{
  "crd_number": 299549,
  "slug": "merited-wealth-llc-north-bay-village-fl-299549",
  "primary_business_name": "MERITED WEALTH, LLC",
  "legal_name": "MERITED WEALTH, LLC",
  "dbas": [
    "MERITED WEALTH",
    "MERITED WEALTH BENEFITS"
  ],
  "city": "North Bay Village",
  "state": "FL",
  "country": "United States",
  "cbsa_code": "33100",
  "metro": {
    "cbsa_code": "33100",
    "common_name": "Miami",
    "msa_name": "Miami-Fort Lauderdale-West Palm Beach, FL",
    "path": "/advisors/fl/miami"
  },
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "2024-02-29",
  "years_registered": 2,
  "period": "2026-10-01",
  "filing_date": "2026-08-14",
  "carried_forward": false,
  "raum_total": 186147824.0,
  "raum_discretionary": 185941867.0,
  "raum_non_discretionary": 205957.0,
  "raum_band": "100m_500m",
  "raum_band_label": "$100 million to $500 million",
  "total_employees": 8,
  "advisory_employees": 4,
  "client_count_bucket": "fewer_than_5_in_some_types",
  "clients_by_type": {
    "other": {
      "raum": 46.0,
      "count": 1,
      "description": "UNASSIGNED"
    },
    "individuals": {
      "raum": 44118915.0,
      "count": 131
    },
    "banking_thrift": {
      "raum": null,
      "count": 0
    },
    "state_municipal": {
      "raum": null,
      "count": 0
    },
    "insurance_companies": {
      "raum": null,
      "count": 0
    },
    "investment_companies": {
      "raum": null,
      "count": 0
    },
    "pension_profit_sharing": {
      "raum": 6757705.0,
      "count": 2,
      "fewer_than_5": true
    },
    "other_investment_advisers": {
      "raum": null,
      "count": 0
    },
    "high_net_worth_individuals": {
      "raum": 132060183.0,
      "count": 51
    },
    "pooled_investment_vehicles": {
      "raum": null,
      "count": 0
    },
    "corporations_other_businesses": {
      "raum": 3210975.0,
      "count": 1,
      "fewer_than_5": true
    },
    "business_development_companies": {
      "raum": null,
      "count": 0
    },
    "sovereign_wealth_foreign_official": {
      "raum": null,
      "count": 0
    }
  },
  "compensation_types": [
    "fixed",
    "hourly",
    "percentage_of_aum"
  ],
  "advisory_activities": [
    "financial_planning",
    "portfolio_management_individuals"
  ],
  "wrap_fee_participant": false,
  "disclosure_yes_count": 0,
  "states_registered": [
    "FL",
    "TX",
    "WI"
  ],
  "websites": [
    "https://facebook.com/people/Merited-Wealth-LLC/100090138570648",
    "https://linkedin.com/company/meritedwealth",
    "https://meritedwealth.com",
    "https://satwealthman.com",
    "https://x.com/satwealthman",
    "https://youtube.com/@meritedwealth4103"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/299549",
  "city_as_filed": "NORTH BAY VILLAGE",
  "url": "https://advisorcensus.com/firm/merited-wealth-llc-north-bay-village-fl-299549",
  "display_name": "Merited Wealth, LLC",
  "summary": "Merited Wealth, LLC is an SEC-registered investment advisory firm in North Bay Village, FL, registered since 2024, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated August 14, 2026.",
  "citation": "AdvisorCensus. Merited Wealth, LLC (CRD 299549): Form ADV filing data as of October 2026.",
  "registration_type_label": "SEC-registered investment adviser",
  "compensation_labels": [
    "A percentage of assets under your management",
    "Hourly charges",
    "Fixed fees (other than subscription fees)"
  ],
  "advisory_activity_labels": [
    "Financial planning services",
    "Portfolio management for individuals and/or small businesses"
  ],
  "quick_answers": [
    {
      "q": "How is Merited Wealth, LLC compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), Merited Wealth, LLC reports these compensation arrangements: a percentage of assets under its management; hourly charges; fixed fees (other than subscription fees)."
