Merit Financial Group, LLC is a large advisory firm based in Alpharetta. It manages $1.68 billion of regulatory assets for 6,866 client accounts. It has been registered with the SEC as an adviser since 2015 and has operated in the jurisdictions of Alabama, Arizona, Arkansas, and 20 other states.
Merit Financial Group provides financial planning services, portfolio management for individuals and small businesses, pension consulting services, selection of other advisers, and educational seminars and workshops. It prepares financial plans for more than 100 clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Merit Financial Group, LLC is $1.68 billion. The firm's AUM has grown by 200% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.
The advisory firm has several streams of revenue. Clients pay Merit Financial Group, LLC for their services and products based on a percentage of assets under management, hourly charges, and fixed fees. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.
The firm provides services to individuals, charitable organizations, high net worth individuals, corporations or other businesses, and pension and profit sharing plans. The largest group of clients of Merit Financial Group is individuals with 2,785 clients and $966.28 million of assets under management. Among the 9 most similar advisory firms, Merit Financial Group has the 2nd highest percentage of individuals out of all clients.
The amount of regulatory assets under management is $1.68 billion for 3,426 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. None of the firm’s clients are foreign persons or businesses.
Merit Financial Group doesn't advise any private funds.
The company employs 103 people that are either part- or full-time employees. 50 percent of the employees work as investment advisers or researchers. 58 employees are registered as investment adviser representatives with the state securities authorities.
There’s a single person with the role of looking for and bringing in new clients on behalf of the firm. The firm compensates employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.
The principal office where Merit Financial Group, LLC performs its advisory services is located at 2400 Lakeview Parkway, Alpharetta, GA 30009, which is also the mailing address of the firm. An additional office of the firm is in Mount Dora, FL. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 678-867-7050 or by fax 678-867-7060. The normal business hours are 8:30 am - 4:30 pm on Monday - Friday. You can find more information about the New York firm at afsgadvantage.com and its LinkedIn profile.