# Meritas Wealth Management, LLC

> Meritas Wealth Management, LLC is an SEC-registered investment advisory firm in San Rafael, CA, registered since 2008, reporting $500 million to $1 billion in regulatory assets under management in its Form ADV filing dated March 27, 2026.

- CRD: 148565
- Filed as: MERITAS WEALTH MANAGEMENT, LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: San Rafael, CA
- Filing period: October 2026
- Form ADV filing dated: March 27, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/148565
- AdvisorCensus page: https://advisorcensus.com/firm/meritas-wealth-management-llc-san-rafael-ca-148565

## Quick answers

**How is Meritas Wealth Management, LLC compensated?**
On its Form ADV (Item 5.E, October 2026), Meritas Wealth Management, LLC reports these compensation arrangements: a percentage of assets under its management; hourly charges; fixed fees (other than subscription fees).

**Where is Meritas Wealth Management, LLC located?**
Meritas Wealth Management, LLC's principal office is in San Rafael, CA, according to its Form ADV; the April 2026 filing also lists 1 other office (Schedule D, Section 1.F).

**Is Meritas Wealth Management, LLC registered with the SEC or a state?**
Meritas Wealth Management, LLC is an SEC-registered investment advisory firm, registered since 2008. Status as filed: Approved. CRD 148565.

**How much does Meritas Wealth Management, LLC manage?**
Meritas Wealth Management, LLC reports $618,946,502 in regulatory assets under management in its Form ADV filing dated March 27, 2026 (100% discretionary).

**How have Meritas Wealth Management, LLC's assets and staff changed since 2021?**
In the Form ADV data for Meritas Wealth Management, LLC: Regulatory assets under management: $454,560,698 in the October 2021 data and $618,946,502 in the October 2026 data, up 36%. Total employees: 13 in October 2021 and 12 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Meritas Wealth Management, LLC serve?**
By number of clients on Form ADV Item 5.D: high net worth individuals (172); individuals (other than high net worth individuals) (152); charitable organizations (11).

**Which custodians does Meritas Wealth Management, LLC use?**
Meritas Wealth Management, LLC's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Charles Schwab & Co., Inc. as a custodian holding 10% or more of its separately managed account assets.

**Does Meritas Wealth Management, 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/148565

**What changed in Meritas Wealth Management, LLC's recent Form ADV filings?**
In the April 2026 filing data: Regulatory assets under management went from $533,826,660 to $618,946,502 (+16%). 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
- Hourly charges
- Fixed fees (other than subscription fees)

### Fees and minimums (Form ADV Part 2A brochure dated March 27, 2026)

- Minimum annual fee: $10,000

> Meritas generally requires a minimum annual fee of $10,000 per client, which we may waive at our discretion.

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.

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: $618,946,502
- Discretionary: $618,946,502
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 152 | $91,507,952 |
| High net worth individuals | 172 | $498,480,414 |
| Banking or thrift institutions | 0 | $0 |
| Investment companies | 0 | $0 |
| Business development companies | 0 | $0 |
| Pooled investment vehicles (other than investment companies and business development companies) | 0 | $0 |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | Fewer than 5 | $9,580,440 |
| Charitable organizations | 11 | $12,604,332 |
| State or municipal government entities (including government pension plans) | 0 | $0 |
| Other investment advisers | 0 | $0 |
| Insurance companies | 0 | $0 |
| Sovereign wealth funds and foreign official institutions | 0 | $0 |
| Corporations or other businesses not listed above | Fewer than 5 | $6,773,364 |
| Other | 0 | $0 |

### Advisory services (Item 5.G)
- Financial planning services
- Portfolio management for individuals and/or small businesses

### Firm details
- Registered since: 2008 (17 years)
- Employees: 12 total, 5 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: CA, DC, LA, SC, TX, WA
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Other offices (Schedule D, Section 1.F), as of the April 2026 filing
- Healdsburg, CA

### Websites listed on Form ADV (Item 1.I)
- meritaswealth.com
- LinkedIn @MERITAS-WEALTH-MANAGEMENT-LLC

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $454,560,698 | 13 | April 9, 2021 |
| October 2022 | $560,572,253 | 13 | April 26, 2022 |
| October 2023 | $523,175,221 | 12 | September 19, 2023 |
| October 2024 | $483,839,170 | 11 | April 26, 2024 |
| October 2025 | $533,826,660 | 12 | April 29, 2025 |
| October 2026 | $618,946,502 | 12 | March 27, 2026 |

Regulatory assets under management: $454,560,698 in the October 2021 data and $618,946,502 in the October 2026 data, up 36%.
Total employees: 13 in October 2021 and 12 in October 2026.

## Changes in the filing (last 12 months)

### April 2026
- Regulatory assets under management went from $533,826,660 to $618,946,502 (+16%).
- Updated its list of owners and control persons (Schedule A).

### December 2025
- Registered or notice-filed in DC.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Meritas Wealth Management, LLC (CRD 148565): Form ADV filing data as of October 2026.