    },
    {
      "q": "How much does Merited Wealth, LLC charge?",
      "a": "Its Form ADV Part 2A brochure dated August 14, 2026 states: Asset-based fee: up to 2% of assets a year (the maximum the brochure states); Hourly rate: $250 to $750 an hour (financial planning services); Flat fee: $1,500 to $10,000 (financial planning services). Fees can differ by service and may be negotiable; the brochure is the complete statement."
    },
    {
      "q": "Where is Merited Wealth, LLC located?",
      "a": "Merited Wealth, LLC's principal office is in North Bay Village, FL, according to its Form ADV; the September 2026 filing also lists 1 other office (Schedule D, Section 1.F)."
    },
    {
      "q": "Is Merited Wealth, LLC registered with the SEC or a state?",
      "a": "Merited Wealth, LLC is an SEC-registered investment advisory firm, registered since 2024. Status as filed: Approved. CRD 299549."
    },
    {
      "q": "How much does Merited Wealth, LLC manage?",
      "a": "Merited Wealth, LLC reports $186,147,824 in regulatory assets under management in its Form ADV filing dated August 14, 2026 (100% discretionary)."
    },
    {
      "q": "How have Merited Wealth, LLC's assets and staff changed since 2024?",
      "a": "In the Form ADV data for Merited Wealth, LLC: Regulatory assets under management: $105,711,182 in the October 2024 data and $186,147,824 in the October 2026 data, up 76%. Total employees: 4 in October 2024 and 8 in October 2026. Assets under management move with markets as well as with clients coming and going."
    },
    {
      "q": "What types of clients does Merited Wealth, LLC serve?",
      "a": "By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (131); high net worth individuals (51); pension and profit sharing plans (but not the plan participants or government pension plans) (2)."
    },
    {
      "q": "Which custodians does Merited Wealth, LLC use?",
      "a": "Merited Wealth, LLC's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Assetmark Trust Company and Fidelity Brokerage Services LLC as custodians holding 10% or more of its separately managed account assets."
    },
    {
      "q": "Does Merited Wealth, LLC 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/299549"
    },
    {
      "q": "What changed in Merited Wealth, LLC's recent Form ADV filings?",
      "a": "In the April 2026 filing data: Regulatory assets under management went from $143,359,170 to $186,147,824 (+30%)."
    }
  ],
  "filing_history": [
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": 105711182.0,
      "total_employees": 4,
      "filing_date": "2024-07-15"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 143359170.0,
      "total_employees": 4,
      "filing_date": "2025-03-14"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 186147824.0,
      "total_employees": 8,
      "filing_date": "2026-08-14"
    }
  ],
  "recent_changes": [
    {
      "period": "2026-04-01",
      "period_label": "April 2026",
      "notes": [
        "Regulatory assets under management went from $143,359,170 to $186,147,824 (+30%)."
      ]
    }
  ],
  "fees_from_brochure": {
    "source": "Form ADV Part 2A brochure dated August 14, 2026",
    "provided_by_the_firm": false,
    "tiers": [],
    "flat_rate": null,
    "stated_range": null,
    "stated_maximum": "2% of assets a year",
    "account_minimum": null,
    "account_minimum_may_be_waived": false,
    "minimum_annual_fee": null,
    "planning_fees": [
      "Hourly rate: $250 to $750 an hour (financial planning services)",
      "Flat fee: $1,500 to $10,000 (financial planning services)"
    ],
    "figures": [
      {
        "label": "Asset-based fee",
        "statements": [
          "Asset-based fee: up to 2% of assets a year (the maximum the brochure states)"
        ],
        "quotes": [
          "The specific manner in which fees are charged by the firm is established in a client’s written agreement and account application between the client and Merited Wealth – up to 2.0% of assets under management.",
          "The hourly fee is $250 - $750 per hour. Flat fee agreements are typically for three (3) months to one (1) year in a range of $1,500 - $10,000 and are paid up front (if 3 months or less) or on a monthly basis."
