**
Mercury Investment Group is an SEC-registered investment advisory firm, registered since 2021. Status as filed: Approved. CRD 125245.

**How much does Mercury Investment Group manage?**
Mercury Investment Group reports $252,605,307 in regulatory assets under management in its Form ADV filing dated July 16, 2026 (100% discretionary).

**How have Mercury Investment Group's assets and staff changed since 2021?**
In the Form ADV data for Mercury Investment Group: Regulatory assets under management: $124,304,000 in the October 2021 data and $252,605,307 in the October 2026 data, up 103%. Total employees: 4 in October 2021 and 3 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Mercury Investment Group serve?**
By number of clients on Form ADV Item 5.D: high net worth individuals (62); individuals (other than high net worth individuals) (32); pooled investment vehicles (other than investment companies and business development companies) (6).

**Which custodians does Mercury Investment Group use?**
Mercury Investment Group'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 Mercury Investment Group 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/125245

**Does Mercury Investment Group state an account minimum?**
Its Form ADV Part 2A brochure dated June 5, 2026 says: "Minimum portfolio size: $500,000. Mercury Investment Group reserves the right to negotiate minimum dollar values required under certain circumstances."

**What changed in Mercury Investment Group's recent Form ADV filings?**
In the March 2026 filing data: Employees performing advisory functions went from 5 to 3.

## From the Form ADV filing

### Compensation (Item 5.E)
- A percentage of assets under your management

### Fees and minimums (Form ADV Part 2A brochure dated June 5, 2026)

- Account minimum: $500,000 (the brochure says it may be waived or negotiated)

> Minimum portfolio size: $500,000. Mercury Investment Group reserves the right to negotiate minimum dollar values required under certain circumstances.

As stated in the firm's brochure. Fees can differ by service and may be negotiable.

### Custodians (Schedule D, Section 5.K(3))
- Charles Schwab & Co., Inc.
- Fidelity Brokerage Services LLC

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.

### Regulatory assets under management (Item 5.F)
- Total: $252,605,307
- Discretionary: $252,605,307
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 32 | $14,994,692 |
| High net worth individuals | 62 | $213,671,918 |
| Pooled investment vehicles (other than investment companies and business development companies) | 6 | $15,475,821 |
| Charitable organizations | 1 | $8,462,876 |

### Advisory services (Item 5.G)
- Portfolio management for individuals and/or small businesses
- Portfolio management for pooled investment vehicles (other than investment companies)
- Portfolio management for businesses (other than small businesses) or institutional clients

### Firm details
- Registered since: 2021 (5 years)
- Employees: 3 total, 3 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: TN
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Websites listed on Form ADV (Item 1.I)
- [merc-invest.com](https://merc-invest.com)

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $124,304,000 | 4 | May 28, 2021 |
| October 2022 | $152,802,658 | 4 | March 10, 2022 |
| October 2023 | $115,212,425 | 5 | July 25, 2023 |
| October 2024 | $179,576,762 | 5 | March 8, 2024 |
| October 2025 | $272,321,199 | 5 | March 17, 2025 |
| October 2026 | $252,605,307 | 3 | July 16, 2026 |

Regulatory assets under management: $124,304,000 in the October 2021 data and $252,605,307 in the October 2026 data, up 103%.
Total employees: 4 in October 2021 and 3 in October 2026.

## Changes in the filing (last 12 months)

### March 2026
- Employees performing advisory functions went from 5 to 3.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Mercury Investment Group (CRD 125245): Form ADV filing data as of October 2026.