AdvisorCensus / Financial advisors / Texas / Dallas / Miai, Inc.
Miai, Inc. is an SEC-registered investment advisory firm in Dallas, TX, registered since 2002, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated September 10, 2026.
Quick answers
From the filingHow is Miai, Inc. compensated?
On its Form ADV (Item 5.E, October 2026), Miai, Inc. reports these compensation arrangements: a percentage of assets under its management; hourly charges; fixed fees (other than subscription fees); commissions.
Where is Miai, Inc. located?
Miai, Inc.'s principal office is in Dallas, TX, according to its Form ADV; the October 2026 filing also lists 1 other office (Schedule D, Section 1.F).
Is Miai, Inc. registered with the SEC or a state?
Miai, Inc. is an SEC-registered investment advisory firm, registered since 2002. Status as filed: Approved. CRD 111695.
How much does Miai, Inc. manage?
Miai, Inc. reports $213,321,166 in regulatory assets under management in its Form ADV filing dated September 10, 2026 (100% discretionary).
How have Miai, Inc.'s assets and staff changed since 2021?
In the Form ADV data for Miai, Inc.: Regulatory assets under management: $328,451,273 in the October 2021 data and $213,321,166 in the October 2026 data, down 35%. Total employees: 8 in October 2021 and 4 in October 2026. Assets under management move with markets as well as with clients coming and going.
What types of clients does Miai, Inc. serve?
By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (242); high net worth individuals (32); corporations or other businesses not listed above (2).
Which custodians does Miai, Inc. use?
Miai, Inc.'s most recent Form ADV filing (Schedule D, Section 5.K(3)) lists National Financial Services LLC as a custodian holding 10% or more of its separately managed account assets.
Does Miai, Inc. report any disciplinary disclosures?
Reports 4 disclosure items on Form ADV Item 11: yes answers to 11.C(1) (SEC or CFTC finding of a false statement or omission), 11.C(2) (SEC or CFTC finding of a violation), 11.C(4) (SEC or CFTC order), and 11.C(5) (SEC or CFTC civil money penalty or cease-and-desist order). Each question covers the firm and its advisory affiliates, and one event can produce several yes answers. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/111695
Does Miai, Inc. state an account minimum?
Its Form ADV Part 2A brochure dated December 2, 2025 says: "MIAI generally provides investment advisory services to individuals, trusts, estates, corporations, other business entities, charitable organizations, pension, and profit-sharing plans. MIAI has no minimum account size. The minimum account size will be negotiated between the client and the MIAI representative."
What changed in Miai, Inc.'s recent Form ADV filings?
In the October 2026 filing data: Updated its list of owners and control persons (Schedule A).
From the Form ADV filing
Every figure below is as the firm filed it with regulators, as of October 2026.
How the firm is compensated
Item 5.E- A percentage of assets under your management
- Hourly charges
- Fixed fees (other than subscription fees)
- Commissions
Item 5.E lists how the firm is compensated for its advice; Items 5.B, 6.A, and 7.A show whether its people or related companies can also earn commissions. Percentage of assets, fixed, hourly, subscription, and performance-based fees come from clients (a performance-based fee depends on investment results); commissions come with a sale or a trade, often from the company behind the product. How fees, commissions, and other arrangements differ
Fees and minimums
Form ADV Part 2AThe brochure lists different fees for different services or strategies; see the brochure for them.
Account minimum: None (the brochure says it may be waived or negotiated)
The brochure's wording
MIAI generally provides investment advisory services to individuals, trusts, estates, corporations, other business entities, charitable organizations, pension, and profit-sharing plans. MIAI has no minimum account size. The minimum account size will be negotiated between the client and the MIAI representative.
As stated in the firm's Form ADV Part 2A brochure dated December 2, 2025. Fees can differ by service and may be negotiable; the brochure is the complete statement. Read the brochure on the SEC's IAPD site
Regulatory assets under management
Item 5.F$213,321,166 as of October 2026, filing dated September 10, 2026.
