# Merkkuri Wealth Advisors LLC

> Merkkuri Wealth Advisors LLC is an SEC-registered investment advisory firm in Jericho, NY, registered since 2024, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated March 18, 2026.

- CRD: 330164
- Filed as: MERKKURI WEALTH ADVISORS LLC
- Also doing business as: PARESHAH PARTNERS, LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Jericho, NY
- Filing period: October 2026
- Form ADV filing dated: March 18, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/330164
- AdvisorCensus page: https://advisorcensus.com/firm/merkkuri-wealth-advisors-llc-jericho-ny-330164

## Quick answers

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

**Where is Merkkuri Wealth Advisors LLC located?**
Merkkuri Wealth Advisors LLC's principal office is in Jericho, NY, according to its Form ADV.

**Is Merkkuri Wealth Advisors LLC registered with the SEC or a state?**
Merkkuri Wealth Advisors LLC is an SEC-registered investment advisory firm, registered since 2024. Status as filed: Approved. CRD 330164.

**How much does Merkkuri Wealth Advisors LLC manage?**
Merkkuri Wealth Advisors LLC reports $204,061,905 in regulatory assets under management in its Form ADV filing dated March 18, 2026 (99% discretionary).

**How have Merkkuri Wealth Advisors LLC's assets and staff changed since 2024?**
In the Form ADV data for Merkkuri Wealth Advisors LLC: Regulatory assets under management: $156,183,061 in the October 2024 data and $204,061,905 in the October 2026 data, up 31%. Total employees: 7 in October 2024 and 7 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Merkkuri Wealth Advisors LLC serve?**
By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (180); pension and profit sharing plans (but not the plan participants or government pension plans) (65); high net worth individuals (29).

**Which custodians does Merkkuri Wealth Advisors LLC use?**
Merkkuri Wealth Advisors LLC's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Fidelity Brokerage Services LLC as a custodian holding 10% or more of its separately managed account assets.

**Does Merkkuri Wealth Advisors 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/330164

**What changed in Merkkuri Wealth Advisors LLC's recent Form ADV filings?**
In the April 2026 filing data: Regulatory assets under management went from $181,943,248 to $204,061,905 (+12%). Employees performing advisory functions went from 2 to 3.

## From the Form ADV filing

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

### Custodians (Schedule D, Section 5.K(3))
- Fidelity Brokerage Services LLC

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: $204,061,905
- Discretionary: $201,762,496
- Non-discretionary: $2,299,409

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 180 | $39,660,289 |
| High net worth individuals | 29 | $86,382,684 |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | 65 | $57,497,756 |
| Corporations or other businesses not listed above | 12 | $20,521,176 |

### Advisory services (Item 5.G)
- Financial planning services
- Portfolio management for individuals and/or small businesses
- Portfolio management for businesses (other than small businesses) or institutional clients
- Pension consulting services
- Selection of other advisers (including private fund managers)

### Firm details
- Registered since: 2024 (2 years)
- Employees: 7 total, 3 performing advisory functions
- Wrap fee program participation: Yes
- States registered or notice-filed: CA, FL, NJ, NY, PA, TX
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Websites listed on Form ADV (Item 1.I)
- [pareshah.com](https://pareshah.com)
- Facebook @PareShahPartners
- LinkedIn @paresh-shah-cfp

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2024 | $156,183,061 | 7 | July 5, 2024 |
| October 2025 | $181,943,248 | 7 | May 21, 2025 |
| October 2026 | $204,061,905 | 7 | March 18, 2026 |

Regulatory assets under management: $156,183,061 in the October 2024 data and $204,061,905 in the October 2026 data, up 31%.
Total employees: 7 in October 2024 and 7 in October 2026.

## Changes in the filing (last 12 months)

### April 2026
- Regulatory assets under management went from $181,943,248 to $204,061,905 (+12%).
- Employees performing advisory functions went from 2 to 3.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Merkkuri Wealth Advisors LLC (CRD 330164): Form ADV filing data as of October 2026.