{ "crd_number": 305961, "slug": "synergy-investment-management-llc-altamonte-springs-fl-305961", "primary_business_name": "SYNERGY INVESTMENT MANAGEMENT LLC", "legal_name": "SYNERGY INVESTMENT MANAGEMENT LLC", "dbas": [ "MERIT WEALTH ADVISORS", "NEXT STAGE CONSULTING", "SYNERGY WEALTH ALLIANCE, LLC" ], "city": "Altamonte Springs", "state": "FL", "country": "United States", "cbsa_code": "36740", "metro": { "cbsa_code": "36740", "common_name": "Orlando", "msa_name": "Orlando-Kissimmee-Sanford, FL", "path": "/advisors/fl/orlando" }, "registration_type": "sec", "registration_status": "Approved", "registration_date": "2024-04-19", "years_registered": 2, "period": "2026-10-01", "filing_date": "2026-05-20", "carried_forward": false, "raum_total": 681452500.0, "raum_discretionary": 672652153.0, "raum_non_discretionary": 8800347.0, "raum_band": "500m_1b", "raum_band_label": "$500 million to $1 billion", "total_employees": 22, "advisory_employees": 16, "client_count_bucket": "fewer_than_5_in_some_types", "clients_by_type": { "charitable": { "raum": 684427.0, "count": 5 }, "individuals": { "raum": 207123703.0, "count": 1685 }, "pension_profit_sharing": { "raum": 526849.0, "count": 3, "fewer_than_5": true }, "high_net_worth_individuals": { "raum": 456846613.0, "count": 784 }, "corporations_other_businesses": { "raum": 16270908.0, "count": 23 } }, "compensation_types": [ "fixed", "percentage_of_aum" ], "advisory_activities": [ "financial_planning", "portfolio_management_businesses_institutional", "portfolio_management_individuals", "selection_of_other_advisers" ], "wrap_fee_participant": true, "disclosure_yes_count": 0, "states_registered": [ "AZ", "CA", "FL", "GA", "IL", "LA", "MA", "MD", "MI", "NC", "NH", "NJ", "NY", "OH", "PA", "SC", "TN", "TX", "VA" ], "websites": [ "https://facebook.com/MeritWealthAdvisors", "https://facebook.com/SynergyWealthAlliance", "https://linkedin.com/company/mwadvisors", "https://linkedin.com/company/synergywealthalliance", "https://meritwa.com", "https://mywealthrealm.com", "https://nexstageconsulting.com", "https://synergywealthalliance.com", "https://x.com/SynergyWA", "https://youtube.com/@SynergyWealthAlliance", "https://youtube.com/@meritwealthadvisors3173" ], "iapd_url": "https://adviserinfo.sec.gov/firm/summary/305961", "city_as_filed": "ALTAMONTE SPRINGS", "url": "https://advisorcensus.com/firm/synergy-investment-management-llc-altamonte-springs-fl-305961", "display_name": "Synergy Investment Management LLC", "summary": "Synergy Investment Management LLC is an SEC-registered investment advisory firm in Altamonte Springs, FL, registered since 2024, reporting $500 million to $1 billion in regulatory assets under management in its Form ADV filing dated May 20, 2026.", "citation": "AdvisorCensus. Synergy Investment Management LLC (CRD 305961): Form ADV filing data as of October 2026.", "registration_type_label": "SEC-registered investment adviser", "compensation_labels": [ "A percentage of assets under your management", "Fixed fees (other than subscription fees)" ], "advisory_activity_labels": [ "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)" ], "quick_answers": [ { "q": "How is Synergy Investment Management LLC compensated?", "a": "On its Form ADV (Item 5.E, October 2026), Synergy Investment Management LLC reports these compensation arrangements: a percentage of assets under its management; fixed fees (other than subscription fees)." }, { "q": "How much does Synergy Investment Management LLC charge?", "a": "Its Form ADV Part 2A brochure dated March 11, 2026 states: Asset-based fee: up to 1.5% of assets a year (the maximum the brochure states); Flat fee: up to $20,000 (standalone financial planning services). Fees can differ by service and may be negotiable; the brochure is the complete statement." }, { "q": "Where is Synergy Investment Management LLC located?", "a": "Synergy Investment Management LLC's principal office is in Altamonte Springs, FL, according to its Form ADV; the June 2026 filing also lists 4 other offices (Schedule D, Section 1.F)." }, { "q": "Is Synergy Investment Management LLC registered with the SEC or a state?", "a": "Synergy Investment Management LLC is an SEC-registered investment advisory firm, registered since 2024. Status as filed: Approved. CRD 305961." }, { "q": "How much does Synergy Investment Management LLC manage?", "a": "Synergy Investment Management LLC reports $681,452,500 in regulatory assets under management in its Form ADV filing dated May 20, 2026 (99% discretionary)." }, { "q": "How have Synergy Investment Management LLC's assets and staff changed since 2021?", "a": "In the Form ADV data for Synergy Investment Management LLC: Regulatory assets under management: $0 in the October 2021 data and $681,452,500 in the October 2026 data. Total employees: 1 in October 2021 and 22 in October 2026. Assets under management move with markets as well as with clients coming and going." }, { "q": "What types of clients does Synergy Investment Management LLC serve?", "a": "By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (1,685); high net worth individuals (784); corporations or other businesses not listed above (23)." }, { "q": "Which custodians does Synergy Investment Management LLC use?", "a": "Synergy Investment Management LLC's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Charles Schwab & Co., Inc., Fidelity Investments, LPL Financial LLC and SEI Private Trust Company as custodians holding 10% or more of its separately managed account