A measure of scale, not skill or returns. Discretionary means the firm decides trades; non-discretionary means clients approve each one. What assets under management means
Who the firm serves
Item 5.DA firm with no individual clients is an institutional manager even if it manages billions; the mix tells you whom the practice is built around.
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
- Selection of other advisers (including private fund managers)
Registration and firm details
Items 1, 2, 5- Also doing business as
- EMERALD FINANCIAL GROUP, MAPLEWOOD INVESTMENTS, INC.
- Registration
- SEC-registered investment adviser. Status as filed: Approved.
- Registered since
- 2002 (24 years)
- Employees
- Total: 4. Performing investment advisory functions: 4.
- Wrap fee program participation
- No.
- Custodians (Schedule D, Section 5.K(3))
-
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.
- Other offices (Schedule D, Section 1.F)
-
1 other office, as of the October 2026 filing
- States registered or notice-filed
-
3 states or jurisdictions
SEC-registered investment advisers are examined by the SEC. SEC, state, and exempt registration
Disclosures
Item 114 Reports 4 disclosure items on Form ADV Item 11. View on IAPD.
Questions answered yes on this filing
Regulatory matters Items 11.C to 11.G
- 11.C(1) Has the SEC or the CFTC ever found that the firm or an advisory affiliate made a false statement or omission?
- 11.C(2) Has the SEC or the CFTC ever found that the firm or an advisory affiliate was involved in a violation of SEC or CFTC regulations or statutes?
- 11.C(4) Has the SEC or the CFTC ever entered an order against the firm or an advisory affiliate in connection with investment-related activity?
- 11.C(5) Has the SEC or the CFTC ever imposed a civil money penalty on the firm or an advisory affiliate, or ordered the firm or an advisory affiliate to cease and desist from an activity?
Each question covers the firm and its advisory affiliates: its current employees other than clerical staff, its officers, partners, and directors, and anyone who controls the firm or is controlled by it. One event can produce yes answers to several questions. SEC-registered advisers and exempt reporting advisers may leave out events more than ten years old, and may answer 11.A(2) and 11.B(2) for pending charges only. What happened, and who was involved, is on the Disclosure Reporting Pages of the IAPD record. Reading a firm's disclosures
Assets and staff over time
Items 5.A, 5.F| Data period | Assets under management | Employees | Filing dated |
|---|---|---|---|
| October 2026 | $213,321,166 | 4 | September 10, 2026 |
| October 2025 | $189,392,487 | 4 | June 10, 2025 |
| October 2024 | $146,604,043 | 4 | January 2, 2024 |
| October 2023 | $371,344,381 | 4 | December 16, 2022 |
| October 2022 | $416,997,847 | 8 | July 28, 2022 |
| October 2021 | $328,451,273 | 8 | October 13, 2020 |
Regulatory assets under management: $328,451,273 in the October 2021 data and $213,321,166 in the October 2026 data, down 35%.
Total employees: 8 in October 2021 and 4 in October 2026.
As filed in each year's data for the same month. Assets under management move with markets as well as with clients coming and going; they measure scale, not skill or returns. Most firms update these figures once a year.
Changes in the filing
Last 12 months- October 2026
- Updated its list of owners and control persons (Schedule A).
- February 2026
- Added the business name Emerald Financial Group.
- Added an office in Charlotte, NC.
- Registered or notice-filed in NC.
- January 2026
- Regulatory assets under management went from $189,392,487 to $213,321,166 (+13%).
Compared month to month from the SEC's monthly adviser data and the state compilation feed. Owners and control persons are summarized, never named.
Websites listed on Form ADV
Item 1.ISource: Form ADV, as of October 2026. Values appear as filed; a value the firm did not report is shown as "Not reported."
Cite this page
AdvisorCensus. Miai, Inc. (CRD 111695): Form ADV filing data as of October 2026. https://advisorcensus.com/firm/miai-inc-dallas-tx-111695