Merino Wealth Management

RIAState Registered

Total AUM

$47.2M

Discretionary

$47.2M

100% of AUM

Avg account

$118K

Accounts

399

Employees

Advisory reps

Firm details

Headquarters: Glenview, Illinois
CRD number: 317535
Website: www.merinowealth.com
Custodians: CHARLES SCHWAB & CO., INC.
Fee structure: Percentage of AUM, Hourly Charges, Fixed Fees
Client types: Individuals63.63%
HNWI35.14%
Pension & Profit Sharing Plans1.23%
Services: Financial PlanningPortfolio Management for IndividualsSelection of Other Advisers

Firm profile

FINTRX

Overview

Merino Wealth Management is an independent, privately held wealth advisory firm organized as a corporation and owned by an individual. The firm serves both individual/family and institutional clients and functions as a capital allocator — it provides investment selection and manager selection services in addition to direct portfolio management. Stated advisory activities include financial planning, portfolio management for individuals and small businesses, and the selection of other advisers. Merino charges a mix of fees: percentage of AUM, hourly fees, and fixed fees. The firm is not an active ESG investor. It is registered to operate in Arizona, California and Illinois.