# Merion Capital LLC

> Merion Capital LLC is an SEC-registered investment advisory firm, registered since 2005, reporting under $25 million in regulatory assets under management in its Form ADV filing dated March 30, 2026.

- CRD: 135897
- Filed as: MERION CAPITAL LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Filing period: October 2026
- Form ADV filing dated: March 30, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/135897
- AdvisorCensus page: https://advisorcensus.com/firm/merion-capital-llc-135897

## Quick answers

**How is Merion Capital LLC compensated?**
On its Form ADV (Item 5.E, October 2026), Merion Capital LLC reports these compensation arrangements: a percentage of assets under its management; hourly charges; fixed fees (other than subscription fees). The amounts are in Item 5 of its Form ADV Part 2A brochure.

**Is Merion Capital LLC registered with the SEC or a state?**
Merion Capital LLC is an SEC-registered investment advisory firm, registered since 2005. Status as filed: Approved. CRD 135897.

**How much does Merion Capital LLC manage?**
Merion Capital LLC reports $0 in regulatory assets under management in its Form ADV filing dated March 30, 2026.

**How have Merion Capital LLC's assets and staff changed since 2021?**
In the Form ADV data for Merion Capital LLC: Regulatory assets under management: $1,694,143,114 in the October 2021 data and $0 in the October 2026 data, down 100%. Total employees: 1 in October 2021 and 0 in October 2026. Assets under management move with markets as well as with clients coming and going.

**Does Merion Capital LLC 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/135897

## From the Form ADV filing

### Compensation (Item 5.E)
- A percentage of assets under your management
- Hourly charges
- Fixed fees (other than subscription fees)

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

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | Not reported | $0 |
| High net worth individuals | Not reported | $0 |
| Banking or thrift institutions | Not reported | $0 |
| Investment companies | Not reported | $0 |
| Business development companies | Not reported | $0 |
| Pooled investment vehicles (other than investment companies and business development companies) | Not reported | $0 |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | Not reported | $0 |
| Charitable organizations | Not reported | $0 |
| State or municipal government entities (including government pension plans) | Not reported | $0 |
| Other investment advisers | Not reported | $0 |
| Insurance companies | Not reported | $0 |
| Sovereign wealth funds and foreign official institutions | Not reported | $0 |
| Corporations or other businesses not listed above | Not reported | $0 |
| Other | Not reported | $0 |

### Advisory services (Item 5.G)
- Portfolio management for individuals and/or small businesses
- Portfolio management for businesses (other than small businesses) or institutional clients
- Pension consulting services

### Firm details
- Registered since: 2005 (21 years)
- Employees: 0 total, 0 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: MI
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Websites listed on Form ADV (Item 1.I)
- zhangfinancial.com/merion-capital

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $1,694,143,114 | 1 | March 8, 2021 |
| October 2022 | $1,989,096,177 | 1 | March 25, 2022 |
| October 2023 | $1,706,048,319 | 3 | July 18, 2023 |
| October 2024 | $0 | 0 | March 28, 2024 |
| October 2025 | $0 | 0 | March 6, 2025 |
| October 2026 | $0 | 0 | March 30, 2026 |

Regulatory assets under management: $1,694,143,114 in the October 2021 data and $0 in the October 2026 data, down 100%.
Total employees: 1 in October 2021 and 0 in October 2026.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Merion Capital LLC (CRD 135897): Form ADV filing data as of October 2026.