# Merit Energy Company

> 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.

- CRD: 109310
- Filed as: MERIT ENERGY COMPANY
- Legal name: Merit Energy Company, LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Dallas, TX
- Filing period: October 2026
- Form ADV filing dated: March 18, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/109310
- AdvisorCensus page: https://advisorcensus.com/firm/merit-energy-company-dallas-tx-109310

## Quick answers

**How is Merit Energy Company compensated?**
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. The amounts are in Item 5 of its Form ADV Part 2A brochure.

**Where is Merit Energy Company located?**
Merit Energy Company's principal office is in Dallas, TX, according to its Form ADV.

**Is Merit Energy Company registered with the SEC or a state?**
Merit Energy Company is an SEC-registered investment advisory firm, registered since 2000. Status as filed: Approved. CRD 109310.

**How much does Merit Energy Company manage?**
Merit Energy Company reports $3,695,228,000 in regulatory assets under management in its Form ADV filing dated March 18, 2026 (100% discretionary).

**How have Merit Energy Company's assets and staff changed since 2021?**
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.

**What types of clients does Merit Energy Company serve?**
By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (12).

**Does Merit Energy Company 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/109310

**What changed in Merit Energy Company's recent Form ADV filings?**
In the April 2026 filing data: Updated its list of owners and control persons (Schedule A).

## From the Form ADV filing

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

### Regulatory assets under management (Item 5.F)
- Total: $3,695,228,000
- Discretionary: $3,695,228,000
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Pooled investment vehicles (other than investment companies and business development companies) | 12 | $3,695,228,000 |

### Advisory services (Item 5.G)
- Portfolio management for pooled investment vehicles (other than investment companies)

### Firm details
- Registered since: 2000 (26 years)
- Employees: 782 total, 22 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: TX
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

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

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $4,849,834,000 | 780 | March 24, 2021 |
| October 2022 | $4,685,765,000 | 802 | September 1, 2022 |
| October 2023 | $4,329,254,000 | 801 | May 16, 2023 |
| October 2024 | $4,595,722,000 | 831 | March 25, 2024 |
| October 2025 | $4,055,658,000 | 871 | March 10, 2025 |
| October 2026 | $3,695,228,000 | 782 | March 18, 2026 |

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.

## Changes in the filing (last 12 months)

### April 2026
- Updated its list of owners and control persons (Schedule A).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Merit Energy Company (CRD 109310): Form ADV filing data as of October 2026.