Cary Marger has been CCO of Position Wealth since September 2019, is a control person of the firm and directly owns under 5% of it. Cary Marger studied at the University of Texas at Austin.
Position Wealth LLC is a The Woodlands, TX firm with $242M under management, 217 clients and 3 advisers across 3 offices, as of its July 2026 filing.
Cary Marger is Managing Partner of Position Wealth. He supported the U.S. Antarctic Program at McMurdo Station, Antarctica, working and living there in six to 12 month stretches for nearly a decade. He then became a financial advisor at Merrill Lynch in Houston, forming Allizadeh Marger & Associates with Danny Allizadeh in 2010 and Position Wealth in 2019. Marger lives and works in Salt Lake City, Utah.
Cary Marger’s longest registration was 5 years at Merrill Lynch, Pierce, Fenner & Smith Incorporated (2014–2019). Before joining Position Wealth in 2023, Cary Marger was registered through Truclarity Wealth Advisors and Merrill Lynch, Pierce, Fenner & Smith Incorporated.
- Position WealthCurrent– present · 3 yearsThe Woodlands, TX · Adviser representative · Firm CRD 325116
- Truclarity Wealth Advisors– · 3 yearsSalt Lake City, UT · Adviser representative · Firm CRD 305145
- Merrill Lynch, Pierce, Fenner & Smith Incorporated– · 5 yearsSalt Lake City, UT · Adviser representative · Firm CRD 7691
- Merrill Lynch, Pierce, Fenner & Smith Incorporated– · 2 yearsThe Woodlands, TX · Adviser representative · Firm CRD 7691
Investment adviser representative registrations
Cary Marger is registered as an investment adviser representative in 6 states, as a resident of Texas. The first approvals date from March 2023; the most recent is Nevada, in July 2024.
- CaliforniaSince 3 March 2023
- FloridaSince 27 June 2023
- LouisianaSince 7 March 2023
- NevadaSince 25 July 2024
- TexasResidentSince 6 March 2023
- UtahSince 24 March 2023
Examinations
| Exam | Name | Passed |
|---|---|---|
| SIE | Securities Industry Essentials Examination | Credited |
| Series 66 | Uniform Combined State Law Examination | 12 March 2010 |
| Series 7 | General Securities Representative Examination | 1 February 2010 |
- Name
- Securities Industry Essentials Examination
- Name
- Uniform Combined State Law Examination
- Name
- General Securities Representative Examination
- Full name
- Cary Seth Marger
- CRD
- 5746211
- Firm
- Position Wealth · CRD 325116
- Role
- CCO
- Office
- 2001 TIMBERLOCH PLACE, SUITE 500, The Woodlands, TX 77380
- Registration
- Investment adviser registration
- In the industry since
- January 2012
- Disciplinary history
- Not yet shown here · SEC record
- Firm bio
- positionwealth.com
Where does Cary Marger work?
Cary Marger has been CCO of Position Wealth LLC since September 2019, and is a control person of the firm.
Is Cary Marger a financial advisor?
Yes. Cary Marger has a current investment-adviser registration in California, Florida, Louisiana, Nevada, Texas and Utah, through Position Wealth since March 2023.
How many years of experience does Cary Marger have?
Cary Marger has 14 years in the financial industry, since January 2012, across 3 adviser firms.
What exams has Cary Marger passed?
Cary Marger has passed 2 licensing exams: the Series 7 and Series 66. The earliest, the Series 7, was passed in February 2010. FINRA credited Cary Marger with the SIE, which began in October 2018.
Where did Cary Marger work before Position Wealth?
Before Position Wealth, Cary Marger was registered through Merrill Lynch, Pierce, Fenner & Smith Incorporated, April 2014 to September 2019; Merrill Lynch, Pierce, Fenner & Smith Incorporated, April 2010 to April 2012.
Where is Cary Marger based?
Cary Marger’s registered office is in The Woodlands, TX.
Is Cary Marger registered with FINRA?
No. Cary Marger has no current broker registration.
How can I verify Cary Marger’s record?
Search CRD 5746211 on the SEC’s adviser search (adviserinfo.sec.gov), which publishes Cary Marger’s full registration record.