assets." }, { "q": "Does Synergy Investment Management 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/305961" }, { "q": "What changed in Synergy Investment Management LLC's recent Form ADV filings?", "a": "In the June 2026 filing data: Updated its list of owners and control persons (Schedule A)." } ], "filing_history": [ { "period": "2021-10-01", "regulatory_assets_under_management": 0.0, "total_employees": 1, "filing_date": "2021-08-31" }, { "period": "2024-10-01", "regulatory_assets_under_management": 101561619.0, "total_employees": 20, "filing_date": "2024-09-24" }, { "period": "2025-10-01", "regulatory_assets_under_management": 461195028.0, "total_employees": 29, "filing_date": "2025-06-23" }, { "period": "2026-10-01", "regulatory_assets_under_management": 681452500.0, "total_employees": 22, "filing_date": "2026-05-20" } ], "recent_changes": [ { "period": "2026-06-01", "period_label": "June 2026", "notes": [ "Updated its list of owners and control persons (Schedule A)." ] }, { "period": "2026-04-01", "period_label": "April 2026", "notes": [ "Employees performing advisory functions went from 9 to 16.", "Regulatory assets under management went from $461,195,028 to $681,452,500 (+48%).", "Added an office in The Villages, FL.", "Updated its list of owners and control persons (Schedule A)." ] }, { "period": "2026-01-01", "period_label": "January 2026", "notes": [ "Registered or notice-filed in AZ, IL, OH." ] }, { "period": "2025-12-01", "period_label": "December 2025", "notes": [ "Registered or notice-filed in LA, PA." ] } ], "fees_from_brochure": { "source": "Form ADV Part 2A brochure dated March 11, 2026", "provided_by_the_firm": false, "tiers": [], "flat_rate": null, "stated_range": null, "stated_maximum": "1.5% of assets a year", "account_minimum": null, "account_minimum_may_be_waived": false, "minimum_annual_fee": null, "planning_fees": [ "Flat fee: up to $20,000 (standalone financial planning services)" ], "figures": [ { "label": "Asset-based fee", "statements": [ "Asset-based fee: up to 1.5% of assets a year (the maximum the brochure states)" ], "quotes": [ "Investment advisory fees are paid quarterly, in advance of each calendar quarter, pursuant to the terms of the investment advisory agreement. Investment advisory fees are based on the market value of assets under management at the end of the prior quarter. Investment advisory fees range up to 1.50% annually based on several factors, including the scope and complexity of the services to be provided, the level of assets to be managed, and the overall relationship with the Advisor." ] }, { "label": "Planning fee", "statements": [ "Flat fee: up to $20,000 (standalone financial planning services)" ], "quotes": [ "Synergy offers standalone financial planning services for a fixed engagement fee. Fixed fees range up to a maximum of $20,000 with the total depending on the specific service[s] requested" ] } ], "values": { "tiers": [], "range_pct": null, "max_pct": 1.5, "account_minimum": null, "minimum_annual_fee": null, "planning": [ { "kind": "flat", "amount": null, "min": null, "max": 20000.0, "period": "one_time", "service": "standalone financial planning services" } ] }, "quotes": [ "Investment advisory fees are paid quarterly, in advance of each calendar quarter, pursuant to the terms of the investment advisory agreement. Investment advisory fees are based on the market value of assets under management at the end of the prior quarter. Investment advisory fees range up to 1.50% annually based on several factors, including the scope and complexity of the services to be provided, the level of assets to be managed, and the overall relationship with the Advisor.", "Synergy offers standalone financial planning services for a fixed engagement fee. Fixed fees range up to a maximum of $20,000 with the total depending on the specific service[s] requested" ], "note": "As stated in the firm's brochure; fees can differ by service and may be negotiable." }, "custodians": [ { "name": "Charles Schwab & Co., Inc.", "name_as_filed": "CHARLES SCHWAB & CO., INC.", "affiliated": false }, { "name": "Fidelity Investments", "name_as_filed": "FIDELITY INVESTMENTS", "affiliated": false }, { "name": "LPL Financial LLC", "name_as_filed": "LPL FINANCIAL LLC", "affiliated": false }, { "name": "SEI Private Trust Company", "name_as_filed": "SEI PRIVATE TRUST COMPANY", "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/synergy-investment-management-llc-altamonte-springs-fl-305961.md", "clients": [ { "type": "individuals", "label": "Individuals (other than high net worth individuals)", "count": 1685, "fewer_than_5": false, "raum": 207123703.0 }, { "type": "high_net_worth_individuals", "label": "High net worth individuals", "count": 784, "fewer_than_5": false, "raum": 456846613.0 }, { "type": "pension_profit_sharing", "label": "Pension and profit sharing plans (but not the plan participants or government pension plans)", "count": 3, "fewer_than_5": true, "raum": 526849.0 }, { "type": "charitable", "label": "Charitable organizations", "count": 5, "fewer_than_5": false, "raum": 684427.0 }, { "type": "corporations_other_businesses", "label": "Corporations or other businesses not listed above", "count": 23, "fewer_than_5": false, "raum": 16270908.0 } ], "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/305961", "operator": "BH Monitor Services, LLC", "license": "https://creativecommons.org/licenses/by/4.0/", "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data" } }