Paresh Shah has been Owner of Merkkuri Wealth Advisors since January 2024, is a control person of the firm and directly owns 75% or more of it. Paresh Shah holds a Chemical Engineer (honors graduate) from Indian Institute of Technology at Kharagpur.
Merkkuri Wealth Advisors LLC is a Jericho, NY firm with $204M under management, 286 clients and 3 advisers in one office, as of its March 2026 filing.
Paresh Shah is Financial Advisor and Managing Principal of PareShah Partners and CEO of Merkkuri Wealth Advisors. He has been a Wealth Strategist for the past 27 years, helping individuals and businesses across the US with financial strategies. He specializes in Pension & Profit-Sharing Plans, Asset Protection, Estate Planning, and Business Succession Planning, and is a licensed CPE presenter who educates CPAs.
Paresh Shah’s longest registration was 11 years at Park Avenue Securities LLC (2006–2018). Before joining Merkkuri Wealth Advisors in 2024, Paresh Shah was registered through Csenge Advisory Group, LLC and Kestra Advisory Services, LLC.
- Merkkuri Wealth Advisors LLCCurrent– present · 2 yearsJericho, NY · Adviser representative · Firm CRD 330164
- Csenge Advisory Group, LLC– · 3 yearsHicksville,, NY · Adviser representative · Firm CRD 131167
- Kestra Advisory Services, LLC– · 2 yearsHicksville, NY · Adviser representative · Firm CRD 283330
- Park Avenue Securities LLC– · 11 yearsHicksville, NY · Adviser representative · Firm CRD 46173
Professional designations
Listed by Merkkuri Wealth Advisors
- CFP®
Investment adviser representative registrations
Paresh Shah is registered as an investment adviser representative in 2 states. Each was approved in April 2024.
- New YorkSince 3 April 2024
- TexasSince 4 April 2024
Examinations
| Exam | Name | Passed |
|---|---|---|
| SIE | Securities Industry Essentials Examination | Credited |
| Series 65 | Uniform Investment Adviser Law Examination | 23 December 2005 |
| Series 63 | Uniform Securities Agent State Law Examination | 17 November 2003 |
| Series 7 | General Securities Representative Examination | 10 November 2003 |
- Name
- Securities Industry Essentials Examination
- Name
- Uniform Investment Adviser Law Examination
- Name
- Uniform Securities Agent State Law Examination
- Name
- General Securities Representative Examination
- Full name
- Paresh B Shah
- CRD
- 4727940
- Firm
- Merkkuri Wealth Advisors · CRD 330164
- Role
- Owner
- Office
- 333 JERICHO TURNPIKE, SUITE 211, Jericho, NY 11753
- Registration
- Investment adviser and broker registrations
- In the industry since
- November 2003
- Disciplinary history
- Not yet shown here · SEC record · BrokerCheck
- Firm bio
- pareshah.com
Where does Paresh Shah work?
Paresh Shah has been Owner of Merkkuri Wealth Advisors LLC since January 2024, and is a control person of the firm.
Is Paresh Shah a financial advisor?
Yes. Paresh Shah has a current investment-adviser registration in New York and Texas, through Merkkuri Wealth Advisors since April 2024.
How many years of experience does Paresh Shah have?
Paresh Shah has 22 years in the financial industry, since November 2003, across 4 adviser firms.
What exams has Paresh Shah passed?
Paresh Shah has passed 3 licensing exams: the Series 7, Series 63 and Series 65. The earliest, the Series 7, was passed in November 2003. FINRA credited Paresh Shah with the SIE, which began in October 2018.
Where did Paresh Shah work before Merkkuri Wealth Advisors?
Before Merkkuri Wealth Advisors, Paresh Shah was registered through Kestra Advisory Services, LLC, March 2018 to February 2021; Park Avenue Securities LLC, November 2006 to March 2018.
Where is Paresh Shah based?
Paresh Shah’s registered office is in Jericho, NY.
Is Paresh Shah registered with FINRA?
Yes. Paresh Shah has a current broker registration, under CRD 4727940.
Source: FINRA BrokerCheck
Is Paresh Shah a CFP?
Merkkuri Wealth Advisors lists Paresh Shah with the CFP credential (“CFP®”) on its website. CFP Board confirms certification status.
How can I verify Paresh Shah’s record?
Search CRD 4727940 on the SEC’s adviser search (adviserinfo.sec.gov) and FINRA’s broker search (brokercheck.finra.org), which publish Paresh Shah’s full registration record.
- Christine HerouxChief Compliance Officer