{ "crd_number": 109310, "slug": "merit-energy-company-dallas-tx-109310", "primary_business_name": "MERIT ENERGY COMPANY", "legal_name": "MERIT ENERGY COMPANY, LLC", "dbas": [], "city": "Dallas", "state": "TX", "country": "United States", "cbsa_code": "19100", "metro": { "cbsa_code": "19100", "common_name": "Dallas", "msa_name": "Dallas-Fort Worth-Arlington, TX", "path": "/advisors/tx/dallas" }, "registration_type": "sec", "registration_status": "Approved", "registration_date": "2000-06-01", "years_registered": 26, "period": "2026-10-01", "filing_date": "2026-03-18", "carried_forward": false, "raum_total": 3695228000.0, "raum_discretionary": 3695228000.0, "raum_non_discretionary": 0.0, "raum_band": "1b_5b", "raum_band_label": "$1 billion to $5 billion", "total_employees": 782, "advisory_employees": 22, "client_count_bucket": null, "clients_by_type": { "pooled_investment_vehicles": { "raum": 3695228000.0, "count": 12 } }, "compensation_types": [ "percentage_of_aum", "performance_based" ], "advisory_activities": [ "portfolio_management_pooled_vehicles" ], "wrap_fee_participant": false, "disclosure_yes_count": 0, "states_registered": [ "TX" ], "websites": [ "https://meritenergy.com" ], "iapd_url": "https://adviserinfo.sec.gov/firm/summary/109310", "city_as_filed": "DALLAS", "url": "https://advisorcensus.com/firm/merit-energy-company-dallas-tx-109310", "display_name": "Merit Energy Company", "summary": "Merit Energy Company is an SEC-registered investment advisory firm in Dallas, TX, registered since 2000, reporting $1 billion to $5 billion in regulatory assets under management in its Form ADV filing dated March 18, 2026.", "citation": "AdvisorCensus. Merit Energy Company (CRD 109310): Form ADV filing data as of October 2026.", "registration_type_label": "SEC-registered investment adviser", "compensation_labels": [ "A percentage of assets under your management", "Performance-based fees" ], "advisory_activity_labels": [ "Portfolio management for pooled investment vehicles (other than investment companies)" ], "quick_answers": [ { "q": "How is Merit Energy Company compensated?", "a": "On its Form ADV (Item 5.E, October 2026), Merit Energy Company reports these compensation arrangements: a percentage of assets under its management; performance-based fees." }, { "q": "Where is Merit Energy Company located?", "a": "Merit Energy Company's principal office is in Dallas, TX, according to its Form ADV." }, { "q": "Is Merit Energy Company registered with the SEC or a state?", "a": "Merit Energy Company is an SEC-registered investment advisory firm, registered since 2000. Status as filed: Approved. CRD 109310." }, { "q": "How much does Merit Energy Company manage?", "a": "Merit Energy Company reports $3,695,228,000 in regulatory assets under management in its Form ADV filing dated March 18, 2026 (100% discretionary)." }, { "q": "How have Merit Energy Company's assets and staff changed since 2021?", "a": "In the Form ADV data for Merit Energy Company: Regulatory assets under management: $4,849,834,000 in the October 2021 data and $3,695,228,000 in the October 2026 data, down 24%. Total employees: 780 in October 2021 and 782 in October 2026. Assets under management move with markets as well as with clients coming and going." }, { "q": "What types of clients does Merit Energy Company serve?", "a": "By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (12)." }, { "q": "Does Merit Energy Company 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/109310" }, { "q": "What changed in Merit Energy Company's recent Form ADV filings?", "a": "In the April 2026 filing data: Updated its list of owners and control persons (Schedule A)." } ], "filing_history": [ { "period": "2021-10-01", "regulatory_assets_under_management": 4849834000.0, "total_employees": 780, "filing_date": "2021-03-24" }, { "period": "2022-10-01", "regulatory_assets_under_management": 4685765000.0, "total_employees": 802, "filing_date": "2022-09-01" }, { "period": "2023-10-01", "regulatory_assets_under_management": 4329254000.0, "total_employees": 801, "filing_date": "2023-05-16" }, { "period": "2024-10-01", "regulatory_assets_under_management": 4595722000.0, "total_employees": 831, "filing_date": "2024-03-25" }, { "period": "2025-10-01", "regulatory_assets_under_management": 4055658000.0, "total_employees": 871, "filing_date": "2025-03-10" }, { "period": "2026-10-01", "regulatory_assets_under_management": 3695228000.0, "total_employees": 782, "filing_date": "2026-03-18" } ], "recent_changes": [ { "period": "2026-04-01", "period_label": "April 2026", "notes": [ "Updated its list of owners and control persons (Schedule A)." ] } ], "fees_from_brochure": null, "custodians": [], "custodians_note": null, "markdown_url": "https://advisorcensus.com/firm/merit-energy-company-dallas-tx-109310.md", "clients": [ { "type": "pooled_investment_vehicles", "label": "Pooled investment vehicles (other than investment companies and business development companies)", "count": 12, "fewer_than_5": false, "raum": 3695228000.0 } ], "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/109310", "operator": "BH Monitor Services, LLC", "license": "https://creativecommons.org/licenses/by/4.0/", "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data" } }