        ]
      },
      {
        "label": "Planning fee",
        "statements": [
          "Hourly rate: $250 to $750 an hour (financial planning services)"
        ],
        "quotes": [
          "The hourly fee is $250 - $750 per hour. Flat fee agreements are typically for three (3) months to one (1) year in a range of $1,500 - $10,000 and are paid up front"
        ]
      },
      {
        "label": "Planning fee",
        "statements": [
          "Flat fee: $1,500 to $10,000 (financial planning services)"
        ],
        "quotes": [
          "The hourly fee is $250 - $750 per hour. Flat fee agreements are typically for three (3) months to one (1) year in a range of $1,500 - $10,000 and are paid up front"
        ]
      }
    ],
    "values": {
      "tiers": [],
      "range_pct": null,
      "max_pct": 2.0,
      "account_minimum": null,
      "minimum_annual_fee": null,
      "planning": [
        {
          "kind": "hourly",
          "amount": null,
          "min": 250.0,
          "max": 750.0,
          "period": "hour",
          "service": "financial planning services"
        },
        {
          "kind": "flat",
          "amount": null,
          "min": 1500.0,
          "max": 10000.0,
          "period": "one_time",
          "service": "financial planning services"
        }
      ]
    },
    "quotes": [
      "The specific manner in which fees are charged by the firm is established in a client’s written agreement and account application between the client and Merited Wealth – up to 2.0% of assets under management.",
      "The hourly fee is $250 - $750 per hour. Flat fee agreements are typically for three (3) months to one (1) year in a range of $1,500 - $10,000 and are paid up front (if 3 months or less) or on a monthly basis.",
      "The hourly fee is $250 - $750 per hour. Flat fee agreements are typically for three (3) months to one (1) year in a range of $1,500 - $10,000 and are paid up front",
      "The hourly fee is $250 - $750 per hour. Flat fee agreements are typically for three (3) months to one (1) year in a range of $1,500 - $10,000 and are paid up front"
    ],
    "note": "As stated in the firm's brochure; fees can differ by service and may be negotiable."
  },
  "custodians": [
    {
      "name": "Assetmark Trust Company",
      "name_as_filed": "ASSETMARK TRUST COMPANY",
      "affiliated": false
    },
    {
      "name": "Fidelity Brokerage Services LLC",
      "name_as_filed": "FIDELITY BROKERAGE SERVICES LLC",
      "affiliated": false
    }
  ],
  "custodians_note": "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.",
  "markdown_url": "https://advisorcensus.com/firm/merited-wealth-llc-north-bay-village-fl-299549.md",
  "clients": [
    {
      "type": "individuals",
      "label": "Individuals (other than high net worth individuals)",
      "count": 131,
      "fewer_than_5": false,
      "raum": 44118915.0
    },
    {
      "type": "high_net_worth_individuals",
      "label": "High net worth individuals",
      "count": 51,
      "fewer_than_5": false,
      "raum": 132060183.0
    },
    {
      "type": "banking_thrift",
      "label": "Banking or thrift institutions",
      "count": 0,
      "fewer_than_5": false,
      "raum": null
    },
    {
      "type": "investment_companies",
      "label": "Investment companies",
      "count": 0,
      "fewer_than_5": false,
      "raum": null
    },
    {
      "type": "business_development_companies",
      "label": "Business development companies",
      "count": 0,
      "fewer_than_5": false,
      "raum": null
    },
    {
      "type": "pooled_investment_vehicles",
      "label": "Pooled investment vehicles (other than investment companies and business development companies)",
      "count": 0,
      "fewer_than_5": false,
      "raum": null
    },
    {
      "type": "pension_profit_sharing",
      "label": "Pension and profit sharing plans (but not the plan participants or government pension plans)",
      "count": 2,
      "fewer_than_5": true,
      "raum": 6757705.0
    },
    {
      "type": "state_municipal",
      "label": "State or municipal government entities (including government pension plans)",
      "count": 0,
      "fewer_than_5": false,
      "raum": null
    },
    {
      "type": "other_investment_advisers",
      "label": "Other investment advisers",
      "count": 0,
      "fewer_than_5": false,
      "raum": null
    },
    {
      "type": "insurance_companies",
      "label": "Insurance companies",
      "count": 0,
      "fewer_than_5": false,
      "raum": null
    },
    {
      "type": "sovereign_wealth_foreign_official",
      "label": "Sovereign wealth funds and foreign official institutions",
      "count": 0,
      "fewer_than_5": false,
      "raum": null
    },
    {
      "type": "corporations_other_businesses",
      "label": "Corporations or other businesses not listed above",
      "count": 1,
      "fewer_than_5": true,
      "raum": 3210975.0
    },
    {
      "type": "other",
      "label": "Other",
      "count": 1,
      "fewer_than_5": false,
      "raum": 46.0
    }
  ],
  "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/299549",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}